Average Rent in Parker Lane, Austin, TX

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Current Versus Historical Parker Lane, Austin, TX Rents

Parker Lane rentals average $865 for a studio rental to $5,950 for a 4-bedroom rental. The median price of all currently available listings is $1,259, or roughly $20 per square feet.

For the apartment units and housing in October 2026, median rents have risen over the last year. Studio rentals prices have decreased by $109 (-11.20%) year-over-year from $974 to $865. 1-bedroom rentals prices have increased by $54 (5.36%) year-over-year from $1,011 to $1,065. 2-bedroom rentals prices have increased by $118 (8.89%) year-over-year from $1,327 to $1,445. 3-bedroom rentals prices have decreased by $183 (-7.82%) year-over-year from $2,333 to $2,150. 4-bedroom rentals prices have increased by $2,903 (95.24%) year-over-year from $3,048 to $5,950. 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 up by 1.17% this month. 1-bedroom rents have gone up by 2.08% this month. 2-bedroom rents have gone down by 0.91% this month. 3-bedroom rents have gone up by 2.06% this month. 4-bedroom rents have gone up by 53.22% this month.

Beds	Price / Sqft	Oct 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$25.44	$865	$974 (-11.20%)	$999 (-13.41%)
1 BR	$20.77	$1,065	$1,011 (5.36%)	$1,165 (-8.56%)
2 BR	$18.07	$1,445	$1,327 (8.89%)	$1,526 (-5.33%)
3 BR	$17.83	$2,150	$2,333 (-7.82%)	$2,308 (-6.86%)
4+ BR	$23.34	$5,950	$3,048 (95.24%)	$2,641 (125.26%)

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 19 cities nearby Parker Lane. The average rent in Parker Lane is currently $1,900 per month. Our records show that Lockhart, TX, with an average rent of $1,493, 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 $2,800 per month.

Let's compare Parker Lane, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 12.25% more affordable. Two bedrooms in Parker Lane, Austin, TX are about 0.59% more affordable. Finally, rent for three bedrooms are about 7.18% more expensive. Want more information? Check out the top 10 cities out of 19 total cities near Parker Lane, Austin, TX in the following table.

City	Studio	1 Bed	2 Bed	All
Wells Branch, TX	$1,773	$1,030	$1,425	$1,525
Jollyville, TX	N/A	$1,195	$1,450	$1,825
Manor, TX	N/A	$1,804	$2,009	$1,850
Kyle, TX	$1,830	$1,700	$1,782	$1,850
Austin, TX	$1,508	$1,445	$1,775	$1,900
Round Rock, TX	$1,130	$1,509	$1,445	$1,995
Pflugerville, TX	N/A	$1,410	$1,650	$2,100
Cedar Park, TX	N/A	$1,196	$1,425	$2,100
Brushy Creek, TX	N/A	N/A	$1,970	$2,300
Lakeway, TX	N/A	$981	$2,000	$2,800

Top Neighborhoods Near Parker Lane

There are a total of 29 neighborhoods in or near Parker Lane. Some of these neighborhoods include St. Johns, Hyde Park, and Highland. We've included all of these top 29 neighborhoods in or near Parker Lane, Austin, TX in the following table.

