
Cheap Apartments for Rent in the Park Place Neighborhood of Houston, TX from $500 (82 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park Place area of Houston.


Altair Residences

Total Monthly Price
The Bellfort

7013 Hemlock St

The Bianca Apartments

The Park at Veracruz

Southway Manor Apartments

Patricia Manor

Total Monthly Price
Leonora Square- All Bills Paid

7742 Park Pl Blvd
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.

8232 Glenview Dr

2811 Iola St

Cypress Square Apartments

8451 1/2 Howard Dr

The Life at Sterling Woods

Berry Creek Condominiums

7002 Vandeman St

6735 Narcissus St

6702 Biggs Ct

Total Monthly Price
Encanto 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.

Concord at Allendale Apartments

Lawndale

6534 Myrtle St

1825 1/2 Santa Rosa St

Plum Creek Apartments

Dover Apartments

Willow Tree Apartments

Grahamcrest Manor

Oak Shadows

Nine Oaks
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.

El Milagro Apartment Homes!

Easton Apartments

Stone Manor

Concord Arms

Bellestone Villas Apartments

Los Pinos Apartments

Broadway Village Apartments

Casa Bella Apartments

Parkford Apartments

Ashley Apartments
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.

Broadway Park Apartments

White Cliff Apartments

Villas at Park Place Apartments

Ashway Apartments

Redwood Garden Apartments

Willow Creek

Winkler Drive

Winkler-Belvedere Apartments

Silvercreek Apartments

8041 Howard Dr, Unit 2, Unit 2
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 | $940 | $650 | $1,550 |
| Park Place 2 Bedroom Apartments | $1,253 | $750 | $2,317 |
| Park Place 3 Bedroom Apartments | $1,373 | $1,030 | $1,750 |
| Park Place 4 Bedroom Apartments | $1,310 | $1,295 | $1,325 |
Browse Apartments in this Neighborhood
There are currently 82 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 Park Place Apartments priced from $650. Altair Residences has the second lowest priced unit, which is a 1 Bed apartment currently listed from $661. Here are the most affordable Park Place apartments for rent in Houston, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Place Apartments | 1 Bedroom, 1st Floor | 1BR,1BA | $650 |
| Altair Residences | A1 | 1BR,1BA | $661 |
| Bellestone Villas Apartments | Studio | Studio,1BA | $669 |
| Broadway Park Apartments | 1x1 | 1BR,1BA | $719 |
| The Bellfort | C | 1BR,1BA | $724 |
| 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 - Bedroom | 1BR,1BA | $795 |
| Willow Creek | Henley | 1BR,1BA | $799 |
Best Value Apartments for Rent in Park Place, TX
As of May 25, 2026 the best value apartment in the Park Place area is the $1.03 price per square foot Roosevelt Model at Concord at Allendale Apartments in the in the Greater Hobby neighborhood starting from $1,359. The second greatest value Park Place apartment is the Chateau Model at Willow Tree Apartments starting at $1,195 with a $1.02 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 | $1.03 |
| Willow Tree Apartments | Chateau | 3BR,2BA | $1.02 |
| Tropicana | Ground Level | 2BR,1.5BA | $0.87 |
| Dover Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.27 |
| Park Place Apartments | 2 Bedroom, 1st Floor | 2BR,1BA | $1.00 |
| 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 |
| Leonora Square- All Bills Paid | 1 - Bedroom | 1BR,1BA | $1.22 |
| Willow Creek | Bentley | 1BR,1BA | $1.30 |
| 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 Park Place Apartments which is listed at $650, while the average apartment in Park Place costs $1,351.
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 16 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 $291 which is $1,060 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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.