
Cheap Apartments for Rent in the Parker Village Neighborhood of Allen, TX from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parker Village area of Allen.


403 W Main St

The Jove Apartment Homes

Mission Eagle Pointe

Twin Creeks Crossing

Benton Pointe

Inkwell Watters Creek
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.

The Carson at Twin Creeks

DeLayne at Twin Creeks

THE REFLECTION AT MONTGOMERY RIDGE

The Montgomery at Watters Creek

Axis at Watters Creek

Lofts at Watters Creek Apartments

Larkspur at Twin Creeks
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.

The Gio Apartments

Opal Legacy Central

Promenade Apartments

The Cortona

MAA Fairview
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.

Tuscany Villas at Chase Oaks Senior Community
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 | $1,076 | $1,030 | $1,130 |
| Parker Village 1 Bedroom Apartments | $1,476 | $999 | $3,459 |
| Parker Village 2 Bedroom Apartments | $1,879 | $1,199 | $4,246 |
| Parker Village 3 Bedroom Apartments | $2,347 | $1,790 | $3,254 |
| Parker Village 4 Bedroom Apartments | $5,556 | $5,556 | $5,556 |
Browse Apartments in this Neighborhood
There are currently 22 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 301 Greenville priced from $799. The Gio Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $987. Here are the most affordable Parker Village apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 301 Greenville | A1 | 1BR,1BA | $799 |
| The Gio Apartments | A2 | 1BR,1BA | $987 |
| Twin Creeks Crossing | A1 | 1BR,1BA | $1,090 |
| Promenade Apartments | A3 | 1BR,1BA | $1,100 |
| Mission Eagle Pointe | A2 | 1BR,1BA | $1,105 |
Best Value Apartments for Rent in Parker Village, TX
As of January 04, 2026 the best value apartment in the Parker Village area is the $1.58 price per square foot D2 Model at The Gio Apartments in the in the Royal Oaks neighborhood starting from $2,102. The second greatest value Parker Village apartment is the The Watters Model at Cortland at Twin Creeks starting at $2,174 with a $1.72 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. |
|---|---|---|---|
| The Gio Apartments | D2 | 3BR,2BA | $1.58 |
| Cortland at Twin Creeks | The Watters | 3BR,2BA | $1.72 |
| Mission Eagle Pointe | C1 | 3BR,2BA | $1.69 |
| Knox Allen Station | The Depot | 2BR,2BA | $1.58 |
| eaves Twin Creeks | B1 | 2BR,1BA | $1.62 |
| The Carson at Twin Creeks | A3 | 1BR,1BA | $1.56 |
| 301 Greenville | A1 Premium | 1BR,1BA | $1.56 |
| The Cortona | A2 | 1BR,1BA | $1.68 |
| Twin Creeks Crossing | A2 | 1BR,1BA | $1.71 |
| Benton Pointe | Ashcroft | 1BR,1BA | $1.63 |
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.
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
What is the price of a cheap apartment in Parker Village?
The cheapest apartment in Parker Village is 301 Greenville which is listed at $799, while the average apartment in Parker Village costs $5,424.
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 83 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 $459 which is $4,965 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.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

