Average Rent in Parker Lane, Austin, TX

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Current Versus Historical Parker Lane, Austin, TX Rents

Parker Lane rentals average $701 for a studio rental to $3,350 for a 4-bedroom rental. The median price of all currently available listings is $1,195, or roughly $20 per square feet.

For the apartment units and housing in June 2026, median rents have fallen over the last year. Studio rentals prices have decreased by $263 (-27.26%) year-over-year from $964 to $701. 1-bedroom rentals prices have decreased by $87 (-7.80%) year-over-year from $1,112 to $1,025. 2-bedroom rentals prices have decreased by $61 (-4.09%) year-over-year from $1,490 to $1,429. 3-bedroom rentals prices have decreased by $32 (-1.28%) year-over-year from $2,482 to $2,450. 4-bedroom rentals prices have increased by $1,610 (53.85%) year-over-year from $2,990 to $4,600. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 11.68% this month. 1-bedroom rents have gone up by 2.43% this month. 2-bedroom rents have gone up by 4.82% this month. 3-bedroom rents have gone up by 16.80% this month. 4-bedroom rents have gone up by 20.52% this month.

Beds	Price / Sqft	Jun 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$20.62	$701	$964 (-27.26%)	$999 (-29.83%)
1 BR	$22.14	$1,025	$1,112 (-7.80%)	$1,183 (-13.33%)
2 BR	$18.19	$1,429	$1,490 (-4.09%)	$1,472 (-2.89%)
3 BR	$18.48	$2,450	$2,482 (-1.28%)	$1,823 (34.39%)
4+ BR	$22.97	$4,600	$2,990 (53.85%)	$2,820 (63.12%)

Historical Rents in Parker Lane, Austin, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Parker Lane

There are a total of 17 cities nearby Parker Lane. The average rent in Parker Lane is currently $1,995 per month. Our records show that San Marcos, TX, with an average rent of $1,650, is the most affordable city nearby. In contrast, the most expensive city near Parker Lane, Austin, TX is Lakeway, TX. Monthly rents here are on average $2,991 per month.

Let's compare Parker Lane, Austin, TX's rent against other top cities nearby by bedroom size. Typically, rent for studios in Parker Lane, Austin, TX is 30.39% more affordable than other cities nearby. One bedrooms are about 29.03% more affordable. Two bedrooms in Parker Lane, Austin, TX are about 14.20% more affordable. Finally, rent for three bedrooms are about 14.89% more expensive. Want more information? Check out the top 10 cities out of 17 total cities near Parker Lane, Austin, TX in the following table.

City	Studio	1 Bed	2 Bed	All
Jollyville, TX	N/A	$988	$1,395	$1,800
Kyle, TX	$1,050	$1,340	$1,742	$1,900
Lago Vista, TX	N/A	$1,338	$1,313	$1,900
Manor, TX	$914	$1,200	$1,482	$1,950
Round Rock, TX	$1,957	$1,305	$1,500	$1,995
Austin, TX	$1,653	$1,540	$2,000	$2,100
Pflugerville, TX	$1,265	$1,648	$1,921	$2,100
Cedar Park, TX	$1,534	$1,550	$1,733	$2,250
Brushy Creek, TX	N/A	$1,354	$1,899	$2,423
Lakeway, TX	N/A	N/A	$1,973	$2,991

Top Neighborhoods Near Parker Lane

There are a total of 28 neighborhoods in or near Parker Lane. Some of these neighborhoods include St. Johns, North University, and Hyde Park. We've included all of these top 28 neighborhoods in or near Parker Lane, Austin, TX in the following table.

The average rent for these 28 neighborhoods in or near Parker Lane, Austin, TX is currently around $2,025 per month. Interestingly, the neighborhoods' average rent is higher than Parker Lane's average rent, which is only $1,195. Out of all the neighborhoods in or near Parker Lane, St. Johns has the most affordable average rent at $1,229 per month. Whereas, at $3,930 average rent per month, Bouldin Creek is the most expensive neighborhood in or near Parker Lane. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
St. Johns, Austin, TX	$999	$1,155	$1,500	$1,229
North University, Austin, TX	$950	$1,150	$1,625	$1,250
Hyde Park, Austin, TX	$899	$1,138	$1,725	$1,350
West University, Austin, TX	$1,150	$1,200	$1,750	$1,450
North Austin, Austin, TX	$1,156	$823	$1,325	$1,500
Riverside, Austin, TX	$1,376	$1,390	$2,200	$1,645
Brentwood, Austin, TX	$1,310	$1,350	$1,663	$1,650
Hancock, Austin, TX	$1,700	$1,195	$1,910	$1,701
Pecan Springs Springdale, Austin, TX	$1,495	$1,653	$2,173	$1,716
North Burnet, Austin, TX	$1,491	$1,630	$2,185	$1,741
West Oak Hill, Austin, TX	$1,600	$1,250	$1,505	$1,890
Windsor Park, Austin, TX	$1,645	$1,574	$1,941	$1,941
Johnston Terrace, Austin, TX	$1,366	$1,742	$2,420	$1,943
North Loop, Austin, TX	$1,980	$1,250	$1,700	$2,000
South Lamar, Austin, TX	$1,045	$1,759	$2,150	$2,050
East Cesar Chavez, Austin, TX	$1,636	$1,944	$2,503	$2,090
Old West Austin, Austin, TX	$1,847	$1,993	$2,802	$2,118
Montropolis, Austin, TX	$1,300	$1,304	$1,940	$2,200
MLK-183, Austin, TX	N/A	$1,641	$2,250	$2,300
Rosewood, Austin, TX	$1,613	$1,961	$2,500	$2,322
Govalle, Austin, TX	$1,590	$1,828	$2,354	$2,343
Rosedale, Austin, TX	$1,816	$2,200	$2,300	$2,450
Zilker, Austin, TX	$1,790	$2,045	$2,923	$2,473
Central East Austin, Austin, TX	$1,586	$2,183	$2,867	$2,550
MLK, Austin, TX	$1,564	$1,883	$2,579	$2,562
RMMA, Austin, TX	$1,908	$2,048	$2,915	$2,650
Downtown Austin, Austin, TX	$2,010	$2,750	$3,829	$3,287
Bouldin Creek, Austin, TX	$2,285	$2,800	$4,500	$3,930

