
Cheap Apartments for Rent in the Richland Hills Neighborhood of Waco, TX from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Richland Hills area of Waco.


Rambler Heights

The Edmond

Sunrise Pointe

The Colony Apartments

Sandstone
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.

Brookview Hills

Historic Lofts of Waco High

Madeira Apartments

2601 Fort Ave, Unit 4

Lake Air Green Apartments

Carriage House

The Legend

Park Place Apartments
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.

Total Monthly Price
Roots at Waco

Saddle Brook Apartments

Total Monthly Price
Tuscany Ranch Apartments

Total Monthly Price
Bend at New Road

Total Monthly Price
The Residence at CTM

Total Monthly Price
The Retreat at CTM

5813 Roxanne Dr

Valley Terrace Apartments
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.

Ambassador Residence

Tennyson Arms

Tribeca

Three 44 Apartments

The Midway

3921 Roselawn Dr

5213 Laurel Lake Dr

6608 Wiethorn Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

6602 Wiethorn Dr

920 Camp Dr
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 | $1,023 | $799 | $1,602 |
| Richland Hills 1 Bedroom Apartments | $1,178 | $595 | $2,183 |
| Richland Hills 2 Bedroom Apartments | $1,396 | $895 | $1,827 |
| Richland Hills 3 Bedroom Apartments | $1,732 | $1,145 | $3,924 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 1 mile radius of the Richland Hills Neighborhood of Waco, TX.
See all Apartments in WacoExplore Waco
Richland Hills, Waco, TX Local Guide
- Nearby Waco neighborhoods
- Nearby Cities
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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 |
| Avila | 1 Bed, 1 Bath (80% Income Restricted) | 1BR,1BA | $805 |
| Sunrise Pointe | A1 | 1BR,1BA | $850 |
| The Colony Apartments | Unit A | Studio,1BA | $895 |
| Sandstone | 1 Bed, 1 Bath B (80% Income Restricted) | 1BR,1BA | $913 |
| Brookview Hills | 1 Bedroom, 1 Bathroom | 1BR,1BA | $939 |
| Historic Lofts of Waco High | 1 Bedroom | 1BR,1BA | $941 |
| Madeira Apartments | A1 1x1 | 1BR,1BA | $945 |
| Tribeca | One Bedroom | 1BR,1BA | $950 |
Best Value Apartments for Rent in Richland Hills, TX
As of April 09, 2026 the best value apartment in the Richland Hills area is the $1.04 price per square foot Two Bedroom Model at Park Place Apartments in the in the Parkdale neighborhood starting from $1,200. The second greatest value Richland Hills apartment is the B1 Stetson Model at The Residence at CTM starting at $1,342 with a $1.23 price per square foot in the Alta Vista 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. |
|---|---|---|---|
| Park Place Apartments | Two Bedroom | 2BR,2BA | $1.04 |
| The Residence at CTM | B1 Stetson | 2BR,2BA | $1.23 |
| Bend at New Road | 2 Bed 2 Bath (Fireplace Optional) | 2BR,2BA | $1.39 |
| Lake Air Green Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
| Sunrise Pointe | B1 | 2BR,1BA | $1.20 |
| Historic Lofts of Waco High | 1 Bedroom | 1BR,1BA | $1.19 |
| Brookview Hills | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.29 |
| Rambler Heights | 1 Bedroom | 1BR,1BA | $1.10 |
| Three 44 Apartments | A1 | 1BR,1BA | $1.48 |
| Avila | 1 Bed, 1 Bath | 1BR,1BA | $1.38 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
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.
Read ArticleCash 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.
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 a cheap apartment in Richland Hills?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Richland Hills is under $950.
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 $1,553.
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 17 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 $149 which is $1,404 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.

