
Cheap Apartments for Rent in the Park Place Neighborhood of Houston, TX from $500 (70 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Place area of Houston.


Total Monthly Price
Altair Residences

Total Monthly Price
The Bellfort

7909 Brutus St

7909 Brutus St, Unit 2

7909 Brutus St

3620 Reveille St

The Bianca Apartments

The Park at Veracruz

Patricia Manor
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.

7742 Park Pl Blvd

8345 Park Pl Blvd

7623 Pecan Villas Dr, Unit 9

Southway Manor Apartments

2811 Iola St

Cypress Square Apartments

7738 Park Pl Blvd

The Life at Sterling Woods

Berry Creek Condominiums

Concord at Allendale Apartments
Where to Stay in Houston: The 5 Best Neighborhoods for Short-Term Lease Options
Discover Houston's top areas for Short-Term Lease apartments. We review 5 neighborhoods with the most short-term rental apartments and houses, ideal for students, families, and business travel.

Total Monthly Price
Encanto Apartments

6735 Narcissus St

6702 Biggs Ct

1825 1/2 Santa Rosa St

Grahamcrest Manor

Oak Shadows

Nine Oaks

El Milagro Apartment Homes!

Easton Apartments

Stone Manor
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.

Concord Arms

Los Pinos Apartments

The Reserve @ Bellfort Apartments

Broadway Village Apartments

Casa Bella Apartments

Ashley Apartments

Parkford Apartments

Broadway Park Apartments

Bellestone Villas Apartments

Acre Villa
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

White Cliff Apartments

7021 Hemlock St

Villas at Park Place Apartments

Ashway Apartments

Redwood Garden Apartments

Leonora Square- All Bills Paid

Willow Creek

Silvercreek Apartments

Winkler Drive

Winkler-Belvedere Apartments
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.
Park Place, Houston, TX Local Guide

How much does it cost to rent an apartment in Park Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Place Studio Apartments | $760 | $760 | $760 |
| Park Place 1 Bedroom Apartments | $976 | $650 | $1,664 |
| Park Place 2 Bedroom Apartments | $1,264 | $799 | $2,097 |
| Park Place 3 Bedroom Apartments | $1,502 | $1,057 | $2,080 |
Browse Apartments in this Neighborhood
There are currently 70 rentals with your search options within a 2 mile radius of the Park Place Neighborhood of Houston, TX.
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Park Place, Houston, TX Local Guide
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Cheapest Available Park Place Apartments for Rent
 The cheapest available apartment rental in the Park Place area of Houston, TX is a 1 Bed unit found at Altair Residences priced from $661. The Bellfort has the second lowest priced unit, which is a 1 Bed apartment currently listed from $664. Here are the most affordable Park Place apartments for rent in Houston, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Altair Residences | A1 | 1BR,1BA | $661 |
| The Bellfort | C | 1BR,1BA | $664 |
| The Reserve @ Bellfort Apartments | 1x1 Classic | 1BR,1BA | $681 |
| Bellestone Villas Apartments | Studio | Studio,1BA | $720 |
| Villas at Park Place Apartments | 1x1 | 1BR,1BA | $769 |
| Patricia Manor | 1 Bed, 1 bath | 1BR,1BA | $788 |
| Park Place Apartments | 2 Bedroom, 2nd Floor | 2BR,1BA | $799 |
| El Milagro Apartment Homes! | 1 Bedroom 1 Bathroom | 1BR,1BA | $799 |
| Willow Creek | Bentley | 1BR,1BA | $799 |
| The Park at Veracruz | 1 Bedroom / 1 Bathroom Silver | 1BR,1BA | $810 |
Best Value Apartments for Rent in Park Place, TX
As of July 09, 2026 the best value apartment in the Park Place area is the $0.94 price per square foot Roosevelt Model at Concord at Allendale Apartments in the in the Greater Hobby neighborhood starting from $1,246. The second greatest value Park Place apartment is the 2 Bedroom, 1 Bath Model at Dover Place Apartments - All Bills Paid starting at $1,120 with a $1.27 price per square foot in the Greater Hobby neighborhood. Here is today’s list of the best values for Park Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Concord at Allendale Apartments | Roosevelt | 2BR,2BA | $0.94 |
| Dover Place Apartments - All Bills Paid | 2 Bedroom, 1 Bath | 2BR,1BA | $1.27 |
| Acre Villa | 2x1 A | 2BR,1BA | $1.15 |
| Park Place Apartments | 2 Bedroom, 1st Floor | 2BR,1BA | $0.97 |
| Willow Tree Apartments | Maison | 2BR,1BA | $1.03 |
| Villas at Park Place Apartments | 1x1 | 1BR,1BA | $1.04 |
| Grahamcrest Manor | 1 Bedroom 1 Bath with 688 Square Feet of Living... | 1BR,1BA | $1.22 |
| The Bianca Apartments | 1 Bed/1 Bath - Renovated | 1BR,1BA | $1.31 |
| The Bellfort | A | 1BR,1BA | $1.31 |
| Altair Residences | A1 | 1BR,1BA | $1.17 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleLocal Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Houston
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Houston, TX metro area for affordable living. Find your perfect H-Town Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Park Place, Houston, TX
School data provided by Great Schools
Frequently Asked Questions about Cheap Park Place Apartments
What is the price of a cheap apartment in Park Place?
The cheapest apartment in Park Place is Altair Residences which is listed at $661, while the average apartment in Park Place costs $1,520.
What types of apartments are the cheapest in Park Place?
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 28 regular apartments in Park Place 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 Park Place?
Cheap apartments in Park Place have an average cost of $400 which is $1,120 cheaper than the average rent for all rentals in Park Place.
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 Houston, TX
Written by: Lori Rosario
Houston is a huge city, and it’s still growing, which makes it one of the most sought after places in the country to move.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Houston
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Houston is home to insane traffic, the nation's most complex highway system, and unstable weather that will leave you wondering if the four seasons are still a thing.

Your Houston Neighborhood Guide: Find the Perfect Home Near Your Job
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To say Houston is a bustling metropolitan area seems like an understatement. Everyone you turn, something is being built, be it gas stations, stores, office buildings, medical facilities, housing, or apartment complexes.

The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community
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Houston, the fourth most-populous city in the United States and the most populous in the south, just can't seem to stop growing and expanding. People from all over the U.S.
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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
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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
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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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.