Cheap Apartments for Rent in Woodway, TX from $500 (17 Rentals)

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

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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Tennyson Arms
1 to 2 Bedroom Apartments

Tennyson Arms

5101 Tennyson DrWaco, TX 76710
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Cottages of Oak Springs
1 to 3 Bedroom Apartments

Cottages of Oak Springs

1900 Woodgate DrWaco, TX 76712
Senior Living
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Tribeca
1 to 2 Bedroom Apartments

Tribeca

4801 Sanger AveWaco, TX 76710
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Woodway, TX Local Guide

Cheapest Available Woodway Apartments for Rent and Nearby

 

The cheapest available apartment rental in Woodway, TX is a 1 Bed unit found at Saddle Brook Apartments in the Parkdale neighborhood priced from $799. Sandstone in the Parkdale neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $854. Here is today’s list of the most affordable Woodway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Saddle Brook ApartmentsAbby1BR,1BA$799
Sandstone1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$854
The EdmondThe Brazos1BR,1BA$855
The Colony ApartmentsUnit AStudio,1BA$865
Heritage SquareA1BR,1BA$877

Best Value Apartments for Rent in Woodway, TX and Nearby

As of April 14, 2025 the best value apartment in the Woodway area is the $1.48 price per square foot Renovated 3 Bedroom, 2.5 Bathroom Model at Flats on Chapel Apartments in the in the West Waco neighborhood starting from $1,974. The second greatest value Woodway apartment is the Townhome Model at MeadowPark starting at $1,250 with a $1.14 price per square foot in the West Waco 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.
Flats on Chapel ApartmentsRenovated 3 Bedroom, 2.5 Bathroom3BR,2.5BA$1.48
MeadowParkTownhome2BR,2.5BA$1.14
Three 44 ApartmentsB12BR,1.5BA$1.34
Legacy Ridge1x11BR,1BA$1.05
Brookside1 Bedroom1BR,1BA$1.25
The Midway1x11BR,1BA$1.50
The EdmondThe Brazos1BR,1BA$1.26
Avila1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$1.55
Heritage SquareA1BR,1BA$1.52
Sandstone1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$1.61

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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

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

The lowest price for a Cheap One Bedroom Woodway Apartment is $799 at Saddle Brook Apartments.

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 $995 at Legacy Ridge.

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 $1,209.

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.

decorative image for A Texas Local Experts Guide to 10 Top Affordable Neighborhoods for Renting in Waco, TX article

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.