Cheap Homes for Rent in Parkway Lakes Neighborhood of Richmond, TX from $1,100 (15 Rentals)

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

property at 7303 Pasture Ln

7303 Pasture Ln

RichmondTX77407
property at 5123 Harlem Rd

5123 Harlem Rd

RichmondTX77407

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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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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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. Grand Reserve has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,009. Here are the most affordable Parkway Lakes apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Ashley HouseA31BR,1BA$999
Grand ReserveA11BR,1BA$1,009
Montage at Cinco RanchThe LenoxStudio,1BA$1,021
Satori at Long MeadowA1L1BR,1BA$1,026
Deseo at Grand MissionA31BR,1BA$1,070

Best Value Apartments for Rent in Parkway Lakes, TX

As of December 08, 2025 the best value apartment in the Parkway Lakes area is the $1.41 price per square foot C1 Model at Echelon on 99 in the in the Chelsea Harbour neighborhood starting from $1,965. The second greatest value Parkway Lakes apartment is the C1 Model at Grand Reserve starting at $2,202 with a $1.59 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.
Echelon on 99C13BR,2BA$1.41
Grand ReserveC13BR,2BA$1.59
Advenir at Grand Parkway WestVanderbuilt A3BR,2BA$1.44
Palms at Cinco RanchA81BR,1BA$1.62
Deseo at Grand MissionA51BR,1BA$1.59
Waterstone at Cinco RanchA1G - Attached Garage Included1BR,1BA$1.64
Alleia Long Meadow FarmsA11BR,1BA$1.62
Marquis Grand Lakes1B1BR,1BA$1.53
Prose District WestA11BR,1BA$1.65
Satori at Long MeadowA1L1BR,1BA$1.48

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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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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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 $1,014 to $5,037. There are also 245 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway Lakes ranging from $1,125 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 $1,125 to $5,550 with an average monthly rent of $2,656.

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 $1,516 to $5,037, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,860 to $3,900. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,575.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!