Cheap Homes for Rent in Parker Lane Neighborhood of Austin, TX from $600 (17 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

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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

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property at 2124 Burton Dr

2124 Burton Dr

AustinTX78741

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

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Showing Results 1-17, 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 Grace Woods priced from $679. Hillside Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $707. Here are the most affordable Parker Lane apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Grace WoodsA21BR,1BA$679
Hillside CreekA11BR,1BA$707
The Patten West11ALStudio,1BA$749
Forest Creek Apartments1 Bedroom A21BR,1BA$750
CoppertreeCoventry1BR,1BA$769

Best Value Apartments for Rent in Parker Lane, TX

As of June 06, 2025 the best value apartment in the Parker Lane area is the $0.75 price per square foot Two Bedroom Model at Parker Lane Apartments in the in the South River City neighborhood starting from $770. The second greatest value Parker Lane apartment is the B2R Model at The Aspect starting at $1,469 with a $1.47 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.
Parker Lane ApartmentsTwo Bedroom2BR,2BA$0.75
The AspectB2R2BR,2BA$1.47
Hillside CreekB12BR,2BA$1.32
The Social ApartmentsThe Mixer2BR,1BA$1.26
CoppertreeCromwell2BR,2BA$1.33
Polaris on the Park - Renovated Apartments1 Bedroom1BR,1BA$1.39
Forest Creek Apartments1 Bedroom A11BR,1BA$1.19
Vi CollinaA11BR,1BA$1.40
Emerson Apartments1A1BR,1BA$1.37
Aero RiversideA11BR,1BA$1.45

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Frequently Asked Questions about Parker Lane

What type of rentals are currently available in Parker Lane?

There are currently 59 Apartments for Rent in Parker Lane, TX with pricing that ranges from $639 to $3,995. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parker Lane ranging from $695 to $13,500.

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 $13,500 with an average monthly rent of $4,506.

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 $3,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $3,995. Four Bedroom Single-Family rentals are also available starting from $2,895 and Four Bedroom Apartments start at $850.

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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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.