Cheap Apartments for Rent in the Rainbow Parke Neighborhood of Round Rock, TX from $649 (101 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Rainbow Parke area of Round Rock.

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Brixton
Rent Specials
$874 - $1,675
Total Monthly Price

Total Monthly Price

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$874 - $1,675
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Brixton

2800 La Frontera BlvdRound Rock, TX 78681
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Austin's Best Affordable Neighborhoods

Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

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Calder
Rent Specials
$910 - $1,856
Total Monthly Price

Total Monthly Price

Base Rent
$910 - $1,856
Total Monthly Price
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1 to 3 Bedroom Apartments Available Aug 29

Calder

941 Hesters Crossing RdRound Rock, TX 78681
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The Creek
Rent Specials
$945 - $1,782
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,782
Total Monthly Price
$945 - $1,782
1 to 2 Bedroom Apartments Available Now

The Creek

1525 Palm Valley BlvdRound Rock, TX 78664
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Falls Round Rock
$1,027 - $2,092
Total Monthly Price

Total Monthly Price

Base Rent
$1,027 - $2,092
Total Monthly Price
$1,027 - $2,092
1 to 3 Bedroom Apartments Available Sep 23

Falls Round Rock

515 E Palm Valley BlvdRound Rock, TX 78664
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Lantower Round Rock
Rent Specials
$1,126 - $9,646
Total Monthly Price

Total Monthly Price

Base Rent
$1,126 - $9,646
Total Monthly Price
$1,126 - $9,646
1 to 3 Bedroom Apartments Available Now

Lantower Round Rock

1801 Warner Ranch DrRound Rock, TX 78664
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Azola Avery Centre
$1,155 - $2,433
Total Monthly Price

Total Monthly Price

Base Rent
$1,155 - $2,433
Total Monthly Price
$1,155 - $2,433
Studio to 3 Bedroom Apartments Available Now

Azola Avery Centre

3801 N A W Grimes BlvdRound Rock, TX 78665
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Lone Oak
$1,209 - $2,052
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$1,209 - $2,052
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1 to 3 Bedroom Apartments Available Now

Lone Oak

1201 Hidden Valley DrRound Rock, TX 78665
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The Sommery
Rent Specials
$1,211 - $2,397
Total Monthly Price

Total Monthly Price

Base Rent
$1,211 - $2,397
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1 to 3 Bedroom Apartments Available Now

The Sommery

5540 Sofia PlRound Rock, TX 78665
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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.

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Rainbow Parke, Round Rock, TX Local Guide

Cheapest Available Rainbow Parke Apartments for Rent

 

The cheapest available apartment rental in the Rainbow Parke area of Austin, TX is a 1 Bed unit found at Sunchase priced from $795. Tramor at Autumn Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here are the most affordable Rainbow Parke apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
SunchaseA11BR,1BA$795
Tramor at Autumn ParkA21BR,1BA$835
Arbor Trails Apartment Homes1 Bedroom A1BR,1BA$850
BrixtonA11BR,1BA$874
Bellwood1x11BR,1BA$892
Apple Creek Apartments1x1-4601BR,1BA$900
SummersetStudioStudio,1BA$910
District at La FronteraA21BR,1BA$916
Westchester Woods ApartmentsA11BR,1BA$925

Best Value Apartments for Rent in Rainbow Parke, TX

As of August 25, 2026 the best value apartment in the Rainbow Parke area is the $1.08 price per square foot 1029 Forest Bluff Trail Model at 1029 Forest Bluff Trail, Unit Full House in the in the Round Rock neighborhood starting from $2,195. The second greatest value Rainbow Parke apartment is the 3x2 A Model at Shadow Ridge starting at $1,707 with a $1.28 price per square foot in the Round Rock neighborhood. Here is today’s list of the best values for Rainbow Parke apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1029 Forest Bluff Trail, Unit Full House1029 Forest Bluff Trail4BR,2BA$1.08
Shadow Ridge3x2 A3BR,2BA$1.28
City North at Sunrise RanchMahogany2BR,2BA$1.20
Townhomes at Double CreekThe Birch3BR,2BA$1.22
Parkwood TerraceB12BR,1BA$1.09
MAA Sierra Vista11B1BR,1BA$1.26
Bellwood1x11BR,1BA$1.16
District at La FronteraA21BR,1BA$1.26
Westchester Woods ApartmentsA11BR,1BA$1.29
BrixtonA11BR,1BA$1.32

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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
Rainbow Parke, Round Rock, TX

Ranked #4

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Rainbow Parke, Round Rock, TX

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in areas across the United States, including Round Rock. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Rainbow Parke Apartments

What is a cheap apartment in Rainbow Parke?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rainbow Parke is under $925.

What is the price of a cheap apartment in Rainbow Parke?

The cheapest apartment in Rainbow Parke is Sunchase which is listed at $795, while the average apartment in Rainbow Parke costs $1,426.

What types of apartments are the cheapest in Rainbow Parke?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 19 regular apartments in Rainbow Parke that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Rainbow Parke?

Cheap apartments in Rainbow Parke have an average cost of $508 which is $918 cheaper than the average rent for all rentals in Rainbow Parke.

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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