Cheap Homes for Rent in Parker Lane Neighborhood of Austin, TX from $900 (16 Rentals)

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

property at 2124 Burton Dr

2124 Burton Dr

AustinTX78741

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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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 Vi Collina priced from $631. Chevy Chase Downs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Parker Lane apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Vi CollinaA11BR,1BA$631
Chevy Chase Downs1BR/1BA1BR,1BA$699
Forest Creek Apartments1 Bedroom A21BR,1BA$750
CoppertreeCoventry1BR,1BA$769
Parker Lane ApartmentsTwo Bedroom2BR,2BA$770

Best Value Apartments for Rent in Parker Lane, TX

As of April 09, 2025 the best value apartment in the Parker Lane area is the $1.43 price per square foot B2 Model at Paradise Oaks Apartments in the in the Oltorf-East Riverside neighborhood starting from $1,550. The second greatest value Parker Lane apartment is the 3 Bed, 2 Bath (60% Income Restricted) Model at Avonmora Apartments starting at $1,495 with a $1.43 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.
Paradise Oaks ApartmentsB22BR,2BA$1.43
Avonmora Apartments3 Bed, 2 Bath (60% Income Restricted)3BR,2BA$1.43
Parker Lane ApartmentsTwo Bedroom2BR,2BA$0.75
Acclaim at South Congress2b1bblc2BR,1BA$1.25
Vi CollinaB22BR,2BA$1.28
CoppertreeCromwell2BR,2BA$1.33
Chevy Chase Downs2BR/1.5BA2BR,1.5BA$1.43
Array1C1BR,1BA$1.41
Forest Creek Apartments1 Bedroom A11BR,1BA$1.19
Hillside CreekA11BR,1BA$1.43

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Frequently Asked Questions about Parker Lane

What type of rentals are currently available in Parker Lane?

There are currently 59 Apartments for Rent in Parker Lane, TX with pricing that ranges from $631 to $3,742. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parker Lane ranging from $945 to $3,900.

What is the current price range for Rental Homes in Parker Lane?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Parker Lane ranges from $945 to $3,900 with an average monthly rent of $2,124.

How much are larger Three and Four Bedroom Rentals in Parker Lane?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Parker Lane range from $893 to $2,135, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $2,899. Four Bedroom Single-Family rentals are also available starting from $1,790 and Four Bedroom Apartments start at $750.

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.

decorative image for The 10 Best Affordable Neighborhoods in Austin, TX article

The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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

Written by: Amber Kanuckel

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.