Apartments for Rent in Oakwood, Waco, TX

Oakwood, Waco apartment availability

Oakwood's rental market offers a good selection of listings, with an average of about 19 rentals available each month. The neighborhood's inventory is relatively diverse, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments. Notably, many of these apartments come with desirable amenities, including air conditioning, in-unit laundry, and outdoor spaces. Specifically, about 41% of Oakwood apartments feature air conditioning, while around 50% offer in-unit laundry and 44% provide outdoor spaces. This blend of amenities and apartment types makes Oakwood a viable option for renters with varying needs and priorities.

Oakwood, Waco rental market trends

The Oakwood neighborhood in Waco has experienced a significant shift in rent prices, with a year-over-year decrease of 100% in 2024. The average monthly rent for all bed types and properties is now $1,876. Broken down by bed count, 1-bedrooms average $917 per month, 2-bedrooms average $1,073, and 3-bedrooms average $1,875. Notably, there is no data available for studio rentals in 2023, making it difficult to track changes in this segment.

Rent prices in Oakwood tend to fluctuate throughout the year, with July typically seeing the highest rents and April the lowest. The rent increase from April to July is a substantial 25.4%. This suggests that summer is the peak season for rentals in Oakwood, with prices increasing significantly during this time. If you're looking for a new apartment, April may be a good time to find a deal, while July is likely to be the most competitive month. Keep in mind that the rental market in Oakwood appears to be undergoing significant changes, so it's essential to stay informed about local trends and prices.

Why Oakwood, Waco is a great place to live

We've analyzed the data on available homes and amenities in Oakwood, Waco, to identify the top lifestyle trends in the area. It's clear that Oakwood is an ideal neighborhood for pet owners and those who value an active social life.

With many homes offering pet-friendly features like pet waste stations, dedicated pet spaces, and pet-safe windows, Oakwood makes it easy to care for your furry friends. The abundance of outdoor spaces and lack of breed restrictions only add to the neighborhood's pet-friendly appeal. Additionally, regular pet events and lenient pet policies make Oakwood a haven for pet lovers.

The neighborhood also excels in terms of social life, thanks to its excellent transit score, well-developed street infrastructure, and high safety ratings. With a sizable neighborhood population and frequent transit options, Oakwood offers ample opportunities to connect with others and explore the surrounding area on foot, making it perfect for those who crave a vibrant social scene.