Cheap Homes for Rent in Rainbow Parke Neighborhood of Round Rock, TX from $400 (31 Rentals)

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

property at 2800 Sunrise Rd

2800 Sunrise Rd

Round RockTX78665
property at 101 E Bowman Rd

101 E Bowman Rd

Round RockTX78664
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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 Chandler Creek Apartments priced from $800. Sunchase has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here are the most affordable Rainbow Parke apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Chandler Creek ApartmentsAspara1BR,1BA$800
SunchaseA11BR,1BA$815
The CreekA21BR,1BA$896
Enclave at La FronteraA11BR,1BA$899
Arbor Trails Apartment Homes1 Bed 1 Bath1BR,1BA$899
Crest Round RockA11BR,1BA$929
District at La FronteraA21BR,1BA$941
Lakeside at La FronteraA11BR,1BA$947
The Emerson ApartmentsA1BR,1BA$952

Best Value Apartments for Rent in Rainbow Parke, TX

As of September 19, 2025 the best value apartment in the Rainbow Parke area is the $1.23 price per square foot Three Bedroom Model at Shadow Ridge Apartment Homes in the in the Chandler Road Retail neighborhood starting from $1,707. The second greatest value Rainbow Parke apartment is the Sierra Model at Chandler Creek Apartments starting at $1,500 with a $1.31 price per square foot in the Chandler Road Retail 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.
Shadow Ridge Apartment HomesThree Bedroom3BR,2BA$1.23
Chandler Creek ApartmentsSierra3BR,2BA$1.31
Montelena ApartmentsTerrain3BR,2BA$1.29
City North at Sunrise RanchMahogany2BR,2BA$1.29
Townhomes at Double CreekThe Birch3BR,2BA$1.22
Parkwood TerraceB22BR,1.5BA$1.23
Tramor at Autumn ParkB22BR,2BA$1.28
The CreekB22BR,2BA$1.30
Bellwood Apartments- Income Restricted1 Bed 1 Bath1BR,1BA$1.30
Palm ValleyAthens1BR,1BA$1.32

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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

Frequently Asked Questions about Rainbow Parke

What type of rentals are currently available in Rainbow Parke?

There are currently 112 Apartments for Rent in Rainbow Parke, TX with pricing that ranges from $800 to $7,141. There are also 408 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rainbow Parke ranging from $450 to $5,800.

What is the current price range for Rental Homes in Rainbow Parke?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rainbow Parke ranges from $450 to $5,800 with an average monthly rent of $2,295.

How much are larger Three and Four Bedroom Rentals in Rainbow Parke?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Rainbow Parke range from $1,350 to $5,620, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $1,643.

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 Austin, TX

Written by: Raul Mercado

I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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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! 

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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.

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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.