Average Rent in Parker Lane, Austin, TX

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Current Versus Historical Parker Lane, Austin, TX Rents

Parker Lane rentals average $0 for a studio rental to $2,995 for a 4-bedroom rental. The median price of all currently available listings is $1,888, or roughly $2 per square feet.

For the apartment units and housing in November 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $1 (0.10%) year-over-year from $999 to $1,000. 1-bedroom rentals prices have decreased by $127 (-10.90%) year-over-year from $1,168 to $1,041. 2-bedroom rentals prices have increased by $119 (8.06%) year-over-year from $1,476 to $1,595. 3-bedroom rentals prices have increased by $283 (14.05%) year-over-year from $2,017 to $2,300. 4-bedroom rentals prices have increased by $453 (16.47%) year-over-year from $2,748 to $3,200. 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 18.79% this month. 1-bedroom rents have gone down by 4.26% this month. 2-bedroom rents have gone up by 4.42% this month. 3-bedroom rents have gone down by 3.11% this month. 4-bedroom rents have gone up by 9.09% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.85	$1,041	$1,168 (-10.90%)	$1,216 (-14.41%)
2 BR	$1.64	$1,595	$1,476 (8.06%)	$1,413 (12.89%)
3 BR	$1.68	$2,300	$2,017 (14.05%)	$2,236 (2.85%)
4+ BR	$1.68	$3,200	$2,748 (16.47%)	$2,777 (15.23%)

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 14 cities nearby Parker Lane. The average rent in Parker Lane is currently $2,000 per month. Our records show that San Marcos, TX, with an average rent of $1,899, 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 $2,725 per month.

Let's compare Parker Lane, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 36.43% more affordable. Two bedrooms in Parker Lane, Austin, TX are about 1.10% more affordable. Finally, rent for three bedrooms are about 14.24% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near Parker Lane, Austin, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Kyle, TX	N/A	$1,300	$1,900	$1,900
Manor, TX	N/A	N/A	$2,000	$1,995
Jollyville, TX	N/A	N/A	$1,495	$1,995
Round Rock, TX	N/A	$1,224	$1,495	$1,995
Lago Vista, TX	N/A	$1,500	$1,500	$1,995
Austin, TX	$1,000	$1,309	$1,800	$2,100
Pflugerville, TX	N/A	$1,401	$1,575	$2,100
Cedar Park, TX	N/A	$1,355	$1,638	$2,295
Brushy Creek, TX	N/A	N/A	$1,600	$2,354
Lakeway, TX	N/A	$1,850	$1,663	$2,725

Top Neighborhoods Near Parker Lane

There are a total of 11 neighborhoods in or near Parker Lane. Some of these neighborhoods include Hyde Park, Windsor Park, and North University. We've included all of these top 11 neighborhoods in or near Parker Lane, Austin, TX in the following chart.

The average rent for these 11 neighborhoods in or near Parker Lane, Austin, TX is currently around $1,675 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $1,675. Out of all the neighborhoods in or near Parker Lane, Hyde Park has the most affordable average rent at $1,225 per month. Whereas, at $3,175 average rent per month, Downtown Austin is the most expensive neighborhood in or near Parker Lane. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Hyde Park, Austin, TX	$914	$1,200	$1,113	$1,225
Windsor Park, Austin, TX	N/A	$1,044	$1,350	$1,535
North University, Austin, TX	$800	$1,295	$1,948	$1,573
Hancock, Austin, TX	$1,350	$1,250	$1,658	$1,620
Brentwood, Austin, TX	$800	$1,050	$1,700	$1,675
North Austin, Austin, TX	$795	$950	$1,549	$1,675
West University, Austin, TX	$1,100	$1,298	$1,885	$1,700
Garrison Park, Austin, TX	N/A	$973	$1,535	$1,995
South Lamar, Austin, TX	N/A	$1,503	$1,900	$2,100
North Loop, Austin, TX	$1,030	$1,298	$1,800	$2,200
Downtown Austin, Austin, TX	$1,020	$2,598	$4,896	$3,175

Top Counties Near Parker Lane

There are a total of 11 counties located by Parker Lane, Austin, TX. Some of these counties include San Marcos, TX, Kyle-Buda, TX, and Cedar Creek-Red Rock, TX. The average rent for rentals in these counties is $2,096. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Jarrell, TX. It's average rent per month is $1,725. Vice versa, with an average rent of $3,100, Southwest Travis, TX is the most expensive county by Parker Lane, Austin, TX.

In comparison, rent for one bedroom listings in Parker Lane, Austin, TX is 36.43% more affordable than other counties nearby. Finally, rent for two bedrooms in Parker Lane, Austin, TX is 9.00% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
San Marcos, TX	N/A	$999	$1,499	$1,950
Kyle-Buda, TX	N/A	$1,498	$2,375	$1,975
Cedar Creek-Red Rock, TX	N/A	N/A	$1,575	$2,038
Austin, TX	$1,000	$1,303	$1,810	$2,095
Northeast Travis, TX	N/A	$1,299	$1,775	$2,098
Round Rock-Georgetown, TX	N/A	$1,225	$1,525	$2,100
Cedar Park-Liberty Hill, TX	N/A	$1,369	$1,752	$2,200
Northwest Travis, TX	N/A	$1,323	$1,725	$2,600
Dripping Springs-Wimberley, TX	N/A	N/A	$1,795	$2,725
Southwest Travis, TX	N/A	$1,613	$1,785	$3,100

Top Zipcodes Near Parker Lane

There are a total of 18 zipcodes in or near Parker Lane, Austin, TX. The average rent for all of these zipcodes is $2,099. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 78758, Austin, TX at $1,650 per month. In comparison, the zipcode with the most expensive average rent of $2,995 per month is 78731, Austin, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Parker Lane, Austin, TX is $1,164 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,634 per month. Which comes out to $2 per sqft. The following chart 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	$900	$1,065	$1,800	$2,200
78704, Austin, TX	$952	$1,500	$2,200	$2,500
78702, Austin, TX	$1,528	$1,825	$2,400	$2,575
78744, Austin, TX	N/A	$1,182	$1,600	$2,275
78745, Austin, TX	$873	$1,500	$1,650	$1,983
78748, Austin, TX	N/A	N/A	$1,650	$2,175
78752, Austin, TX	N/A	$1,195	$1,618	$1,850
78731, Austin, TX	N/A	$1,225	$1,935	$2,995
78758, Austin, TX	$795	$950	$1,595	$1,650
78753, Austin, TX	$825	$875	$1,463	$1,895

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 $1,888. 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 $0 and an average price per square feet of $0.00. There are a total of 1 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 $925 and an average price per square feet of $1.85. There are a total of 11 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 $1,595 and an average price per square feet of $1.64. There are a total of 20 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 0.00%, one bedroom rental prices have changed by -0.11%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by 0.14% 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 $1,510/month. You can search for these reasonably priced rental listings on RentHop.