Cheap Homes for Rent in the Parker Village Neighborhood of Allen, TX from $1,300 (28 Rentals)

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

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.

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

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.

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.

property at 651 North Watters Road

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

3 Bedroom, 2 Bath Condo for Rent

Available Now

651 North Watters Road, Unit 2307

651 North Watters Road
AllenTX75013
property at 1410 Flameleaf Dr

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

3 Bedroom, 2 Bath Home for Rent

Available Now

1410 Flameleaf 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.

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 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 ListingModel NameBed/BathPriced From
The Gio ApartmentsA31BR,1BA$969
Mission Eagle PointeA11BR,1BA$1,065
The CortonaA21BR,1BA$1,135
Twin Creeks CrossingA51BR,1BA$1,140
The Montgomery at Watters CreekA31BR,1BA$1,150
Benton PointeAshcroft1BR,1BA$1,152
Emerson at Ford ParkA11BR,1BA$1,160
Sheridan Park at Spring Creek1X1A1BR,1BA$1,181
Lofts at Watters Creek ApartmentsBuilding V VA11BR,1BA$1,190
Promenade ApartmentsA6 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cortland at Twin CreeksThe Watters3BR,2BA$1.67
Mission Eagle PointeC13BR,2BA$1.59
The Carson at Twin CreeksB12BR,2BA$1.69
DeLayne at Twin CreeksB12BR,1BA$1.55
Tuscany VillasThe Verona2BR,2BA$1.31
The CortonaA31BR,1BA$1.67
Sheridan Park at Spring Creek1X1B1BR,1BA$1.69
Benton PointeBrighton1BR,1BA$1.70
eaves Twin CreeksA21BR,1BA$1.66
The Gio ApartmentsA21BR,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.

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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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Quick 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.

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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.

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