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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
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
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
26
$1,199 - 2,177
The Residence at CTM
Deal
5210 Bagby Ave Waco, TX
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Covered Parking
Balcony/Deck/Patio
8
$865 - 965
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
26
$1,174 - 2,468
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
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
13
$2,200
2511 Pascal Ct
Waco, TX
3 BR | Aug. 3, 2026
Contact
Storage
Pool
37
$1,199 - 1,886
Canyon Springs
2301 Woodgate Dr Waco, TX
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
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
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
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
12
$815 - 850
Village Square
4.2
3500 Meyers Lane Waco, TX
1 BR | Available Now
Contact
Air Conditioning
Pool
1
$895
Cute 2 Bedroom!
2322 Breezy St Waco, TX
2 BR | Jan. 15, 2026
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
1
$1,350
Duplex
9223 Regal Dr Waco, TX
3 BR | Available Now
Contact
House
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Storage
10
$2,000
1108 N 9th St Unit B
Waco, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
Brook-Oaks
10
$1,300
3627 Colcord Ave Unit 1
Waco, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Heart of Texas
31
$1,163 - 2,029
Franklin Place
600 Franklin Ave Waco, TX
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Brazos
1
$1,750
Beautifully Remodeled Home In Mountainview Area
2217 N 49Th St Waco, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
1
$1,025
Feel At Home At Lake Shore Villas *upstairs* Leasing Special Available*
4307 Lake Shore Villa Dr Lake Shr Waco, TX
2 BR | Available Now
Contact
House
Storage
Dishwasher
Pool
Landon Branch
1
$995
The Depot Apartment Homes
8824 Old Mcgregor Rd Apt 403 Waco, TX
2 BR | Available Now
Contact
House
Air Conditioning
Balcony/Deck/Patio
Storage
Pool
1
$2,195
Single Family Home *leasing Special Available*
2331 Lake Air Dr Waco, TX
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
1
$995
Casablanca Condo!
1421 S. 12Th St #202 Casa 2 Waco, TX
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
9
$1,350
4717 Meyers Ln
Waco, TX
2 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 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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