
Cheap Homes for Rent in Parkway Lakes Neighborhood of Richmond, TX from $1,100 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Parkway Lakes area of Richmond.


22000 Bellaire Blvd

6906 S Mason Rd

7303 Pasture Ln

5123 Harlem Rd
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.

24929 Katy Ranch Rd

4647 Harvest Corner Dr

20326 Lakemont Bend Ln

7234 S Mason Rd

7765 W Grand Pkwy S
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.

7666 S Mason Rd

23000 Bellaire Blvd

7201 S Mason Rd

5709 Katy-Gaston Rd

7800 Grand Mission Blvd
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.

19318 Desert Calico Ln

21407 Somerset Park Ln
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 | $2,062 | $1,470 | $3,800 |
| Parkway Lakes 3 Bedroom Homes for Rent | $2,389 | $1,800 | $4,999 |
| Parkway Lakes 4 Bedroom Homes for Rent | $2,821 | $2,000 | $5,200 |
| Parkway Lakes 5 Bedroom Homes for Rent | $3,168 | $2,200 | $4,500 |
| Parkway Lakes 6 Bedroom Homes for Rent | $4,700 | $4,500 | $4,900 |
Browse Homes for Rent in this Neighborhood
There are currently 17 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
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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 $999. Montage at Cinco Ranch has the second lowest priced unit, which is a Studio apartment currently listed from $1,021. Here are the most affordable Parkway Lakes apartments for rent in Houston, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashley House | A3 | 1BR,1BA | $999 |
| Montage at Cinco Ranch | The Lenox | Studio,1BA | $1,021 |
| Deseo at Grand Mission | A1 | 1BR,1BA | $1,025 |
| Cyan Cinco Ranch Apartments | Sandstone | 1BR,1BA | $1,038 |
| Palms at Cinco Ranch | A5 | 1BR,1BA | $1,041 |
Best Value Apartments for Rent in Parkway Lakes, TX
As of November 17, 2025 the best value apartment in the Parkway Lakes area is the $1.42 price per square foot D2 Model at Palms at Cinco Ranch in the in the Firethorne neighborhood starting from $2,123. The second greatest value Parkway Lakes apartment is the Vanderbuilt A Model at Advenir at Grand Parkway West starting at $1,883 with a $1.44 price per square foot in the Lakemont 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. |
|---|---|---|---|
| Palms at Cinco Ranch | D2 | 3BR,2BA | $1.42 |
| Advenir at Grand Parkway West | Vanderbuilt A | 3BR,2BA | $1.44 |
| Cyan Cinco Ranch Apartments | Rust | 2BR,2BA | $1.67 |
| Marquis Seven Meadows | 2A | 2BR,2BA | $1.62 |
| Ashley House | B2 | 2BR,2BA | $1.34 |
| Echelon on 99 | A2 | 1BR,1BA | $1.40 |
| Grand Reserve | A5 | 1BR,1BA | $1.53 |
| Alleia Long Meadow Farms | A1UG | 1BR,1BA | $1.70 |
| Deseo at Grand Mission | A4 | 1BR,1BA | $1.38 |
| Grand Fountain | A1 | 1BR,1BA | $1.63 |
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
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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 $1,000 to $5,037. There are also 265 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkway Lakes ranging from $1,125 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 $1,125 to $5,200 with an average monthly rent of $2,745.
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 $1,800 to $4,999. 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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.