Zumper
modified
2 Days Ago

Highlights

  • Cozy unit
  • Charming apartment

Location

507 N Gilmer St, Killeen, TX 76541, USA
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Contact

Management

Colonial Real Estate Property Management Sales, & Investments Inc.

Leasing office

(254) 698-4113

Property Overview

507 N Gilmer St is a cozy, charming apartment with an overall expert rating of 8.4/10, highlighted by a perfect 10/10 for price and strong scores for amenities, location, and trustworthiness. It ranks in the 80th percentile for value for money and 97.5th percentile for value per square foot locally, and is especially appealing for an active social life and environmentally conscious living, with many nearby restaurants, parks, and transit options in a walkable area.

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.

Zumper Expert Rating

8.4
Very Good
With a solid 8.4 out of 10 overall, 507 N Gilmer St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 507 N Gilmer St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • Less expensive

Great for

  • Eco living
  • Social life

Floor plans

1BR/1.0BA1 bed1 bath806 sqft$525 /mo2 units available507 N Gilmer St Unit B-5 Killeen, TX 76541 - AVAILABLE NOW! Affordable and close to Fort Cavazos. Welcome to our charming apartment built in 1994 located in Killeen, TX. This cozy unit features 1 bedrooms and 1 bathroom, making it the perfect space for anyone looking for a comfortable and convenient living arrangement. Contact us today to schedule a tour and see for yourself why this apartment is the perfect place to call home in Killeen, TX. Security Deposit: $525.00 Application Fee $55.00 Rent $525.00 Disclaimer: Colonial Property Management does not accept sight-unseen leases. We are not responsible for inaccuracies or outdated information on third-party websites such as Zillow, Trulia, or others. Applications are processed until a deposit is placed, and deposits are accepted on a first-come, first-served basis.

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Policies and fees

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Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

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Building details

Property details

Units14
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About 507 N Gilmer St

HomeApartments in Killeen 507 N Gilmer St

507 N Gilmer St Unit B-5 Killeen, TX 76541 - AVAILABLE NOW! Affordable and close to Fort Cavazos. Welcome to our charming apartment built in 1994 located in Killeen, TX. This cozy unit features 1 bedrooms and 1 bathroom, making it the perfect space for anyone looking for a comfortable and convenient living arrangement. Contact us today to schedule a tour and see for yourself why this apartment is the perfect place to call home in Killeen, TX. Security Deposit: $525.00 Application Fee $55.00 Rent $525.00 Disclaimer: Colonial Property Management does not accept sight-unseen leases. We are not responsible for inaccuracies or outdated information on third-party websites such as Zillow, Trulia, or others. Applications are processed until a deposit is placed, and deposits are accepted on a first-come, first-served basis.


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.
8.4
/10
Very Good
With a solid 8.4 out of 10 overall, 507 N Gilmer St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 507 N Gilmer St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 507 N Gilmer St
Price·10A 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.
507 N Gilmer St offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, 507 N Gilmer St 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.
507 N Gilmer St 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·6A 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 507 N Gilmer St does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

507 N Gilmer St is great for:

Eco living

  • Public transit available nearby
  • You can get around by foot in this area
  • 3 parks within a mile

Social life

  • Areas nearby are accessible by walking
  • 128 restaurants within 1 mile of this property
  • 2 theaters, music venues, or sports arenas nearby
  • The area has transit options

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 507 N Gilmer St compares to other nearby properties.

Positives

More space
The 1-bedroom is 306 sqft larger than other listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
More space
The 2-bedroom is 131 sqft larger than other listings nearby

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2 miles away

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Rent trends in Killeen

1-bedroom apartments at 507 N Gilmer St cost about 12% less than the average rent price for 1-bedroom apartments in Killeen.

Median rents as of Apr 18 2026.
Killeen
A table of studio rental data trends in Killeen
MonthMedian Rent
May 2024$883
June 2024$845
July 2024$756
August 2024$535
September 2024$528
October 2024$531
November 2024$525
December 2024$525
January 2025$556
February 2025$537
March 2025$525
April 2025$525
May 2025$525
June 2025$525
July 2025$525
August 2025$525
September 2025$507
October 2025$525
November 2025$513
December 2025$504
January 2026$578
February 2026$560
March 2026$525
April 2026$533

Affordability calculator

Can I afford to live at 507 N Gilmer St?

Bedrooms

1 bedroom

Rent-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

$21,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $21,000 annually to afford this 1-bedroom monthly rent price of $525.
For more information on rent affordability, visit our rent calculator.

Schools near 507 N Gilmer St

EL143

1608 e rancier ave

killeen, TX, 76541

PK, K-5Public

EL142

1500 w central texas expwy

killeen, TX, 76549

PK, K-5Public

EL144

1801 s 2nd st

killeen, TX, 76541

PK, K-5Public

Fort Hood Head Start

48812 evans dr

fort hood, TX, 76544

PKPublic

EL145

5501 azura way

killeen, TX, 76549

PK, K-5Public
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Internet available near 507 N Gilmer St

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Killeen near 507 N Gilmer St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Points of interest for 507 N Gilmer St, Killeen

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

5/10
At least one high school within a 30-minute walk

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 507 N Gilmer St

Las Fatacias
208 W Rancier Ave
Killeen Nutritional Center
102 E Avenue D
Omart
714 S Fort Hood St
Fort Hood-Warrior Way Commissary
85020 Warrior Way St
Warrior Way Commissary
85020 Warrior Way St

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