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Cheap Apartments for Rent in Waco, TX

Cheap Apartments for Rent in Waco, TX. 40 Rentals Available
40 Rentals Available
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Apartments Under $500 Apartments Under $1,000 Apartments Under $1,300

Apartments Under $500

  • Only 2 units left
    1 bd $455
    2 bd $1,154
    Base rent
    Verified Listing

    817 Colcord Ave, Waco, TX 76707
    Fitness center • Pool • Dishwasher

Apartments Under $1,000

  • New units available 24 units available
    1 bd $959+
    2 bd $1,168+
    Base rent
    Verified Listing

    4.5 (10)
    1700 Breezy Dr., Waco, TX 76712
    Apply online • Pet friendly • Pool
  • Rent specials New units available
    1 bd $999+
    2 bd $1,150+
    Base rent
    Verified Listing

    4.0 (4)
    620 N Hewitt Drive, Hewitt, TX 76642
    Apply online • Pet friendly • Fitness center

Apartments Under $1,300

  • New units available 12 units available
    1 bd $1,200
    2 bd $1,275+
    3 bd $1,450
    Base rent
    Verified Listing

    3.5 (11)
    700 S 4Th St, Waco, TX 76706
    Apply online • Pet friendly • Fitness center
  • Ask for pricing
    Verified Listing

    3335 Garden Drive, Waco, TX 76706
    Pet friendly • Pool • Dishwasher
3-2-city

Frequently asked questions

What is the price of a cheap apartment in Waco, TX?

The price range of a cheap apartment is between $1,156 and $1,400.

How many cheap rentals are available in Waco, TX on RentCafe?

There are 16 cheap rentals available on RentCafe. Prices and availability in Waco, TX were last updated on 25 Jun 2026.

What is the average size of a cheap apartment in Waco, TX?

The average Waco, TX cheap apartment size is 860 sq. ft.

What are the advantages of renting a cheap apartment in Waco, TX?

Cheap apartments in Waco, TX are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Waco, TX?

A cheap apartment in Waco, TX offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Waco, TX? With RentCafe, finding an affordable apartment in Waco, TX has never been easier. We feature 40 low-priced rentals directly from property managers, with rents lower than the Waco, TX average. What is a cheap rent in Waco, TX? The average apartment rent in Waco is $1,370 per month so any rental south of $1,096 would be considered cheap here. On RentCafe, Waco, TX rents go as low as $455/mo.