Cheap Apartments for Rent in the Richland Hills Neighborhood of Waco, TX from $500 (10 Rentals)

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

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CarMel
1 Bedroom Apartments

CarMel

3638 W Waco DrWaco, TX 76710
  • Utilities Included
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Ambassador Residence
1 Bedroom Apartments

Ambassador Residence

508 N 38th StWaco, TX 76710
Senior Living
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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.

Richland Hills, Waco, TX Local Guide

Cheapest Available Richland Hills Apartments for Rent

 

The cheapest available apartment rental in the Richland Hills area of Waco, TX is a 1 Bed unit found at The Edmond priced from $795. The Colony Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $885. Here are the most affordable Richland Hills apartments for rent in Waco, TX:

Apartment ListingModel NameBed/BathPriced From
The EdmondThe Baylor1BR,1BA$795
The Colony ApartmentsUnit AStudio,1BA$885
Legacy Ridge1x11BR,1BA$895

Best Value Apartments for Rent in Richland Hills, TX

As of June 10, 2025 the best value apartment in the Richland Hills area is the $1.24 price per square foot C1 Wrangler Model at The Residence at CTM in the in the Alta Vista neighborhood starting from $1,574. The second greatest value Richland Hills apartment is the 1 Bed 1 Bath Model at Tuscany Ranch Apartments starting at $1,359 with a $1.59 price per square foot in the Oakwood neighborhood. Here is today’s list of the best values for Richland Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residence at CTMC1 Wrangler3BR,2BA$1.24
Tuscany Ranch Apartments1 Bed 1 Bath1BR,1BA$1.59
Legacy Ridge1x11BR,1BA$1.05
The EdmondThe Baylor1BR,1BA$1.04
Azur2 Bed, 1 Bath2BR,1BA$1.51
The Midway1x11BR,1BA$1.50
Three 44 ApartmentsA11BR,1BA$1.58
Avila1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$1.62
TribecaOne Bedroom1BR,1BA$1.68
Sandstone1 Bed, 1 Bath1BR,1BA$1.73

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Pet Friendly Lifestyle
Richland Hills, Waco, TX

Ranked #15

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Richland Hills Apartments

What is the price of a cheap apartment in Richland Hills?

The cheapest apartment in Richland Hills is The Edmond which is listed at $795, while the average apartment in Richland Hills costs $1,633.

What types of apartments are the cheapest in Richland Hills?

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 Richland Hills 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 Richland Hills?

Cheap apartments in Richland Hills have an average cost of $532 which is $1,101 cheaper than the average rent for all rentals in Richland Hills.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.