
Cheap Homes for Rent in Parker Village Neighborhood of Allen, TX from $600 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Parker Village area of Allen.


925 Honeysuckle Ln

729 Junction Dr, Unit C313

729 Junction Dr, Unit A224

729 Junction Dr, Unit C101

729 Junction Dr, Unit A446

6728 K Ave
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

901 Wandering Way Dr

1614 Collin Dr

528 Post Oak Ln

546 Cumberland Dr

302 Young Dr

556 Hawthorne 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.

507 Cumberland Dr

535 Windsor Dr

606 Valley View Dr

908 Wandering Way Dr

556 Hanover Dr

729 Junction Dr, Unit D300

729 Junction Dr, Unit A352
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.

551 Hightrail Dr
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 | $2,325 | $1,695 | $3,200 |
| Parker Village 3 Bedroom Homes for Rent | $2,728 | $1,800 | $5,700 |
| Parker Village 4 Bedroom Homes for Rent | $3,099 | $2,200 | $5,000 |
| Parker Village 5 Bedroom Homes for Rent | $4,986 | $2,695 | $9,500 |
| Parker Village 6 Bedroom Homes for Rent | $2,574 | $649 | $4,500 |
Browse Homes for Rent 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.
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Parker Village, Allen, TX Local Guide
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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 Studio unit found at Opal Legacy Central priced from $1,054. Sheridan Park at Spring Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,072. Here are the most affordable Parker Village apartments for rent in Dallas, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Opal Legacy Central | S1 ESSENTIAL LIVING | Studio,1BA | $1,054 |
| Sheridan Park at Spring Creek | 1X1B | 1BR,1BA | $1,072 |
| Twin Creeks Crossing | A2 | 1BR,1BA | $1,100 |
| Mission Eagle Pointe | A2 | 1BR,1BA | $1,100 |
| The Carson at Twin Creeks | A3 | 1BR,1BA | $1,120 |
Best Value Apartments for Rent in Parker Village, TX
As of May 25, 2026 the best value apartment in the Parker Village area is the $1.69 price per square foot 3X2A Model at Sheridan Park at Spring Creek in the in the Royal Oaks neighborhood starting from $2,127. The second greatest value Parker Village apartment is the Two-Bedroom (B1) Model at Axis at Watters Creek starting at $1,841 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. |
|---|---|---|---|
| Sheridan Park at Spring Creek | 3X2A | 3BR,2BA | $1.69 |
| Axis at Watters Creek | Two-Bedroom (B1) | 2BR,2BA | $1.72 |
| The Link at Twin Creeks | A7 | 1BR,1BA | $1.70 |
| Twin Creeks Crossing | B1 | 2BR,2BA | $1.66 |
| Emerson at Ford Park | B1 | 2BR,2BA | $1.55 |
| Cortland at Twin Creeks | The Glendover | 2BR,1BA | $1.61 |
| The Carson at Twin Creeks | A1 | 1BR,1BA | $1.69 |
| Mission Eagle Pointe | A1 | 1BR,1BA | $1.70 |
| 301 Greenville | A1 Premium | 1BR,1BA | $1.63 |
| eaves Twin Creeks | A1 | 1BR,1BA | $1.70 |
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 51 Apartments for Rent in Parker Village, TX with pricing that ranges from $1,052 to $18,040. There are also 121 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parker Village ranging from $649 to $9,500.
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 $649 to $9,500 with an average monthly rent of $2,843.
How much are larger Three and Four Bedroom Rentals in Parker Village?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parker Village range from $1,885 to $3,654, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $5,700. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $10,000.
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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