
Cheap Apartments for Rent in the Park Place Neighborhood of Houston, TX from $500 (102 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Place area of Houston.


Altair Residences

Encanto Apartments

Park Place Apartments

Total Monthly Price
The Bellfort

The Bianca Apartments

The Park at Veracruz

Southway Manor Apartments

Patricia Manor

Total Monthly Price
Leonora Square- All Bills Paid
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.

8232 Glenview Dr

8445 Winkler Dr

7623 Pecan Villas Dr

7013 Hemlock St

2811 Iola St

Willow Tree Apartments

7919 Brays St

Cypress Square Apartments

8451 1/2 Howard Dr

Berry Creek Condominiums
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.

7065 Bellfort Ave

6702 Biggs Ct

Concord at Allendale Apartments

7623 Pecan Villas Dr

Lawndale

Plum Creek Apartments

6534 Myrtle St

Grahamcrest Manor

Oak Shadows

Nine Oaks
The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community
Find your perfect Houston apartment or home with this guide to the city and its top suburbs to rent. We cover everything from downtown living to the best family-friendly communities like The Woodlands and New Caney.

El Milagro Apartment Homes!

Easton Apartments

Stone Manor

Concord Arms

Los Pinos Apartments

Broadway Village Apartments

Casa Bella Apartments

Parkford Apartments

Ashley Apartments

Bellestone Villas Apartments
Top Neighborhoods Near Houston Major Employers
Learn about the best places to live near major employers in Houston with original content written by our Local Expert Lori Rosario

White Cliff Apartments

Villas at Park Place Apartments

Broadway Park Apartments

Ashway Apartments

Redwood Garden Apartments

8041 Howard Dr, Unit 2

Fat Property - Belvedere Apartments

Winkler Drive

Winkler-Belvedere Apartments

Silvercreek Apartments
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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 | $955 | $595 | $1,500 |
| Park Place 2 Bedroom Apartments | $1,154 | $770 | $1,590 |
| Park Place 3 Bedroom Apartments | $1,427 | $1,030 | $1,750 |
| Park Place 4 Bedroom Apartments | $1,325 | $1,325 | $1,325 |
Browse Apartments in this Neighborhood
There are currently 102 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
- Nearby Houston neighborhoods
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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. Encanto Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. 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 |
| Encanto Apartments | The Barcelona | 1BR,1BA | $699 |
| Park Place Apartments | 1 Bedroom, 1st Floor | 1BR,1BA | $699 |
| Bellestone Villas Apartments | Studio | Studio,1BA | $720 |
| Broadway Park Apartments | 1x1 | 1BR,1BA | $769 |
| Villas at Park Place Apartments | 1x1 | 1BR,1BA | $769 |
| Southway Manor Apartments | 1 bedroom | 1BR,1BA | $780 |
| Patricia Manor | 1 Bed, 1 bath | 1BR,1BA | $788 |
| Leonora Square- All Bills Paid | 1 Bed, 1 bath | 1BR,1BA | $795 |
| El Milagro Apartment Homes! | 1 Bedroom 1 Bathroom | 1BR,1BA | $799 |
Best Value Apartments for Rent in Park Place, TX
As of April 08, 2026 the best value apartment in the Park Place area is the $1.16 price per square foot 3 Beds, 2 baths Model at Leonora Square- All Bills Paid in the in the Greater Hobby neighborhood starting from $1,625. The second greatest value Park Place apartment is the Roosevelt Model at Concord at Allendale Apartments starting at $1,325 with a $1.00 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. |
|---|---|---|---|
| Leonora Square- All Bills Paid | 3 Beds, 2 baths | 3BR,2BA | $1.16 |
| Concord at Allendale Apartments | Roosevelt | 2BR,2BA | $1.00 |
| Plum Creek Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.33 |
| Park Place Apartments | 2 Bedroom, 1st Floor | 2BR,1BA | $1.00 |
| Willow Tree Apartments | Maison | 2BR,1BA | $1.03 |
| Villas at Park Place Apartments | 1x1 | 1BR,1BA | $1.04 |
| The Bianca Apartments | 1 Bed/ 1 Bath | 1BR,1BA | $1.31 |
| Grahamcrest Manor | 1 Bedroom 1 Bath with 688 Square Feet of Living... | 1BR,1BA | $1.22 |
| The Bellfort | A | 1BR,1BA | $1.23 |
| Altair Residences | A1 | 1BR,1BA | $1.17 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
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 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 $1,420.
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 11 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 $283 which is $1,137 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
Written by: Lori Rosario
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
Written by: Lori Rosario
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
Written by: Lori Rosario
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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.