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$649 - $1,3991 to 2 Bedroom Apartments Available Now
Chevy Chase Downs
2504 Huntwick DrAustin, TX 78741
Cheap Apartments for Rent in the Parker Lane Neighborhood of Austin, TX from $500 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parker Lane area of Austin.
1901 Crossing Pl
AustinTX78741
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$674 - $2,4741 to 3 Bedroom Apartments Available Now
Vi Collina
2401 E Oltorf StAustin, TX 78741
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$694 - $1,299Studio to 4 Bedroom Apartments Available Now
Point South and Bridgehollow
1910 Willow Creek DrAustin, TX 78741
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$699 - $1,1991 to 2 Bedroom Apartments Available Now
Coppertree Apartment Homes
2425 Cromwell CirAustin, TX 78741
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$750 - $1,1401 to 2 Bedroom Apartments Available Now
Forest Creek Apartments
1401 Saint Edwards DrAustin, TX 78704
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$777 - $1,5491 to 2 Bedroom Apartments Available Now
Hillside Creek
1730-1730 E Oltorf StAustin, TX 78741
Room in Condo on Timber Ridge Rd
1720 Timber Ridge Rd
AustinTX78741
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$799 - $2,2211 to 4 Bedroom Apartments Available Aug 5
Paradise Oaks Apartments
1500 Faro DrAustin, TX 78741
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$799 - $1,0841 to 2 Bedroom Apartments Available Now
Lexington Hills
2430 Cromwell CirAustin, TX 78741
Keep Austin Affordable: A Renter's Guide to the Best Suburbs Around the City
Round Rock, Buda, Cedar Park, and more — Austin's surrounding metros offer incredible value for renters. Our local expert compares the best surrounding cities so you can find more space, lower rent, and a great quality of life just minutes from the city.
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$813 - $1,463Studio to 2 Bedroom Apartments Available Now
Treehouse Apartments
2501 Wickersham LnAustin, TX 78741
2319 Greenfield Pkwy
AustinTX78741
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$849 - $1,575
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1 to 2 Bedroom Apartments Available Aug 19Total Monthly Price
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$849 - $1,575
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$849 - $1,575
Lyv Austin
2207 Wickersham LnAustin, TX 78741
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$869 - $1,448Studio to 2 Bedroom Apartments Available Now
Whisper Hollow
3300 Parker LnAustin, TX 78741
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$870 - $1,4901 to 2 Bedroom Apartments Available Now
High Point Village
2400 Wickersham LnAustin, TX 78741
2414 Ventura Dr
AustinTX78741
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$874 - $1,2491 to 2 Bedroom Apartments Available Soon
Burl Apartments
2414 Ventura DrAustin, TX 78741
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$875 - $2,0021 to 3 Bedroom Apartments Available Now
Acclaim at South Congress
701 Woodward StAustin, TX 78704
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$899 - $1,0491 to 2 Bedroom Apartments Available Now
Polaris on the Park
1710-1720 Woodward StAustin, TX 78741
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$917 - $1,5261 to 2 Bedroom Apartments Available Now
Ellie Apartments
2900 Sunridge DrAustin, TX 78741
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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$940 - $1,506Studio to 3 Bedroom Apartments Available Now
The Social
1817 E Oltorf StAustin, TX 78741
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$960 - $2,0651 to 3 Bedroom Apartments Available Now
The Aspect
4900 E Oltorf StAustin, TX 78741
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$995
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$995
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3003 Parker Ln
3003 Parker LnAustin, TX 78741
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$1,039 - $3,800
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$1,039 - $3,800
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Oltera in SoEast
4404 E Oltorf StAustin, TX 78741
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$1,100
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$1,100
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$1,100
2500 Burleson Rd, Unit Apt 519
2500 Burleson RdAustin, TX 78741
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$1,112 - $2,624
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$1,112 - $2,624
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Azul Lakeshore
1201 Lady Bird LnAustin, TX 78741
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$1,112 - $1,4991 to 3 Bedroom Apartments Available Now
Parker Lane Apartments
2105 Parker LnAustin, TX 78741
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$1,2001 Bedroom Apartments Available Now
Room in Apartment on Riverside Farms Rd
2000 Riverside Farms RdAustin, TX 78741
2208 Mission Hill Dr
AustinTX78741
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1 to 3 Bedroom Apartments
Array
2101 Burton DrAustin, TX 78741
The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX
Moving to Austin? Get an insider’s guide to managing costs in the Music Capitol. Discover which affordable ATX neighborhoods fit your budget and lifestyle.
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Studio to 3 Bedroom Apartments
Emerson Apartments at Town Lake
1919 Burton DrAustin, TX 78741
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1 to 2 Bedroom Apartments
Patten East
2239 Cromwell CirAustin, TX 78741
1901 Crossing Pl
AustinTX78741
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Verde Apartments
2310 Wickersham LnAustin, TX 78741
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1 to 2 Bedroom Apartments
Aero Riverside
2201 Willow Creek DrAustin, TX 78741
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Studio to 2 Bedroom Apartments
South Shore
2005 Willow Creek DrAustin, TX 78741
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1 to 3 Bedroom Apartments
Hillside Place
4821 E Riverside DrAustin, TX 78741
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Studio to 4 Bedroom Apartments
Point South
2200 Willow Creek DrAustin, TX 78741
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1 to 2 Bedroom Apartments
Chandelier
2336 Douglas StAustin, TX 78741
2124 Burton Dr
AustinTX78741
Beyond "Keep Austin Weird": Your Insider's Ultimate Guide to Renting and Living in Austin, Texas
Moving to Austin, TX? We are Here to Help. Our Local Expert Breaks Down the Commute reality, Renting Around the City, the Job Scene, and Shares Recommendations for 5 Great Austin Neighborhoods You Should Explore First.
