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 $1,230, 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 $62 (-5.55%) year-over-year from $1,112 to $1,050. 2-bedroom rentals prices have decreased by $76 (-5.07%) year-over-year from $1,490 to $1,415. 3-bedroom rentals prices have decreased by $232 (-9.34%) year-over-year from $2,482 to $2,250. 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 4.06% this month. 2-bedroom rents have gone up by 4.12% this month. 3-bedroom rents have gone up by 10.78% 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	$22.13	$1,050	$1,112 (-5.55%)	$1,183 (-11.22%)
2 BR	$16.96	$1,415	$1,490 (-5.07%)	$1,472 (-3.87%)
3 BR	$17.46	$2,250	$2,482 (-9.34%)	$1,823 (23.42%)
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 18 cities nearby Parker Lane. The average rent in Parker Lane is currently $1,975 per month. Our records show that Wells Branch, TX, with an average rent of $1,463, 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 72.57% more affordable than other cities nearby. One bedrooms are about 27.74% more affordable. Two bedrooms in Parker Lane, Austin, TX are about 16.18% more affordable. Finally, rent for three bedrooms are about 11.22% more expensive. Want more information? Check out the top 10 cities out of 18 total cities near Parker Lane, Austin, TX in the following table.

City	Studio	1 Bed	2 Bed	All
Wells Branch, TX	$1,775	$999	$1,319	$1,463
Manor, TX	$914	$1,787	$1,354	$1,900
Kyle, TX	$1,830	$1,819	$1,934	$1,948
Jollyville, TX	N/A	$1,129	$1,400	$1,953
Austin, TX	$1,565	$1,468	$1,850	$1,955
Round Rock, TX	$1,076	$1,500	$1,495	$1,999
Pflugerville, TX	$1,265	$1,652	$1,795	$2,145
Cedar Park, TX	$1,534	$1,375	$1,637	$2,295
Brushy Creek, TX	N/A	$1,357	$1,873	$2,398
Lakeway, TX	N/A	N/A	$1,973	$2,991

Top Neighborhoods Near Parker Lane

There are a total of 32 neighborhoods in or near Parker Lane. Some of these neighborhoods include St. Johns, North University, and Hyde Park. We've included the top 30 neighborhoods out of 32 total neighborhoods in or near Parker Lane, Austin, TX in the following table.

The average rent for these 30 neighborhoods in or near Parker Lane, Austin, TX is currently around $1,970 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only twenty-eight neighborhoods have a higher average rent than $1,970. Interestingly, the neighborhoods' average rent is higher than Parker Lane's average rent, which is only $1,230. Out of all the neighborhoods in or near Parker Lane, St. Johns has the most affordable average rent at $1,195 per month. Whereas, at $3,500 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	$909	$1,145	$1,489	$1,195
North University, Austin, TX	$1,000	$1,113	$1,775	$1,225
Hyde Park, Austin, TX	$950	$1,125	$1,513	$1,350
West University, Austin, TX	$1,150	$1,200	$1,750	$1,425
Pleasant Valley, Austin, TX	$1,460	$1,175	$1,863	$1,440
Highland, Austin, TX	$1,213	$1,228	$1,585	$1,485
Riverside, Austin, TX	$1,277	$1,275	$1,980	$1,605
Brentwood, Austin, TX	$1,315	$1,423	$2,025	$1,631
Windsor Park, Austin, TX	$1,580	$1,573	$1,500	$1,647
Pecan Springs Springdale, Austin, TX	$1,495	$1,566	$1,900	$1,691
Garrison Park, Austin, TX	$1,010	$899	$1,495	$1,695
Hancock, Austin, TX	$1,586	$1,250	$1,925	$1,700
West Oak Hill, Austin, TX	$1,600	$1,271	$1,580	$1,716
Johnston Terrace, Austin, TX	$1,333	$1,754	$2,428	$1,945
South Lamar, Austin, TX	$1,222	$1,681	$1,900	$1,995
North Loop, Austin, TX	$986	$1,225	$1,710	$2,000
Montropolis, Austin, TX	N/A	$1,765	$2,050	$2,075
Old West Austin, Austin, TX	$1,791	$1,981	$2,780	$2,089
East Cesar Chavez, Austin, TX	$1,595	$1,944	$2,504	$2,101
Govalle, Austin, TX	$1,620	$1,831	$2,400	$2,205
Rosedale, Austin, TX	$1,814	$1,679	$2,300	$2,299
Rosewood, Austin, TX	$1,616	$2,000	$2,500	$2,326
RMMA, Austin, TX	$1,830	$1,940	$2,653	$2,407
MLK-183, Austin, TX	$1,513	$1,692	$2,245	$2,414
MLK, Austin, TX	$1,742	$2,310	$2,650	$2,450
Central East Austin, Austin, TX	$1,584	$2,166	$2,873	$2,450
Zilker, Austin, TX	$1,747	$2,540	$3,000	$2,761
West Austin, Austin, TX	$3,100	$1,350	$2,400	$3,100
Downtown Austin, Austin, TX	$2,054	$2,776	$3,810	$3,270
Bouldin Creek, Austin, TX	$2,275	$2,670	$4,405	$3,500

