Cheap Homes for Rent in Parkway Lakes Neighborhood of Richmond, TX from $1,000 (29 Rentals)

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

property at 9900 Mason Rd

9900 Mason Rd

RichmondTX77406
property at 20020 FM 1093

20020 FM 1093

RichmondTX77407
property at 7303 Pasture Ln

7303 Pasture Ln

RichmondTX77407
property at 7115 Mason Rd

7115 Mason Rd

RichmondTX77407

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.

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.

property at 5303 Mason Rd

5303 Mason Rd

KatyTX77450

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.

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.

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 $1,059. Here are the most affordable Parkway Lakes apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Ashley HouseA31BR,1BA$999
Montage at Cinco RanchThe SurreyStudio,1BA$1,059
Deseo at Grand MissionEspada1BR,1BA$1,061
Waterside Village1x11BR,1BA$1,105
Allora Cinco RanchA3 60-Essential Housing1BR,1BA$1,119
Cyan Cinco Ranch ApartmentsHoney1BR,1BA$1,126
Marquis Grand Lakes1B1BR,1BA$1,129
Marquis Seven Lakes1A1BR,1BA$1,138
Palms at Cinco RanchA11BR,1BA$1,167
Marquis Seven Meadows1A1BR,1BA$1,198

Best Value Apartments for Rent in Parkway Lakes, TX

As of September 20, 2025 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 $1,883. The second greatest value Parkway Lakes apartment is the 3A Model at Marquis Grand Lakes starting at $1,891 with a $1.57 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$1.57
Grand FountainB22BR,2BA$1.65
Cortland LakemontBonham2BR,2BA$1.54
Waterstone at Cinco RanchA3G - Attached Garage Included1BR,1BA$1.60
Echelon on 99A41BR,1BA$1.61
Grand ReserveA51BR,1BA$1.60
Cyan Cinco Ranch ApartmentsSandstone1BR,1BA$1.59
Deseo at Grand MissionAdobe1BR,1BA$1.54
Waterside Village1x11BR,1BA$1.65

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 $1,027 to $4,759. There are also 277 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway Lakes ranging from $1,108 to $5,200.

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 $1,108 to $5,200 with an average monthly rent of $2,911.

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 $4,759, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $4,999. Four Bedroom Single-Family rentals are also available starting from $1,995 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.

decorative image for The 10 Best Affordable Neighborhoods in Houston, TX article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.