
Cheap Apartments for Rent in the Parkdale Neighborhood of Waco, TX from $550 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkdale area of Waco.


The Colony Apartments

The Edmond Apartments

Brookview Hills

Sandstone

Westwood Villa Apartments

Sunrise Pointe
Waco's Best Affordable Neighborhoods
Learn about Waco and the best places to live with original content written by our Texas Local Expert Rhonda R Fletcher

Madeira Apartments

Lake Air Green Apartments

Azur

Park Place Apartments

Valley Terrace Apartments

Lakeland Circle Commons

Lake Air

Legacy Ridge
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Tennyson Arms

Woodhollow Apartments

Tribeca

Three 44 Apartments

Glen Oaks Apartments

The Midway

7316 Sanger Ave

Creole Apartments
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The Residences at Lake Waco '(55+ Community)

Avanti Viking Hills

7308 Sanger Ave

6807 Old Briarstown Dr

6803 Old Briarstown Dr

6709 Alford Dr

Woodway Park Condominiums

Hunterwood
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Parkdale, Waco, TX Local Guide

How much does it cost to rent an apartment in Parkdale?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkdale Studio Apartments | $1,198 | $910 | $1,650 |
| Parkdale 1 Bedroom Apartments | $1,096 | $795 | $1,750 |
| Parkdale 2 Bedroom Apartments | $1,253 | $895 | $2,098 |
| Parkdale 3 Bedroom Apartments | $1,453 | $1,359 | $1,585 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Parkdale Neighborhood of Waco, TX.
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Parkdale, Waco, TX Local Guide
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Cheapest Available Parkdale Apartments for Rent
 The cheapest available apartment rental in the Parkdale area of Waco, TX is a 1 Bed unit found at Rambler Heights priced from $750. The Colony Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Parkdale apartments for rent in Waco, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rambler Heights | 1 Bedroom | 1BR,1BA | $750 |
| The Colony Apartments | Unit A | Studio,1BA | $825 |
| Brookview Hills | 1 Bedroom, 1 Bathroom | 1BR,1BA | $909 |
| Sandstone | 1 Bed, 1 Bath A (80% Income Restricted) | 1BR,1BA | $913 |
| Westwood Villa Apartments | 1BR/1BA | 1BR,1BA | $915 |
| Avila | 1 Bed, 1 Bath (80% Income Restricted) | 1BR,1BA | $919 |
| Sunrise Pointe | A1 | 1BR,1BA | $941 |
| Madeira Apartments | A1 1x1 | 1BR,1BA | $945 |
| Tribeca | One Bedroom | 1BR,1BA | $950 |
| Woodhollow Apartments | A2-P 1x1 | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Parkdale, TX
As of September 08, 2026 the best value apartment in the Parkdale area is the $1.00 price per square foot 2 Bed Townhome Model at Woodway Park Condominiums in the in the Parkdale neighborhood starting from $1,200. The second greatest value Parkdale apartment is the 2 Bed, 2 Bath Model at Lake Air Green Apartments starting at $1,200 with a $1.04 price per square foot in the Parkdale neighborhood. Here is today’s list of the best values for Parkdale apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodway Park Condominiums | 2 Bed Townhome | 2BR,1.5BA | $1.00 |
| Lake Air Green Apartments | 2 Bed, 2 Bath | 2BR,2BA | $1.04 |
| Park Place Apartments | 2 Bed Townhome | 2BR,2.5BA | $1.13 |
| Sunrise Pointe | B2 | 2BR,2BA | $1.46 |
| The Edmond Apartments | 2X1 | 2BR,1BA | $1.21 |
| Three 44 Apartments | B1 | 2BR,1.5BA | $1.34 |
| Westwood Villa Apartments | 1BR/1BA | 1BR,1BA | $1.24 |
| Brookview Hills | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.25 |
| Rambler Heights | 1 Bedroom | 1BR,1BA | $1.10 |
| Avila | 1 Bed, 1 Bath | 1BR,1BA | $1.57 |
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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.
Read ArticleQuick 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.
Pet Friendly LifestyleParkdale, Waco, TX
Ranked #14
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Parkdale, Waco, TX
School data provided by Great Schools
Lifestyle Ratings
Our team of engineers and researchers works hard to bring you Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across Texas, including Waco. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and proximity to parks, pet-friendly features, features that make it easier to raise kids, proximity to transit, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Parkdale Apartments
What is a cheap apartment in Parkdale?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkdale is under $1,000.
What is the price of a cheap apartment in Parkdale?
The cheapest apartment in Parkdale is Rambler Heights which is listed at $750, while the average apartment in Parkdale costs $1,094.
What types of apartments are the cheapest in Parkdale?
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 14 regular apartments in Parkdale 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 Parkdale?
Cheap apartments in Parkdale have an average cost of $525 which is $569 cheaper than the average rent for all rentals in Parkdale.
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

Top Neighborhoods to Rent Near Major Colleges and Universities in Waco
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Hi, I'm Rhonda, your ApartmentHomeLiving.com Local Expert for Waco, Texas. Waco is a fun town (even for Longhorns). There are some great diners and beautiful landmarks.

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