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 $3,898 for a 4-bedroom rental. The median price of all currently available listings is $1,595, or roughly $2 per square feet.

For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $1 (0.05%) year-over-year from $999 to $1,000. 1-bedroom rentals prices have decreased by $168 (-14.09%) year-over-year from $1,194 to $1,026. 2-bedroom rentals prices have decreased by $42 (-2.82%) year-over-year from $1,480 to $1,438. 3-bedroom rentals prices have decreased by $25 (-1.08%) year-over-year from $2,325 to $2,300. 4-bedroom rentals prices have increased by $970 (34.28%) year-over-year from $2,830 to $3,800. 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 0.00% this month. 1-bedroom rents have gone down by 1.25% this month. 2-bedroom rents have gone down by 0.27% this month. 3-bedroom rents have gone up by 1.60% this month. 4-bedroom rents have gone up by 15.44% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.73	$1,026	$1,194 (-14.09%)	$1,302 (-21.22%)
2 BR	$1.56	$1,438	$1,480 (-2.82%)	$1,548 (-7.10%)
3 BR	$1.68	$2,300	$2,325 (-1.08%)	$2,633 (-12.65%)
4+ BR	$1.98	$3,800	$2,830 (34.28%)	$2,757 (37.86%)

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 12 cities nearby Parker Lane. The average rent in Parker Lane is currently $2,000 per month. Our records show that Kyle, TX, with an average rent of $1,900, 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 $2,900 per month.

Let's compare Parker Lane, Austin, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 10.55% more affordable. Two bedrooms in Parker Lane, Austin, TX are about 4.08% more affordable. Finally, rent for three bedrooms are about 13.32% more expensive. Want more information? Check out the top 10 cities out of 12 total cities near Parker Lane, Austin, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Kyle, TX	N/A	$1,348	$1,800	$1,900
Manor, TX	N/A	N/A	$2,000	$1,990
Lago Vista, TX	N/A	$1,500	$1,500	$1,999
Round Rock, TX	N/A	N/A	$1,500	$2,000
Hutto, TX	N/A	N/A	N/A	$2,000
Austin, TX	$1,009	$1,300	$1,795	$2,050
Pflugerville, TX	N/A	$1,175	$1,775	$2,150
Leander, TX	N/A	N/A	$1,625	$2,150
Cedar Park, TX	N/A	$1,325	$1,523	$2,200
Lakeway, TX	N/A	$1,775	$1,925	$2,900

Top Neighborhoods Near Parker Lane

There are a total of 10 neighborhoods in or near Parker Lane. Some of these neighborhoods include Hyde Park, North University, and West University. We've included all of these top 10 neighborhoods in or near Parker Lane, Austin, TX in the following chart.

The average rent for these 10 neighborhoods in or near Parker Lane, Austin, TX is currently around $1,738 per month. A total of one neighborhood has a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $1,738. Interestingly, the neighborhoods' average rent is higher than Parker Lane's average rent, which is only $1,595. Out of all the neighborhoods in or near Parker Lane, Hyde Park has the most affordable average rent at $1,250 per month. Whereas, at $3,200 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	$900	$1,200	$975	$1,250
North University, Austin, TX	$800	$1,295	$2,000	$1,600
West University, Austin, TX	$1,150	$1,295	$1,875	$1,608
Hancock, Austin, TX	$1,400	$1,298	$1,650	$1,620
Brentwood, Austin, TX	$800	$1,050	$1,725	$1,725
Windsor Park, Austin, TX	N/A	$1,046	$1,307	$1,750
North Austin, Austin, TX	N/A	$938	$1,563	$1,850
Garrison Park, Austin, TX	N/A	$890	$1,625	$2,100
North Loop, Austin, TX	$1,053	$1,185	$1,800	$2,200
Downtown Austin, Austin, TX	$1,020	$2,695	$4,349	$3,200

Top Counties Near Parker Lane

There are a total of 10 counties located by Parker Lane, Austin, TX. Some of these counties include Kyle-Buda, TX, San Marcos, TX, and Austin, TX. The average rent for rentals in these counties is $2,100. That's roughly around $1 per sqft. The county that is the most affordable is Jarrell, TX. It's average rent per month is $1,750. Vice versa, with an average rent of $3,173, 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 29.05% more affordable than other counties nearby. Finally, rent for two bedrooms in Parker Lane, Austin, TX is 12.79% more affordable than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Kyle-Buda, TX	N/A	$1,485	$1,800	$1,995
San Marcos, TX	N/A	$1,025	$1,420	$1,999
Austin, TX	$1,005	$1,300	$1,800	$2,000
Taylor, TX	N/A	$1,198	$1,550	$2,063
Northeast Travis, TX	N/A	$1,284	$1,659	$2,100
Round Rock-Georgetown, TX	N/A	$922	$1,500	$2,195
Cedar Park-Liberty Hill, TX	N/A	$1,349	$1,799	$2,195
Northwest Travis, TX	N/A	$1,290	$1,695	$2,550
Dripping Springs-Wimberley, TX	N/A	N/A	$1,838	$2,695
Southwest Travis, TX	N/A	$1,625	$1,800	$3,173

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 $2,050.

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	$800	$995	$1,795	$2,000
78704, Austin, TX	$927	$1,400	$1,975	$2,373
78702, Austin, TX	$1,353	$1,725	$2,375	$2,583
78744, Austin, TX	N/A	$1,100	$1,550	$2,200
78745, Austin, TX	$825	$1,450	$1,638	$1,863
78748, Austin, TX	N/A	$1,290	$1,695	$2,125
78752, Austin, TX	N/A	$1,175	$1,695	$1,900
78731, Austin, TX	N/A	$999	$1,895	$2,725
78758, Austin, TX	N/A	$1,000	$1,650	$1,700
78753, Austin, TX	$825	$850	$1,498	$1,750

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 $1,595. 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 $995 and an average price per square feet of $1.73. 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 $1.56. There are a total of 19 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 -0.14%, two bedroom rental prices have changed by -0.03%, and 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 $1,276/month. You can search for these reasonably priced rental listings on RentHop.