
Cheap Apartments for Rent in the Parker Lane Neighborhood of Austin, TX from $600 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parker Lane area of Austin.


1901 Crossing Pl, Unit 3203

Hillside Place

Verde Apartments

1901 Crossing Pl

1901 Crossing Pl

Vi Collina

Parker Lane Apartments

Hillside Creek

Forest Creek Apartments
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Chevy Chase Downs

Patten East

The Social Apartments

Treehouse Apartments

The Patten West

Point South and Bridgehollow

Oltera in SoEast

Coppertree

Emerson Apartments
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Lexington Hills

Ellie Apartments

Avonmora Apartments

Paradise Oaks Apartments

2314 Greenfield Pkwy

2500 Burleson Rd

Acclaim at South Congress

The Aspect

Sotol Riverside

Edison Austin
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2314 Parker Ln

Azul Lakeshore

The Zoey

2401 E Oltorf St
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2807 Parker Ln

2803 Parker Ln

2314 Greenfield Pkwy
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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 | $1,214 | $793 | $1,645 |
| Parker Lane 1 Bedroom Apartments | $1,107 | $650 | $2,527 |
| Parker Lane 2 Bedroom Apartments | $1,438 | $825 | $2,745 |
| Parker Lane 3 Bedroom Apartments | $1,651 | $958 | $2,632 |
| Parker Lane 4 Bedroom Apartments | $2,875 | $1,499 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 61 rentals with your search options within a 2 mile radius of the Parker Lane Neighborhood of Austin, TX.
See all Apartments in AustinExplore Austin
Parker Lane, Austin, TX Local Guide
- Nearby Austin neighborhoods
- Nearby Cities
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- Local Counties
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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 Verde Apartments priced from $650. Hillside Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Parker Lane apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Verde Apartments | A2 | 1BR,1BA | $650 |
| Hillside Place | A1 | 1BR,1BA | $650 |
| Vi Collina | A1 | 1BR,1BA | $674 |
| Hillside Creek | A1 | 1BR,1BA | $696 |
| Forest Creek Apartments | 1 Bedroom A2 | 1BR,1BA | $699 |
| Chevy Chase Downs | 1BR/1BA | 1BR,1BA | $699 |
| Treehouse Apartments | The 408 | Studio,1BA | $768 |
| The Social Apartments | The Chiller | 1BR,1BA | $768 |
| Array | The 700 | 1BR,1BA | $768 |
| Aero Riverside | A2 | 1BR,1BA | $770 |
Best Value Apartments for Rent in Parker Lane, TX
As of November 16, 2025 the best value apartment in the Parker Lane area is the $1.10 price per square foot 2708 Saint Edwards Cir Model at 2708 Saint Edwards Cir, Unit A in the in the Riverside neighborhood starting from $1,695. The second greatest value Parker Lane apartment is the D1 Model at Paradise Oaks Apartments starting at $1,750 with a $1.31 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2708 Saint Edwards Cir, Unit A | 2708 Saint Edwards Cir | 2BR,1BA | $1.10 |
| Paradise Oaks Apartments | D1 | 4BR,2BA | $1.31 |
| Acclaim at South Congress | 3 Bedroom 2 Bath | 3BR,2BA | $1.05 |
| Avonmora Apartments | 3 Bed, 2 Bath (80% Income Restricted) | 3BR,2BA | $0.99 |
| The Metropolis Apartments | B2 | 2BR,2BA | $1.21 |
| South Shore | The Villa: 2/2 (948) at South Shore | 2BR,2BA | $1.05 |
| Hillside Creek | B1 | 2BR,2BA | $1.22 |
| Forest Creek Apartments | 2 Bedroom B1 | 2BR,2BA | $1.30 |
| Vi Collina | B2 | 2BR,2BA | $1.22 |
| The Social Apartments | The Chiller | 1BR,1BA | $1.22 |
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleLocal Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin
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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.
Pet Friendly LifestyleParker Lane, Austin, TX
Ranked #129
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $770.
What is the price of a cheap apartment in Parker Lane?
The cheapest apartment in Parker Lane is Verde Apartments which is listed at $650, while the average apartment in Parker Lane costs $1,750.
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 150 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 $858 which is $892 cheaper than the average rent for all rentals in Parker Lane.
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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