
Cheap Apartments for Rent in the Parkway Lakes Neighborhood of Richmond, TX from $900 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkway Lakes area of Richmond.


Allora Bella Terra

Marquis Grand Lakes

The Waterview

Advenir at Grand Parkway West

Allora Cinco Ranch

Granary Flats

Cortland Lakemont

Echelon on 99

Alleia Long Meadow Farms
Houston's Best Affordable Neighborhoods
Learn about Houston and the best places to live with original content written by our Houston Local Expert Lori Rosario

Cyan Cinco Ranch Apartments

Grand Fountain

Prose District West

Palms at Cinco Ranch

Waterside Village

Haven at Bellaire

Allora District West

Satori at Long Meadow

Mio District West

20020 FM 1093

9900 Mason Rd

19400 W Bellfort St

5600 Berkeley Knl Cir

7115 Mason Rd

1038 Georgia Blue Dr

Grand Reserve

Montage at Cinco Ranch

Marquis Seven Meadows

7816 W Bellfort St

6207 Katy-Gaston Rd
Parkway Lakes, Richmond, TX Local Guide

How much does it cost to rent an apartment in Parkway Lakes?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Parkway Lakes Studio Apartments | $1,385 | $1,281 | $1,504 |
Parkway Lakes 1 Bedroom Apartments | $1,455 | $1,049 | $4,275 |
Parkway Lakes 2 Bedroom Apartments | $1,901 | $1,276 | $4,794 |
Parkway Lakes 3 Bedroom Apartments | $2,629 | $1,419 | $5,938 |
Parkway Lakes 4 Bedroom Apartments | $2,908 | $2,200 | $3,600 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 3 mile radius of the Parkway Lakes Neighborhood of Richmond, TX.
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Parkway Lakes, Richmond, TX Local Guide
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Cheapest Available Parkway Lakes Apartments for Rent
 The cheapest available apartment rental in the Parkway Lakes area of Houston, TX is a 1 Bed unit found at Deseo at Grand Mission priced from $1,049. Allora Bella Terra has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,065. Here are the most affordable Parkway Lakes apartments for rent in Houston, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Deseo at Grand Mission | Taos | 1BR,1BA | $1,049 |
Allora Bella Terra | 1 Bed, 1 Bath (60% Income Restricted) | 1BR,1BA | $1,065 |
Advenir at Grand Parkway West | Chelsea | 1BR,1BA | $1,079 |
Grand Reserve | A5 | 1BR,1BA | $1,084 |
Ashley House | A3 | 1BR,1BA | $1,091 |
Echelon on 99 | A1 | 1BR,1BA | $1,106 |
Granary Flats | A2P6 | 1BR,1BA | $1,135 |
Cortland Lakemont | Bastrop | 1BR,1BA | $1,138 |
Marquis Grand Lakes | 1B | 1BR,1BA | $1,163 |
The Retreat | A3 | 1BR,1BA | $1,179 |
Best Value Apartments for Rent in Parkway Lakes, TX
As of April 12, 2025 the best value apartment in the Parkway Lakes area is the $1.51 price per square foot Vanderbuilt A Model at Advenir at Grand Parkway West in the in the Lakemont neighborhood starting from $1,983. The second greatest value Parkway Lakes apartment is the C3 Model at Palms at Cinco Ranch starting at $1,967 with a $1.62 price per square foot in the Firethorne neighborhood. Here is today’s list of the best values for Parkway Lakes apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Advenir at Grand Parkway West | Vanderbuilt A | 3BR,2BA | $1.51 |
Palms at Cinco Ranch | C3 | 2BR,2BA | $1.62 |
Echelon on 99 | B2 | 2BR,2BA | $1.34 |
Grand Fountain | B2 | 2BR,2BA | $1.65 |
Ashley House | B1 | 2BR,1BA | $1.55 |
Allora Cinco Ranch | A3 80-Essential Housing | 1BR,1BA | $1.52 |
Grand Reserve | A6 | 1BR,1BA | $1.53 |
The Waterview | A2 | 1BR,1BA | $1.56 |
Cyan Cinco Ranch Apartments | Honey | 1BR,1BA | $1.65 |
Marquis Grand Lakes | 1B | 1BR,1BA | $1.62 |
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Pet Friendly LifestyleParkway Lakes, Richmond, TX
Ranked #1
Among neighborhoods in Richmond, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Parkway Lakes, Richmond, TX
School data provided by Great Schools
Lifestyle Ratings
This website is happy to bring you Lifestyle Ratings of rentals in cities and towns across the United States and customized analysis for Western Houston. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, multifamily communities for the kids, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Parkway Lakes Apartments
What is a cheap apartment in Parkway Lakes?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkway Lakes is under $1,179.
What is the price of a cheap apartment in Parkway Lakes?
The cheapest apartment in Parkway Lakes is Deseo at Grand Mission which is listed at $1,060, while the average apartment in Parkway Lakes costs $2,525.
What types of apartments are the cheapest in Parkway Lakes?
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 30 regular apartments in Parkway Lakes 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 Parkway Lakes?
Cheap apartments in Parkway Lakes have an average cost of $181 which is $2,344 cheaper than the average rent for all rentals in Parkway Lakes.
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 Houston, TX
Written by: Lori Rosario
Houston is a huge city, and it’s still growing, which makes it one of the most sought after places in the country to move.

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.

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.

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.