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Apartments Under $500 in Waco, TX

1 - 3 of 3 Results
88
Elevate Waco Apartment for rent in Waco, TX
Elevate Waco Apartment for rent in Waco, TX
$425 - 500
PER
ROOM
Elevate Waco
215 Washington Ave Waco, TX
3 - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
19
1521 Bagby Unit Apartment for rent in Waco, TX
1521 Bagby Unit Apartment for rent in Waco, TX
$475
1521 Bagby Unit
Waco, TX
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
30
Canyon Springs Apartment Homes Apartment for rent in Waco, TX
Canyon Springs Apartment Homes Apartment for rent in Waco, TX
$ Ask - 1,970
Canyon Springs Apartment Homes
2301 Woodgate Drive Waco, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Section 8
Air Conditioning
1 - 3 of 3 Results

All Apartments in Waco, TX

30 Results
12
Village Square Apartment for rent in Waco, TX
Village Square Apartment for rent in Waco, TX
$830
Village Square
4.2
3500 Meyers Lane Waco, TX
1 BR | Available Now
Contact
Air Conditioning
Pool
36
Waco - Woodway Apartment for rent in Waco, TX
Waco - Woodway Apartment for rent in Waco, TX
$1,950
Waco - Woodway
5903 Woodway Dr Waco, TX
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
1
Spacious 1-, 2- And 3-bedroom Duplexes At The Legend Near Baylor! Apartment for rent in Waco, TX
$1,250 - 1,500
Spacious 1-, 2- And 3-bedroom Duplexes At The Legend Near Baylor!
1808-1824 S 12th St Waco, TX
2 - 3 BR | Available Now
Contact
Storage
1
4/4 Duplex In The Baylor Bubble! Apartment for rent in Waco, TX
$2,200
4/4 Duplex In The Baylor Bubble!
1917 S 14th St Waco, TX
4 BR | Available Now
Contact
1
Car Mel Apartments 3638 W Waco Dr Apartment for rent in Waco, TX
$850 - 995
Car Mel Apartments 3638 W Waco Dr
2.6
Waco, TX
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Castle Heights
1
Legacy Ridge Llc: Now Offering 1 Bed, 1 Bath & 2 Bed, 2 Bath Units! Comfort And Convenience In Waco, Tx! Apartment for rent in Waco, TX
$795 - 995
Legacy Ridge Llc: Now Offering 1 Bed, 1 Bath & 2 Bed, 2 Bath Units! Comfort And Convenience In Waco, Tx!
5.0
2504 Hilltop Dr Waco, TX
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
Lacy Portfolio Apartment for rent in Waco, TX
$845 - 1,145
Lacy Portfolio
106 N Lacy Dr Waco, TX
Studio - 2 BR | Available Now
Contact
0
3104-3119 Cross Cir Apartment for rent in Waco, TX
$1,095 - 1,450
3104-3119 Cross Cir
Waco, TX
1 - 2 BR | Available Now
Contact
Dishwasher
Landon Branch
30
3/2 China Spring Isd! Apartment for rent in Waco, TX
3/2 China Spring Isd! Apartment for rent in Waco, TX
$2,000
3/2 China Spring Isd!
11201 Raider Dr Waco, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
700 Wind Sail Ct Apartment for rent in Waco, TX
$2,250
700 Wind Sail Ct
Waco, TX
3 BR | Available Now
Contact
Dishwasher
6
1925 S 12th Apartment for rent in Waco, TX
1925 S 12th Apartment for rent in Waco, TX
$1,375
1925 S 12th
Waco, TX
2 BR | Jun. 2, 2025
Contact
4
Carriage House Flats Apartment for rent in Waco, TX
Carriage House Flats Apartment for rent in Waco, TX
$1,000 - 1,395
Carriage House Flats
1923 Austin Waco, TX
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
13
2511 Pascal Ct Apartment for rent in Waco, TX
2511 Pascal Ct Apartment for rent in Waco, TX
$2,200
2511 Pascal Ct
Waco, TX
3 BR | Aug. 1, 2025
Contact
Storage
Pool
24
2224 S 3rd Apartment for rent in Waco, TX
2224 S 3rd Apartment for rent in Waco, TX
$650
2224 S 3rd
Waco, TX
4 BR | Ask for Availability
Contact
Furnished
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
30
Domain at Waco Apartment for rent in Waco, TX
Domain at Waco Apartment for rent in Waco, TX
$665 - 1,525
PER
ROOM
Domain at Waco
2825 S University Parks Dr Waco, TX
1 - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Luxury
13
$1,875
3821 Lasker Ave
Waco, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
34
$2,100
316 Garden Dr
Waco, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Covered Parking
13
Call for Pricing
The Retreat At Ctm
2500 Marketplace Drive Waco, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Fitness Center
Pool
26
$894 - 1,759
Heritage Square
1700 Breezy Dr Waco, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
26
$1,104 - 2,165
LUXE AT 1300
1300 Placid Cir Waco, TX
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
29
$1,235 - 2,119
The Residence at CTM
Deal
5210 Bagby Ave Waco, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
Balcony/Deck/Patio
16
$995
Creole Apartments
6701 May Dr Waco, TX
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
16
$1,199
Luxury Apartments
1800 Primrose Dr Waco, TX
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,300
Bear Spot
1920 S 16th St Waco, TX
2 BR | Jun. 1, 2025
Contact
Dog Friendly
Cat Friendly
House
1
$1,200 - 1,250
Palm Court
2005 Austin Ave Waco, TX
2 BR | Feb. 28, 2025
Contact
Dog Friendly
Cat Friendly
Downtown Waco
2
$1,550 - 1,950
Colorful Modern 2- & 3-bedroom Townhomes In The Baylor Bubble!
2227 S 3rd St Waco, TX
2 - 3 BR | Jun. 1, 2025
Contact
Dog Friendly
Cat Friendly
House
10
$1,050
3926 Homan Ave Unit 3926
Waco, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Heart of Texas
10
$1,400
2700 Old Robinson Rd
Waco, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
16
$2,395
3008 Cherokee Ln
Waco, TX
4 BR | Mar. 14, 2025
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
11
$1,495
107 S Joyce St
Waco, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
  1. Home
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  3. Apartments Under $500
Frequently Asked Questions

