Cheap Apartments for Rent in the Richland Hills Neighborhood of Waco, TX from $550 (28 Rentals)

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

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

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Bend at New Road
$1,299 - $1,859
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $1,859
Total Monthly Price
$1,299 - $1,859
1 to 2 Bedroom Apartments Available Sep 12

Bend at New Road

3000 S New RdWaco, TX 76706
Eco-Friendly
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Ambassador Residence
1 Bedroom Apartments

Ambassador Residence

508 N 38th StWaco, TX 76710
Senior Living
  • Utilities Included
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Tennyson Arms
1 Bedroom Apartments

Tennyson Arms

5101 Tennyson DrWaco, TX 76710
  • Utilities Included

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Tribeca
1 to 2 Bedroom Apartments

Tribeca

4801 Sanger AveWaco, TX 76710
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The Midway
1 to 3 Bedroom Apartments

The Midway

416 Owen LnWaco, TX 76710

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-28, Page 1 of 1

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 Rambler Heights priced from $750. The Edmond Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here are the most affordable Richland Hills apartments for rent in Waco, TX:

Apartment ListingModel NameBed/BathPriced From
Rambler Heights1 Bedroom1BR,1BA$750
The Edmond Apartments1X11BR,1BA$855
Car Mel Apartments1-1 Standard1BR,1BA$865
Brookview Hills1 Bedroom, 1 Bathroom1BR,1BA$909
Westwood Villa Apartments1BR/1BA1BR,1BA$915
Avila1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$944
Madeira ApartmentsA1 1x11BR,1BA$945
Sunrise PointeA11BR,1BA$947
TribecaOne Bedroom1BR,1BA$950
Sandstone1 Bed, 1 Bath A1BR,1BA$955

Best Value Apartments for Rent in Richland Hills, TX

As of August 25, 2026 the best value apartment in the Richland Hills 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 Richland Hills 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 Richland Hills 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
The Residence at CTMB1 Stetson2BR,2BA$1.32
Historic Lofts of Waco High1 Bedroom1BR,1BA$1.21
Westwood Villa Apartments1BR/1BA1BR,1BA$1.24
Brookview Hills1 Bedroom, 1 Bathroom1BR,1BA$1.25
Car Mel Apartments1-1 R1BR,1BA$1.32
Sunrise PointeA11BR,1BA$1.33
Rambler Heights1 Bedroom1BR,1BA$1.10
Three 44 ApartmentsA11BR,1BA$1.47

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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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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Pet Friendly Lifestyle
Richland Hills, Waco, TX

Ranked #6

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
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 Rambler Heights which is listed at $750, while the average apartment in Richland Hills costs $1,363.

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 16 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 $239 which is $1,124 cheaper than the average rent for all rentals in Richland Hills.

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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Top Neighborhoods to Rent Near Major Colleges and Universities in Waco

Written by: Rhonda R Fletcher

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.