
Cheap Homes for Rent in Rainbow Parke Neighborhood of Round Rock, TX from $300 (22 Rentals)
Search the lowest-cost Homes available for rent right now in the Rainbow Parke area of Round Rock.


403 Maple Run Dr

3928 Bonnie Ln

1534 Lorson Loop

1705 Cushing Park Dr

204 Tower Dr

Room in Townhome on Zodiac Ln
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.

1844 Red Rock Dr, Unit 1 center, Unit 1 center

1607 Onion Creek Village Dr

2008 Old W Pl

Total Monthly Price
3801 N A W Grimes Blvd, Unit SI FL3-ID318

1206 Westcott Dr

416 Greenlawn Blvd

705 Misty Morning Way
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.

1816 Rawhide Loop

2003 Old W Pl

422 Chisholm Valley Dr

2122 Andover Dr

2107 Magnolia Dr

2001 Magnolia Dr

513 Texas Ave
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.

Total Monthly Price
3801 N A W Grimes Blvd, Unit SI FL3-ID327
Rainbow Parke, Round Rock, TX Local Guide

How much does it cost to rent a home in Rainbow Parke?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rainbow Parke 2 Bedroom Homes for Rent | $1,558 | $1,100 | $3,800 |
| Rainbow Parke 3 Bedroom Homes for Rent | $2,093 | $1,395 | $5,500 |
| Rainbow Parke 4 Bedroom Homes for Rent | $2,575 | $1,850 | $8,500 |
| Rainbow Parke 5 Bedroom Homes for Rent | $3,322 | $2,700 | $5,500 |
| Rainbow Parke 6 Bedroom Homes for Rent | $1,600 | $1,600 | $1,600 |
Browse Homes for Rent in this Neighborhood
There are currently 22 rentals with your search options within a 3 mile radius of the Rainbow Parke Neighborhood of Round Rock, TX.
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Rainbow Parke, Round Rock, TX Local Guide
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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. Apple Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Rainbow Parke apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sunchase | A1 | 1BR,1BA | $795 |
| Apple Creek Apartments | 1x1-460 | 1BR,1BA | $850 |
| District at La Frontera | A2 | 1BR,1BA | $861 |
| Summerset | Studio | Studio,1BA | $875 |
| Cedar Station Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $875 |
Best Value Apartments for Rent in Rainbow Parke, TX
As of May 24, 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 A Model at Shadow Ridge starting at $1,707 with a $1.28 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1029 Forest Bluff Trail, Unit Full House | 1029 Forest Bluff Trail | 4BR,2BA | $1.08 |
| Shadow Ridge | 3x2 A | 3BR,2BA | $1.28 |
| Bellwood | 3x2 | 3BR,2BA | $0.97 |
| Townhomes at Double Creek | The Birch | 3BR,2BA | $1.22 |
| Falls Round Rock | B1 | 2BR,2BA | $1.28 |
| Parkwood Terrace | B1 | 2BR,1BA | $1.24 |
| Tramor at Autumn Park | B1 | 2BR,2BA | $1.05 |
| City North at Sunrise Ranch | Willow | 1BR,1BA | $1.26 |
| Westchester Woods Apartments | A2 | 1BR,1BA | $1.17 |
| Cedar Station Apartments | 1 Bedroom, 1 Bath | 1BR,1BA | $1.27 |
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 ArticleReal 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.
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 LifestyleRainbow Parke, Round Rock, TX
Ranked #2
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 107 Apartments for Rent in Rainbow Parke, TX with pricing that ranges from $815 to $6,884. There are also 223 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rainbow Parke ranging from $360 to $8,500.
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 $360 to $8,500 with an average monthly rent of $1,945.
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 $1,199 to $6,884, 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 $1,850 and Four Bedroom Apartments start at $1,643.
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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