
Cheap Homes for Rent in Parker Lane Neighborhood of Austin, TX from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Parker Lane area of Austin.


2124 Burton Dr

2500 Burleson Rd

2450 Wickersham Ln

2500 Burleson Rd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2215 Mission Hill Dr

2809 Parker Ln

2500 Burleson Ct

4500 E Oltorf St

2717 Parker Ln
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Room in Apartment on Riverside Farms Rd

1705 Crossing Pl

2004 Kirksey Dr, Unit D, Unit D

2516 Glen Springs Way

1626 Royal Hill Dr
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Parker Lane, Austin, TX Local Guide

How much does it cost to rent a home in Parker Lane?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parker Lane 2 Bedroom Homes for Rent | $1,910 | $1,100 | $2,700 |
| Parker Lane 3 Bedroom Homes for Rent | $2,591 | $1,695 | $4,800 |
| Parker Lane 4 Bedroom Homes for Rent | $2,975 | $2,600 | $3,350 |
| Parker Lane 5 Bedroom Homes for Rent | $5,950 | $5,950 | $5,950 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Parker Lane Neighborhood of Austin, TX.
Explore Austin
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 Patten East priced from $575. Emerson Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $643. Here are the most affordable Parker Lane apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Patten East | 1x1C | 1BR,1BA | $575 |
| Emerson Apartments | STUDIO | Studio,1BA | $643 |
| Coppertree Apartment Homes | Coventry | 1BR,1BA | $649 |
| Chevy Chase Downs | 1BR/1BA | 1BR,1BA | $649 |
| Alister Apartments | Studio | Studio,1BA | $664 |
Best Value Apartments for Rent in Parker Lane, TX
As of May 24, 2026 the best value apartment in the Parker Lane area is the $1.17 price per square foot D1 Model at Paradise Oaks Apartments in the in the Oltorf-East Riverside neighborhood starting from $1,560. The second greatest value Parker Lane apartment is the 3 Bedroom 2 Bath Model at Acclaim at South Congress starting at $1,299 with a $1.05 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. |
|---|---|---|---|
| Paradise Oaks Apartments | D1 | 4BR,2BA | $1.17 |
| Acclaim at South Congress | 3 Bedroom 2 Bath | 3BR,2BA | $1.05 |
| Douglas Landing Apartment Homes | 3 Bedroom- 60% | 3BR,2BA | $1.21 |
| Array | The 932 | 2BR,1BA | $1.19 |
| Forest Creek Apartments | 2 Bedroom B1 | 2BR,2BA | $1.17 |
| Lyv Austin | A2 | 1BR,1BA | $1.28 |
| Trio | A4 | 1BR,1BA | $1.27 |
| Hillside Creek | A2 | 1BR,1BA | $1.28 |
| South Shore | The Oasis: 1/1 at Avesta South Shore | 1BR,1BA | $1.14 |
| Hillside Place | A1 | 1BR,1BA | $1.25 |
Frequently Asked Questions about Parker Lane
What type of rentals are currently available in Parker Lane?
There are currently 63 Apartments for Rent in Parker Lane, TX with pricing that ranges from $643 to $2,710. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parker Lane ranging from $595 to $5,950.
What is the current price range for Rental Homes in Parker Lane?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parker Lane ranges from $595 to $5,950 with an average monthly rent of $2,580.
How much are larger Three and Four Bedroom Rentals in Parker Lane?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parker Lane range from $1,299 to $2,536, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $4,800. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $1,299.
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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