Cheap Apartments for Rent in the Parkway Lakes Neighborhood of Richmond, TX from $900 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkway Lakes area of Richmond.

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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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property at 20020 FM 1093

20020 FM 1093

RichmondTX77407
property at 9900 Mason Rd

9900 Mason Rd

RichmondTX77406
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7970 Grand
1 to 2 Bedroom Apartments

7970 Grand

7970 W Grand Pky SRichmond, TX 77406
property at 7115 Mason Rd

7115 Mason Rd

RichmondTX77407
property at 5123 Harlem Rd

5123 Harlem Rd

RichmondTX77407

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Ashley House
1 to 3 Bedroom Apartments

Ashley House

3903 Mason RdKaty, TX 77450
property at 5303 Mason Rd

5303 Mason Rd

KatyTX77450

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Showing Results 1-37, Page 1 of 1

Parkway Lakes, Richmond, TX Local Guide

Cheapest Available Parkway Lakes Apartments for Rent

 

The cheapest available apartment rental in the Parkway Lakes area of Houston, TX is a 1 Bed unit found at Deseo at Grand Mission priced from $986. Ashley House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Parkway Lakes apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Deseo at Grand MissionEspada1BR,1BA$986
Ashley HouseA21BR,1BA$999
Montage at Cinco RanchThe SurreyStudio,1BA$1,043
Marquis Grand Lakes1B1BR,1BA$1,108
Cyan Cinco Ranch ApartmentsHoney1BR,1BA$1,118
Allora Cinco RanchA3 60-Essential Housing1BR,1BA$1,119
Allora Bella Terra1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$1,124
Cortland LakemontBastrop1BR,1BA$1,126
Echelon on 99A11BR,1BA$1,151
Waterside Village1x11BR,1BA$1,160

Best Value Apartments for Rent in Parkway Lakes, TX

As of July 13, 2025 the best value apartment in the Parkway Lakes area is the $1.51 price per square foot Vanderbuilt A Model at Advenir at Grand Parkway West in the in the Lakemont neighborhood starting from $1,983. The second greatest value Parkway Lakes apartment is the San Miguel Model at Deseo at Grand Mission starting at $1,840 with a $1.56 price per square foot in the Mission Sierra neighborhood. Here is today’s list of the best values for Parkway Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Advenir at Grand Parkway WestVanderbuilt A3BR,2BA$1.51
Deseo at Grand MissionSan Miguel2BR,2BA$1.56
Cyan Cinco Ranch ApartmentsCarmine2BR,2BA$1.56
Ashley HouseB3G2BR,2BA$1.53
Marquis Seven Meadows2A2BR,2BA$1.65
Waterstone at Cinco RanchB22BR,2BA$1.58
The WaterviewB12BR,2BA$1.63
Echelon on 99A11BR,1BA$1.34
Grand FountainA11BR,1BA$1.63
Marquis Grand Lakes1B1BR,1BA$1.54

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Parkway Lakes, Richmond, TX

Ranked #1

Among neighborhoods in Richmond, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Parkway Lakes, Richmond, TX

School data provided by Great Schools

Lifestyle Ratings

This website is happy to bring you Lifestyle Ratings of rentals in cities and towns across the United States and customized analysis for Western Houston. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, multifamily communities for the kids, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Parkway Lakes Apartments

What is a cheap apartment in Parkway Lakes?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkway Lakes is under $1,160.

What is the price of a cheap apartment in Parkway Lakes?

The cheapest apartment in Parkway Lakes is Deseo at Grand Mission which is listed at $986, while the average apartment in Parkway Lakes costs $3,600.

What types of apartments are the cheapest in Parkway Lakes?

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 42 regular apartments in Parkway Lakes 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 Parkway Lakes?

Cheap apartments in Parkway Lakes have an average cost of $186 which is $3,414 cheaper than the average rent for all rentals in Parkway Lakes.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Written by: Lori Rosario

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

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You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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