Updated 5+ Days Ago
Highlights
- Wifi
- Open layout
- Walk-in closet
- Stove/fridge included
Location
500 E Craven Ave, Lacy Lakeview, TX 76705, USA|Lacy-Lakeview
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Property Overview
500 East Craven Avenue earns a strong overall rating with standout value for money, excellent price-to-amenity balance, and a highly rated location. It includes wifi, an open layout, a walk-in closet, and a stove/fridge, while nearby schools add convenience and the property ranks in the 100th percentile for value compared with others in the area.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- High school nearby
- Less expensive
Floor plans
| 500 East Craven Avenue - 6 | 2 bed | 1 bath | 750 sqft | $1,025 /mo | Check out this 2 bed, 1 bath apartment in Lacy Lakeview! 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 a total of $1075 per month. Tenant pays electric and wifi. Must make 2.5x income as rent This one will go fast! |
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time.
Contact Property
Questions about this property’s policies and fees?
Building details
Property details
| Units | 1 |
|---|
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About 500 East Craven Avenue
Check out this 2 bed, 1 bath apartment in Lacy Lakeview! 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 a total of $1075 per month. Tenant pays electric and wifi. Must make 2.5x income as rent This one will go fast!
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.
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
- High school nearby
- There is a high school 1 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 2 miles away
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Rent trends in Lacy-Lakeview
2-bedroom apartments at 500 East Craven Avenue cost about 17% less than the average rent price for 2-bedroom apartments in Lacy-Lakeview.
Median rents as of Jun 27 2026.
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 |
| March 2026 | $847 |
| April 2026 | $847 |
| May 2026 | $855 |
| June 2026 | $857 |
| Month | Median Rent |
|---|---|
| March 2025 | $857 |
| April 2025 | $845 |
| May 2025 | $845 |
| October 2025 | $982 |
| November 2025 | $982 |
| March 2026 | $847 |
Affordability calculator
Can I afford to live at 500 E Craven Ave?
Bedrooms
2 bedroomsRent-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
$41,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $41,000 annually to afford this 2-bedrooms monthly rent price of $1,025.
For more information on rent affordability, visit our rent calculator.
Schools near 500 East Craven Avenue
Connally Early Childhood Center
100 bb brown
waco, TX, 76705
PK, KPublic
B+
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
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 500 East Craven Avenue
Neighborhood
Lacy-Lakeview | Lacy-Lakeview, TX
Getting around Lacy Lakeview 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, Lacy Lakeview
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
Explore the area around 500 E Craven Ave
Elm Mott Self Storage
593 S McLennan Dr
City Food Mart
1710 E Crest Dr
Platation Foods
2510 E Lake Shore Dr
Walmart Supercenter
1521 Interstate 35 N
La Frescura Snacks LLC
3616 Redbird St
Family Dollar
1011 E Crest Dr
Walmart Supercenter
1521 Interstate 35 N
Thrift
3016 Bellmead Dr
Arandas Boots
3101 Beale St
Cato Fashions
901 N Interstate 35
Dee's Delicius Donuts
104 W Elm Mott Dr
7 Brew Coffee
960 N Loop 340
Shipley Do-nuts
600 N Loop 340
Starbucks
4273 Interstate 35 N
Homestead Grist Mill
800 Dry Creek Rd
Browsky's Bar & Lounge
325 New Dallas Hwy
Kems Restaurant & Bar
1801 Development Blvd
Granny's Sports Bar
4114 Bellmead Dr
Lone Star Tavern & Steakhouse
4713 Bellmead Dr
Upload Lounge
1116 New Dallas Hwy
Walmart Deli
1521 Interstate 35 N
Walmart Bakery
1521 Interstate 35 N
Torres Meat House
928 S Lacy Dr
G & B Bread Company
4205 Bellmead Dr
Sam's Club Bakery
2301 E Waco Dr
Live Oak Park
Meadow
Veterans Memorial Park
Meadow
Lions Park
Dee's Delicius Donuts
104 W Elm Mott Dr
Gator Stop
16075 N I H 35
Snowflake Donuts & Justin's Pizza
315 N Lacy Lakeview Dr
Best For Less Diner
4300 Meyers Ln
Dave's Burger Barn
600 N Patricia St
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