
Cheap Apartments for Rent in the Parkdale Neighborhood of Waco, TX from $500 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkdale area of Waco.


The Edmond

Sunrise Pointe

The Colony Apartments
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 | $1,103 | $799 | $1,920 |
| Parkdale 1 Bedroom Apartments | $1,076 | $803 | $1,995 |
| Parkdale 2 Bedroom Apartments | $1,268 | $954 | $1,829 |
| Parkdale 3 Bedroom Apartments | $1,430 | $1,145 | $1,675 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Parkdale Neighborhood of Waco, TX.
See all Apartments in WacoExplore Waco
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 Studio unit found at The Edmond priced from $799. Avila has the second lowest priced unit, which is a 1 Bed apartment currently listed from $853. Here are the most affordable Parkdale apartments for rent in Waco, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Edmond | The Armstrong | Studio,1BA | $799 |
| Avila | 1 Bed, 1 Bath | 1BR,1BA | $853 |
| Madeira Apartments | Matador | 1BR,1BA | $945 |
Best Value Apartments for Rent in Parkdale, TX
As of November 16, 2025 the best value apartment in the Parkdale area is the $1.00 price per square foot 2 Bed Townhome Model at Park Place Apartments in the in the Parkdale neighborhood starting from $1,300. The second greatest value Parkdale apartment is the 2 Bed Townhome Model at Woodway Park Condominiums starting at $1,200 with a $1.00 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. |
|---|---|---|---|
| Park Place Apartments | 2 Bed Townhome | 2BR,2.5BA | $1.00 |
| Woodway Park Condominiums | 2 Bed Townhome | 2BR,1.5BA | $1.00 |
| The Colony Apartments | Unit E | 2BR,2BA | $1.31 |
| Brookview Hills | 2 Bedroom, 1 Bathroom Townhome | 2BR,1BA | $1.21 |
| Lake Air Green Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
| Woodhollow Apartments | A2-D 1X1 | 1BR,1BA | $1.67 |
| Three 44 Apartments | A1 | 1BR,1BA | $1.52 |
| Azur | 1 Bed, 1 Bath (60% Income Restricted) | 1BR,1BA | $1.59 |
| Avila | 1 Bed, 1 Bath | 1BR,1BA | $1.42 |
| The Edmond | The Armstrong | Studio ,1BA | $1.52 |
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Pet Friendly LifestyleParkdale, Waco, TX
Ranked #5
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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 the price of a cheap apartment in Parkdale?
The cheapest apartment in Parkdale is Avila which is listed at $853, while the average apartment in Parkdale costs $1,444.
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 5 regular apartments in Parkdale that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.



