By Katleyn Sharp, Property Manager
As Waco continues to grow, so does the need for affordable, quality rental housing. NeighborWorks Waco, a nonprofit organization with a longstanding commitment to strengthening neighborhoods, is helping meet that need by offering rental homes designed for families and individuals seeking stability, affordability, and community.
Founded with the mission of building stronger neighborhoods through homeownership, quality rental housing, and community-building initiatives, NeighborWorks Waco also operates a robust rental program. The organization owns and manages a range of rental properties throughout McLennan County, including single-family homes and duplexes. Each unit is maintained with the goal of offering safe, clean, and accessible housing.
We understand that not everyone is ready to buy a home; our rental program provides an affordable and dignified option for those looking to live in quality housing while preparing for future homeownership or simply needing a reliable place to call home. What sets NeighborWorks Waco apart is its commitment to helping tenants move forward financially. One unique feature of the rental program is that tenants who purchase a home, whether through NeighborWorks Waco or elsewhere, can be released from their lease without penalty. This policy is designed to eliminate a common barrier renters face when they’re ready to take the leap into homeownership.
Unlike many traditional rental agencies, NeighborWorks Waco is a mission-driven organization. Rental rates are designed to be affordable, often below market value, and the organization emphasizes long-term tenant success. We also offer financial coaching, credit counseling, and homebuyer education to residents interested in eventually purchasing a home.
Homes are available in various neighborhoods across McLennan County, with locations near schools, parks, and public transportation.
In a market where rising rents are a growing concern, NeighborWorks Waco continues to be a reliable option for people looking for more than just a place to live, but a pathway to a stronger future.
To learn more about available rentals or to apply, visit our Rental Program page or call 254-730-7176.
