
Cheap Apartments for Rent in the Parmer Lane Neighborhood of Austin, TX from $600 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parmer Lane area of Austin.


The Heights on Parmer

Canyon Vistas

Bristol Heights

Davies Ranch
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1900 Parmer Apartments

Camber Ranch

The Park at Speyside

Creekside on Parmer Lane

Altair Tech Ridge
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The Amber

11121 Silo Valley Dr

Yager Flats
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The Element

5005 E Parmer Ln
Parmer Lane, Austin, TX Local Guide

How much does it cost to rent an apartment in Parmer Lane?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parmer Lane Studio Apartments | $1,053 | $990 | $1,199 |
| Parmer Lane 1 Bedroom Apartments | $1,341 | $669 | $1,755 |
| Parmer Lane 2 Bedroom Apartments | $1,713 | $797 | $2,304 |
| Parmer Lane 3 Bedroom Apartments | $1,925 | $914 | $2,524 |
| Parmer Lane 4 Bedroom Apartments | $2,055 | $1,699 | $2,859 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Parmer Lane Neighborhood of Austin, TX.
See all Apartments in AustinExplore Austin
Cheapest Available Parmer Lane Apartments for Rent
 The cheapest available apartment rental in the Parmer Lane area of Austin, TX is a 1 Bed unit found at Ascent North priced from $838. Canyon Vistas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $918. Here are the most affordable Parmer Lane apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ascent North | A1 | 1BR,1BA | $838 |
| Canyon Vistas | 1A | 1BR,1BA | $918 |
| Bristol Heights | A2L | 1BR,1BA | $941 |
| Harris Branch Apartments | A1 | 1BR,1BA | $950 |
| Davies Ranch | Mesa | 1BR,1BA | $989 |
Best Value Apartments for Rent in Parmer Lane, TX
As of January 02, 2026 the best value apartment in the Parmer Lane area is the $1.49 price per square foot D1 Model at The Jasper in the in the Copperfield neighborhood starting from $2,859. The second greatest value Parmer Lane apartment is the C2 Model at The Element starting at $1,449 with a $1.37 price per square foot in the Pioneer Crossing neighborhood. Here is today’s list of the best values for Parmer Lane apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Jasper | D1 | 4BR,2.5BA | $1.49 |
| The Element | C2 | 3BR,2BA | $1.37 |
| The Heights on Parmer | Two Bedroom | 2BR,2BA | $1.11 |
| Parmer Place | A2L | 1BR,1BA | $1.37 |
| Creekside on Parmer Lane | A3 | 1BR,1BA | $1.31 |
| Canyon Vistas | 1B | 1BR,1BA | $1.47 |
| Harris Branch Apartments | A1 | 1BR,1BA | $1.36 |
| Ascent North | A1 - RENOVATED | 1BR,1BA | $1.53 |
| Davies Ranch | Crest | 1BR,1BA | $1.49 |
| Bristol Heights | A1L | 1BR,1BA | $1.40 |
Frequently Asked Questions about Cheap Parmer Lane Apartments
What is a cheap apartment in Parmer Lane?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parmer Lane is under $1,100.
What is the price of a cheap apartment in Parmer Lane?
The cheapest apartment in Parmer Lane is Ascent North which is listed at $838, while the average apartment in Parmer Lane costs $2,000.
What types of apartments are the cheapest in Parmer 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 106 regular apartments in Parmer 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 Parmer Lane?
Cheap apartments in Parmer Lane have an average cost of $905 which is $1,095 cheaper than the average rent for all rentals in Parmer 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

The 10 Best Affordable Neighborhoods in Austin, TX
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I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin
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For many people the College years are some of the best years of your life. And you can certainly make the most of those years by finding the perfect place around your campus to call home.

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Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

