Cheap Apartments for Rent in the Parkdale Neighborhood of Waco, TX from $500 (11 Rentals)

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

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Tennyson Arms
1 Bedroom Apartments

Tennyson Arms

5101 Tennyson DrWaco, TX 76710
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Parkdale, Waco, TX Local Guide

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 The Edmond priced from $795. Avila has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here are the most affordable Parkdale apartments for rent in Waco, TX:

Apartment ListingModel NameBed/BathPriced From
The EdmondThe Baylor1BR,1BA$795
Avila1 Bed, 1 Bath (60% Income Restricted)1BR,1BA$845
Legacy Ridge1x11BR,1BA$895
Brookview Hills1 Bedroom, 1 Bathroom1BR,1BA$900
Madeira ApartmentsMatador1BR,1BA$945

Best Value Apartments for Rent in Parkdale, TX

As of June 24, 2025 the best value apartment in the Parkdale area is the $1.31 price per square foot 2 Bed, 2 Bath (80% Income Restricted) Model at Sandstone in the in the Parkdale neighborhood starting from $1,239. The second greatest value Parkdale apartment is the 1x1 Model at Legacy Ridge starting at $895 with a $1.05 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sandstone2 Bed, 2 Bath (80% Income Restricted)2BR,2BA$1.31
Legacy Ridge1x11BR,1BA$1.05
HunterwoodCottage2BR,1BA$1.45
The EdmondThe Baylor1BR,1BA$1.04
Azur2 Bed, 1 Bath2BR,1BA$1.39
Brookview Hills1 Bedroom, 1 Bathroom1BR,1BA$1.23
The Midway1x11BR,1BA$1.50
Three 44 ApartmentsA11BR,1BA$1.58
The Colony ApartmentsUnit B1BR,1BA$1.66
Avila1 Bed, 1 Bath1BR,1BA$1.54

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Pet Friendly Lifestyle
Parkdale, Waco, TX

Ranked #10

Among neighborhoods in Waco, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

How much is rent for a Cheap One Bedroom Parkdale Apartment?

The lowest price for a Cheap One Bedroom Parkdale Apartment is $795 at The Edmond.

What is the lowest price for a Cheap Two Bedroom Parkdale Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Parkdale is starting from $799 at The Edmond.

What is the most affordable Parkdale Three Bedroom Apartment?

The best deal on a cheap Parkdale Three Bedroom Apartment rental is at The Edmond and starts from $1,394.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.