23 Hours Ago
Highlights
- Wifi
- Open layout
- Walk-in closet
- Stove/fridge included
Location
500 E Craven Ave, Waco, TX 76705, USA|Lacy-Lakeview
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Property Overview
500 East Craven Avenue features an impressive Zumper expert rating of 8.3 out of 10, highlighting its accessibility and amenities, including wifi, an open layout, and included appliances. With a competitive price rating of 10, it provides excellent value. The property is particularly notable for its proximity to cultural centers and parks, catering to social and environmentally conscious lifestyles, while also demonstrating transparency with a trustworthiness rating of 7 out of 10.
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
Elementary school nearby- Less expensive
- Images Available
Great for
Social life
Eco living
Floor plans
| 500 East Craven Avenue - 8 | 1 bed | 1 bath | 650 sqft | $775 /mo | This cute 1-bedroom/1 bath unit in Lacy Lakeview is ready for move in mid-January! It has an open layout with a small bar, pantry, walk-in closet, and stove/fridge included. Section 8 welcome! Pets welcome! Water and gas are included for a total of $875 per month. Tenant pays electric and wifi. Reach out to 281-299-2844 or **** for next steps. |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time.
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Questions about this property’s policies and fees?
Building details
Property details
| Units | 1 |
|---|
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About 500 East Craven Avenue
This cute 1-bedroom/1 bath unit in Lacy Lakeview is ready for move in mid-January! It has an open layout with a small bar, pantry, walk-in closet, and stove/fridge included. Section 8 welcome! Pets welcome! Water and gas are included for a total of $875 per month. Tenant pays electric and wifi. Reach out to 281-299-2844 or **** for next steps.
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 500 East Craven Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 500 East Craven Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
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.
500 East Craven Avenue 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, 500 East Craven Avenue 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.
500 East Craven Avenue 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 500 East Craven Avenue does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
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.
500 East Craven Avenue 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.
500 East Craven Avenue 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 500 East Craven Avenue compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.4 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
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Rent trends in Lacy-Lakeview
1-bedroom apartments at 500 East Craven Avenue cost about 18% less than the average rent price for 1-bedroom apartments in Lacy-Lakeview.
Median rents as of Nov 1 2025.
Lacy-Lakeview
Lacy-Lakeview
| Month | Median Rent |
|---|---|
| February 2025 | $845 |
| March 2025 | $855 |
| April 2025 | $845 |
| May 2025 | $838 |
| August 2025 | $982 |
| September 2025 | $982 |
| October 2025 | $982 |
| November 2025 | $982 |
| Month | Median Rent |
|---|---|
| March 2025 | $857 |
| April 2025 | $845 |
| May 2025 | $845 |
| October 2025 | $982 |
| November 2025 | $982 |
Affordability calculator
Can I afford to live at 500 E Craven Ave?
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
$31,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $31,000 annually to afford this 1-bedroom monthly rent price of $775.
For more information on rent affordability, visit our rent calculator.
Schools near 500 East Craven Avenue
Connally Elementary School
300 cadet way
waco, TX, 76705
4-5Public
C
Connally Primary School
100 little cadet way
elm mott, TX, 76640
1-3Public
C
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Internet available near 500 East Craven Avenue
Neighborhood
Lacy-Lakeview | Lacy-Lakeview, TX
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Waco near 500 E Craven Ave
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 500 E Craven Ave, Waco
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Some restaurants within walking distance
Primary schools
1/10
Closest elementary school further than a 30-minute walk
High schools
2/10
Closest high school further than a 30-minute walk
Nightlife
2/10
Some bars within walking distance
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