
Cheap Apartments for Rent in the Parker Village Neighborhood of Allen, TX from $500 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parker Village area of Allen.


Twin Creeks Crossing

Total Monthly Price
Benton Pointe

Magnolia on the Green

Emerson at Ford Park

eaves Twin Creeks

The Carson at Twin Creeks

Axis at Watters Creek

DeLayne at Twin Creeks

Total Monthly Price
THE REFLECTION AT MONTGOMERY RIDGE
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.

Dove Hollow

Knox Allen Station

The Montgomery at Watters Creek

The Jove Apartment Homes

Lofts at Watters Creek Apartments

301 Greenville

Total Monthly Price
The Link at Twin Creeks

Total Monthly Price
Larkspur at Twin Creeks

Total Monthly Price
Alleia Watters Creek

Springwood at Allen
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.

729 Junction Dr, Unit C313

729 Junction Dr, Unit A224

729 Junction Dr, Unit A446

729 Junction Dr, Unit A141

1325 Clearview Dr

706 S Jupiter Rd

925 Honeysuckle Ln

The Gates of Allen Station

Chaparral Townhomes

526 Post Oak Ln
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.

516 Cedar Elm Ln

557 Harrison Dr

Discovery Village @ Twin Creeks Senior Living

538 White Oak St

901 Wandering Way Dr

1304 Creekwood Ct

528 Post Oak Ln

713 Leading Ln

546 Cumberland Dr

510 Cumberland Dr
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

524 White Oak St

103 Melody Mall Dr

403 Daisy Dr

7200 Chase Oaks Blvd

The Gio Apartments

Opal Legacy Central

Sheridan Park at Spring Creek

MAA Fairview

Total Monthly Price
The Cortona

Promenade Apartments
Navigating the Rental Market: Tips for First-Time Renters
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Parker Village, Allen, TX Local Guide

How much does it cost to rent an apartment in Parker Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parker Village Studio Apartments | $1,154 | $1,144 | $1,179 |
| Parker Village 1 Bedroom Apartments | $1,433 | $985 | $3,674 |
| Parker Village 2 Bedroom Apartments | $1,892 | $1,299 | $6,486 |
| Parker Village 3 Bedroom Apartments | $2,373 | $1,775 | $5,364 |
| Parker Village 4 Bedroom Apartments | $7,512 | $7,512 | $7,512 |
Browse Apartments in this Neighborhood
There are currently 53 rentals with your search options within a 3 mile radius of the Parker Village Neighborhood of Allen, TX.
See all Apartments in AllenExplore Allen
Parker Village, Allen, TX Local Guide
- Nearby Allen neighborhoods
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Cheapest Available Parker Village Apartments for Rent
 The cheapest available apartment rental in the Parker Village area of Dallas, TX is a 1 Bed unit found at Mission Eagle Pointe priced from $985. The Gio Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,058. Here are the most affordable Parker Village apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mission Eagle Pointe | A1 | 1BR,1BA | $985 |
| The Gio Apartments | A1 | 1BR,1BA | $1,058 |
| Twin Creeks Crossing | A2 | 1BR,1BA | $1,080 |
| Benton Pointe | Ashcroft | 1BR,1BA | $1,086 |
| Magnolia on the Green | A1 | 1BR,1BA | $1,095 |
| Opal Legacy Central | S1 ESSENTIAL LIVING | Studio,1BA | $1,099 |
| Emerson at Ford Park | A1 | 1BR,1BA | $1,165 |
| Sheridan Park at Spring Creek | 1X1A | 1BR,1BA | $1,170 |
| The Carson at Twin Creeks | A1 | 1BR,1BA | $1,180 |
| Axis at Watters Creek | One-Bedroom (A1) | 1BR,1BA | $1,190 |
Best Value Apartments for Rent in Parker Village, TX
As of April 10, 2026 the best value apartment in the Parker Village area is the $1.73 price per square foot C1 Model at Mission Eagle Pointe in the in the Twin Creeks neighborhood starting from $2,155. The second greatest value Parker Village apartment is the B1 Model at eaves Twin Creeks starting at $1,500 with a $1.50 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mission Eagle Pointe | C1 | 3BR,2BA | $1.73 |
| eaves Twin Creeks | B1 | 2BR,1BA | $1.50 |
| The Carson at Twin Creeks | A2 | 1BR,1BA | $1.66 |
| Cortland at Twin Creeks | The Dayspring | 1BR,1BA | $1.75 |
| Sheridan Park at Spring Creek | 1X1A | 1BR,1BA | $1.66 |
| The Montgomery at Watters Creek | A2 | 1BR,1BA | $1.78 |
| Benton Pointe | Ashcroft | 1BR,1BA | $1.58 |
| Emerson at Ford Park | A1 | 1BR,1BA | $1.73 |
| Twin Creeks Crossing | A1 | 1BR,1BA | $1.64 |
| The Gio Apartments | A2 | 1BR,1BA | $1.64 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Parker Village, Allen, TX
School data provided by Great Schools
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
How much is rent for a Cheap One Bedroom Parker Village Apartment?
The lowest price for a Cheap One Bedroom Parker Village Apartment is $985 at Mission Eagle Pointe.
What is the lowest price for a Cheap Two Bedroom Parker Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parker Village is starting from $1,305 at The Gio Apartments.
What is the most affordable Parker Village Three Bedroom Apartment?
The best deal on a cheap Parker Village Three Bedroom Apartment rental is at The Gio Apartments and starts from $1,775.
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.
Helpful Local Expert Guides

The 10 Best Affordable Neighborhoods in Dallas, TX
Written by: Tiffany Clark
Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX
Written by: Tiffany Clark
According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers
Written by: Tiffany Clark
Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years
Written by: Tiffany Clark
My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.
Articles, How-To's, and Tips

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.