Apartments for Rent in Waco, TX

Prices and availability in Waco, TX were last updated on 6 May 2026.

The best apartments in Waco, TX are: 2201 Creekview, THE RESIDENCE AT CTM, Sunrise Pointe, Barrons 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 $444 and $2,830.

The price range for a 2-bedroom apartment in Waco, TX is between $550 and $3,344.

The price range for a 3-bedroom apartment in Waco, TX is between $444 and $3,344.

In Waco 51% of the housing is rented out compared to 49% of homes are owned, according to the most recent Census Bureau estimates. 13% 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 27% are single-family rentals.

The average age of rental buildings in Waco is 35 years old, with 39% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 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.

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.