Cheap Apartments for Rent in the Richland Hills Neighborhood of Waco, TX from $500 (15 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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Rambler Heights
Rent Specials
$750 - $950
Total Monthly Price

Total Monthly Price

Base Rent
$750 - $950

Total Monthly Price
$750 - $950
1 to 2 Bedroom Apartments Available Now

Rambler Heights

800 Rambler DrWaco, TX 76710
Affordability
  • Verified
  • Utilities Included
  • Low Income
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The Edmond
$799 - $1,394
Total Monthly Price

Total Monthly Price

Base Rent
$754 - $1,349
Required Monthly Fees
$45

Total Monthly Price
$799 - $1,394
Studio to 3 Bedroom Apartments Available Now

The Edmond

5817 Edmond AveWaco, TX 76710
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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Avila
Rent Specials
$833 - $2,145
Total Monthly Price

Total Monthly Price

Base Rent
$813 - $2,125
Required Monthly Fees
$20

Total Monthly Price
$833 - $2,145
1 to 2 Bedroom Apartments Available Now

Avila

5000 Sanger AveWaco, TX 76710
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Azur
Rent Specials
$865 - $1,531
Total Monthly Price

Total Monthly Price

Base Rent
$811 - $1,477
Required Monthly Fees
$54

Total Monthly Price
$865 - $1,531
1 to 2 Bedroom Apartments Available Now

Azur

415 Owen LnWaco, TX 76710
Corporate Housing
  • Verified
  • Customer Reviewed
  • Low Income

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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

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 Rambler Heights priced from $750. The Edmond has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here are the most affordable Richland Hills apartments for rent in Waco, TX:

Apartment ListingModel NameBed/BathPriced From
Rambler Heights1 Bedroom1BR,1BA$750
The EdmondThe ArmstrongStudio,1BA$799
Sandstone1 Bed, 1 Bath A (80% Income Restricted)1BR,1BA$823
Avila1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$833
Azur2 Bed, 1 Bath (60% Income Restricted)2BR,1BA$887

Best Value Apartments for Rent in Richland Hills, TX

As of February 23, 2026 the best value apartment in the Richland Hills area is the $1.18 price per square foot C1 Wrangler Model at The Residence at CTM in the in the Alta Vista neighborhood starting from $1,508. The second greatest value Richland Hills apartment is the Two Bedroom Model at Park Place 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 Richland Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Residence at CTMC1 Wrangler3BR,2BA$1.18
Park Place ApartmentsTwo Bedroom2BR,2BA$1.04
Lake Air Green Apartments1 Bed, 1 Bath1BR,1BA$1.18
Historic Lofts of Waco High1 Bedroom1BR,1BA$1.16
Bend at New Road1 Bed 1 Bath (Fireplace Optional)1BR,1BA$1.58
The Retreat at CTMMason (A1)1BR,1BA$1.53
Brookview Hills1 Bedroom, 1 Bathroom1BR,1BA$1.29
Rambler Heights1 Bedroom1BR,1BA$1.10
Carriage House672 sq ft 1 bed1BR,1BA$1.56
The EdmondThe ArmstrongStudio ,1BA$1.52

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Pet Friendly Lifestyle
Richland Hills, Waco, TX

Ranked #3

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 $1,551.

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 25 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 $240 which is $1,311 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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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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.