Cheap Apartments for Rent in the Kendrick Neighborhood of Waco, TX from $500 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Kendrick area of Waco.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Cove on 21st
$918 - $1,273
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$918 - $1,273
Total Monthly Price
$918 - $1,273
1 to 3 Bedroom Apartments Available Now

The Cove on 21st

2425 S 21st StWaco, TX 76706
Corporate Housing
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roots at Waco
Rent Specials
$1,240 - $1,857
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Total Monthly Price

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$1,240 - $1,857
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1 to 3 Bedroom Apartments Available Now

Roots at Waco

3001 S New RdWaco, TX 76706
Corporate Housing
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Bend at New Road
$1,269 - $1,829
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Total Monthly Price

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$1,269 - $1,829
Total Monthly Price
$1,269 - $1,829
1 to 2 Bedroom Apartments Contact Us For Availability

Bend at New Road

3000 S New RdWaco, TX 76706
Eco-Friendly
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The Retreat at CTM
Rent Specials
$1,308 - $2,490
Total Monthly Price

Total Monthly Price

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$1,308 - $2,490
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

The Retreat at CTM

2500 Marketplace DrWaco, TX 76711
Furnished
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Showing Results 1-31, Page 1 of 1

Kendrick, Waco, TX Local Guide

Cheapest Available Kendrick Apartments for Rent

 

The cheapest available apartment rental in the Kendrick area of Waco, TX is a 1 Bed unit found at The Edmond Apartments priced from $855. Sunrise Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $858. Here are the most affordable Kendrick apartments for rent in Waco, TX:

Apartment ListingModel NameBed/BathPriced From
The Edmond Apartments1X11BR,1BA$855
Sunrise PointeA11BR,1BA$858
Avila1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$895
Brookview Hills1 Bedroom, 1 Bathroom1BR,1BA$909
Westwood Villa Apartments1BR/1BA1BR,1BA$915
The Cove on 21stA11BR,1BA$918
Azur1 Bed, 1 Bath (60% Income Restricted)1BR,1BA$1,015
Waco ApartmentsWAITLIST ONLY- 3 bedroom Tranquil Garden Style-...3BR,1BA$1,050
Virtu on Bagby AveA11BR,1BA$1,175

Best Value Apartments for Rent in Kendrick, TX

As of July 05, 2026 the best value apartment in the Kendrick area is the $1.04 price per square foot 2 Bed, 2 Bath Model at Lake Air Green Apartments in the in the Parkdale neighborhood starting from $1,200. The second greatest value Kendrick apartment is the 2 Bed Townhome Model at Park Place Apartments starting at $1,300 with a $1.13 price per square foot in the Parkdale neighborhood. Here is today’s list of the best values for Kendrick apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lake Air Green Apartments2 Bed, 2 Bath2BR,2BA$1.04
Park Place Apartments2 Bed Townhome2BR,2.5BA$1.13
MeadowParkTownhome2BR,2.5BA$1.14
Brookside Apartments2 Bedroom Townhome2BR,1.5BA$1.17
Waco ApartmentsWAITLIST ONLY- 3 bedroom Tranquil Garden Style-...3BR,1BA$1.11
Sandstone2 Bed, 1 Bath A (80% Income Restricted)2BR,1BA$1.41
Sunrise PointeB12BR,1BA$1.42
Westwood Villa Apartments1BR/1BA1BR,1BA$1.24
Brookview Hills1 Bedroom, 1 Bathroom1BR,1BA$1.25
The Cove on 21stA11BR,1BA$1.55

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Top Neighborhoods to Rent Near Major Colleges and Universities in Waco

A Local Experts Guide to The Neighborhoods for Student Housing near Colleges and Universities in Waco. Find your perfect Waco apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Kendrick, Waco, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Kendrick, Waco, and the greater Waco area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Kendrick Apartments

What is the price of a cheap apartment in Kendrick?

The cheapest apartment in Kendrick is The Edmond Apartments which is listed at $855, while the average apartment in Kendrick costs $1,593.

What types of apartments are the cheapest in Kendrick?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Kendrick that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Kendrick?

Cheap apartments in Kendrick have an average cost of $226 which is $1,367 cheaper than the average rent for all rentals in Kendrick.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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A Texas Local Experts Guide to 10 Top Affordable Neighborhoods for Renting in Waco, TX

Written by: Rhonda R Fletcher

Hi, I'm Rhonda, your ApartmentHomeLiving.com Local Expert for Waco, Texas. I've lived in Central Texas for over 25 years and have seen a lot of change and growth in the Waco area.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.