Apartments for Rent in Waco, TX

The best apartments in Waco, TX are: Garden Place, Abbey Glenn Apartments, 2201 Creekview, Sunrise Pointe 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 $2,498.

The price range for a 2-bedroom apartment in Waco, TX is between $951 and $3,297.

The price range for a 3-bedroom apartment in Waco, TX is between $455 and $3,711.

In Waco 51% of the housing is rented out compared to 49% of homes are owned, according to the most recent Census Bureau estimates. 14% of Waco's apartments are found in large buildings of 50 units or more, 60% are located in smaller apartment complexes with less than 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.

Studio apartments in Waco are around 0.7% of rentals, while 1-bedroom floor plans represent 40% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 42% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.