
Cheap Homes for Rent in Richland Hills Neighborhood of Waco, TX from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Richland Hills area of Waco.


2601 Fort Ave, Unit 4
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

834 N 62nd St

5714 Wilshire Dr
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 a home in Richland Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richland Hills 3 Bedroom Homes for Rent | $1,557 | $1,495 | $1,620 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Richland Hills, TX
As of June 08, 2026 the best value apartment in the Richland Hills area is the $1.30 price per square foot C1 Wrangler Model at The Residence at CTM in the in the Alta Vista neighborhood starting from $1,652. The second greatest value Richland Hills apartment is the 2 Bed, 2 Bath Model at Lake Air Green 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 | $1.30 |
| Lake Air Green Apartments | 2 Bed, 2 Bath | 2BR,2BA | $1.04 |
| Park Place Apartments | Two Bedroom | 2BR,2BA | $1.04 |
| The Colony Apartments | Unit E | 2BR,2BA | $1.31 |
| Sunrise Pointe | B1 | 2BR,1BA | $1.19 |
| Azur | 2 Bed, 2 Bath | 2BR,2BA | $1.47 |
| Historic Lofts of Waco High | 1 Bedroom | 1BR,1BA | $1.19 |
| Westwood Villa Apartments | 1BR/1BA | 1BR,1BA | $1.24 |
| Brookview Hills | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.25 |
| Rambler Heights | 1 Bedroom | 1BR,1BA | $1.10 |
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 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 ArticleReal 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.
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 #2
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Richland Hills
What type of rentals are currently available in Richland Hills?
There are currently 43 Apartments for Rent in Richland Hills, TX with pricing that ranges from $795 to $2,897. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richland Hills ranging from $1,050 to $1,620.
What is the current price range for Rental Homes in Richland Hills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Richland Hills ranges from $1,050 to $1,620 with an average monthly rent of $1,303.
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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.