Cheap Apartments for Rent in Woodway, TX from $750 (53 Rentals)

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Search the lowest-cost Apartments available for rent right now in Woodway.

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Hunterwood
2 Bedroom Apartments

Hunterwood

225 Londonderry DrWoodway, TX 76712
  • Utilities Included

Waco's Best Affordable Neighborhoods

Learn about Waco and the best places to live with original content written by our Texas Local Expert Rhonda R Fletcher

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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Legend
Rent Specials
$1,390 - $3,045
Total Monthly Price

Total Monthly Price

Base Rent
$1,390 - $3,045
Total Monthly Price
$1,390 - $3,045
1 to 2 Bedroom Apartments Available Now

The Legend

2400 Corporation PkyWaco, TX 76712
Corporate Housing
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Lake Air
1 to 3 Bedroom Apartments

Lake Air

1625 Wooded Acres DrWaco, TX 76710
Senior Living
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Legacy Ridge
1 to 2 Bedroom Apartments

Legacy Ridge

2506 Hilltop DrWaco, TX 76710
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Tennyson Arms
1 Bedroom Apartments

Tennyson Arms

5101 Tennyson DrWaco, TX 76710
  • Utilities Included
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Tribeca
1 to 2 Bedroom Apartments

Tribeca

4801 Sanger AveWaco, TX 76710
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The Midway
1 to 3 Bedroom Apartments

The Midway

416 Owen LnWaco, TX 76710

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Creole Apartments
1 to 2 Bedroom Apartments

Creole Apartments

6601-6701 May DrWaco, TX 76710
  • Utilities Included
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Cottages of Oak Springs
1 to 3 Bedroom Apartments

Cottages of Oak Springs

1900 Woodgate DrWaco, TX 76712
Senior Living
  • Utilities Included
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Chapel Park
1 to 3 Bedroom Apartments

Chapel Park

9720 Chapel RdWaco, TX 76712

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.

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Woodway, TX Local Guide

Cheapest Available Woodway Apartments for Rent

 

The cheapest available apartment rental in Woodway, TX is a 1 Bed unit found at Rambler Heights in the Parkdale neighborhood priced from $750. Heritage Square in the West Waco neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $896. Here is today’s list of the most affordable Woodway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rambler Heights1 Bedroom1BR,1BA$750
Heritage SquareA1BR,1BA$896
Westwood Villa Apartments1BR/1BA1BR,1BA$915
Avila1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$944
Madeira ApartmentsA1 1x11BR,1BA$945
Sunrise PointeA11BR,1BA$947
TribecaOne Bedroom1BR,1BA$950
Sandstone1 Bed, 1 Bath A1BR,1BA$955
Glen Oaks ApartmentsBeautiful One Bedroom Units! ALL UTILITIES INCL...1BR,1BA$1,050
The Colony ApartmentsUnit B1BR,1BA$1,065

Best Value Apartments for Rent in Woodway, TX

As of August 23, 2026 the best value apartment in the Woodway area is the $1.35 price per square foot 3/2 MA Model at The Majestic at Hewitt in the in the West Waco neighborhood starting from $1,823. The second greatest value Woodway apartment is the 2 Bed Townhome Model at Woodway Park Condominiums starting at $1,200 with a $1.00 price per square foot in the Parkdale neighborhood. Here is today’s list of the best values for Woodway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Majestic at Hewitt3/2 MA3BR,2BA$1.35
Woodway Park Condominiums2 Bed Townhome2BR,1.5BA$1.00
Lake Air Green Apartments2 Bed, 2 Bath2BR,2BA$1.04
Park Place Apartments2 Bed Townhome2BR,2.5BA$1.13
The Edmond Apartments2X12BR,1BA$1.21
Three 44 ApartmentsB12BR,1.5BA$1.34
Westwood Villa Apartments1BR/1BA1BR,1BA$1.24
Sunrise PointeA11BR,1BA$1.33
Rambler Heights1 Bedroom1BR,1BA$1.10
Heritage SquareA1BR,1BA$1.56

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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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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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Woodway Apartments

How much is rent for a Cheap One Bedroom Woodway Apartment?

The lowest price for a Cheap One Bedroom Woodway Apartment is $750 at Rambler Heights.

What is the lowest price for a Cheap Two Bedroom Woodway Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Woodway is starting from $895 at Rambler Heights.

What is the most affordable Woodway Three Bedroom Apartment?

The best deal on a cheap Woodway Three Bedroom Apartment rental is at The Edmond Apartments and starts from $1,359.

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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Top Neighborhoods to Rent Near Major Colleges and Universities in Waco

Written by: Rhonda R Fletcher

Hi, I'm Rhonda, your ApartmentHomeLiving.com Local Expert for Waco, Texas. Waco is a fun town (even for Longhorns). There are some great diners and beautiful landmarks.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.