Cheap Apartments for Rent in the Parker Lane Neighborhood of Austin, TX from $600 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parker Lane area of Austin.

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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Aero Riverside
1 to 2 Bedroom Apartments

Aero Riverside

2201 Willow Creek DrAustin, TX 78741
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Alister Apartments
Studio to 2 Bedroom Apartments

Alister Apartments

1845 Burton DrAustin, TX 78741
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Point South
Studio to 4 Bedroom Apartments

Point South

2200 Willow Creek DrAustin, TX 78741
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Chandelier
1 to 2 Bedroom Apartments

Chandelier

2336 Douglas StAustin, TX 78741
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Daffodil Apartments
2 Bedroom Apartments

Daffodil Apartments

6009 Daffodil DrAustin, TX 78744
  • Utilities Included
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Verde Apartments
1 to 2 Bedroom Apartments

Verde Apartments

2310 Wickersham LnAustin, TX 78741
property at 2124 Burton Dr

2124 Burton Dr

AustinTX78741
Showing Results 1-34, Page 1 of 1

Parker Lane, Austin, TX Local Guide

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. Aero Riverside has the second lowest priced unit, which is a 1 Bed apartment currently listed from $762. Here are the most affordable Parker Lane apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Chevy Chase Downs1BR/1BA1BR,1BA$699
Aero RiversideA21BR,1BA$762
Parker Lane ApartmentsTwo Bedroom2BR,2BA$770
The Patten WestA11BR,1BA$829
Array1A1BR,1BA$830
Alister Apartments11A1BR,1BA$833
Emerson ApartmentsSTUDIOStudio,1BA$849
Grace WoodsA31BR,1BA$860
Forest Creek Apartments1 Bedroom A21BR,1BA$880

Best Value Apartments for Rent in Parker Lane, TX

As of March 22, 2025 the best value apartment in the Parker Lane area is the $1.41 price per square foot 32B Model at Array in the in the South River City neighborhood starting from $2,015. The second greatest value Parker Lane apartment is the Room in Condo on Crossing Pl Model at Room in Condo on Crossing Pl starting at $750 with a $0.58 price per square foot in the Oltorf-East Riverside neighborhood. Here is today’s list of the best values for Parker Lane apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Array32B3BR,2BA$1.41
Room in Condo on Crossing PlRoom in Condo on Crossing Pl1BR,1BA$0.58
Paradise Oaks ApartmentsB22BR,2BA$1.43
Parker Lane ApartmentsTwo Bedroom2BR,2BA$0.75
Acclaim at South Congress2b1bblc2BR,1BA$1.25
Verde ApartmentsB12BR,1BA$1.50
Chevy Chase Downs2BR/1.5BA2BR,1.5BA$1.43
Forest Creek Apartments1 Bedroom A11BR,1BA$1.46
Vi CollinaA11BR,1BA$1.40
The Patten WestA11BR,1BA$1.52

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Pet Friendly Lifestyle
Parker Lane, Austin, TX

Ranked #105

Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 $880.

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 $2,086.

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 1,197 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 $790 which is $1,296 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.

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The 10 Best Affordable Neighborhoods in Austin, TX

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

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

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When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.