Cheap Apartments for Rent in the Parker Village Neighborhood of Allen, TX from $500 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parker Village area of Allen.

property at 1619 Collin Dr

$649

Total Monthly Price

Total Monthly Price

Base Rent
$649
Total Monthly Price
$649

6 Bedroom, 3 Bath Home for Rent

Available Now

1619 Collin Dr

AllenTX75002

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Benton Pointe
Rent Specials
$1,227 - $2,120
Total Monthly Price

Total Monthly Price

Base Rent
$1,227 - $2,120
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Benton Pointe

205 Benton DrAllen, TX 75013
Corporate Housing
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Dove Hollow
$1,293 - $1,697
Total Monthly Price

Total Monthly Price

Base Rent
$1,293 - $1,697
Total Monthly Price
$1,293 - $1,697
1 to 2 Bedroom Apartments Contact Us For Availability

Dove Hollow

540 E Bethany DrAllen, TX 75002
Affordability
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Alleia Watters Creek
Rent Specials
$1,572 - $3,267
Total Monthly Price

Total Monthly Price

Base Rent
$1,572 - $3,267
Total Monthly Price
$1,572 - $3,267
1 to 3 Bedroom Apartments Available Now

Alleia Watters Creek

1165 Montgomery BlvdAllen, TX 75013
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property at 1614 Collin Dr

$1,840

Total Monthly Price

Total Monthly Price

Base Rent
$1,840
Total Monthly Price
$1,840

2 Bedroom, 2 Bath Home for Rent

Available Jun 15

1614 Collin Dr

AllenTX75002

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Chaparral Townhomes
2 to 4 Bedroom Apartments

Chaparral Townhomes

351 Chaparral RdAllen, TX 75002
  • Utilities Included
property at 302 Young Dr

$1,975

Total Monthly Price

Total Monthly Price

Base Rent
$1,975
Total Monthly Price
$1,975

3 Bedroom, 2 Bath Home for Rent

Available Now

302 Young Dr

AllenTX75002

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Cortona
Rent Specials
$1,167 - $2,153
Total Monthly Price

Total Monthly Price

Base Rent
$1,167 - $2,153
Total Monthly Price
$1,167 - $2,153
1 to 3 Bedroom Apartments Available Now

The Cortona

325 Murray Farm DrFairview, TX 75069
Luxury
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Parker Village, Allen, TX Local Guide

Cheapest Available Parker Village Apartments for Rent

 

The cheapest available apartment rental in the Parker Village area of Dallas, TX is a Studio unit found at Opal Legacy Central priced from $1,052. Twin Creeks Crossing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,060. Here are the most affordable Parker Village apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
Opal Legacy CentralS1 ESSENTIAL LIVINGStudio,1BA$1,052
Twin Creeks CrossingA11BR,1BA$1,060
Sheridan Park at Spring Creek1X1A1BR,1BA$1,086
Mission Eagle PointeA21BR,1BA$1,100
The Carson at Twin CreeksA31BR,1BA$1,120
DeLayne at Twin CreeksA11BR,1BA$1,127
The Gio ApartmentsA21BR,1BA$1,128
301 GreenvilleA1 Premium1BR,1BA$1,150
The CortonaA11BR,1BA$1,167
eaves Twin CreeksA31BR,1BA$1,185

Best Value Apartments for Rent in Parker Village, TX

As of May 26, 2026 the best value apartment in the Parker Village area is the $1.69 price per square foot 3X2A Model at Sheridan Park at Spring Creek in the in the Royal Oaks neighborhood starting from $2,127. The second greatest value Parker Village apartment is the The McDermott Model at Cortland at Twin Creeks starting at $1,764 with a $1.61 price per square foot in the Twin Creeks neighborhood. Here is today’s list of the best values for Parker Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sheridan Park at Spring Creek3X2A3BR,2BA$1.69
Cortland at Twin CreeksThe McDermott2BR,2BA$1.61
Axis at Watters CreekTwo-Bedroom (B1)2BR,2BA$1.72
The Link at Twin CreeksA71BR,1BA$1.70
Twin Creeks CrossingB12BR,2BA$1.66
Emerson at Ford ParkB22BR,2BA$1.55
The Carson at Twin CreeksA11BR,1BA$1.69
Mission Eagle PointeA11BR,1BA$1.70
301 GreenvilleA1 Premium1BR,1BA$1.63
eaves Twin CreeksA11BR,1BA$1.70

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Parker Village, Allen, TX

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Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States, including Allen. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, features that make it easier to raise kids, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Parker Village Apartments

What is the price of a cheap apartment in Parker Village?

The cheapest apartment in Parker Village is Twin Creeks Crossing which is listed at $1,060, while the average apartment in Parker Village costs $17,620.

What types of apartments are the cheapest in Parker Village?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 122 regular apartments in Parker Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Parker Village?

Cheap apartments in Parker Village have an average cost of $534 which is $17,086 cheaper than the average rent for all rentals in Parker Village.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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