Cheap Homes for Rent in Rainbow Parke Neighborhood of Round Rock, TX from $400 (32 Rentals)

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

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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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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 $815. District at La Frontera has the second lowest priced unit, which is a 1 Bed apartment currently listed from $877. Here are the most affordable Rainbow Parke apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
SunchaseA11BR,1BA$815
District at La FronteraA11BR,1BA$877
Apple Creek Apartments1x1-4601BR,1BA$925
Crest Round RockA11BR,1BA$929
The Emerson ApartmentsA21BR,1BA$951
City North at Sunrise RanchLaurel1BR,1BA$961
Enclave at La FronteraA | ALUX1BR,1BA$969
Derby Park ApartmentsA11BR,1BA$974
Arrington RidgeMesa1BR,1BA$990
Arbor Trails Apartment Homes1 Bedroom A1BR,1BA$999

Best Value Apartments for Rent in Rainbow Parke, TX

As of July 30, 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 3BR/2BA Model at Summerset starting at $1,545 with a $1.40 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
Summerset3BR/2BA3BR,2BA$1.40
Townhomes at Double CreekThe Birch3BR,2BA$1.22
Tramor at Autumn ParkB22BR,2BA$1.28
Parkwood TerraceB12BR,1BA$1.33
The CreekB12BR,1BA$1.42
MAA Sierra Vista11B1BR,1BA$1.30
City North at Sunrise RanchWillow1BR,1BA$1.37
Regency Dell Ranch ApartmentsA2 733 Sq. Ft. 2nd Floor1BR,1BA$1.41
District at La FronteraA11BR,1BA$1.37

Quick Rent Budget Calculator

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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 $835 to $5,970. There are also 387 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rainbow Parke ranging from $445 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 $445 to $5,800 with an average monthly rent of $2,132.

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 $5,915, 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 $1,550 and Four Bedroom Apartments start at $1,700.

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.