
Cheap Apartments for Rent in Woodway, TX from $500 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Woodway.


8507 Bosque Blvd

The Edmond
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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.

Sunrise Pointe

The Colony Apartments

Sandstone
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.

Lake Air Green Apartments
Cash 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.
Woodway, TX Local Guide

How much does it cost to rent an apartment in Woodway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Woodway Studio Apartments | $1,093 | $799 | $1,881 |
| Cheap Woodway 1 Bedroom Apartments | $1,141 | $807 | $1,789 |
| Cheap Woodway 2 Bedroom Apartments | $1,310 | $930 | $1,813 |
| Cheap Woodway 3 Bedroom Apartments | $1,558 | $1,145 | $1,940 |
Browse Top Apartments in Woodway
See all Apartments in WoodwayExplore Woodway
Woodway, TX Local Guide
- Woodway Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Cheapest Available Woodway Apartments for Rent
 The cheapest available apartment rental in Woodway, TX is a Studio unit found at The Edmond in the Parkdale neighborhood priced from $799. Heritage Square in the West Waco neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $833. Here is today’s list of the most affordable Woodway apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Edmond | The Armstrong | Studio,1BA | $799 |
| Heritage Square | B | 1BR,1BA | $833 |
| The Colony Apartments | Unit A | Studio,1BA | $895 |
| Avila | 1 Bed, 1 Bath | 1BR,1BA | $928 |
| Madeira Apartments | Matador | 1BR,1BA | $945 |
Best Value Apartments for Rent in Woodway, TX
As of November 24, 2025 the best value apartment in the Woodway area is the $1.00 price per square foot 2 Bed Townhome Model at Park Place Apartments in the in the Parkdale neighborhood starting from $1,300. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Place Apartments | 2 Bed Townhome | 2BR,2.5BA | $1.00 |
| Woodway Park Condominiums | 2 Bed Townhome | 2BR,1.5BA | $1.00 |
| MeadowPark | Townhome | 2BR,2.5BA | $1.14 |
| Lake Air Green Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
| Flats on Chapel | A2 | 1BR,1BA | $1.52 |
| Brookside Apartments | One Bedroom | 1BR,1BA | $1.40 |
| Three 44 Apartments | A1 | 1BR,1BA | $1.52 |
| Avila | 1 Bed, 1 Bath | 1BR,1BA | $1.55 |
| Heritage Square | A | 1BR,1BA | $1.52 |
| 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
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 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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Woodway, TX
Getting Around Woodway, TX
Walk Score®
33 / 100
Car-Dependent
Most errands require a car
Bike Score®
34 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Woodway Apartments
What is the Cheapest Studio apartment in Woodway?
Currently the most affordable Cheap Studio Apartment in Woodway is at The Edmond listed at $799.
How much is rent for a Cheap One Bedroom Woodway Apartment?
The lowest price for a Cheap One Bedroom Woodway Apartment is $833 at Heritage Square.
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 $916 at Heritage Square.
What is the most affordable Woodway Three Bedroom Apartment?
The best deal on a cheap Woodway Three Bedroom Apartment rental is at Heritage Square and starts from $1,201.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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.








