Eastgate Apartments- STUDENT LIVING
1912 S 5th St,
Waco, TX 76706
$509 - $999 Total Monthly Price
1-2 Beds | 12 Month Lease
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 April 2026, the average apartment rent in Downtown Waco is $1,057 for a studio, $1,157 for one bedroom, $1,586 for two bedrooms, and $1,324 for three bedrooms. Apartment rent in Downtown Waco has decreased by -0.9% in the past year.
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Studio
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232 sq ft
Average Sq Ft
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$1,057/month
Average Rent
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1 BR
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654 sq ft
Average Sq Ft
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$1,157/month
Average Rent
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2 BR
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1,083 sq ft
Average Sq Ft
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$1,586/month
Average Rent
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3 BR
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1,062 sq ft
Average Sq Ft
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$1,324/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Downtown Waco - Waco, TX is for everyday living.
Moderately Walkable
Walkability
60
/ 100
Exceptionally Drivable
Drivability
90
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Daily Essentials
Downtown Waco - Waco, TX offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 5 Minute Walk
Groceries
90
/ 100
Good Restaurant Variety Nearby
Restaurants
70
/ 100
Good Café Variety Nearby
Cafes
60
/ 100
Good Variety of Shops Nearby
Shopping
60
/ 100
Local Vibe
Get a sense of what it’s like to live in Downtown Waco - Waco, TX from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
30
/ 100
Fair Nightlife Variety Nearby
Nightlife
40
/ 100
Not Noisy
Quiet Score
100
/ 100
Scores provided by
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
Top Apartments in Downtown Waco
Houses for Rent in Downtown Waco
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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 February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.