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Apartments Under $500 in Waco, TX

1 - 6 of 6 Results
25
$490
Historic Lofts of Waco High
815 Columbus Ave Waco, TX
2 BR | Available Now
Contact
Air Conditioning
Fitness Center
Brazos
15
$285
2405 Jj Flewellen Rd
Waco, TX
2 BR | Ask for Availability
Contact
1
$475
Spacious Townhome-style Apartments In The Inner Baylor Bubble!
2010 S 11th St Waco, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Disability Access
0
$475
Colorful Modern 4/4 Townhomes In The Baylor Bubble!
218 Gurley Ln Waco, TX
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$475
The Dub
1500 1504 1506 James Ave Waco, TX
1 BR | Available Now
Contact
$475
1617 S 10th St
Waco, TX
1 BR | Available Now
Contact
1 - 6 of 6 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 6 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 215 one-bedroom apartments under $500 available for rent in Waco.

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

Rentable.co has 264 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 $19,000.

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

  1. Brazos
  2. Kendrick

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

Welcome to the October 2026 Waco Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the October 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 10 20 30 40 <$700 $740 $820 $900 $980 $1,060 $1,140 $1,220 $1,300 $1,380 $1,460 $1,540 $1,620 >$1,700
This month, the typical cost to rent a one-bedroom apartment in Waco stands at $1,110, with the majority falling between $750 and $1,720. Out of the 1,087 one-bedroom apartments currently on the market in Waco, 15 are priced below $500, accounting for 1% of the total available one-bedroom units in Waco.

Available Apartments Under $500: Waco vs. Surrounding Areas

Waco, TX
9

Apartments Under $500 Now vs. Last Month: Waco and Surrounding Areas

City Apartments Under $500 in October M/M % Change
Waco, TX 9 +0.87%
Crawford, TX 1 +1.0%
Robinson, TX 1 +1.0%
Hewitt, TX 1 +0.4%
Lorena, TX 0 +0.8%

Looking for Apartments Under $500 in Waco?

Available apartments under $500 580
Top amenities Air Conditioning, Pool, High Speed Internet, Clubhouse, Pet Park
Pet friendly 22
Studio 18
1 Bedroom 12
2 Bedroom 12
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