100 Best Apartments in Waco, TX (with reviews)

Q: What are the best apartments in Waco, TX?

The best apartments in Waco, TX are: THE RESIDENCE AT CTM , The Edmond , Abbey Glenn Apartments , Garden Place and 1725 S. Valley Mills .

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Average rent in Waco, TX

$1,304/mo Waco, TX average rental price, February 2023

The average monthly rent of apartments in Waco, TX is $1,304.

Waco, TX apartment rent ranges

About 44% of apartment rents in Waco, TX range between $1,001-$1,500. Meanwhile, apartments priced over $1,501-$2,000 represent 14% of apartments. Around 27% of Waco’s apartments are in the $701-$1,000 price range. 5% of apartments are priced between $501-$700.

Waco, TX rent trends

Check out the average rent prices in Waco by neighborhood.

Compared to the national average rent of $1,702, the average rent in Waco, TX is $1,304.

Getting around in Waco, TX

52 /100

Somewhat Walkable

43 /100

Somewhat Bikeable

Walk Score®: 52, Bike Score®: 43

Frequently asked questions

When were prices and availability in Waco, TX last updated?

Prices and availability in Waco, TX were last updated on 4 Jun 2023.

What are the best apartments in Waco, TX?

The best apartments in Waco, TX are: THE RESIDENCE AT CTM, The Edmond, Abbey Glenn Apartments, Garden Place and 1725 S. Valley Mills.

What is the average rent in Waco, TX?

The average rent in Waco, TX is $1,304. Start your search for apartments in Waco, TX now.

What is the price range for a studio apartment in Waco, TX?

The price range for a studio apartment in Waco, TX is between $1,010 and $1,345. View all studio apartments in Waco, TX.

What is the price range for a 1-bedroom apartment in Waco, TX?

The price range for a 1-bedroom apartment in Waco, TX is between $988 and $1,790. Browse all available 1-bedroom apartments in Waco, TX now.

What is the price range for a 2-bedroom apartment in Waco, TX?

The price range for a 2-bedroom apartment in Waco, TX is between $1,021 and $2,072. Browse and find a 2-bedroom apartment in Waco, TX.

What is the price range for a 3-bedroom apartment in Waco, TX?

The price range for a 3-bedroom apartment in Waco, TX is between $988 and $2,309. Browse all available 3-bedroom apartments in Waco, TX.

What type of rental buildings are in Waco, TX?

In Waco 53% of the housing is rented out compared to 47% of homes are owned, according to the most recent Census Bureau estimates. 11% of Waco’s apartments are found in large buildings of 50 units or more, 58% are located in smaller apartment complexes with less than 50 units, and 30% are single-family rentals.

What do typical apartment communities look like in Waco, TX?

The average age of rental buildings in Waco is 35 years old, with 35% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which 98% are garden-style apartment communities, 2% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

What apartment floorplans are common in Waco, TX?

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.

Living in Waco, TX

Located halfway between Dallas and Austin via Interstate 35, Waco is a small Texas town that became famous for the television series “Fixer Upper”, a renovation show that started in the area. Waco is a growing community with an old-school Texas Charm vibe. The weather in Waco is humid subtropical, with muggy, hot summers and brief winters that don’t get very cold. Located in McLennon County, the area is solidly suburban and has an above-average school system that includes Baylor University, which is located there. Waco is also a great renting spot for nature lovers, as people living here have access to many beautiful parks such as Woodway Park along Lake Waco, Cameron Park and Kendrick Park.

Renting in Waco, TX

Despite gaining its reputation as a renovation haven, Waco’s population includes more renters than homeowners. Apartments dwellers in Waco enjoy having access to affordable two- and three-bedroom rental units as well as an abundance of amenities that appeal to young professionals, like pools, fitness centers, dog parks and tennis courts. Some of the best places to rent in Waco are situated on Austin Avenue, in Brook Oaks and in downtown Waco, a very walkable area where loft-style apartments in particular are in high demand. Downtown Waco attracts a younger crowd of renters due to its busy social scene and a community vibe that is inclusive and friendly.

Waco, TX demographics

136,800Total Population
70,709 Female

66,091 Male
29.1Median Age

Waco, TX has a population of 136,800 according to the most recent data from the U.S. Census Bureau. 70,709 of Waco’s residents are women and 66,091 are men. The median age of those who live in Waco, TX is 29.1.

Shopping in Waco, TX

One of the biggest shopping attractions that Waco has to offer is the Magnolia Market at the Silos, which takes up two city blocks in the downtown area. Tourists and renters love to go there to buy baked goods, shop six boutiques and eat at Magnolia Table, a sit-down restaurant. Other shopping options in Waco include the Shops at River Square right along the Bosque River, the Richland Mall for indoor shopping and the Brazos Place Shopping Center. For grocery shopping, renters have access to H-E-B, Target, Aldi and a Walmart Supercenter.

Waco, TX households

29,026 Family

21,964 Non-family
15,922 Children

35,068 No Children

50,990Total Number of Households
2.52Average People Per Household
$42,687Median Household Income

According to U.S. Census data, there are 50,990 households in Waco, TX. 29,026 are family households and 21,964 are non-family households. There are 15,922 households with children in Waco and 35,068 households without children. On average, about 2.52 people live in a household in Waco, TX.

Transportation in Waco, TX

Waco is mostly car-dependent and doesn’t have too many bike lanes. In order to get around Waco without a car, renters use the Waco Transit System, which is a fixed route bus system that goes all over town. Baylor University students and staff have access to a bus system called the Baylor University Shuttle (BUS). Waco is also served by an Amtrak train that has a stop at a station on 8th Street, about one mile from the downtown area. In addition, the Waco Lake Hike and Bike Trail is very popular with cycling enthusiasts. Local taxis and ridesharing services like Uber and Lyft are also available in the area for renters who prefer getting around more easily. For air travel, the nearby Waco Regional Airport operates quick daily flights to the Dallas/Fort Worth International Airport. From there, travelers can reach any destination in the U.S. and around the world.

Waco, TX education statistics

The level of education of the population of Waco, TX is as follows: 6% have no high school education, 38% completed some high school, 24% partially completed college, 8% have an Associate Degree, 15% have a Bachelor Degree, and 8% have a Graduate Degree.

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RentCafe is your one-stop shop for finding a great new apartment in Waco, TX. Easily search through a wide selection of apartments for rent in Waco, TX, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Waco, TX apartments with rents starting from $541 and submit your rental application today!

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Apartments for Rent in Waco, TX 28 Rentals Available

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