How many apartments under $500 are available in Waco, TX on Rentable.co?

There are 3 apartments under $500 in Waco currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Waco?

Rentable.co has 17 studio apartments under $500 available for rent in Waco.

How many one-bedroom apartments under $500 are available in Waco?

Rentable.co has 126 one-bedroom apartments under $500 available for rent in Waco.

How many two-bedroom apartments under $500 are available in Waco?

Rentable.co has 189 two-bedroom apartments under $500 available for rent in Waco.

Can I afford a apartment under $500 in Waco, TX?

To comfortably afford a apartment under $500 in Waco based on average rent prices, a household would need an annual income of $19,000.

Which neighborhoods have the most apartments under $500 for rent in Waco, TX?

  1. Kendrick
  2. Brazos
  3. Dean Highland

Apartments Under $500 in Waco, TX: February Rental Information

Welcome to the February 2025 Waco Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the February 2025 key findings and figures for the Waco rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Waco and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Waco. Whether you are a student looking for an affordable option near campus or someone on a tight budget, this report aims to help you find the perfect apartment at an affordable price.
0 5 10 15 20 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 $1,600 $1,680

Available Apartments Under $500: Waco vs. Surrounding Areas

Waco, TX
8
In February 2025, Rentable analyzed the availability of apartments in Waco, TX and the surrounding cities. This chart provides an insight into the number of available apartments under $500 in the area. Waco, TX itself has 9 apartments meeting this criteria, making it a great option for budget-conscious renters. Additionally, the chart includes data for neighboring cities such as Woodway, Hewitt, Lacy-Lakeview, Crawford, West, Mc Gregor, Troy, Robinson, Mcgregor, and Lorena, giving renters a broader range of options within the greater Waco metro area.

Apartments Under $500 Now vs. Last Month: Waco and Surrounding Areas

City Apartments Under $500 in February M/M % Change
Waco, TX 8 +1.08%
Lorena, TX 1 +1.22%
Lacy-Lakeview, TX 0 +1.0%

Looking for Apartments Under $500 in Waco?

Available apartments under $500 406
Top amenities Dishwasher, Pool, High Speed Internet, Clubhouse, Pet Park
Pet friendly 35
Furnished 4
Studio 17
1 Bedroom 8
2 Bedroom 8
Square footage 1 - 1,351

Where are Waco Apartments Under $500?

Top Neighborhoods Kendrick, Brazos, Dean highland
Kendrick 1
Brazos 1
Dean Highland 1
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