Cheap Homes for Rent in Park Place Neighborhood of Houston, TX from $800 (23 Rentals)

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

property at 8271 Stone St

$875

1 Bedroom, 1 Bath Condo for Rent

Available Now

8271 Stone St

HoustonTX77061
property at 7313 Gulf Fwy

$924

Total Monthly Price

Total Monthly Price

Base Rent
$924

Total Monthly Price
$924

1 Bedroom, 1 Bath Condo for Rent

Available Now

7313 Gulf Fwy

HoustonTX77017
property at 8271 Stone St

$950

1 Bedroom, 1 Bath Condo for Rent

Available Now

8271 Stone St

HoustonTX77061

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 7313 Gulf Fwy

$924 - $950

1 Bedroom Rentals

Available Now

7313 Gulf Fwy

HoustonTX77017
property at 8271 Stone St

$875 - $1,375

1 To 2 Bedroom Rentals

Available Now

8271 Stone St

HoustonTX77061
property at 8271 Stone St

$975

1 Bedroom, 1 Bath Condo for Rent

Available Now

8271 Stone St

HoustonTX77061
property at 7527 Gulf Fwy

$1,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

7527 Gulf Fwy

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.

property at 8271 Stone St

$1,100

2 Bedroom, 2 Bath Condo for Rent

Available Now

8271 Stone St

HoustonTX77061
property at 8271 Stone St

$1,125

1 Bedroom, 1 Bath Condo for Rent

Available Now

8271 Stone St

HoustonTX77061
property at 8271 Stone St

$1,150

2 Bedroom, 2 Bath Condo for Rent

Available Now

8271 Stone St

HoustonTX77061
property at 8271 Stone St

$1,175

2 Bedroom, 2 Bath Condo for Rent

Available Now

8271 Stone St

HoustonTX77061
property at 8271 Stone St

$1,200

2 Bedroom, 2 Bath Condo for Rent

Available Now

8271 Stone St

HoustonTX77061

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.

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 Altair Residences priced from $661. The Reserve @ Bellfort Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here are the most affordable Park Place apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Altair ResidencesA11BR,1BA$661
The Reserve @ Bellfort Apartments1x1 Classic1BR,1BA$675
Encanto ApartmentsThe Barcelona1BR,1BA$699
Park Place Apartments1 Bedroom, 2nd Floor1BR,1BA$699
Broadway Park Apartments1x11BR,1BA$719

Best Value Apartments for Rent in Park Place, TX

As of February 22, 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 Apartments in the in the Greater Hobby neighborhood starting from $1,625. The second greatest value Park Place apartment is the Clairborne Model at Willow Creek starting at $1,199 with a $1.31 price per square foot in the Park Place 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.
Leonora Square Apartments3 Beds, 2 baths3BR,2BA$1.16
Willow CreekClairborne2BR,1BA$1.31
Dover Apartments2 Bedroom, 1 Bath2BR,1BA$1.14
Park Place Apartments2 Bedroom, 1st Floor2BR,1BA$1.03
Willow Tree ApartmentsMaison2BR,1BA$1.03
Villas at Park Place Apartments1x11BR,1BA$1.04
The Bianca Apartments1 Bed/1 Bath - Renovated1BR,1BA$1.31
Grahamcrest Manor1 Bedroom 1 Bath with 688 Square Feet of Living...1BR,1BA$1.22
Altair ResidencesA11BR,1BA$1.17
Broadway Park Apartments1x11BR,1BA$1.30

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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Quick 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.

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Frequently Asked Questions about Park Place

What type of rentals are currently available in Park Place?

There are currently 134 Apartments for Rent in Park Place, TX with pricing that ranges from $595 to $1,966. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Place ranging from $860 to $3,200.

What is the current price range for Rental Homes in Park Place?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Place ranges from $860 to $3,200 with an average monthly rent of $1,690.

How much are larger Three and Four Bedroom Rentals in Park Place?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Place range from $1,030 to $1,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $1,325.

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

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.

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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.

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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.

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The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community

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Articles, How-To's, and Tips

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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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.