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Apartments Under $500 in Waco, TX

1 - 4 of 4 Results
16
$285
2405 Jj Flewellen Rd
Waco, TX
2 BR | Ask for Availability
Contact
1
$499
The Addison
2215 S 2nd St Waco, TX
4 - 6 BR | Available Now
Contact
0
$500
The Dub
1500 1504 1506 James Ave Waco, TX
4 BR | Available Now
Contact
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 - 4 of 4 Results
  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 4 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 197 one-bedroom apartments under $500 available for rent in Waco.

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

Rentable.co has 230 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: July Rental Information

Welcome to the July 2026 Waco Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 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 $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
6
In July 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 13 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 July M/M % Change
Waco, TX 6 +0.81%
Crawford, TX 1 +1.0%
Robinson, TX 1 +1.0%
Lorena, TX 1 +1.17%
Hewitt, TX 0 +1.0%

Looking for Apartments Under $500 in Waco?

Available apartments under $500 511
Top amenities Air Conditioning, Pool, High Speed Internet, Clubhouse, Pet Park
Deals 2
Pet friendly 19
Studio 18
1 Bedroom 10
2 Bedroom 9
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