3

Studio Condos for Rent in Waco, TX

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  • /35

    $1,697 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Waco - Woodway

    5903 Woodway Dr, Waco, TX 76712

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Waco - Woodway

    5903 Woodway Dr, Waco, TX 76712
  • /37

    $1,600

    Total Monthly Price

    • Studio
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    5409 Edinburgh Dr Unit 1, Waco, TX 76710

    Furnished apartment with everything you need - full kitchen, laundry, closet, queen bed, dining table, free parking. Incredible neighborhood. Quiet and walk-able. Utilities, wifi, furnishings, EVERYTHING is provided for one flat price! You can move in with just a suitcase and be completely comfortable.

    5409 Edinburgh Dr Unit 1, Waco, TX 76710
  • /13

    $1,100 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    411 Baker Ln Unit 411 Baker Lane - #B, Waco, TX 76708

    Enjoy peaceful, private living just a short walk from Cameron Park in this furnished studio. Located on a private, gated property alongside two additional apartments and main house, this updated unit offers a quiet retreat with flexible lease terms of 3 to 12 months — ideal for anyone relocating, or working a travel assignment. Unit Features:- Furnished, updated, and very private-

    411 Baker Ln Unit 411 Baker Lane - #B, Waco, TX 76708

Frequently Asked Questions

How much does it cost to rent a condo in Waco, TX?
The median rent for a condo in Waco, TX is $1,300 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Waco, TX?
To comfortably afford the median rent in Waco, TX, a household needs to earn roughly $57,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,425 per month in Waco, TX, renters typically need to show $4,275 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Waco, TX?
In Waco, TX, the price-to-rent ratio is 15.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,300
Median 1 Bedroom Condo Rent
$1,050
Median 2 Bedroom Condo Rent
$1,295
Median 3 Bedroom Condo Rent
$1,600
How to Rent a Home