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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
Luxury
Section 8
Air Conditioning
5
$499
805 S 8th St Unit 103
Waco, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
Brazos
1 - 2 of 2 Results

All Apartments in Waco, TX

30 Results
36
$1,560
Waco - Woodway
5903 Woodway Dr Waco, TX
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
1
$2,100
3 Bedroom 3 Bath Gated Community In Baylor Bubble
1724 S 15Th St Waco, TX
3 BR | Jun. 30, 2026
Contact
Dog Friendly
Cat Friendly
House
1
$1,499
Beautiful 3/2 Home
1615 Crockett St Waco, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,275 - 1,475
9114 Royal
9114 Royal Ln Waco, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
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
$1,295
1808-10 Windsor Ave
Waco, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
0
$1,495
1127 West Ave
Waco, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
Brook-Oaks
27
$1,130 - 2,877
Flats on Chapel
Deal
9821 Chapel Rd Waco, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Dishwasher
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
12
$815 - 1,150
Village Square
4.2
3500 Meyers Lane Waco, TX
1 - 2 BR | Available Now
Contact
Air Conditioning
Pool
12
$1,530 - 2,280
Woodgate Place
Deal
1800 Woodgate Dr Waco, TX
1 - 3 BR | Mar. 19, 2026
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Fitness Center
Dishwasher
24
$1,127 - 2,335
LUXE AT 1300
Deal
1300 Placid Cir Waco, TX
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Pool
25
$1,245 - 2,004
The Residence at CTM
Deal
5210 Bagby Ave Waco, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Fitness Center
Pool
25
$1,150 - 2,131
Canyon Springs
2301 Woodgate Dr Waco, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
101
$850 - 1,275
Live Comfortably, Live Spaciously, Live Affordably, Live Safely In Waco, Tx
1800 Primrose Dr Waco, TX
1 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
76
$883 - 1,946
Heritage Square
1700 Breezy Dr Waco, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
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
17
$1,530 - 2,275
Chapel Park
Deal
9720 Chapel Rd Waco, TX
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Fitness Center
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
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
5
$850 - 1,200
Economical 1 Bd / 1 Ba At Spring Tree Near Baylor!
1425 S 12th St Waco, TX
1 - 2 BR | Jun. 1, 2026
Contact
13
$2,000
2511 Pascal Ct
Waco, TX
3 BR | Aug. 3, 2026
Contact
Dog Friendly
Cat Friendly
Pool
18
$2,700
1907 South 17Th Street
Waco, TX
4 BR | Aug. 1, 2026
Contact
Dog Friendly
Cat Friendly
Dishwasher
19
$1,200
6520 Costa Dr Unit 3
Waco, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
13
$1,500
1311 Speight Ave Unit 131
Waco, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
14
$1,500
715 Cleveland Ave
Waco, TX
1 BR | Mar. 7, 2026
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
17
$1,475
2804 Stewart Dr
Waco, TX
2 BR | Available Now
Contact
8
$950
Casa West Apartments
3528 W Waco Dr Waco, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Castle Heights
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
13
$1,850
401 Carver Ave
Waco, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
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 17 studio apartments under $500 available for rent in Waco.

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

Rentable.co has 135 one-bedroom apartments under $500 available for rent in Waco.

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

Rentable.co has 190 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. Brazos
  2. Kendrick

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

Welcome to the March 2026 Waco Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 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 15 30 45 60 <$800 $840 $920 $1,000 $1,080 $1,160 $1,240 $1,320 $1,400 $1,480 $1,560 $1,640 >$1,720

Available Apartments Under $500: Waco vs. Surrounding Areas

Waco, TX
4
In March 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 8 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 March M/M % Change
Waco, TX 5 +1.1%
Lorena, TX 1 +1.0%

Looking for Apartments Under $500 in Waco?

Available apartments under $500 410
Top amenities Dishwasher, Pool, High Speed Internet, Clubhouse, Pet Park
Pet friendly 33
Studio 17
1 Bedroom 11
2 Bedroom 7
Square footage 1 - 1,270
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