Cheap Apartments for Rent in the Rainbow Parke Neighborhood of Round Rock, TX from $500 (62 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Rainbow Parke area of Round Rock.

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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Mesa Ridge Apartments
2 Bedroom Apartments

Mesa Ridge Apartments

1111 Sunrise RdRound Rock, TX 78664
  • Utilities Included
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12 Oaks Apartments
1 to 2 Bedroom Apartments

12 Oaks Apartments

105 Gattis School RdRound Rock, TX 78664
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Palm Valley
1 to 2 Bedroom Apartments

Palm Valley

1301 N AW Grimes BlvdRound Rock, TX 78665
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La Frontera Square
Studio to 2 Bedroom Apartments

La Frontera Square

2601 La Frontera BlvdRound Rock, TX 78681

Rainbow Parke, Round Rock, TX Local Guide

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 1705 Cushing Park Dr priced from $580. 1534 Lorson Loop has the second lowest priced unit, which is a 1 Bed apartment currently listed from $605. Here are the most affordable Rainbow Parke apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
1705 Cushing Park Dr1705 Cushing Park Dr1BR,1BA$580
1534 Lorson Loop1534 Lorson Loop1BR,1BA$605
The CreekA21BR,1BA$794
SummersetStudioStudio,1BA$850
Arbor Trails Apartment HomesStudioStudio,1BA$899
Apple Creek Apartments1x1-4601BR,1BA$925
Lakeside at la FronteraA1BR,1BA$926

Best Value Apartments for Rent in Rainbow Parke, TX

As of March 23, 2025 the best value apartment in the Rainbow Parke area is the $1.45 price per square foot The Santa Ana Model at Las Brisas Apartment Homes in the in the Chandler Road Retail neighborhood starting from $1,719. The second greatest value Rainbow Parke apartment is the The Birch Model at Townhomes at Double Creek starting at $1,286 with a $1.22 price per square foot in the Providence neighborhood. Here is today’s list of the best values for Rainbow Parke apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Las Brisas Apartment HomesThe Santa Ana3BR,2BA$1.45
Townhomes at Double CreekThe Birch3BR,2BA$1.22
Parkwood TerraceB22BR,1.5BA$1.23
Regency Dell Ranch ApartmentsB2 1018 Sq. Ft. 2nd Fl. *Contact Us for availab...2BR,2BA$1.41
Tramor at Autumn ParkB22BR,2BA$1.38
City North at Sunrise RanchAcacia1BR,1BA$1.43
AshwoodA31BR,1BA$1.52
The Emerson ApartmentsA21BR,1BA$1.51
Palm ValleyAthens1BR,1BA$1.49
District at La FronteraA11BR,1BA$1.45

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Pet Friendly Lifestyle
Rainbow Parke, Round Rock, TX

Ranked #4

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in areas across the United States, including Round Rock. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Rainbow Parke Apartments

What is a cheap apartment in Rainbow Parke?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rainbow Parke is under $926.

What is the price of a cheap apartment in Rainbow Parke?

The cheapest apartment in Rainbow Parke is 1705 Cushing Park Dr which is listed at $580, while the average apartment in Rainbow Parke costs $1,771.

What types of apartments are the cheapest in Rainbow Parke?

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 3,356 regular apartments in Rainbow Parke 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 Rainbow Parke?

Cheap apartments in Rainbow Parke have an average cost of $447 which is $1,324 cheaper than the average rent for all rentals in Rainbow Parke.

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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