Cheap Apartments for Rent in the Parkway Lakes Neighborhood of Richmond, TX from $900 (43 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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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

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property at 5123 Harlem Rd

5123 Harlem Rd

RichmondTX77407
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Ashley House
1 to 3 Bedroom Apartments

Ashley House

3903 Mason RdKaty, TX 77450

Houston's Best Affordable Neighborhoods

Learn about Houston and the best places to live with original content written by our Houston Local Expert Lori Rosario

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property at 5303 Mason Rd

5303 Mason Rd

KatyTX77450
Showing Results 1-43, 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 $980. 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$980
Ashley HouseA21BR,1BA$999
Montage at Cinco RanchThe SurreyStudio,1BA$1,043
Allora Cinco RanchA3 60-Essential Housing1BR,1BA$1,119
Cortland LakemontBastrop1BR,1BA$1,126
Marquis Grand Lakes1B1BR,1BA$1,126
Cyan Cinco Ranch ApartmentsHoney1BR,1BA$1,135
Waterside Village1x11BR,1BA$1,150
Cortland Seven MeadowsCinco1BR,1BA$1,183
Allora Bella Terra1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$1,193

Best Value Apartments for Rent in Parkway Lakes, TX

As of July 05, 2025 the best value apartment in the Parkway Lakes area is the $1.52 price per square foot Vanderbuilt A Model at Advenir at Grand Parkway West in the in the Lakemont neighborhood starting from $1,998. The second greatest value Parkway Lakes apartment is the B5 Model at Alleia Long Meadow Farms starting at $1,821 with a $1.46 price per square foot in the Lakemont 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$1.52
Alleia Long Meadow FarmsB52BR,2BA$1.46
Ashley HouseB3G2BR,2BA$1.53
Waterstone at Cinco RanchB22BR,2BA$1.58
Palms at Cinco RanchA81BR,1BA$1.51
Echelon on 99A11BR,1BA$1.39
Cyan Cinco Ranch ApartmentsSandstone1BR,1BA$1.53
Deseo at Grand MissionAdobe1BR,1BA$1.46
The WaterviewA21BR,1BA$1.62
Marquis Grand Lakes1B1BR,1BA$1.56

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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 $1,193.

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 $980, 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 44 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 $194 which is $3,406 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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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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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

Written by: Marie Brown

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

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.