Cheap Homes for Rent in Parkway Lakes Neighborhood of Richmond, TX from $1,300 (81 Rentals)

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

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.

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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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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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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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Ashley House priced from $999. Montage at Cinco Ranch has the second lowest priced unit, which is a Studio apartment currently listed from $1,026. Here are the most affordable Parkway Lakes apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Ashley HouseA21BR,1BA$999
Montage at Cinco RanchThe LenoxStudio,1BA$1,026
Deseo at Grand MissionA11BR,1BA$1,039
Marquis Grand Lakes1B1BR,1BA$1,042
Hanover LakemontA80a1BR,1BA$1,070
Allora Bella Terra1 Bed, 1 Bath (80% Income Restricted)1BR,1BA$1,079
Waterside Village1x11BR,1BA$1,095
Haven at BellaireA2 (60% Income Restricted)1BR,1BA$1,100
Alleia Long Meadow FarmsA11BR,1BA$1,100
Marquis Seven Lakes1A1BR,1BA$1,101

Best Value Apartments for Rent in Parkway Lakes, TX

As of January 24, 2026 the best value apartment in the Parkway Lakes area is the $1.44 price per square foot Vanderbuilt A Model at Advenir at Grand Parkway West in the in the Lakemont neighborhood starting from $1,888. The second greatest value Parkway Lakes apartment is the 3A Model at Marquis Grand Lakes starting at $1,775 with a $1.47 price per square foot in the Cinco SW Sterling 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$1.44
Marquis Grand Lakes3A3BR,2BA$1.47
Grand FountainA21BR,1BA$1.67
Satori at Long MeadowA2U1BR,1BA$1.64
Echelon on 99A41BR,1BA$1.46
Grand ReserveA2.11BR,1BA$1.58
Waterstone at Cinco RanchA1G - Attached Garage Included1BR,1BA$1.62
Deseo at Grand MissionA31BR,1BA$1.61
Prose District WestA11BR,1BA$1.64
Marquis Seven Lakes1A1BR,1BA$1.67

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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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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Pet Friendly Lifestyle
Parkway Lakes, Richmond, TX

Ranked #1

Among cities in Texas 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

Frequently Asked Questions about Parkway Lakes

What type of rentals are currently available in Parkway Lakes?

There are currently 37 Apartments for Rent in Parkway Lakes, TX with pricing that ranges from $1,007 to $3,969. There are also 212 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway Lakes ranging from $1,334 to $5,550.

What is the current price range for Rental Homes in Parkway Lakes?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkway Lakes ranges from $1,334 to $5,550 with an average monthly rent of $2,957.

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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Articles, How-To's, and Tips

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

Written by: Lauren Harrington

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.

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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.