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Updated 3 minutes ago

1016 S 16th


Waco, TX

3 Bed
•
1 Bath

986 Sq. Ft.

Available starting May. 30th
Floor plans
3 Beds • 1 Bath
$1,495
986 ft2
1 Available
Managed By: Cromwell Management
-
$1,495
Available May 30th, 2026
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1016 S 16th
1016 S 16th
1016 S 16th
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Property details
Description

Discover 1016 S 16th in central Waco—a comfortable 3-bedroom, 1-bath home featuring an open living/kitchen layout that enhances everyday flow and creates a welcoming space for relaxing or entertaining. The residence offers spacious living areas and a large yard, plus off-street parking for convenience. Located close to downtown, this property provides easy access to local shops, dining, and amenities while remaining within central Waco.

Additional Details
Total Unit Count: 1
Last Updated: Updated 3 minutes ago
Contact Number: (254) 981-6003
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 1016 S 16th by bedroom type below.
3 Bedroom
Suggested income:
$53,800
per year
Rent report

1016 S 16th Rent vs. Waco Average

 1016 S 16th      Waco Average
3BR
$1,495
$1,636
$0
$550
$1,100
$1,650
$2,200

1016 S 16th is asking 9% less than the average 3 bedroom apartment in Waco.

If you upsized to an average priced Waco 4 bedroom apartment, you would pay 15% more per month.

If you downsized to an average priced Waco 2 bedroom apartment, you would pay 8% less per month.

1016 S 16th provides 20% less square footage than the average Waco 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
1016 S 16th
3BR $1,495 $1.50 $4,485
Waco Average
Studio $1,081 $3.10 $3,243
1BR $1,248 $1.70 $3,743
2BR $1,517 $1.50 $4,551
3BR $1,636 $1.30 $4,908
4BR $1,930 $1.20 $5,790

Availability in Waco

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 200 2BR units on the market in Waco. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
4% 26% 35% 21% 13%
Available Units in Waco
Studio 24
1BR 146
2BR 200
3BR 121
4BR 75
Location
Nearby Colleges

Baylor University

Mclennan Community College

Texas State Technical College

Campus Buildings and Attractions
Distance Walking Biking Driving
Baylor Libraries 1.6 mi 34 min 12 min 5 min
Russell Gymnasium 1.7 mi 32 min 12 min 4 min
Student Life Center 2.0 mi 38 min 14 min 4 min
Nearby Hospitals
Name Distance
Doris Miller Department Of Veterans Affairs Medical Center 2.73 mi.
Baylor Scott & White Medical Center Hillcrest 3.84 mi.
Ascension Providence Health Center 4.34 mi.
Nearby Fire Stations
Name Distance
Waco Fire Department 0.99 mi.
Beverly Hills Department Of Public Safety 1.43 mi.
Waco Fire Department 1.46 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on May 30, 2026.
What's the square footage of the available units?
It's 986 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
1016 S 16th has a 3 bedroom unit starting at $1,495.
Where is this property located?
This property is at 1016 S 16th in Waco, TX. It's 0.4 miles east from the center of Waco.
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