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1 to 2 Bedroom Apartments
Altura
1911-1911 Willow Creek DrAustin, TX 78741
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1 to 2 Bedroom Apartments
Montecito
3111 Parker LnAustin, TX 78741
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1 to 2 Bedroom Apartments
Trio
2317 S Pleasant Valley RdAustin, TX 78741
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2 Bedroom Apartments
Daffodil Apartments
6009 Daffodil DrAustin, TX 78744
2500 Burleson Rd, Unit 609
2500 Burleson Rd
AustinTX78741
3003 Parker Ln, Unit D
3003 Parker Ln
AustinTX78741
3003 Parker Ln
AustinTX78741
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Studio to 1 Bedroom Apartments
Mariposa Flats
1901 Mariposa DrAustin, TX 78741
4500 E Oltorf St
AustinTX78741
2500 Burleson Rd
AustinTX78741
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Parker Lane, Austin, TX Local Guide
How much does it cost to rent an apartment in Parker Lane?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parker Lane Studio Apartments | $1,069 | $694 | $1,648 |
| Parker Lane 1 Bedroom Apartments | $1,059 | $649 | $2,575 |
| Parker Lane 2 Bedroom Apartments | $1,293 | $899 | $2,624 |
| Parker Lane 3 Bedroom Apartments | $1,561 | $1,299 | $2,474 |
| Parker Lane 4 Bedroom Apartments | $1,652 | $1,299 | $2,295 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 59 rentals with your search options within a 2 mile radius of the Parker Lane Neighborhood of Austin, TX.
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Parker Lane, Austin, TX Local Guide
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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 Array priced from $565. Emerson Apartments at Town Lake has the second lowest priced unit, which is a Studio apartment currently listed from $599. Here are the most affordable Parker Lane apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Array | The 700 | 1BR,1BA | $565 |
| Emerson Apartments at Town Lake | StudioER | Studio,1BA | $599 |
| Chevy Chase Downs | 1BR/1BA | 1BR,1BA | $649 |
| Vi Collina | A1 | 1BR,1BA | $674 |
| Point South and Bridgehollow | Efficiency | Studio,1BA | $694 |
| Coppertree Apartment Homes | Coventry | 1BR,1BA | $699 |
| Verde Apartments | A1 | 1BR,1BA | $699 |
| Patten East | 2x1C | 2BR,1BA | $724 |
| Forest Creek Apartments | 1 Bedroom A2 | 1BR,1BA | $750 |
| Hillside Creek | A1 | 1BR,1BA | $777 |
Best Value Apartments for Rent in Parker Lane, TX
As of August 04, 2026 the best value apartment in the Parker Lane area is the $1.07 price per square foot The 1427 Model at Array in the in the South River City neighborhood starting from $1,524. The second greatest value Parker Lane apartment is the 2 Bedroom B2 Model at Forest Creek Apartments starting at $1,140 with a $1.14 price per square foot in the Riverside neighborhood. Here is today’s list of the best values for Parker Lane apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Array | The 1427 | 3BR,2BA | $1.07 |
| Forest Creek Apartments | 2 Bedroom B2 | 2BR,2BA | $1.14 |
| South Shore | The Retreat: 2/2 (912) at South Shore | 2BR,2BA | $1.21 |
| Vi Collina | B2 | 2BR,2BA | $1.22 |
| The Aspect | B1IR | 2BR,1BA | $1.17 |
| Acclaim at South Congress | 1 Bedroom 1 Bath | 1BR,1BA | $1.13 |
| Polaris on the Park | 1 Bedroom | 1BR,1BA | $1.25 |
| Hillside Place | A1 | 1BR,1BA | $1.25 |
| Hillside Creek | A1 | 1BR,1BA | $1.28 |
| Chevy Chase Downs | 1BR/1BA | 1BR,1BA | $1.24 |
Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers
The Austin job market is booming, but where should you live? Discover the most affordable and charming neighborhoods that put you minutes from Dell Seton, IBM, and Dell.
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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 ArticleLocal Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Austin, TX metro area for affordable living. Find your perfect Austin Student apartment, condo, or rental home today at ApartmentHomeliving.com
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.
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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!
Frequently Asked Questions about Cheap Parker Lane Apartments
What is a cheap apartment in Parker Lane?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parker Lane is under $777.
What is the price of a cheap apartment in Parker Lane?
The cheapest apartment in Parker Lane is Array which is listed at $565, while the average apartment in Parker Lane costs $1,087.
What types of apartments are the cheapest in Parker Lane?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 56 regular apartments in Parker Lane that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Parker Lane?
Cheap apartments in Parker Lane have an average cost of $371 which is $716 cheaper than the average rent for all rentals in Parker Lane.
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
Where to Stay in Austin: The Best Neighborhoods for Short-Term Rentals
Written by: Raul Mercado
I’m Raul, your ApartmentHomeLiving.com local expert for Austin. After living in Austin for more than 10 years, I’ve seen firsthand how the short term rental scene has changed in the live music capital of the world.
Keep Austin Affordable: A Renter's Guide to the Best Suburbs Around the City
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I’m Raul, your ApartmentHomeLiving.com local expert for Austin.
The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX
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I’m Raul, your ApartmentHomeLiving.com local expert for Austin. I spend most of my time helping people understand what it actually costs to live in the music capital of Texas and where the best places to settle are.
Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers
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Hello! I’m Raul, your ApartmentHomeLiving.com local expert for Austin, Texas. I’ve spent years exploring Austin’s neighborhoods throughout my time living in this great city in different apartments and homes.
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Rent According to Income: A Look at Income-Restricted Rentals
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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.