
Cheap Homes for Rent in Parkway Lakes Neighborhood of Richmond, TX from $1,300 (63 Rentals)
Search the lowest-cost Homes available for rent right now in the Parkway Lakes area of Richmond.


22100 Park Westheimer Blvd, Unit #0227A

19400 W Bellfort

22100 Park Westheimer Blvd, Unit #0314B

22119 Torricelli Ln

20102 Linden Spruce Ln

21219 Somerset Park Ln

19319 Christine Crossing Dr

7334 Jacobs Well Dr

7018 Chapel Meadow Ln
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.

19319 Summer Island Way

7122 Brockington Dr

7207 Brockington Dr

21703 Sierra Long Dr

6907 Yardley Dr

8703 Seguin Cove Ln

25274 Finchgrove Ln

6007 Baldwin Elm St

19215 Mustang Pointe Ln

19215 Mustang Pointe 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.

24654 Folkstone Cir

21411 Venture Park Dr

21554 Hawkspur Ridge St

5730 Baldwin Elm St

19031 Golden Heath Ln

6431 Densberry Ln

24670 Folkstone Cir

25251 Bentley Glen Ln

19923 Juniper Berry Dr

6923 Grants Hollow 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.

1506 Rogers Lake Ln

19734 Amber Village Ln

20822 Whitevine Way

5803 Camelia Evergreen Ln

5619 Stonecloud Ln

19307 Desert Calico Ln

5300 Berkeley Knl Cir

5511 Baldwin Elm St

7338 Boerne Creek Dr

5806 Acacia Rose Ct
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.

6438 Haywards Crossing S Cir

11210 Pavonia Creek Ct

24630 Folkstone Cir

7518 Brackstone Ct

19706 Bluff Canyon Way

12250 La Strada St

6003 Baldwin Elm St

8011 Thorncroft Manor Ln

6426 Haywards Crossing S Cir

19642 Travis Cannon Ln
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.
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 | $2,487 | $2,199 | $2,600 |
| Parkway Lakes 3 Bedroom Homes for Rent | $2,364 | $1,750 | $3,995 |
| Parkway Lakes 4 Bedroom Homes for Rent | $2,777 | $2,025 | $4,300 |
| Parkway Lakes 5 Bedroom Homes for Rent | $3,634 | $2,495 | $10,000+ |
| Parkway Lakes 6 Bedroom Homes for Rent | $4,036 | $3,100 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 63 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 Ashley House priced from $959. Hanover Lakemont has the second lowest priced unit, which is a 1 Bed apartment currently listed from $984. Here are the most affordable Parkway Lakes apartments for rent in Houston, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashley House | A5 | 1BR,1BA | $959 |
| Hanover Lakemont | A80a | 1BR,1BA | $984 |
| Waterside Village | 1x1 | 1BR,1BA | $1,005 |
| Grand Fountain | A1 | 1BR,1BA | $1,008 |
| 7970 Grand | 1 BED / 1 BATH | 1BR,1BA | $1,024 |
| Prose District West | A1 | 1BR,1BA | $1,025 |
| Marquis Grand Lakes | 1D | 1BR,1BA | $1,036 |
| Grandea Lakemont | A3 | 1BR,1BA | $1,041 |
| Allora Bella Terra | 1 Bed, 1 Bath C (80% Income Restricted) | 1BR,1BA | $1,045 |
| Allora Cinco Ranch | A1 60-Essential Housing | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in Parkway Lakes, TX
As of April 25, 2026 the best value apartment in the Parkway Lakes area is the $1.63 price per square foot C1 Model at Echelon on 99 in the in the Chelsea Harbour neighborhood starting from $2,270. The second greatest value Parkway Lakes apartment is the 3 Bed, 2 Bath A Model at Allora Bella Terra starting at $2,107 with a $1.56 price per square foot in the Firethorne 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. |
|---|---|---|---|
| Echelon on 99 | C1 | 3BR,2BA | $1.63 |
| Allora Bella Terra | 3 Bed, 2 Bath A | 3BR,2BA | $1.56 |
| Advenir at Grand Parkway West | Vanderbuilt A | 3BR,2BA | $1.44 |
| Marquis Grand Lakes | 3A | 3BR,2BA | $1.53 |
| Grand Fountain | A2 | 1BR,1BA | $1.50 |
| Alleia Long Meadow Farms | A3 | 1BR,1BA | $1.61 |
| Grandea Lakemont | A2 | 1BR,1BA | $1.49 |
| 7970 Grand | 1 BED / 1 BATH | 1BR,1BA | $1.46 |
| Prose District West | A1 | 1BR,1BA | $1.47 |
| Waterside Village | 1x1 | 1BR,1BA | $1.59 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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
3.5Pet 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 36 Apartments for Rent in Parkway Lakes, TX with pricing that ranges from $919 to $4,044. There are also 203 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway Lakes ranging from $1,348 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 $1,348 to $12,500 with an average monthly rent of $2,774.
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.
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Articles, How-To's, and Tips

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.