Cheap Apartments for Rent in the Rainbow Parke Neighborhood of Round Rock, TX from $700 (109 Rentals)

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

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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The Creek
Rent Specials
$944 - $1,971
Total Monthly Price

Total Monthly Price

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$944 - $1,971
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1 to 2 Bedroom Apartments Available Now

The Creek

1525 Palm Valley BlvdRound Rock, TX 78664
Outdoors
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  • 3D Tour

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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Lone Oak
Rent Specials
$1,062 - $2,188
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Total Monthly Price

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$1,062 - $2,188
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1 to 3 Bedroom Apartments Available Now

Lone Oak

1201 Hidden Valley DrRound Rock, TX 78665
Pet Friendly
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Lantower Round Rock
Rent Specials
$1,089 - $2,076
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$1,089 - $2,076
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1 to 3 Bedroom Apartments Available Now

Lantower Round Rock

1801 Warner Ranch DrRound Rock, TX 78664
Corporate Housing
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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.

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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.

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The Sommery
Rent Specials
$1,244 - $2,349
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Total Monthly Price

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$1,244 - $2,349
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1 to 3 Bedroom Apartments Available Now

The Sommery

5540 Sofia PlRound Rock, TX 78665
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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.

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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 Apple Creek Apartments priced from $750. Sunchase has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Rainbow Parke apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Apple Creek Apartments1x1-4601BR,1BA$750
SunchaseA11BR,1BA$825
Madison Dell Ranch ApartmentsA2 - 673 Sq. Ft.1BR,1BA$854
Enclave at LaFronteraA11BR,1BA$865
Crest Round RockA11BR,1BA$869
SummersetStudioStudio,1BA$875
Derby ParkA21BR,1BA$880
Belmont PlaceA11BR,1BA$884
Bellwood1x11BR,1BA$892
District at La FronteraA21BR,1BA$897

Best Value Apartments for Rent in Rainbow Parke, TX

As of April 11, 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 The Commons At Rowe Lane neighborhood starting from $2,195. The second greatest value Rainbow Parke apartment is the 3x2 Model at Bellwood starting at $1,562 with a $1.26 price per square foot in the Bryan-Sloan 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
Bellwood3x23BR,2BA$1.26
Townhomes at Double CreekThe Birch3BR,2BA$1.22
Chandler Creek ApartmentsPositano2BR,2BA$1.33
Tramor at Autumn ParkB22BR,2BA$1.28
Parkwood TerraceB12BR,1BA$1.18
Palm ValleyTorino1BR,1BA$1.28
City North at Sunrise RanchWillow1BR,1BA$1.29
Westchester Woods ApartmentsA11BR,1BA$1.29
Belmont PlaceA11BR,1BA$1.26

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.

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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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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.

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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
Rainbow Parke, Round Rock, TX

Ranked #2

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 the Cheapest Studio apartment in Rainbow Parke?

Currently the most affordable Cheap Studio Apartment in Rainbow Parke is at Summerset listed at $875.

How much is rent for a Cheap One Bedroom Rainbow Parke Apartment?

The lowest price for a Cheap One Bedroom Rainbow Parke Apartment is $728 at Madison Dell Ranch Apartments.

What is the lowest price for a Cheap Two Bedroom Rainbow Parke Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Rainbow Parke is starting from $915 at Sunchase.

What is the most affordable Rainbow Parke Three Bedroom Apartment?

The best deal on a cheap Rainbow Parke Three Bedroom Apartment rental is at Bellwood and starts from $1,131.

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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