
Cheap Homes for Rent in Parkway Lakes Neighborhood of Richmond, TX from $1,300 (69 Rentals)
Search the lowest-cost Homes available for rent right now in the Parkway Lakes area of Richmond.


20114 Brookwood Holw

20114 Brookwood Holw

23910 Fairport Harbor Ln

7426 Upland Mill Ln

7426 Upland Mill Ln

23027 N Waterlily Dr

23035 N Waterlily Dr

19319 Summer Island Way

21219 Somerset Park Ln
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.

7122 Brockington Dr

6907 Yardley Dr

24126 Ravenna Oaks Ct

26427 Cole Trace Ln

7334 Jacobs Well Dr

6007 Baldwin Elm St

21110 Machall Manor Ct

6003 Baldwin Elm St

6835 Brighton Hill Ln

20506 Port Bishop Ln
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.

21218 Somerset Park Ln

19319 Christine Crossing Dr

7923 Thorncroft Manor Ln

21703 Sierra Long Dr

6431 Densberry Ln

12130 La Strada St

4819 Mission Lake Ct

24670 Folkstone Cir

20810 Figurine Ct

21615 Balsam Brook Ln
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.

5403 Marble Ravine

5515 Russett Bay Ct

6923 Grants Hollow Ln

25274 Finchgrove Ln

19031 Golden Heath Ln

5803 Camelia Evergreen Ln

5619 Stonecloud Ln

19307 Desert Calico Ln

19734 Amber Village Ln

5806 Acacia Rose Ct
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.

19214 Garrett Knolls Ln

24630 Folkstone Cir

1506 Rogers Lake Ln

6438 Haywards Crossing S Cir

21714 Reserve Ranch Trl

11210 Pavonia Creek Ct

4823 Lake Daniel Ct

22019 Ferguson Mdw Ln

6219 Cameron Cove Ln

19642 Travis Cannon Ln
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.
Parkway Lakes, Richmond, TX Local Guide

How much does it cost to rent a home in Parkway Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkway Lakes 2 Bedroom Homes for Rent | $2,468 | $2,242 | $2,900 |
| Parkway Lakes 3 Bedroom Homes for Rent | $2,304 | $1,830 | $3,250 |
| Parkway Lakes 4 Bedroom Homes for Rent | $2,867 | $2,050 | $5,800 |
| Parkway Lakes 5 Bedroom Homes for Rent | $4,282 | $2,500 | $10,000+ |
| Parkway Lakes 6 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
Browse Homes for Rent in this Neighborhood
There are currently 69 rentals with your search options within a 3 mile radius of the Parkway Lakes Neighborhood of Richmond, TX.
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Parkway Lakes, Richmond, TX Local Guide
- Nearby Richmond neighborhoods
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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 Grand Fountain priced from $1,024. Hanover Lakemont has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here are the most affordable Parkway Lakes apartments for rent in Houston, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grand Fountain | A1 | 1BR,1BA | $1,024 |
| Hanover Lakemont | A80a | 1BR,1BA | $1,025 |
| Allora Bella Terra | 1 Bed, 1 Bath B (80% Income Restricted) | 1BR,1BA | $1,030 |
| Deseo at Grand Mission | A1 | 1BR,1BA | $1,056 |
| Waterside Village | 1x1 | 1BR,1BA | $1,090 |
| Ashley House | A3 | 1BR,1BA | $1,099 |
| Allora Cinco Ranch | A2 60-Essential Housing | 1BR,1BA | $1,119 |
| Marquis Grand Lakes | 1D | 1BR,1BA | $1,142 |
| Prose District West | A2 | 1BR,1BA | $1,159 |
| Alleia Long Meadow Farms | A1 | 1BR,1BA | $1,165 |
Best Value Apartments for Rent in Parkway Lakes, TX
As of March 10, 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 B1U Model at The Brodie at Cinco Ranch starting at $1,898 with a $1.67 price per square foot in the Lakes of Buckingham neighborhood. Here is today’s list of the best values for Parkway Lakes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Advenir at Grand Parkway West | Vanderbuilt A | 3BR,2BA | $1.44 |
| The Brodie at Cinco Ranch | B1U | 2BR,2BA | $1.67 |
| Marquis Seven Meadows | 2A | 2BR,2BA | $1.65 |
| Echelon on 99 | A4 | 1BR,1BA | $1.46 |
| Ashley House | B1 | 2BR,1BA | $1.49 |
| Cyan Cinco Ranch Apartments | Burgundy | 1BR,1BA | $1.63 |
| Grand Reserve | A5 | 1BR,1BA | $1.63 |
| Deseo at Grand Mission | A2 | 1BR,1BA | $1.53 |
| Marquis Grand Lakes | 1B | 1BR,1BA | $1.58 |
| Waterside Village | 1x1 | 1BR,1BA | $1.66 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Pet Friendly LifestyleParkway Lakes, Richmond, TX
Ranked #1
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 $3,310. There are also 201 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway Lakes ranging from $1,334 to $12,500.
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 $12,500 with an average monthly rent of $2,725.
How much are larger Three and Four Bedroom Rentals in Parkway Lakes?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parkway Lakes range from $1,584 to $3,310, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,830 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $2,900.
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

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Houston
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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.

The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community
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Articles, How-To's, and Tips

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.

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.

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.

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.