Apartments for Rent in Waco, TX

Prices and availability in Waco, TX were last updated on 8 Jun 2026.

The best apartments in Waco, TX are: Garden Place, LUXE AT 1300, THE RESIDENCE AT CTM, Tuscany Ranch Apartments and The Residence at CTM.

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

The price range for a 1-bedroom apartment in Waco, TX is between $455 and $2,599.

The price range for a 2-bedroom apartment in Waco, TX is between $985 and $2,884.

The price range for a 3-bedroom apartment in Waco, TX is between $455 and $3,334.

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.

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.