Zumper
modified
5+ 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 presents a cozy and charming apartment with an impressive Zumper expert rating of 8.4, underscoring its desirability among renters. With a top-notch price rating of 10, excellent amenities rated at 8, and a prime location scoring 9, it offers a competitive balance of value and quality of living. Additionally, it ranks in the 79.17 percentile for value for money and is considered great for social life, thanks to the abundance of dining options and accessible transit nearby.

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

  • 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! MOVE-IN SPECIAL $200 OFF FIRST MONTHS RENT! 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 We are not responsible for inaccuracies or outdated information on third-party websites such as Zillow, Trulia, or others.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.
2BR/1.0BA2 bed1 bath806 sqft$595 /mo2 units availableAvailable End Of January Updated Photos Coming Soon! PICTURES ADVERTIZED MAY NOT BE THE UNITS Affordable and close to Fort Cavazos. Welcome to our charming apartment built in 1994 located in Killeen, TX. This cozy unit features 2 bedrooms and 1 bathroom, making it the perfect space for anyone looking for a comfortable and convenient living arrangement. HUD Accepted. Security Deposit: $595.00 Monthly Rent: $595.00 Application Fee: $55

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Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
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! MOVE-IN SPECIAL $200 OFF FIRST MONTHS RENT! 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:

Social life

  • Areas nearby are accessible by walking
  • 131 restaurants within 1 mile of this property
  • The area has transit options
  • Diverse age groups live in this area

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 301 sqft larger than other listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar 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 here are priced 14% lower than 1-bedrooms in Killeen.

If you decide to upgrade your space, you can expect 2-bedrooms at 507 N Gilmer St to be 25% less than the average for similarly sized apartments in Killeen.

Median rents as of Jan 17 2026.
Killeen
A table of studio rental data trends in Killeen
MonthMedian Rent
February 2024$669
March 2024$847
April 2024$928
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$556

Affordability calculator

Can I afford to live at 507 N Gilmer St?

Bedrooms

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

Elementary Alternative Learning Center

4910 katy creek ln

killeen, TX, 76549

K-5Public
B+
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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

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