Cheap Homes for Rent in Woodway, TX from $800 (16 Rentals)

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

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.

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.

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.

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 The Edmond in the Parkdale neighborhood priced from $795. Heritage Square in the West Waco neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $798. Here is today’s list of the most affordable Woodway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The EdmondThe Baylor1BR,1BA$795
Heritage SquareA1BR,1BA$798
Azur1 Bed, 1 Bath1BR,1BA$890
Legacy Ridge1x11BR,1BA$895
Madeira ApartmentsMatador1BR,1BA$945

Best Value Apartments for Rent in Woodway, TX

As of June 19, 2025 the best value apartment in the Woodway area is the $1.14 price per square foot Townhome Model at MeadowPark in the in the West Waco neighborhood starting from $1,250. The second greatest value Woodway apartment is the 1x1 Model at Legacy Ridge starting at $895 with a $1.05 price per square foot in the North End 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.
MeadowParkTownhome2BR,2.5BA$1.14
Legacy Ridge1x11BR,1BA$1.05
HunterwoodCottage2BR,1BA$1.45
Canyon SpringsBosque B1BR,1BA$1.56
The EdmondThe Baylor1BR,1BA$1.04
Azur2 Bed, 1 Bath2BR,1BA$1.40
The Midway1x11BR,1BA$1.50
Three 44 ApartmentsA11BR,1BA$1.58
Sandstone1 Bed, 1 Bath1BR,1BA$1.49
Heritage SquareA1BR,1BA$1.39

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Frequently Asked Questions about Woodway

What type of rentals are currently available in Woodway?

There are currently 70 Apartments for Rent in Woodway, TX with pricing that ranges from $795 to $3,690. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Woodway ranging from $895 to $3,600.

What is the current price range for Rental Homes in Woodway?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Woodway ranges from $895 to $3,600 with an average monthly rent of $2,014.

How much are larger Three and Four Bedroom Rentals in Woodway?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Woodway range from $1,350 to $2,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $3,500.

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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.