
Cheap Homes for Rent in the Parker Village Neighborhood of Allen, TX from $1,300 (28 Rentals)
Search the lowest-cost Homes available for rent right now in the Parker Village area of Allen.


729 Junction Dr, Unit C313

729 Junction Dr, Unit A224

729 Junction Dr, Unit C101

729 Junction Dr, Unit A446

901 Wandering Way Dr

908 Wandering Way Dr
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.

729 Junction Dr, Unit A141

101 Greeting Gate Ln

528 Post Oak Ln

1311 Petunia Dr

302 Young Dr

534 Oldbridge Dr

563 Cumberland Dr
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.

556 Hanover Dr

729 Junction Dr, Unit D300

729 Junction Dr, Unit A352

630 Valley View Dr

924 Meadow Mead Dr

629 Wandering Way Dr

919 Cypress Dr
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.

154 W Way Cir

651 North Watters Road, Unit 2307

1410 Flameleaf Dr

1207 Cedar Springs Dr

900 Rivercrest Blvd

558 Ridgemont Dr

738 Ridgemont Dr
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.
Parker Village, Allen, TX Local Guide

How much does it cost to rent a home in Parker Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parker Village 2 Bedroom Homes for Rent | $2,379 | $1,900 | $2,695 |
| Parker Village 3 Bedroom Homes for Rent | $2,673 | $1,700 | $5,700 |
| Parker Village 4 Bedroom Homes for Rent | $3,114 | $2,100 | $5,625 |
| Parker Village 5 Bedroom Homes for Rent | $3,825 | $2,540 | $7,000 |
| Parker Village 6 Bedroom Homes for Rent | $4,950 | $4,400 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 28 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 $969. Mission Eagle Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,065. 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 | $969 |
| Mission Eagle Pointe | A1 | 1BR,1BA | $1,065 |
| The Cortona | A2 | 1BR,1BA | $1,135 |
| Twin Creeks Crossing | A5 | 1BR,1BA | $1,140 |
| The Montgomery at Watters Creek | A3 | 1BR,1BA | $1,150 |
| Benton Pointe | Ashcroft | 1BR,1BA | $1,152 |
| Emerson at Ford Park | A1 | 1BR,1BA | $1,160 |
| Sheridan Park at Spring Creek | 1X1A | 1BR,1BA | $1,181 |
| Lofts at Watters Creek Apartments | Building V VA1 | 1BR,1BA | $1,190 |
| Promenade Apartments | A6 80% | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Parker Village, TX
As of July 09, 2026 the best value apartment in the Parker Village area is the $1.67 price per square foot The Watters Model at Cortland at Twin Creeks in the in the Twin Creeks neighborhood starting from $2,103. The second greatest value Parker Village apartment is the C1 Model at Mission Eagle Pointe starting at $1,975 with a $1.59 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 | $1.67 |
| Mission Eagle Pointe | C1 | 3BR,2BA | $1.59 |
| The Carson at Twin Creeks | B1 | 2BR,2BA | $1.69 |
| DeLayne at Twin Creeks | B1 | 2BR,1BA | $1.55 |
| Tuscany Villas | The Verona | 2BR,2BA | $1.31 |
| The Cortona | A3 | 1BR,1BA | $1.67 |
| Sheridan Park at Spring Creek | 1X1B | 1BR,1BA | $1.69 |
| Benton Pointe | Brighton | 1BR,1BA | $1.70 |
| eaves Twin Creeks | A2 | 1BR,1BA | $1.66 |
| The Gio Apartments | A2 | 1BR,1BA | $1.58 |
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 ArticleReal 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.
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
Frequently Asked Questions about Parker Village
What type of rentals are currently available in Parker Village?
There are currently 53 Apartments for Rent in Parker Village, TX with pricing that ranges from $982 to $15,927. There are also 143 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parker Village ranging from $1,350 to $7,000.
What is the current price range for Rental Homes in Parker Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parker Village ranges from $1,350 to $7,000 with an average monthly rent of $3,048.
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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.