Apartments for Rent in Waco, TX

Prices and availability in Waco, TX were last updated on 1 Aug 2026.

The best apartments in Waco, TX are: Garden Place, Riviera Apartments, 2201 Creekview, Abbey Glenn Apartments and Tuscany Ranch Apartments.

The average rent in Waco, TX is $1,330.

The price range for a 1-bedroom apartment in Waco, TX is between $455 and $2,514.

The price range for a 2-bedroom apartment in Waco, TX is between $951 and $3,310.

The price range for a 3-bedroom apartment in Waco, TX is between $1,101 and $3,711.

In Waco, 51% of the residents are renting compared to 49% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 14% of Waco's rentals, 60% are small-scale complexes with under 50 units, and 26% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Waco are about 35 years old, on average. Of these, 39% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 98% of the rental communities here are low-rise, garden-style communities, 2% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Waco come in a range of sizes and floorplans. Studio apartments represent 0.7% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 40% of the total apartments in the city, while 2-bedroom floorplans represent around 42% of all rentals in Waco. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.