Cheap Homes for Rent in Parker Village Neighborhood of Allen, TX from $800 (69 Rentals)

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

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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.

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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 Montgomery at Watters Creek priced from $943. The Cortona has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,074. Here are the most affordable Parker Village apartments for rent in Dallas, TX:

Apartment ListingModel NameBed/BathPriced From
The Montgomery at Watters CreekA21BR,1BA$943
The CortonaA11BR,1BA$1,074
Mission Eagle PointeA21BR,1BA$1,075
301 GreenvilleA1 Premium1BR,1BA$1,100
Promenade ApartmentsA31BR,1BA$1,100
Sheridan Park at Spring Creek1X1A1BR,1BA$1,106
Opal Legacy CentralS1 ESSENTIAL LIVINGStudio,1BA$1,120
Inkwell Watters CreekA1D1BR,1BA$1,127
The Gio ApartmentsA31BR,1BA$1,131
Benton PointeBrighton1BR,1BA$1,160

Best Value Apartments for Rent in Parker Village, TX

As of September 16, 2025 the best value apartment in the Parker Village area is the $1.78 price per square foot C1 Model at The Link at Twin Creeks in the in the Twin Creeks neighborhood starting from $2,523. The second greatest value Parker Village apartment is the C1 Model at Mission Eagle Pointe starting at $2,085 with a $1.67 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.
The Link at Twin CreeksC13BR,2BA$1.78
Mission Eagle PointeC13BR,2BA$1.67
Knox Allen StationThe Chandler2BR,2BA$1.51
eaves Twin CreeksA31BR,1BA$1.55
Cortland at Twin CreeksThe Dayspring1BR,1BA$1.71
The Carson at Twin CreeksA11BR,1BA$1.69
DeLayne at Twin CreeksA21BR,1BA$1.76
The CortonaA111BR,1BA$1.59
301 GreenvilleA1 Premium1BR,1BA$1.56
Sheridan Park at Spring Creek1X1A1BR,1BA$1.53

Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Parker Village, Allen, TX

Ranked #4

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $958 to $16,908. There are also 248 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parker Village ranging from $850 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 $850 to $7,000 with an average monthly rent of $3,065.

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 $1,872 to $2,769, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $4,900. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $10,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.