Cheap Apartments for Rent in the Park Place Neighborhood of Houston, TX from $500 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Park Place area of Houston.

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.

property at 2811 Iola St

$890

1 Bedroom Rentals

Available Now

2811 Iola St

HoustonTX77017

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.

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Oak Shadows
1 to 2 Bedroom Apartments

Oak Shadows

4801 Allendale RdHouston, TX 77017
Senior Living
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Nine Oaks
1 to 4 Bedroom Apartments

Nine Oaks

3030 Hasbrook StHouston, TX 77087
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Stone Manor
1 to 2 Bedroom Apartments

Stone Manor

8404 Stone StHouston, TX 77061
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Easton Apartments
Studio to 1 Bedroom Apartments

Easton Apartments

8001 Easton StHouston, TX 77017
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Concord Arms
1 to 2 Bedroom Apartments

Concord Arms

3003 Broadway StHouston, TX 77017
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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.

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Los Pinos Apartments
1 to 2 Bedroom Apartments

Los Pinos Apartments

8010 Wier DrHouston, TX 77017
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Parkford Apartments
1 to 2 Bedroom Apartments

Parkford Apartments

2911 Broadway StHouston, TX 77017
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Ashley Apartments
1 Bedroom Apartments

Ashley Apartments

2917-2919 Ashley StHouston, TX 77017
Corporate Housing
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Ashway Apartments
1 to 2 Bedroom Apartments

Ashway Apartments

2817 Broadway StHouston, TX 77017
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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

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Silvercreek Apartments
2 to 3 Bedroom Apartments

Silvercreek Apartments

5124-5128 Silver Creek DrHouston, TX 77017
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Winkler Drive
1 to 2 Bedroom Apartments

Winkler Drive

166 Winkler DrHouston, TX 77087
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Glenview Apartments
Studio to 4 Bedroom Apartments

Glenview Apartments

8311 Winkler RdHouston, TX 77017
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Grahamcrest Manor
Studio to 2 Bedroom Apartments

Grahamcrest Manor

7622 Grahamcrest DrHouston, TX 77061
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8271 Stone St
Studio to 4 Bedroom Apartments

8271 Stone St

8271 Stone StHouston, TX 77061
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Willow Creek
1 to 2 Bedroom Apartments

Willow Creek

7575 Office City DrHouston, TX 77012
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Lenora Apartments
1 to 3 Bedroom Apartments

Lenora Apartments

7901 Leonora StHouston, TX 77061
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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7527 Gulf Fwy
Studio to 1 Bedroom Apartments

7527 Gulf Fwy

7527 Gulf FwyHouston, TX 77017
Corporate Housing
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Park Place, Houston, TX Local Guide

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 The Reserve @ Bellfort 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 ListingModel NameBed/BathPriced From
The Reserve @ Bellfort Apartments1x1 Premier1BR,1BA$650
Altair ResidencesA11BR,1BA$661
Broadway Park Apartments1x11BR,1BA$699
Casa Bella Apartments1 Bed, 1 bath1BR,1BA$699
Encanto ApartmentsThe Barcelona1BR,1BA$699
Park Place Apartments1 Bedroom, 2nd Floor1BR,1BA$699
Villas at Park Place Apartments1x11BR,1BA$769
Southway Manor Apartments1 bedroom1BR,1BA$780
The BellfortA1BR,1BA$793
El Milagro Apartment Homes!1 Bedroom 1 Bathroom1BR,1BA$799

Best Value Apartments for Rent in Park Place, TX

As of January 05, 2026 the best value apartment in the Park Place area is the $1.02 price per square foot Chateau Model at Willow Tree Apartments in the in the Greater Hobby neighborhood starting from $1,195. The second greatest value Park Place apartment is the Lincoln Model at Concord at Allendale Apartments starting at $999 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Willow Tree ApartmentsChateau3BR,2BA$1.02
Concord at Allendale ApartmentsLincoln1BR,1BA$1.00
Bellestone Villas Apartments2x 1.52BR,1.5BA$1.26
Park Place Apartments2 Bedroom, 1st Floor2BR,1BA$1.03
Casa Bella Apartments2 Beds, 1 bath2BR,1BA$1.09
Villas at Park Place Apartments1x11BR,1BA$1.04
Leonora Square Apartments1 Bed, 1 bath1BR,1BA$1.28
Grahamcrest Manor1 Bedroom 1 Bath with 688 Square Feet of Living...1BR,1BA$1.22
The BellfortA1BR,1BA$1.20
Altair ResidencesA11BR,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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Local 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

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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 The Reserve @ Bellfort Apartments which is listed at $650, while the average apartment in Park Place costs $1,320.

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 47 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 $351 which is $969 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

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The 10 Best Affordable Neighborhoods in Houston, TX

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Houston

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Articles, How-To's, and Tips

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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!