Cheap Apartments for Rent in the Parker Lane Neighborhood of Austin, TX from $300 (42 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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Alister Apartments
Studio to 2 Bedroom Apartments

Alister Apartments

1845 Burton DrAustin, TX 78741

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Verde Apartments
1 to 2 Bedroom Apartments

Verde Apartments

2310 Wickersham LnAustin, TX 78741
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Whisper Hollow
Studio to 2 Bedroom Apartments

Whisper Hollow

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

High Point Village

2400 Wickersham LnAustin, TX 78741
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Array
1 to 3 Bedroom Apartments

Array

2101 Burton DrAustin, 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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Daffodil Apartments
2 Bedroom Apartments

Daffodil Apartments

6009 Daffodil DrAustin, TX 78744
  • Utilities Included
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Chandelier
1 to 2 Bedroom Apartments

Chandelier

2336 Douglas StAustin, TX 78741
Showing Results 1-42, Page 1 of 1

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 2 Beds unit found at Paradise Oaks Apartments priced from $379. Vi Collina has the second lowest priced unit, which is a 1 Bed apartment currently listed from $674. Here are the most affordable Parker Lane apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Paradise Oaks ApartmentsB12BR,1BA$379
Vi CollinaA11BR,1BA$674
The Patten West11ALStudio,1BA$699
Chevy Chase Downs1BR/1BA1BR,1BA$699
Forest Creek Apartments1 Bedroom A11BR,1BA$700
CoppertreeCamden1BR,1BA$729
Patten East1 Bed B1BR,1BA$733
Alister ApartmentsStudioStudio,1BA$739
Emerson Apartments1A1BR,1BA$739
Verde ApartmentsA21BR,1BA$750

Best Value Apartments for Rent in Parker Lane, TX

As of September 04, 2025 the best value apartment in the Parker Lane area is the $0.96 price per square foot D1 Model at Paradise Oaks Apartments in the in the Oltorf-East Riverside neighborhood starting from $1,289. The second greatest value Parker Lane apartment is the Two Bedroom Model at Parker Lane Apartments starting at $770 with a $0.75 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.
Paradise Oaks ApartmentsD14BR,2BA$0.96
Parker Lane ApartmentsTwo Bedroom2BR,2BA$0.75
Aero RiversideB32BR,2BA$1.35
South ShoreThe Villa: 2/2 (948) at South Shore2BR,2BA$1.00
The Metropolis ApartmentsB22BR,2BA$1.21
Forest Creek Apartments2 Bedroom B12BR,2BA$1.30
Chevy Chase Downs2BR/1.5BA2BR,1.5BA$1.42
Acclaim at South Congress1 Bedroom 1 Bath1BR,1BA$1.13
Array1C1BR,1BA$1.31
Ellie ApartmentsA21BR,1BA$1.33

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.

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Pet Friendly Lifestyle
Parker Lane, Austin, TX

Ranked #134

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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!

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 $750.

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

The cheapest apartment in Parker Lane is Vi Collina which is listed at $674, while the average apartment in Parker Lane costs $1,849.

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 60 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 $660 which is $1,189 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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The 10 Best Affordable Neighborhoods in Austin, TX

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

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

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

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.