Cheap Apartments for Rent in the Parker Lane Neighborhood of Austin, TX from $600 (49 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Parker Lane area of Austin.

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

close
View Me
Aero Riverside
1 to 2 Bedroom Apartments

Aero Riverside

2201 Willow Creek DrAustin, TX 78741
close
View Me
Alister Apartments
Studio to 1 Bedroom Apartments

Alister Apartments

1845 Burton DrAustin, TX 78741

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
Array
1 to 3 Bedroom Apartments

Array

2101 Burton DrAustin, TX 78741
close
View Me
Chandelier
1 to 2 Bedroom Apartments

Chandelier

2336 Douglas StAustin, TX 78741
close
View Me
Point South
Studio to 4 Bedroom Apartments

Point South

2200 Willow Creek DrAustin, TX 78741
close
View Me
Whisper Hollow
Studio to 2 Bedroom Apartments

Whisper Hollow

3300 Parker LnAustin, TX 78741
close
View Me
High Point Village
1 to 2 Bedroom Apartments

High Point Village

2400 Wickersham LnAustin, TX 78741

Austin's Best Affordable Neighborhoods

Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

close
View Me
Verde Apartments
1 to 2 Bedroom Apartments

Verde Apartments

2310 Wickersham LnAustin, TX 78741
close
View Me
Daffodil Apartments
2 Bedroom Apartments

Daffodil Apartments

6009 Daffodil DrAustin, TX 78744
  • Utilities Included
property at 2314 Parker Ln

2314 Parker Ln

AustinTX78741
close
View Me
Altura
1 to 2 Bedroom Apartments

Altura

1911-1911 Willow Creek DrAustin, TX 78741
close
View Me
Burl North
2 Bedroom Apartments

Burl North

2507 Burleson CtAustin, TX 78741

Parker Lane, Austin, TX Local Guide

Cheapest Available Parker Lane Apartments for Rent

 

The cheapest available apartment rental in the Parker Lane area of Austin, TX is a 1 Bed unit found at Aero Riverside priced from $665. The Patten West has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Parker Lane apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Aero RiversideA41BR,1BA$665
The Patten West11ALStudio,1BA$749
Forest Creek Apartments1 Bedroom A21BR,1BA$750
Hillside CreekA11BR,1BA$760
CoppertreeCoventry1BR,1BA$769
Parker Lane ApartmentsTwo Bedroom2BR,2BA$770
Emerson ApartmentsSTUDIOStudio,1BA$775
South ShoreThe Cabana: studio at Avesta South ShoreStudio,1BA$790
Chevy Chase Downs1BR/1BA1BR,1BA$799
The Patten EastThe Vaughn1BR,1BA$800

Best Value Apartments for Rent in Parker Lane, TX

As of June 17, 2025 the best value apartment in the Parker Lane area is the $1.33 price per square foot C1R Model at The Aspect in the in the Oltorf-East Riverside neighborhood starting from $1,850. The second greatest value Parker Lane apartment is the B3 Model at Hillside Creek starting at $1,389 with a $1.33 price per square foot in the South River City neighborhood. Here is today’s list of the best values for Parker Lane apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The AspectC1R3BR,2BA$1.33
Hillside CreekB32BR,2BA$1.33
Parker Lane ApartmentsTwo Bedroom2BR,2BA$0.75
CoppertreeCromwell2BR,2BA$1.33
Polaris on the Park - Renovated Apartments1 Bedroom1BR,1BA$1.39
The Metropolis ApartmentsA1BR,1BA$1.37
Forest Creek Apartments1 Bedroom A11BR,1BA$1.19
Vi CollinaA11BR,1BA$1.40
The Social ApartmentsThe Chiller1BR,1BA$1.47
Alister Apartments11B1BR,1BA$1.30

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Parker Lane, Austin, TX

Ranked #110

Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

Our team is proud to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Parker Lane, Austin, and the greater Austin area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Parker Lane Neighborhood in Austin, TX

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

58 / 100

Bikeable

Some bike infrastructure

Transit Score®

40 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Parker Lane Apartments

What is the Cheapest Studio apartment in Parker Lane?

Currently the most affordable Cheap Studio Apartment in Parker Lane is at The Patten West listed at $749.

How much is rent for a Cheap One Bedroom Parker Lane Apartment?

The lowest price for a Cheap One Bedroom Parker Lane Apartment is $665 at Aero Riverside.

What is the lowest price for a Cheap Two Bedroom Parker Lane Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Parker Lane is starting from $770 at Parker Lane Apartments.

What is the most affordable Parker Lane Three Bedroom Apartment?

The best deal on a cheap Parker Lane Three Bedroom Apartment rental is at Parker Lane Apartments and starts from $893.

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.

decorative image for The 10 Best Affordable Neighborhoods in Austin, TX article

The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.