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Cedar Ridge apartments for rent - Waco, TX

Beds

24 Properties

Average Rent in Waco, TX

Avg. RentAnnual Change
Waco Studio - $2,199+16%
Waco 1 Bed - $1,2050%
Waco 2 Beds - $1,474-3%
Last updated 6/12/2024

Local Guide

See what Waco, TX has to offer.

Local Reviews

Friendly people and we have close restaurants near the neighborhood I like go the mall with my friends

My neighborhood is close to the water we have a park where we can launch a boat or just sit and enjoy looking at the river, it's a safe neighborhood that you cannot access from any Main Street Close to the water

We are able to walk or bike safely . We are new to the neighborhood and most people wave daily when we sit with coffee on porch. Most kids are comfortable visiting my birdhouse. A few adults have introduced themselves.

I enjoy spending time with family and friends, traveling to the countryside, the beach especially on weekends and even more so attending sporting events and concerts

I like going to the store, restaurants, and mall. I like walking in the park. I like sitting outside.

Demographics

Education

High School

41%

Associate's

37%

Bachelor's

15%

Master's

5%

Doctorate

2%

Family Size

2 people

45%

3 people

28%

4 people

12%

5 people

9%

6+ people

6%

Household Income

0-50k

56%

50-100k

30%

100-150k

10%

150-200k

2%

200k+

2%

Age

0-10

11%

10-20

11%

20-45

32%

45-65

22%

65+

24%

Affordability

Percentage: 4/54/5

Renters gave this area a 4 out of 5 for affordability

Last updated 6/12/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Cedar Ridge, Waco, TX

In Waco, TX, as of 2024, the average rent for apartments ranges from $1,205 to $2,199. Specifically, the average rent for a studio apartment in Cedar Ridge, Waco, TX is $2,199. For those seeking a 1-bedroom apartments, the average rent is $1,205. And for a 2-bedroom apartment, renters can expect to pay an average of $1,474.

Annual Rent Change Over the Past 12 Months

Studio

+16%

Changed from $1,896 to $2,199
1 Bed

0%

Changed from $1,205 to $1,205
2 Beds

-3%

Changed from $1,520 to $1,474
Last updated 6/12/2024

Cost of Living

Compared to State Average

2%

Compared to National Average

6.7%

The cost of living in Cedar Ridge, Waco, TX is 2% lower than the state average and 6.7% lower than the national average. Cedar Ridge, Waco, TX housing is 18.8% less expensive than the U.S average, while utilities are about 7.8% more pricey. When it comes to basic necessities such as food and clothing, groceries are around 6.8% less in Cedar Ridge, Waco, TX than in the rest of the country.

Healthcare services such as doctor check-ups and dentistry cost 7.8% less here compared to the U.S. average.
Cost of Living in Cedar Ridge, Waco, TXCompared to State AverageCompared to National Average
Housing
5.9%
18.8%
Utilities
7.7%
7.8%
Food
4.4%
6.8%
Transportation
1.2%
7.7%
Healthcare
6.5%
7.8%

Compare Other Cities

City1 Bed Avg RentAnnual Change
Hewitt$1,379-7%
Belton$1,2850%
Waco$1,2050%
Temple$1,142-5%
Woodway$1,025+4%
City2 Beds Avg RentAnnual Change
Hewitt$1,519-4%
Belton$1,4850%
Waco$1,474-3%
Temple$1,301+1%
Groesbeck$1,300--
Woodway$1,225+2%
Hillsboro$9250%
Gatesville$900--
Harker Heights$805+1%
Killeen$775+3%

Compare Neighborhoods

Oakwood

$700

1 Bed Avg. Rent

Austin Avenue

$890

1 Bed Avg. Rent

Parkdale Viking Hills

$895

1 Bed Avg. Rent

What are the most affordable neighborhoods in Waco, TX?

For renters in Waco seeking more affordable options, the neighborhoods to watch are Oakwood, Austin Avenue, and Parkdale Viking Hills, where average rents for 1-bedroom apartments stand at $700, $890, and $895 respectively. Additional areas offering value are Baylor and East Riverside, where the rents are $1,049 and $1,160, a favorable comparison to Waco's overall 1-bedroom average of $1,205.

What are the most expensive neighborhoods in Waco, TX?

In Waco, the neighborhoods commanding the highest rents are Kendrick, Alta Vista, and West Waco. A 1-bedroom apartment in Kendrick averages at $1,479, in Alta Vista it averages $1,349, and in West Waco, the average is $1,329. For additional high-end living options, Brazos offers 1-bedroom apartments at $1,167, and East Riverside at $1,160. These rates compare to the overall average rent of $1,205 for a 1-bedroom apartment in Waco, highlighting the premium nature of these specific neighborhoods.

What are the most popular neighborhoods in Waco, TX?

In Waco, the most sought-after neighborhoods for renters include Kendrick, Brazos, and Austin Avenue. In Kendrick, the average rent for a 1-bedroom apartment is $1,479. Brazos sees average rents of $1,167 for a 1-bedroom unit. Austin Avenue offers similar appeal with 1-bedroom apartments averaging $890. For those seeking other popular areas, Baylor presents 1-bedroom apartments at $1,049, and East Riverside at $1,160. These prices are set against the backdrop of the city-wide average of $1,205 for a 1-bedroom apartment in Waco, underscoring the popularity of these particular neighborhoods.

