
Cheap Homes for Rent in Rainbow Parke Neighborhood of Round Rock, TX from $400 (38 Rentals)
Search the lowest-cost Homes available for rent right now in the Rainbow Parke area of Round Rock.


702 Dover Ln

3928 Bonnie Ln

Room in House on Alice Jay Wy

600 Firethorn Ln

1700 Balsam Way

2100 Rosemary Ln

Furnished Studio-Austin - Round Rock - North

1603 Onion Creek Village Dr
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.

Furnished Studio-Austin - Round Rock

1803 Rawhide Dr

3801 N A W Grimes Blvd

906 Country Aire Dr

3801 N A W Grimes Blvd

3801 N A W Grimes Blvd

3 Woodland Loop

319 Greenlawn Blvd

3801 N A W Grimes Blvd
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.

3801 N A W Grimes Blvd

1309 Westcott Dr

1306 Westcott Dr

405 Burlwood Ct

1402 Westcott Dr

1008 Cushing Dr

608 Country Aire Dr

200 Laurel Dr

Furnished Studio-Austin - Round Rock - South
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.

500 Hesters Crossing Rd

1109 Woodlief Trail

626 Greenlawn Blvd

1704 Rawhide Loop

2400 Louis Henna Blvd

901 S Mays St

2122 Andover Dr

2005 Old W Pl

2808 Southampton Way
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.

2009 Greenhill Dr

410 Parkhill Cove
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 | $1,689 | $950 | $4,800 |
| Rainbow Parke 3 Bedroom Homes for Rent | $1,966 | $1,450 | $5,500 |
| Rainbow Parke 4 Bedroom Homes for Rent | $2,400 | $1,250 | $5,800 |
| Rainbow Parke 5 Bedroom Homes for Rent | $2,845 | $2,100 | $5,800 |
| Rainbow Parke 6 Bedroom Homes for Rent | $3,399 | $2,999 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 38 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 The Creek priced from $711. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Creek | A2 | 1BR,1BA | $711 |
| Tramor at Autumn Park | A1 | 1BR,1BA | $835 |
| Lakeside at La Frontera | A1 | 1BR,1BA | $841 |
| Sunchase | A1 | 1BR,1BA | $845 |
| Enclave at LaFrontera | A1 | 1BR,1BA | $865 |
| Summerset | Studio | Studio,1BA | $875 |
| Arbor Trails Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $900 |
| District at La Frontera | A1 | 1BR,1BA | $908 |
| Crest Round Rock | A1 | 1BR,1BA | $909 |
| Parkwood Terrace | A1 | 1BR,1BA | $918 |
Best Value Apartments for Rent in Rainbow Parke, TX
As of November 16, 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 C4 Model at Parkwood Terrace starting at $1,766 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shadow Ridge Apartment Homes | Three Bedroom | 3BR,2BA | $1.23 |
| Parkwood Terrace | C4 | 3BR,2BA | $1.31 |
| Chandler Creek Apartments | Sierra | 3BR,2BA | $1.27 |
| 926 Chisholm Cv, Unit 926 Chisholm Cv | 926 Chisholm Cv | 2BR,1.5BA | $1.18 |
| City North at Sunrise Ranch | Mahogany | 2BR,2BA | $1.30 |
| Townhomes at Double Creek | The Birch | 3BR,2BA | $1.22 |
| Falls Round Rock | A3 | 2BR,1BA | $1.28 |
| Palm Valley | Sydney | 1BR,1BA | $1.27 |
| Westchester Woods Apartments | A2 | 1BR,1BA | $1.30 |
| Lakeside at La Frontera | A1 | 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 ArticleThe 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.
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 #3
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 111 Apartments for Rent in Rainbow Parke, TX with pricing that ranges from $800 to $5,749. There are also 371 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 $2,156.
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 $1,135 to $5,749, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $5,500. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $1,624.
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.

The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.