Cheap Apartments for Rent in the Richland Hills Neighborhood of Waco, TX from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Richland Hills area of Waco.

Historic Lofts at Waco High

Sunrise Pointe
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.

The Edmond

The Colony Apartments

2425 Parrott Ave, Unit 2425 Parrott
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.
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 | $1,381 | $895 | $1,867 |
Richland Hills 1 Bedroom Apartments | $1,233 | $731 | $1,975 |
Richland Hills 2 Bedroom Apartments | $1,400 | $893 | $2,492 |
Richland Hills 3 Bedroom Apartments | $1,622 | $1,030 | $1,940 |
Browse Apartments in this Neighborhood
There are currently 11 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
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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 Avila priced from $731. Historic Lofts at Waco High has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Richland Hills apartments for rent in Waco, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Avila | 1 Bed, 1 Bath (60% Income Restricted) | 1BR,1BA | $731 |
Historic Lofts at Waco High | 1 Bedroom | 1BR,1BA | $750 |
Brookview Hills | 1 Bedroom, 1 Bathroom | 1BR,1BA | $919 |
Sandstone | 1 Bed, 1 Bath (80% Income Restricted) | 1BR,1BA | $926 |
Madeira Apartments | Matador | 1BR,1BA | $945 |
Best Value Apartments for Rent in Richland Hills, TX
As of September 20, 2025 the best value apartment in the Richland Hills area is the $0.87 price per square foot The Ranger Model at The Edmond in the in the Parkdale neighborhood starting from $1,394. The second greatest value Richland Hills apartment is the Two Bedroom Townhome Model at Park Place Apartments starting at $1,300 with a $1.00 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 Edmond | The Ranger | 3BR,3BA | $0.87 |
Park Place Apartments | Two Bedroom Townhome | 2BR,2.5BA | $1.00 |
Tuscany Ranch Apartments | 2 Bd 2 Bth w/ Att Garage (Price not included) | 2BR,2BA | $1.53 |
2215 Sanger Ave, Unit A | 2215 Sanger Ave | 2BR,1BA | $0.93 |
2425 Parrott Ave, Unit 2425 Parrott | 2425 Parrott Ave | 2BR,1BA | $0.99 |
Lake Air Green Apartments | One Bedroom | 1BR,1BA | $1.24 |
Historic Lofts at Waco High | 1 Bedroom | 1BR,1BA | $0.94 |
Brookview Hills | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.26 |
Three 44 Apartments | A1 | 1BR,1BA | $1.52 |
Avila | 1 Bed, 1 Bath | 1BR,1BA | $1.47 |
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Pet Friendly LifestyleRichland Hills, Waco, TX
Ranked #4
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 Avila which is listed at $731, while the average apartment in Richland Hills costs $1,688.
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 28 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 $304 which is $1,384 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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.