Cheap Homes for Rent in Parker Lane Neighborhood of Austin, TX from $600 (19 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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property at 2314 Parker Ln

2314 Parker Ln

AustinTX78741

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-19, 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 1 Bed unit found at Vi Collina priced from $674. The Patten West has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Parker Lane apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Vi CollinaA11BR,1BA$674
The Patten West11ALStudio,1BA$749
Emerson ApartmentsSTUDIOStudio,1BA$751
Parker Lane ApartmentsTwo Bedroom2BR,2BA$770
Treehouse ApartmentsA11BR,1BA$771

Best Value Apartments for Rent in Parker Lane, TX

As of July 30, 2025 the best value apartment in the Parker Lane area is the $1.31 price per square foot B3R Model at The Aspect in the in the Oltorf-East Riverside neighborhood starting from $1,539. The second greatest value Parker Lane apartment is the C1 | 3 Bed | 2 Bath Model at Sotol Riverside starting at $1,399 with a $1.28 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.
The AspectB3R2BR,2BA$1.31
Sotol RiversideC1 | 3 Bed | 2 Bath3BR,2BA$1.28
Parker Lane ApartmentsTwo Bedroom2BR,2BA$0.75
Hillside CreekB22BR,2BA$1.28
The Metropolis ApartmentsB22BR,2BA$1.37
Array1C1BR,1BA$1.38
Ellie ApartmentsA21BR,1BA$1.50
Polaris on the Park - Renovated Apartments1 Bedroom1BR,1BA$1.39
South ShoreThe Oasis: 1/1 at Avesta South Shore1BR,1BA$1.17
Forest Creek Apartments1 Bedroom A11BR,1BA$1.19

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Frequently Asked Questions about Parker Lane

What type of rentals are currently available in Parker Lane?

There are currently 64 Apartments for Rent in Parker Lane, TX with pricing that ranges from $639 to $16,200. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parker Lane ranging from $695 to $15,000.

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 $695 to $15,000 with an average monthly rent of $3,857.

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 $892 to $2,632, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,745. Four Bedroom Single-Family rentals are also available starting from $695 and Four Bedroom Apartments start at $1,499.

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

Written by: Raul Mercado

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

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

Written by: Christine Leonard, Esq.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.