
Cheap Apartments for Rent in the Richland Hills Neighborhood of Waco, TX from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Richland Hills area of Waco.


Total Monthly Price
The Edmond

Sandstone

Total Monthly Price
Avila

Sunrise Pointe
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Total Monthly Price
Azur

The Colony Apartments

Historic Lofts of Waco High

Brookview Hills

Madeira Apartments
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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.

Tribeca

Lake Air Green Apartments

Valley Terrace Apartments

Ambassador Residence

Tennyson Arms
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Richland Hills, Waco, TX Local Guide

How much does it cost to rent an apartment in Richland Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richland Hills Studio Apartments | $1,034 | $799 | $1,643 |
| Richland Hills 1 Bedroom Apartments | $1,213 | $795 | $3,970 |
| Richland Hills 2 Bedroom Apartments | $1,361 | $887 | $2,145 |
| Richland Hills 3 Bedroom Apartments | $1,969 | $1,145 | $6,496 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the Richland Hills Neighborhood of Waco, TX.
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Richland Hills, Waco, TX Local Guide
- Nearby Waco neighborhoods
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rambler Heights | 1 Bedroom | 1BR,1BA | $750 |
| The Edmond | The Armstrong | Studio,1BA | $799 |
| Sandstone | 1 Bed, 1 Bath A (80% Income Restricted) | 1BR,1BA | $823 |
| Avila | 1 Bed, 1 Bath (80% Income Restricted) | 1BR,1BA | $833 |
| Azur | 2 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Residence at CTM | C1 Wrangler | 3BR,2BA | $1.18 |
| Park Place Apartments | Two Bedroom | 2BR,2BA | $1.04 |
| Lake Air Green Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
| Historic Lofts of Waco High | 1 Bedroom | 1BR,1BA | $1.16 |
| Bend at New Road | 1 Bed 1 Bath (Fireplace Optional) | 1BR,1BA | $1.58 |
| The Retreat at CTM | Mason (A1) | 1BR,1BA | $1.53 |
| Brookview Hills | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.29 |
| Rambler Heights | 1 Bedroom | 1BR,1BA | $1.10 |
| Carriage House | 672 sq ft 1 bed | 1BR,1BA | $1.56 |
| The Edmond | The Armstrong | Studio ,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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleTop 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
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleRichland Hills, Waco, TX
Ranked #3
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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

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.

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.

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.

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.