
Cheap Studio Apartments for Rent in the Parker Lane Neighborhood of Austin, TX from $694 (11 Rentals)


Treehouse Apartments

Total Monthly Price
Oltera in SoEast
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.

Total Monthly Price
Azul Lakeshore

Emerson Apartments at Town Lake

Alister Apartments

Point South

2124 Burton Dr
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.

Mariposa Flats
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 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Parker Lane Neighborhood of Austin, TX.
See all Apartments in AustinExplore Austin
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 Emerson Apartments at Town Lake which is listed at $599, 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
Written by: Raul Mercado
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
Written by: Raul Mercado
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
Written by: Raul Mercado
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.
Articles, How-To's, and Tips

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

