
Cheap Apartments for Rent in the Parker Village Neighborhood of Allen, TX from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parker Village area of Allen.


1016 Midland Dr

The Jove Apartment Homes

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Mission Eagle Pointe

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Benton Pointe

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Twin Creeks Crossing

Emerson at Ford Park

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The Carson at Twin Creeks
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THE REFLECTION AT MONTGOMERY RIDGE

Dove Hollow

DeLayne at Twin Creeks

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Axis at Watters Creek

The Montgomery at Watters Creek

Knox Allen Station

Lofts at Watters Creek Apartments

eaves Twin Creeks
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The Gio Apartments

7200 Chase Oaks Blvd

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The Cortona

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Promenade Apartments

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Opal Legacy Central

Sheridan Park at Spring Creek

MAA Fairview

Tuscany Villas at Chase Oaks Senior Community
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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.
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 | $1,203 | $1,152 | $1,252 |
| Parker Village 1 Bedroom Apartments | $1,453 | $999 | $3,229 |
| Parker Village 2 Bedroom Apartments | $1,838 | $1,159 | $3,098 |
| Parker Village 3 Bedroom Apartments | $2,421 | $1,839 | $3,267 |
| Parker Village 4 Bedroom Apartments | $7,057 | $7,057 | $7,057 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 3 mile radius of the Parker Village Neighborhood of Allen, TX.
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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 The Gio Apartments priced from $989. The Jove Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Parker Village apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Gio Apartments | A3 | 1BR,1BA | $989 |
| The Jove Apartment Homes | One Bedroom | 1BR,1BA | $1,050 |
| Mission Eagle Pointe | A1 | 1BR,1BA | $1,065 |
| The Cortona | A2 | 1BR,1BA | $1,083 |
| 301 Greenville | A1 Premium | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Parker Village, TX
As of February 23, 2026 the best value apartment in the Parker Village area is the $1.76 price per square foot The Watters Model at Cortland at Twin Creeks in the in the Twin Creeks neighborhood starting from $2,224. The second greatest value Parker Village apartment is the B2 Model at Emerson at Ford Park starting at $1,680 with a $1.70 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. |
|---|---|---|---|
| Cortland at Twin Creeks | The Watters | 3BR,2BA | $1.76 |
| Emerson at Ford Park | B2 | 2BR,2BA | $1.70 |
| Dove Hollow | B-2 | 2BR,1.5BA | $1.56 |
| eaves Twin Creeks | A3 | 1BR,1BA | $1.61 |
| Mission Eagle Pointe | A1 | 1BR,1BA | $1.46 |
| The Cortona | A11 | 1BR,1BA | $1.61 |
| 301 Greenville | A1 Premium | 1BR,1BA | $1.56 |
| DeLayne at Twin Creeks | A1 | 1BR,1BA | $1.76 |
| Benton Pointe | Ashcroft | 1BR,1BA | $1.63 |
| Twin Creeks Crossing | A1 | 1BR,1BA | $1.71 |
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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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 $989 at The Gio Apartments.
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 $1,150 at The Jove Apartment Homes.
What is the most affordable Parker Village Three Bedroom Apartment?
The best deal on a cheap Parker Village Three Bedroom Apartment rental is at Benton Pointe and starts from $1,839.
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

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.

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.