Cheap Homes for Rent in Parker, TX from $500 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in Parker.

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.

property at 302 Young Dr

$1,975

Total Monthly Price

Total Monthly Price

Base Rent
$1,975

Total Monthly Price
$1,975

3 Bedroom, 2 Bath Home for Rent

Available Now

302 Young Dr

AllenTX75002

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.

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.

Parker, TX Local Guide

Cheapest Available Parker Apartments for Rent and Nearby

 

The cheapest available apartment rental in Parker, TX is a 1 Bed unit found at Thornbury at Chase Oaks in the Twin Creeks neighborhood priced from $915. 1201 Park in the Royal Oaks neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Parker apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Thornbury at Chase OaksA11BR,1BA$915
1201 ParkE11BR,1BA$999
The Gio ApartmentsA31BR,1BA$1,029
MAA Los RiosThe Oakmont1BR,1BA$1,033
Opal Legacy CentralS1 ESSENTIAL LIVINGStudio,1BA$1,052

Best Value Apartments for Rent in Parker, TX and Nearby

As of June 04, 2026 the best value apartment in the Parker area is the $1.23 price per square foot Corpus Christi Renovated Model at Shiloh Park in the in the Royal Oaks neighborhood starting from $1,900. The second greatest value Parker apartment is the 3X2A Model at Sheridan Park at Spring Creek starting at $2,138 with a $1.70 price per square foot in the Royal Oaks neighborhood. Here is today’s list of the best values for Parker apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Shiloh ParkCorpus Christi Renovated2BR,2.5BA$1.23
Sheridan Park at Spring Creek3X2A3BR,2BA$1.70
Windsor Place Townhomes2A2BR,2BA$1.35
Plano Park TownhomesA4 - Berkshire1BR,1.5BA$1.43
Creekside SouthB22BR,2BA$1.55
Emerson at Ford ParkB22BR,2BA$1.56
Clearwater CreekA3 - RELAX1BR,1BA$1.60
301 GreenvilleA1 Premium1BR,1BA$1.63
Woodlands of PlanoA11BR,1BA$1.51
MAA Los RiosThe Oakmont1BR,1BA$1.59

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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Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

Learn about the best Dallas neighborhoods for student renters by our Dallas, TX Local Expert Tiffany Clark

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Real 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Parker

What type of rentals are currently available in Parker?

There are currently 50 Apartments for Rent in Parker, TX with pricing that ranges from $915 to $18,022. There are also 119 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parker ranging from $599 to $9,500.

What is the current price range for Rental Homes in Parker?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Parker ranges from $599 to $9,500 with an average monthly rent of $2,955.

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 Dallas, TX

Written by: Tiffany Clark

Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

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Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

Written by: Tiffany Clark

According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

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The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers

Written by: Tiffany Clark

Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

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An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years

Written by: Tiffany Clark

My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.

Articles, How-To's, and Tips

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.