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Apartments Under $500 in Waco, TX

1 - 2 of 2 Results
30
$ Ask - 1,970
Canyon Springs Apartment Homes
2301 Woodgate Drive Waco, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Section 8
Air Conditioning
Balcony/Deck/Patio
1
$499
The Addison
2215 S 2nd St Waco, TX
4 - 6 BR | Available Now
Contact
1 - 2 of 2 Results

All Apartments in Waco, TX

30 Results
$1,650
Waco - Woodway
5903 Woodway Dr Waco, TX
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
6
$1,475 - 1,575
9114 Royal
9114 Royal Ln Waco, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$795
Limited Time Offer: Half Off 1st Month’s Rent At Legacy Ridge!
5.0
2504 Hilltop Dr Waco, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
0
$1,495
Cross Circle Duplexes
3104-3119 Cross Cir Waco, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Landon Branch
0
$950
2011 S. 8th
Waco, TX
1 BR | Available Now
Contact
1
$1,499
Beautiful 3/2 Home
1615 Crockett St Waco, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
8
$865 - 940
Car Mel Apartments 3638 W Waco Dr
2.6
Waco, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Castle Heights
20
$1,480 - 2,377
Woodgate Place
Deal
1800 Woodgate Dr Waco, TX
1 - 3 BR | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
Fitness Center
23
$1,239 - 2,048
LUXE AT 1300
1300 Placid Cir Waco, TX
1 - 2 BR | Available Now
Contact
Air Conditioning
Surface Parking
Fitness Center
Pool
13
$1,900
2511 Pascal Ct
Waco, TX
3 BR | Aug. 3, 2026
Contact
Dog Friendly
Cat Friendly
Storage
Pool
5
$1,500 - 1,800
Spacious 4/2 With Outdoor Charm!
1231 Wood Ave Waco, TX
3 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
27
$1,180 - 2,833
Flats on Chapel
Deal
9821 Chapel Rd Waco, TX
1 - 3 BR | Jun. 12, 2026
Contact
Covered Parking
Fitness Center
Dishwasher
13
Call for Pricing
The Retreat At Ctm
2500 Marketplace Drive Waco, TX
1 - 3 BR | Available Now
Contact
Covered Parking
Fitness Center
Pool
Kendrick
23
$725 - 1,650
PER
ROOM
The Outpost
2415 S University Parks Dr Waco, TX
1 - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Luxury
12
$815 - 1,125
Village Square
4.2
3500 Meyers Lane Waco, TX
1 - 2 BR | Available Now
Contact
Air Conditioning
Pool
17
$1,480 - 2,603
Chapel Park
Deal
9720 Chapel Rd Waco, TX
1 - 3 BR | Available Now
Contact
Luxury
Air Conditioning
Covered Parking
In Unit Laundry
Balcony/Deck/Patio
16
$1,019 - 1,659
Heritage Square Apartments
1700 Breezy Dr. Waco, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
29
$1,175 - 1,930
Virtu On Bagby
Deal
6901 Bagby Ave Waco, TX
1 - 3 BR | Available Now
Contact
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
25
$1,139 - 2,120
The Residence at CTM
5210 Bagby Ave Waco, TX
1 - 3 BR | Available Now
Contact
Luxury
Covered Parking
Balcony/Deck/Patio
Fitness Center
Pool
20
Call for Pricing
Woodhollow Apartments
4502 Lake Shore Dr Waco, TX
Studio | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
15
$1,335 - 1,946
Canyon Springs
2301 Woodgate Dr Waco, TX
1 - 2 BR | Available Now
Contact
Air Conditioning
Covered Parking
Fitness Center
112
$850 - 1,275
Modern Waco Living – Zero Deposit Apartments Near Baylor, 1800 Waco
1800 Primrose Dr Waco, TX
1 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
34
$840 - 1,290
Sunrise Pointe
Deal
901 Wooded Acres Dr Waco, TX
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
90
$887 - 1,325
Heritage Square
1700 Breezy Dr Waco, TX
1 - 2 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
Dishwasher
Pool
Fireplace
28
$685 - 1,500
PER
ROOM
Domain at Waco
Deal
2825 S University Parks Dr Waco, TX
1 - 4 BR | Aug. 19, 2026
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Balcony/Deck/Patio
1
$995
The Depot Apartment Homes *upstairs*
8824 Old Mcgregor Rd Waco, TX
2 BR | Available Now
Contact
House
Air Conditioning
Storage
Pool
1
$725
Daughtery Place 1 Bedroom Upstairs Condominium
2005 S 8Th St Waco, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
12
$1,198 - 1,599
The Centre
600 Bagby Ave Waco, TX
2 - 3 BR | Available Now
Contact
84
$1,275
Move-in Special In Waco, Tx – No Security Deposit At 1800 Primrose Dr!
1800 Primrose Dr Waco, TX
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$2,250
3br/3ba House Near Campus
1710 S 18Th St Waco, TX
3 BR | Aug. 3, 2026
Contact
House
  1. Home
  2. Waco
  3. Apartments Under $500
Frequently Asked Questions

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

There are 2 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 18 studio apartments under $500 available for rent in Waco.

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

Rentable.co has 192 one-bedroom apartments under $500 available for rent in Waco.

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

Rentable.co has 226 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 $20,000.

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

  1. Kendrick
  2. Brazos

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

Welcome to the June 2026 Waco Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2026 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 17 35 52 70 <$800 $820 $860 $900 $940 $980 $1,020 $1,060 $1,100 $1,140 $1,180 $1,220 $1,260 $1,300 $1,340 $1,380 $1,420 $1,460 $1,500 $1,540 $1,580

Available Apartments Under $500: Waco vs. Surrounding Areas

Waco, TX
5
In June 2026, 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 June M/M % Change
Waco, TX 5 +0.97%
Crawford, TX 1 +1.0%
Robinson, TX 1 +1.0%
Lorena, TX 1 +1.0%

Looking for Apartments Under $500 in Waco?

Available apartments under $500 506
Top amenities Air Conditioning, Pool, High Speed Internet, Clubhouse, Pet Park
Pet friendly 19
Studio 18
1 Bedroom 9
2 Bedroom 8
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