Cheap Apartments for Rent in the Parker Lane Neighborhood of Austin, TX from $600 (60 Rentals)

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

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Lyv Austin
Rent Specials
$649 - $1,520
Total Monthly Price

Total Monthly Price

Base Rent
$649 - $1,520

Total Monthly Price
$649 - $1,520
1 to 2 Bedroom Apartments Available Now

Lyv Austin

2207 Wickersham LnAustin, TX 78741
Affordability
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Oltera in SoEast
Rent Specials
$972 - $1,866
Total Monthly Price

Total Monthly Price

Base Rent
$972 - $1,866

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Oltera in SoEast

4404 E Oltorf StAustin, TX 78741
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Azul Lakeshore
Rent Specials
$1,137 - $2,710
Total Monthly Price

Total Monthly Price

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$1,137 - $2,710

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Azul Lakeshore

1201 Lady Bird LnAustin, TX 78741
Active Lifestyle
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The Zoey
Rent Specials
$1,218 - $3,349
Total Monthly Price

Total Monthly Price

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$1,218 - $3,349

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

The Zoey

5700 E Riverside DrAustin, TX 78741
Affordability
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Patten East
1 to 2 Bedroom Apartments

Patten East

2239 Cromwell CirAustin, TX 78741
Corporate Housing

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Array
1 to 3 Bedroom Apartments

Array

2101 Burton DrAustin, TX 78741
Corporate Housing
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Verde Apartments
1 to 2 Bedroom Apartments

Verde Apartments

2310 Wickersham LnAustin, TX 78741
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Aero Riverside
1 to 2 Bedroom Apartments

Aero Riverside

2201 Willow Creek DrAustin, TX 78741
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Hillside Place
1 to 3 Bedroom Apartments

Hillside Place

4821 E Riverside DrAustin, TX 78741
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South Shore
Studio to 2 Bedroom Apartments

South Shore

2005 Willow Creek DrAustin, TX 78741
Student Housing
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Trio
1 to 2 Bedroom Apartments

Trio

2317 S Pleasant Valley RdAustin, TX 78741
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Point South
Studio to 4 Bedroom Apartments

Point South

2200 Willow Creek DrAustin, TX 78741
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Chandelier
1 to 2 Bedroom Apartments

Chandelier

2336 Douglas StAustin, TX 78741
property at 2124 Burton Dr

$890 - $1,600

Studio To 2 Bedroom Rentals

Available Now

2124 Burton Dr

AustinTX78741

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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.

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Montecito
1 to 2 Bedroom Apartments

Montecito

3111 Parker LnAustin, TX 78741
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Daffodil Apartments
2 Bedroom Apartments

Daffodil Apartments

6009 Daffodil DrAustin, TX 78744
  • Utilities Included
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Mariposa Flats
Studio to 1 Bedroom Apartments

Mariposa Flats

1901 Mariposa DrAustin, TX 78741
property at 2500 Burleson Rd

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

1 Bedroom, 1 Bath Condo for Rent

Available Now

2500 Burleson Rd, Unit 210

2500 Burleson Rd
AustinTX78741
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Burl North
1 to 2 Bedroom Apartments

Burl North

2507 Burleson CtAustin, TX 78741
property at 2500 Burleson Rd

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

1 Bedroom, 1 Bath Condo for Rent

Available Now

2500 Burleson Rd, Unit 609

2500 Burleson Rd
AustinTX78741

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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 Array priced from $642. Point South and Bridgehollow has the second lowest priced unit, which is a Studio apartment currently listed from $694. Here are the most affordable Parker Lane apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
ArrayThe 7001BR,1BA$642
Point South and BridgehollowEfficiencyStudio,1BA$694
Coppertree Apartment HomesCoventry1BR,1BA$699
Patten East1x1D1BR,1BA$726
Whisper HollowOne Bed / One Bath1BR,1BA$775
Treehouse ApartmentsThe 408Studio,1BA$783
Aero RiversideA21BR,1BA$789
South ShoreThe Oasis: 1/1 at Avesta South Shore1BR,1BA$799
Chevy Chase Downs1BR/1BA1BR,1BA$799
Paradise Oaks ApartmentsA11BR,1BA$799

Best Value Apartments for Rent in Parker Lane, TX

As of June 20, 2026 the best value apartment in the Parker Lane area is the $1.19 price per square foot The 1427 Model at Array in the in the South River City neighborhood starting from $1,702. The second greatest value Parker Lane apartment is the 4 Bed, 2 Bath (60% Income Restricted) Model at Avonmora Apartments starting at $1,656 with a $1.16 price per square foot in the Oltorf-East Riverside 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.
ArrayThe 14273BR,2BA$1.19
Avonmora Apartments4 Bed, 2 Bath (60% Income Restricted)4BR,2BA$1.16
The AspectC1R3BR,2BA$1.19
Paradise Oaks ApartmentsD14BR,2BA$1.16
Acclaim at South Congress3 Bedroom 2 Bath3BR,2BA$1.05
Lyv AustinB42BR,2BA$1.26
Forest Creek Apartments2 Bedroom B12BR,2BA$1.17
South ShoreThe Oasis: 1/1 at Avesta South Shore1BR,1BA$1.14
Hillside PlaceA11BR,1BA$1.25
Patten East1x1D1BR,1BA$1.26

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Local 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

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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 $799.

What is the price of a cheap apartment in Parker Lane?

The cheapest apartment in Parker Lane is Array which is listed at $642, while the average apartment in Parker Lane costs $1,600.

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 64 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 $377 which is $1,223 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.

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