The average rent for these 29 neighborhoods in or near Parker Lane, Austin, TX is currently around $1,795 per month. Interestingly, the neighborhoods' average rent is higher than Parker Lane's average rent, which is only $1,259. Out of all the neighborhoods in or near Parker Lane, St. Johns has the most affordable average rent at $1,398 per month. Whereas, at $3,440 average rent per month, Downtown Austin 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	$819	$950	$1,250	$1,398
Hyde Park, Austin, TX	$925	$995	$1,613	$1,400
Highland, Austin, TX	$1,168	$1,318	$1,637	$1,455
Pleasant Valley, Austin, TX	N/A	$975	$1,881	$1,495
North Austin, Austin, TX	$985	$899	$1,300	$1,498
Garrison Park, Austin, TX	$1,035	$899	$1,425	$1,550
Windsor Park, Austin, TX	$899	$1,094	$1,372	$1,571
North University, Austin, TX	$788	$992	$1,850	$1,600
East Oak Hill, Austin, TX	$1,210	$1,280	$1,629	$1,639
West University, Austin, TX	$1,148	$975	$1,800	$1,650
Brentwood, Austin, TX	$1,271	$1,200	$1,825	$1,679
Riverside, Austin, TX	$1,450	$1,611	$1,873	$1,695
Crestview, Austin, TX	$1,260	$1,650	$1,875	$1,752
Hancock, Austin, TX	$1,372	$1,195	$1,895	$1,794
South River City, Austin, TX	$1,553	$1,395	$2,000	$1,795
North Burnet, Austin, TX	$1,408	$1,508	$2,280	$1,838
West Oak Hill, Austin, TX	N/A	$1,316	$1,695	$1,849
RMMA, Austin, TX	$977	$1,690	$1,900	$1,864
Sweetbriar, Austin, TX	$1,514	$1,564	$2,073	$1,911
North Loop, Austin, TX	$1,074	$1,260	$2,087	$1,923
Montropolis, Austin, TX	$1,099	$1,750	$1,950	$1,950
South Lamar, Austin, TX	$1,149	$1,700	$1,998	$1,964
East Cesar Chavez, Austin, TX	$1,585	$1,847	$2,645	$2,025
Old West Austin, Austin, TX	$1,681	$1,921	$2,600	$2,151
MLK-183, Austin, TX	$1,396	$1,504	$2,300	$2,200
MLK, Austin, TX	$1,965	$2,320	$2,499	$2,450
Central East Austin, Austin, TX	$1,425	$1,819	$2,682	$2,500
Zilker, Austin, TX	$1,808	$2,648	$2,800	$2,759
Downtown Austin, Austin, TX	$2,067	$2,552	$3,785	$3,440

Top Counties Near Parker Lane

There are a total of 19 counties located by Parker Lane, Austin, TX. Some of these counties include Lockhart, TX, San Marcos, TX, and Austin, TX. The average rent for rentals in these counties is $1,933. That's roughly around $14 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 $1,163. Vice versa, with an average rent of $2,795, Dripping Springs-Wimberley, TX is the most expensive county by Parker Lane, Austin, TX.

Typically, rent for studios in Parker Lane, Austin, TX is 15.61% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Parker Lane, Austin, TX is 30.80% more affordable than other counties nearby. Finally, rent for two bedrooms in Parker Lane, Austin, TX is 15.42% 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	$1,345	$1,200	$1,549
San Marcos, TX	N/A	$1,393	$1,750	$1,704
Austin, TX	$1,522	$1,448	$1,795	$1,900
Kyle-Buda, TX	$1,565	$1,700	$1,846	$1,933
Northwest Travis, TX	$1,563	$1,249	$1,536	$1,935
Cedar Creek-Red Rock, TX	$1,000	$1,463	$1,688	$1,975
Northeast Travis, TX	$1,119	$1,745	$1,665	$2,056
Round Rock-Georgetown, TX	$1,085	$1,497	$1,495	$2,075
Southwest Travis, TX	N/A	$2,087	$1,895	$2,650
Dripping Springs-Wimberley, TX	$1,450	$1,265	$1,800	$2,795

Top Zipcodes Near Parker Lane

There are a total of 48 zipcodes in or near Parker Lane, Austin, TX. The average rent for all of these zipcodes is $1,890. A total of 2 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 78218, San Antonio, TX at $1,035 per month. In comparison, the zipcode with the most expensive average rent of $4,500 per month is 78746, West Lake Hills, TX.

Studios in these zipcodes have an average rent of $1,021. That's at least $26 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 $1,368 per month. Or in other words, $22 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,621 per month. Which comes out to $18 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	$897	$1,400	$1,700	$1,622
78704, Austin, TX	$1,553	$1,950	$2,398	$2,302
78702, Austin, TX	$1,564	$1,850	$2,613	$2,310
78744, Austin, TX	$1,129	$1,249	$1,419	$1,650
78701, Austin, TX	$2,067	$2,537	$3,785	$3,440
78721, Austin, TX	$2,090	$2,248	$2,475	$2,322
78745, Austin, TX	$1,199	$1,343	$1,595	$1,800
78705, Austin, TX	$1,023	$1,100	$1,825	$1,650
78703, Austin, TX	$1,688	$1,870	$2,500	$2,315
78723, Austin, TX	$977	$1,595	$1,500	$1,800

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 $1,259. 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 $865 and an average price per square feet of $25.44. There are a total of 12 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 $1,065 and an average price per square feet of $20.77. There are a total of 53 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 $1,443 and an average price per square feet of $18.07. There are a total of 44 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 -0.11%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.09%, three bedroom rental prices have changed by -0.08% 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 $1,007/month. You can search for these reasonably priced rental listings on RentHop.