2 Days Ago
Location
5506 Kingman St, Waco, TX 76710, USA|Richland Hills
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Property Overview
Kingman Terrace is a competitively priced, updated apartment community with strong overall ratings, including high marks for amenities, value, and especially location. With excellent access to a top-rated middle school, reasonable proximity to groceries, and verified, transparent listing information, it offers an appealing blend of convenience, quality, and trustworthiness for renters seeking strong value for money.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Middle school nearby
Great for
Eco living
Social life
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 750 sqft | $725 /mo | 1 unit available |
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 18 |
|---|
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About Kingman Terrace
Kingman Terrace cost $725 per month. Located at 5506 Kingman St, Waco, TX 76710, USA, Kingman Terrace has 1 bedroom units available. Based on the average rent price of 1 bedroom in Waco, renting an apartment at Kingman Terrace is 31% cheaper per month.Other apartment buildings in or around Waco include but are not limited to: 709 S 6th St, 3638 W Waco Dr
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.9
/10
Very GoodKingman Terrace is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Trustworthiness, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, Kingman Terrace is a great option for renters looking for apartments in Richland Hills. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Kingman Terrace is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Kingman Terrace is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Kingman Terrace to provide reasonable accomodations and accurate details about its community.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Kingman Terrace provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Kingman Terrace is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Kingman Terrace compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in Richland Hills
1-bedroom apartments at Kingman Terrace cost about 34% less than the average rent price for 1-bedroom apartments in Richland Hills.
Median rents as of Apr 25 2026.
Richland Hills
Waco
| Month | Median Rent |
|---|---|
| May 2024 | $1,135 |
| June 2024 | $1,186 |
| July 2024 | $1,155 |
| August 2024 | $1,150 |
| September 2024 | $1,081 |
| October 2024 | $1,101 |
| November 2024 | $1,074 |
| December 2024 | $1,100 |
| January 2025 | $1,125 |
| February 2025 | $1,099 |
| March 2025 | $1,042 |
| April 2025 | $1,017 |
| May 2025 | $1,040 |
| June 2025 | $1,080 |
| July 2025 | $1,092 |
| August 2025 | $1,086 |
| September 2025 | $1,069 |
| October 2025 | $1,069 |
| November 2025 | $1,052 |
| December 2025 | $1,059 |
| January 2026 | $1,009 |
| February 2026 | $1,007 |
| March 2026 | $1,000 |
| April 2026 | $1,019 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,150 |
| June 2024 | $1,150 |
| July 2024 | $1,150 |
| August 2024 | $1,150 |
| September 2024 | $1,150 |
| October 2024 | $1,150 |
| December 2024 | $1,150 |
| January 2025 | $1,150 |
| February 2025 | $1,150 |
| March 2025 | $1,120 |
| April 2025 | $1,137 |
| May 2025 | $1,150 |
| June 2025 | $1,150 |
| July 2025 | $1,150 |
| August 2025 | $1,150 |
| September 2025 | $1,150 |
| October 2025 | $1,150 |
| November 2025 | $1,150 |
| December 2025 | $1,075 |
| January 2026 | $1,007 |
| February 2026 | $1,021 |
| March 2026 | $1,062 |
| April 2026 | $1,112 |
Affordability calculator
Can I afford to live at 5506 Kingman St?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$29,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $29,000 annually to afford this 1-bedroom monthly rent price of $725.
For more information on rent affordability, visit our rent calculator.
Schools near Kingman Terrace
Parkdale Elementary School
6400 edmond
waco, TX, 76710
PK, K-5Public
C
G.L. Wiley Opportunity Center
1030 e live oak st
waco, TX, 76704
3-12Public
Park Hill Elementary
700 ritchie rd
hewitt, TX, 76643
PK, K-5Public
NEW EL
11495 wortham bend rd
china spring, TX, 76633
PK, K-1Public
Hallsburg School
2313 hallsburg rd
waco, TX, 76705
PK, K-6Public
B+
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Internet available near Kingman Terrace
Neighborhood
Richland Hills | Waco, TX
Getting around Waco near 5506 Kingman St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Points of interest for 5506 Kingman St, Waco
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
8/10
Variety of shops within a few minutes' walk
Cafes
6/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Nightlife
2/10
Few or no bars within walking distance
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