Top Counties Near Parker Lane

There are a total of 15 counties located by Parker Lane, Austin, TX. Some of these counties include Lockhart, TX, San Marcos, TX, and Kyle-Buda, TX. The average rent for rentals in these counties is $2,100. That's roughly around $15 per sqft. A total of one county has a lower average rent. The county that is the most affordable is San Antonio Northeast, TX. Its average rent per month is $1,084. Vice versa, with an average rent of $3,200, Southwest Travis, TX is the most expensive county by Parker Lane, Austin, TX.

Typically, rent for studios in Parker Lane, Austin, TX is 43.37% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Parker Lane, Austin, TX is 34.93% more affordable than other counties nearby. Finally, rent for two bedrooms in Parker Lane, Austin, TX is 28.44% more affordable than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Lockhart, TX	N/A	$875	$1,200	$1,695
San Marcos, TX	N/A	$995	$1,398	$1,700
Kyle-Buda, TX	$1,050	$1,301	$1,850	$2,000
Austin, TX	$1,653	$1,550	$2,058	$2,095
Northeast Travis, TX	$1,230	$1,496	$1,844	$2,100
Cedar Creek-Red Rock, TX	N/A	$1,459	$1,697	$2,100
Round Rock-Georgetown, TX	$1,629	$1,359	$1,600	$2,100
Northwest Travis, TX	N/A	$1,151	$1,495	$2,373
Dripping Springs-Wimberley, TX	N/A	$1,547	$2,200	$2,873
Southwest Travis, TX	$1,600	$1,500	$1,873	$3,200

Top Zipcodes Near Parker Lane

There are a total of 41 zipcodes in or near Parker Lane, Austin, TX. The average rent for all of these zipcodes is $2,074.

Studios in these zipcodes have an average rent of $1,200. That's at least $25 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Parker Lane, Austin, TX is $1,345 per month. Or in other words, $22 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,737 per month. Which comes out to $19 per sqft. The following table includes the top 10 zipcodes in Parker Lane, Austin, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
78741, Austin, TX	$741	$1,200	$1,900	$1,730
78704, Austin, TX	$1,747	$1,750	$2,700	$2,644
78702, Austin, TX	$1,615	$1,882	$2,534	$2,330
78744, Austin, TX	$1,600	$1,403	$1,500	$2,048
78701, Austin, TX	$2,010	$2,733	$3,889	$3,290
78721, Austin, TX	$1,347	$1,729	$2,420	$2,187
78745, Austin, TX	$1,200	$1,328	$1,625	$1,815
78705, Austin, TX	$1,150	$1,195	$1,750	$1,450
78722, Austin, TX	$1,545	$1,932	$2,450	$2,114
78703, Austin, TX	$1,824	$2,002	$2,836	$2,702

Frequently Asked Questions - Parker Lane Average Rents

What is the average rent price in Parker Lane, Austin, TX?

The average monthly rental price for Parker Lane, Austin, TX apartments for rent is approximately $1,195. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Parker Lane, Austin, TX rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Parker Lane, Austin, TX.

How much is a studio apartment in Parker Lane, Austin, TX?

The average monthly rental price for studio apartments is $701 and an average price per square feet of $20.62. There are a total of 9 studio apartment listings currently available for rent in Parker Lane.

How much is a one bedroom apartment in Parker Lane, Austin, TX?

The average monthly rental price for one bedroom apartments is $999 and an average price per square feet of $22.14. There are a total of 27 one bedroom apartment listings currently available for rent in Parker Lane.

How much is a two bedroom apartment in Parker Lane, Austin, TX?

The average monthly rental price for two bedroom apartments is $1,363 and an average price per square feet of $18.19. There are a total of 28 two bedroom apartment listings currently available for rent in Parker Lane.

How have rent prices in Parker Lane, Austin, TX changed this year?

Rent prices for rentals in Parker Lane, Austin, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.27%, one bedroom rental prices have changed by -0.08%, two bedroom rental prices have changed by -0.04%, three bedroom rental prices have changed by -0.01% year-over-year.

What is a reasonable rent price in Parker Lane, Austin, TX?

A reasonable rent price in Parker Lane, Austin, TX is around $956/month. You can search for these reasonably priced rental listings on RentHop.