Neighborhood1 Bed Avg RentAnnual Change
Kendrick$1,479+1%
Alta Vista$1,349-1%
West Waco$1,329+11%
Brazos$1,167+3%
East Riverside$1,160--
Baylor$1,049-5%
Parkdale Viking Hills$895+19%
Austin Avenue$890--
Oakwood$700--
Neighborhood2 Beds Avg RentAnnual Change
Kendrick$1,629+1%
Brazos$1,613-7%
Alta Vista$1,529-3%
West Waco$1,434-5%
East Riverside$1,135--
Parkdale Viking Hills$995+8%
Austin Avenue$995--
Baylor$600-25%

Transportation

Commute Time

0-15 Mins

37%

15-30 Mins

56%

30-40 Mins

4%

40-60 Mins

2%

60+ Mins

2%

Transportation Scores

Percentage: 2929

Walk Score®

Has Sidewalks

Yes

Say 1 of 2 renters

Percentage: 2222

Bike Score®

Bike Friendly

Yes

Say 1 of 2 renters

Area Amenities

Top Score

Theaters

4/5 stars based on undefined reviews

If the world is a stage, then Cedar Ridge Waco is a real player.

  1. Few theaters per resident
  2. An average number of theaters
  3. A standard number of theaters compared to areas of a similar size

Fine Arts

4/5 stars based on undefined reviews

Cedar Ridge Waco is a masterpiece for fine art lovers.

  1. A high number of fine art centers per resident
  2. 83% more fine art centers than average
  3. 60% more fine art centers than areas of a similar size

Amusement Parks

4/5 stars based on undefined reviews

Ride on! Cedar Ridge Waco has a dizzying number of amusement parks.

  1. Few amusement parks per resident
  2. An average number of amusement parks
  3. A standard number of amusement parks compared to areas of a similar size

Coffee

3.5/5 stars based on undefined reviews

Oh la latte, not a bad spot for getting a cup of joe.

  1. Few coffee shops per resident
  2. An average number of coffee shops
  3. A standard number of coffee shops compared to areas of a similar size

Childcare

3.5/5 stars based on undefined reviews

No need for a tantrum - childcare options abound in Cedar Ridge Waco.

  1. Few daycares per resident
  2. An average number of daycares
  3. A standard number of daycares compared to areas of a similar size

Parks

3/5 stars based on undefined reviews

Cedar Ridge Waco is shrubby, not shabby.

  1. Few parks per resident
  2. An average number of parks
  3. A standard number of parks compared to areas of a similar size

Gas Stations

3/5 stars based on undefined reviews

Bumper sticker city. This place is good for filling up.

  1. A high number of gas stations per resident
  2. 80% more gas stations than average
  3. 82% more gas stations than areas of a similar size

Grocery Stores

2.5/5 stars based on undefined reviews

Not bad on the supermarket score. Cedar Ridge Waco gets an average rating.

  1. A high number of grocery stores per resident
  2. 83% more grocery stores than average
  3. 93% more grocery stores than areas of a similar size

Restaurants

2.5/5 stars based on undefined reviews

An average foodie scene: not too cold and not too hot.

  1. Few restaurants per resident
  2. Significantly fewer restaurants than average
  3. Far fewer restaurants than areas of a similar size

Nightlife

2.5/5 stars based on undefined reviews

Nightlife is on the rocks in Cedar Ridge Waco.

  1. Few bars and clubs per resident
  2. An average number of bars and clubs
  3. A standard number of bars and clubs compared to areas of a similar size

Retail Shops

2/5 stars based on undefined reviews

The retail inventory is low in Cedar Ridge Waco.

  1. Few shops per resident
  2. An average number of shops
  3. A standard number of shops compared to areas of a similar size

Pet Services

2/5 stars based on undefined reviews

Cedar Ridge Waco could do with more oppawtunities for pets.

  1. Few pet facilities per resident
  2. An average number of pet facilities
  3. A standard number of pet facilities compared to areas of a similar size

Hospitals

2/5 stars based on undefined reviews

Be patient when looking for a hospital around here.

  1. Few hospitals per resident
  2. An average number of hospitals
  3. A standard number of hospitals compared to areas of a similar size

Medical Care

2/5 stars based on undefined reviews

We have a bone to pick with this Cedar Ridge Waco's access to medical care.

  1. A high number of medical facilities per resident
  2. 37% more medical facilities than average
  3. 67% more medical facilities than areas of a similar size

Schools

Percentage: 3/53/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Cedar Ridge Waco

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Apartments in Nearby Cities

City1 Bed Price2 Beds Price
Waco, TX 3.4 miles$1,205$1,474
Hewitt, TX 8.7 miles$1,379$1,519
Woodway, TX 7.9 miles$1,025$1,225
Hillsboro, TX 29.4 miles---$925
West, TX 15.8 miles------
Bellmead, TX 4.4 miles------
Robinson, TX 9.2 miles------
Lacy Lakeview, TX 5.5 miles------
McGregor, TX 16.6 miles------
China Spring, TX 8.6 miles------

Find Apartments in Nearby Neighborhoods

Neighborhood1 Bed Price2 Beds Price
Pecan Ridge 0.4 miles------
North Waco 1.5 miles------

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