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Cheap Apartments for Rent in the Parker Lane Neighborhood of Austin, TX from $500 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parker Lane area of Austin.
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from $6391 to 3 Bedroom Apartments Available Now
Parker Lane Apartments
2105 Parker LnAustin, TX 78741
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from $7291 to 2 Bedroom Apartments Available Now
Coppertree
2425 Cromwell CirAustin, TX 78741
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from $7501 to 2 Bedroom Apartments Available Now
Forest Creek Apartments
1401 Saint Edwards DrAustin, TX 78704
1901 Crossing Pl
AustinTX78741
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from $770Studio to 2 Bedroom Apartments Available Now
Emerson Apartments
1919 Burton DrAustin, TX 78741
1901 Crossing Pl
AustinTX78741
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Rent Specials
from $8001 to 2 Bedroom Apartments Available Now
The Patten East
2239 Cromwell CirAustin, TX 78741
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1901 Crossing Pl
AustinTX78741
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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Rent Specials
from $899Studio to 3 Bedroom Apartments Available Now
Point South and Bridgehollow
1910 Willow Creek DrAustin, TX 78741
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from $899Studio to 4 Bedroom Apartments Available Now
Metropolis Apartments
2200 S Pleasant Valley RdAustin, TX 78741
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from $9091 to 3 Bedroom Apartments Available Now
The Social Apartments
1817 E Oltorf StAustin, TX 78741
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from $9101 to 3 Bedroom Apartments Available Now
Vi Collina
2401 E Oltorf StAustin, TX 78741
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from $9201 to 3 Bedroom Apartments Available Now
Acclaim at South Congress
701 Woodward StAustin, TX 78704
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1901 Crossing Pl
AustinTX78741
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Rent Specials
from $976Studio to 3 Bedroom Apartments Available Now
Oltera in SoEast
4404 E Oltorf StAustin, TX 78741
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Rent Specials
from $9991 to 4 Bedroom Apartments Available Now
Paradise Oaks Apartments
1500 Faro DrAustin, TX 78741
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from $999Studio to 2 Bedroom Apartments Available Now
Treehouse Apartments
2501 Wickersham LnAustin, TX 78741
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2809 Parker Ln
AustinTX78741
2500 Burleson Ct
AustinTX78741
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Austin's Best Affordable Neighborhoods
Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado
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1 to 3 Bedroom Apartments
Polaris on the Park - Renovated Apartments
1710-1720 Woodward StAustin, TX 78741
Showing Results 1-32, Page 1 of 1
Parker Lane, Austin, TX Local Guide
Austin over Town Lake by K.R. is licensed under Internal
How much does it cost to rent an apartment in Parker Lane?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parker Lane Studio Apartments | $1,319 | $771 | $1,949 |
| Parker Lane 1 Bedroom Apartments | $1,220 | $525 | $4,160 |
| Parker Lane 2 Bedroom Apartments | $1,584 | $770 | $4,669 |
| Parker Lane 3 Bedroom Apartments | $1,915 | $893 | $6,829 |
| Parker Lane 4 Bedroom Apartments | $1,904 | $750 | $2,397 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Parker Lane Neighborhood of Austin, TX.
See all Apartments in AustinExplore Austin
Parker Lane, Austin, TX Local Guide
- Nearby Austin neighborhoods
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Cheapest Available Parker Lane Apartments for Rent
The cheapest available apartment rental in the Parker Lane area of Austin, TX is a 1 Bed unit found at Chevy Chase Downs priced from $699. Forest Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Parker Lane apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chevy Chase Downs | 1BR/1BA | 1BR,1BA | $699 |
| Forest Creek Apartments | 1 Bedroom A2 | 1BR,1BA | $750 |
| Coppertree | Coventry | 1BR,1BA | $769 |
| Parker Lane Apartments | Two Bedroom | 2BR,2BA | $770 |
| Emerson Apartments | STUDIO | Studio,1BA | $771 |
| The Patten East | The Vaughn | 1BR,1BA | $800 |
| Aero Riverside | A2 | 1BR,1BA | $804 |
| Array | 1A | 1BR,1BA | $814 |
| The Patten West | A1 | 1BR,1BA | $829 |
| Alister Apartments | Studio | Studio,1BA | $848 |
Best Value Apartments for Rent in Parker Lane, TX
As of May 01, 2025 the best value apartment in the Parker Lane area is the $1.38 price per square foot 32A Model at Array in the in the South River City neighborhood starting from $1,909. The second greatest value Parker Lane apartment is the The Swinger Model at The Social Apartments starting at $1,531 with a $1.21 price per square foot in the South River City neighborhood. Here is today’s list of the best values for Parker Lane apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Array | 32A | 3BR,2BA | $1.38 |
| The Social Apartments | The Swinger | 3BR,2BA | $1.21 |
| Parker Lane Apartments | Two Bedroom | 2BR,2BA | $0.75 |
| Acclaim at South Congress | 2b1bblc | 2BR,1BA | $1.25 |
| Metropolis Apartments | B2 | 2BR,2BA | $1.26 |
| Coppertree | Cromwell | 2BR,2BA | $1.33 |
| Polaris on the Park - Renovated Apartments | 1 Bedroom | 1BR,1BA | $1.39 |
| Forest Creek Apartments | 1 Bedroom A1 | 1BR,1BA | $1.19 |
| Vi Collina | A1 | 1BR,1BA | $1.40 |
| Chevy Chase Downs | 1BR/1BA | 1BR,1BA | $1.33 |
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Pet Friendly LifestyleParker Lane, Austin, TX
Ranked #119
Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Lifestyle Ratings
Our team is proud to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Parker Lane, Austin, and the greater Austin area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Parker Lane Neighborhood in Austin, TX
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
58 / 100
Bikeable
Some bike infrastructure
Transit Score®
40 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Parker Lane Apartments
What is a cheap apartment in Parker Lane?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parker Lane is under $848.
What is the price of a cheap apartment in Parker Lane?
The cheapest apartment in Parker Lane is Chevy Chase Downs which is listed at $699, while the average apartment in Parker Lane costs $2,227.
What types of apartments are the cheapest in Parker Lane?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 77 regular apartments in Parker Lane that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Parker Lane?
Cheap apartments in Parker Lane have an average cost of $727 which is $1,500 cheaper than the average rent for all rentals in Parker Lane.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.