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Apartments Under $500 in Waco, TX

1 - 1 of 1 Result
30
$ 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 - 1 of 1 Results

All Apartments in Waco, TX

30 Results
36
$1,875
Waco - Woodway
5903 Woodway Dr Waco, TX
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
0
$1,247
$500 Off 1st Full Month!* All Utilities Included!* Cozy 2-bedroom Loft* Pet Friendly* Great Location*
107 A New Dallas Hwy Waco, TX
2 BR | Available Now
Contact
0
$1,247
$500 Off 1st Full Month!* All Utilities Included!* Cozy 2-bedroom Loft* Pet Friendly* Great Location*
109 A New Dallas Hwy Waco, TX
2 BR | Available Now
Contact
0
$1,450
Windsor Ave
1808-10 Windsor Ave Waco, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
0
$1,322
$500 Off 1st Full Month!* All Utilities Included!* Cozy 2-bedroom Loft* Pet Friendly* Great Location*
119 New Dallas Hwy Waco, TX
2 BR | Available Now
Contact
1
$982 - 1,247
Lacy Lofts Apartments
106 N Lacy Dr Waco, TX
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
0
$982
$500 Off 1st Full Month!* All Utilities Included!* Cozy Studio* Pet Friendly* Great Location*
137 New Dallas Hwy Waco, TX
Studio | Available Now
Contact
0
$1,395
3104-3119 Cross Cir
Waco, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Landon Branch
30
$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
37
$1,198 - 1,886
Canyon Springs
2301 Woodgate Dr Waco, TX
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
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
26
$1,174 - 2,487
LUXE AT 1300
Deal
1300 Placid Cir Waco, TX
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
12
$815 - 850
Village Square
4.2
3500 Meyers Lane Waco, TX
1 BR | Available Now
Contact
Air Conditioning
Pool
26
$1,193 - 2,177
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
56
$886 - 1,650
Heritage Square
1700 Breezy Dr Waco, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
5
$1,500 - 1,900
Spacious 4/2 With Outdoor Charm!
1231 Wood Ave Waco, TX
3 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
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
29
$685 - 1,500
PER
ROOM
Domain at Waco
2825 S University Parks Dr Waco, TX
1 - 4 BR | Aug. 19, 2026
Contact
Furnished
Dog Friendly
Cat Friendly
Student
13
$2,200
2511 Pascal Ct
Waco, TX
3 BR | Aug. 3, 2026
Contact
Storage
Pool
1
$1,025
Casa Blanca Condo!
1421 S 12Th St Waco, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
5
$2,400
Spacious 4/2 Walking Distance To Baylor Campus & Minutes From Downtown!
1231 Wood Ave - 1231 Wood Ave Waco, TX
4 BR | Aug. 3, 2026
Contact
Dog Friendly
Cat Friendly
14
$1,575
860 N Lacy Dr
860 N Lacy Dr Unit 1 Waco, TX
3 BR | Available Now
Contact
15
$2,200
1603 Sam Houston St
Waco, TX
3 BR | Jan. 1, 2026
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
12
$1,820
3432 Forrester Ln Unit Obrien
Waco, TX
2 BR | Dec. 26, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
Landon Branch
3
$1,395
Carriage House Flats
1923 Austin Waco, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
3D Tour
$2,600
2016 S 8Th St
Waco, TX
4 BR | Aug. 3, 2026
Contact
14
$950 - 1,500
Ashton Oaks Apartments
5100 Hawthorne Dr Waco, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Pool
Richland Hills
1
$1,550
Available Now! Charming 2-bedroom, 2-bath Landon Branch Townhome With Private Courtyard And Prime Location
3332 Chimney Place Dr Waco, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
Landon Branch
16
$1,050
Luxury Apartments @primrose Waco
1800 Primrose Dr Waco, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
1
$1,025
1421 S 12th St #209
Waco, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
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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 is 1 apartment 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 125 one-bedroom apartments under $500 available for rent in Waco.

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

Rentable.co has 187 two-bedroom apartments under $500 available for rent in Waco.

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

  1. Kendrick
  2. Brazos

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

Welcome to the December 2025 Waco Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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 <$700 $720 $760 $800 $840 $880 $920 $960 $1,000 $1,040 $1,080 $1,120 $1,160 $1,200 $1,240 $1,280

Available Apartments Under $500: Waco vs. Surrounding Areas

Waco, TX
7
In December 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 5 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 December M/M % Change
Waco, TX 8 +1.0%
Lorena, TX 1 +1.2%

Looking for Apartments Under $500 in Waco?

Available apartments under $500 398
Top amenities Dishwasher, Pool, High Speed Internet, Clubhouse, Pet Park
Pet friendly 30
Studio 17
1 Bedroom 8
2 Bedroom 7
Square footage 1 - 1,351
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