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Cheap Apartments for Rent in Waco, TX - 134 Rentals available

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Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

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

The price range of a cheap apartment is between $540 and $1,350. Find cheap apartments in Waco, TX.

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

There are 124 cheap rentals available on RENTCafé. Prices and availability in Waco, TX were last updated on 21 Jun 2021.

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

The average Waco, TX cheap apartment size is 526 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. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Waco, TX.

Waco, TX Demographics

  • Total Population135,858
  • Female 65,774
    Male 70,084
  • Median Age28.7

Average Rent in Waco, TX

  • Waco, TX Average Rental Price, May 2021 $1,041 /mo

    Waco, TX Apartment Rent Ranges

    • < $5002%
    • $501-$70015%
    • $701-$1,00042%
    • $1,001-$1,50030%
    • $1,501-$2,0004%
    • > $2,0006%

    Waco, TX Rent Trends

    Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 May / 2021
    Waco, TX $958 $952 $952 $969 $972 $977 $987 $1,004 $1,025 $1,019 $1,041
    National $1,314 $1,345 $1,354 $1,358 $1,390 $1,397 $1,400 $1,392 $1,396 $1,407 $1,428

    Waco, TX Households

    • Total Number of Households48,903
    • Family 28,847
      Non-family 20,056
    • Children 15,868
      No Children 33,035
    • Average People Per Household2.61
    • Median Household Income$40,190
    • Median Housing Costs Per Month$871

    Waco, TX Education Statistics

    • No High School6%
    • Some High School39%
    • Some College24%
    • Associate Degree8%
    • Bachelor Degree15%
    • Graduate Degree8%

    Looking for a cheap apartment for rent in Waco, TX? With RENTCafé, finding an affordable apartment in Waco, TX has never been easier. We feature 134 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 $1,041 per month so any rental south of $833 would be considered cheap here. On RENTCafé, Waco, TX rents go as low as $540/mo.

    Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!