Top Counties Near Parker Lane

There are a total of 17 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 $2,000. 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 $1,125. Vice versa, with an average rent of $3,000, Dripping Springs-Wimberley, TX is the most expensive county by Parker Lane, Austin, TX.

Typically, rent for studios in Parker Lane, Austin, TX is 67.55% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Parker Lane, Austin, TX is 38.95% more affordable than other counties nearby. Finally, rent for two bedrooms in Parker Lane, Austin, TX is 29.37% 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	$1,175	$1,345	$1,200	$1,615
San Marcos, TX	N/A	$1,393	$1,500	$1,761
Austin, TX	$1,558	$1,465	$1,900	$1,957
Kyle-Buda, TX	$1,830	$1,700	$1,879	$2,000
Northwest Travis, TX	$1,005	$1,195	$1,530	$2,000
Northeast Travis, TX	$1,230	$1,679	$1,795	$2,095
Round Rock-Georgetown, TX	$1,076	$1,359	$1,545	$2,147
Cedar Creek-Red Rock, TX	N/A	$1,459	$1,688	$2,195
Southwest Travis, TX	$1,600	$2,087	$1,895	$2,990
Dripping Springs-Wimberley, TX	N/A	$1,326	$1,849	$3,000

Top Zipcodes Near Parker Lane

There are a total of 45 zipcodes in or near Parker Lane, Austin, TX. The average rent for all of these zipcodes is $1,953.

Studios in these zipcodes have an average rent of $1,241. That's at least $27 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 $1,388 per month. Or in other words, $22 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,713 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	$1,300	$1,800	$1,698
78704, Austin, TX	$1,715	$1,825	$2,405	$2,608
78702, Austin, TX	$1,584	$1,919	$2,546	$2,310
78744, Austin, TX	$1,057	$1,326	$1,495	$1,850
78701, Austin, TX	$2,054	$2,764	$3,863	$3,270
78721, Austin, TX	$1,333	$1,811	$2,450	$2,414
78745, Austin, TX	$1,020	$1,305	$1,595	$1,710
78705, Austin, TX	$1,150	$1,200	$1,775	$1,450
78722, Austin, TX	$1,520	$1,892	$2,250	$1,975
78703, Austin, TX	$1,791	$1,995	$2,799	$2,697

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 $1,230. 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 10 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 $1,050 and an average price per square feet of $22.13. There are a total of 31 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 $1,388 and an average price per square feet of $16.96. There are a total of 30 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 -0.06%, two bedroom rental prices have changed by -0.05%, three bedroom rental prices have changed by -0.09% 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 $984/month. You can search for these reasonably priced rental listings on RentHop.