Apartments for Rent in Waco, TX

Prices and availability in Waco, TX were last updated on 21 May 2026.

The best apartments in Waco, TX are: Abbey Glenn Apartments, Bend at New Road, Tuscany Ranch Apartments, The Edmond and Garden Place.

The average rent in Waco, TX is $1,323.

The price range for a studio apartment in Waco, TX is between $995 and $1,333.

The price range for a 1-bedroom apartment in Waco, TX is between $500 and $2,074.

The price range for a 2-bedroom apartment in Waco, TX is between $500 and $2,179.

The price range for a 3-bedroom apartment in Waco, TX is between $1,390 and $2,703.

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 average age of rental buildings in Waco is 35 years old, with 36% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 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 39% 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.