Apartments for Rent in Baylor, Waco, TX

Baylor, Waco apartment availability

Baylor's rental market offers a good selection of listings, with an average of 48 rentals available each month. The majority of rentals are 2-bedroom apartments, followed by 1-bedroom and 3-bedroom options. Many of these apartments offer desirable amenities, including in-unit laundry, which is available in nearly half of the rentals. Additionally, about 38% of Baylor apartments allow small pets, making this neighborhood a great option for pet owners. With a range of amenities and a variety of apartment sizes, Baylor is a popular choice for renters in Waco.

Baylor, Waco rental market trends

The Baylor, Waco rental market experienced a significant increase of nearly 9% in 2024, with the average monthly rent reaching $1,315. Breaking it down by bed count, 1-bedrooms averaged $828 per month, a slight decrease of 1.9% from the previous year. In contrast, 2-bedrooms saw a modest increase of 1.7% to $1,265, while 3-bedrooms experienced a notable decline of 13.3% to $1,493. Studios, however, witnessed a substantial surge of 128% to $1,650.

In terms of seasonal trends, January typically sees the highest rent prices, with a 22.8% increase compared to July, the month with the lowest rent. This suggests that renters may find better deals during the summer months. If you're looking for a new apartment, July might be a good time to start your search, as prices tend to be lower. Conversely, January is when you can expect to pay a premium for a rental property in Baylor, Waco.

Why Baylor, Waco is a great place to live

We've analyzed data from the last few years to understand what makes Baylor, Waco, an attractive neighborhood for renters. Our findings suggest that Baylor excels in two key areas: pet friendliness and social life.

For pet owners, Baylor offers a haven with features like dedicated pet spaces, pet-safe windows, and easy access to pet hospitals and events. The absence of breed restrictions and pet-friendly policies in many apartments make it an ideal location for pet lovers.

Baylor is also perfect for those who value an active social life. The neighborhood's restaurant scene, excellent transit score, and frequent transit options ensure that residents can easily get around and enjoy the area's amenities. Additionally, Baylor's strong safety record, well-maintained street infrastructure, and high walk score make it a great choice for those who enjoy exploring their community.