Eastgate Apartments- STUDENT LIVING
1912 S 5th St,
Waco, TX 76706
$499 - $1,090
1-2 Beds
Downtown Waco
Waco, TX
Downtown Waco - Waco, TX
Area Guide
Down by the river, deep in the heart of Texas
Walkable
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University
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Baylor
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Culture
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History
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Museums
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Parks
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Fans of HGTV's "Fixer Upper" are already familiar with Waco, a fast-growing city along the Brazos River in central Texas. But long before Chip and Joanna Gaines began remodeling the city one fixer-upper at a time, Waco was attracting savvy residents looking for a home deep in the heart of Texas. Downtown Waco is where the city began, growing around the iconic Waco Suspension Bridge, completed in 1870. The bridge is located in downtown's Indian Spring Park, with Doris D. Miller Park on the other side of the bridge. Indian Spring Park is the site of Waco's original settlement. Today, in addition to the bridge, the park contains the "Branding the Brazos" Sculpture and a riverwalk.
In addition to Magnolia Market at the Silos, Waco is home to the Dr. Pepper Museum, the Earle-Napier-Kinnard House, Cameron Park Zoo, and Baylor University. The soft drink Dr. Pepper was invented in Waco in 1906, and the museum is a popular tourist destination. A spot popular with locals, the Waco Downtown Farmers Market, is open every Saturday morning year-round.
In addition to the shops and restaurants located downtown, you'll also find the Texas Sports Hall of Fame, the Turner Riverfront Complex, and the historic Waco Hippodrome Theater. The iconic ALICO building is located near the intersection of Austin and 5th Street. Built in 1910, this 22-story office building is the tallest in Waco.
Rent Trends
As of January 2026, the average apartment rent in Downtown Waco is $1,060 for a studio, $1,148 for one bedroom, $1,293 for two bedrooms, and $1,210 for three bedrooms. Apartment rent in Downtown Waco has increased by 2.4% in the past year.
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Studio
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232 sq ft
Average Sq Ft
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$1,060/month
Average Rent
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1 BR
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653 sq ft
Average Sq Ft
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$1,148/month
Average Rent
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2 BR
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982 sq ft
Average Sq Ft
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$1,293/month
Average Rent
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3 BR
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1,058 sq ft
Average Sq Ft
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$1,210/month
Average Rent
Transportation
63
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
53
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Points of Interest
Shopping Centers
Parks and Recreation
- Cameron Park Zoo
- Cameron Park
- Mayborn Museum
- Waco Mammoth Site
- Carleen Bright Arboretum
Commuter Rail
Military Bases
Airports
- Waco Regional
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.