Parker Lane

Austin, TX

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Parker Lane - Austin, TX

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The parks are spacious and the commuters are content in Parker Lane

Commuter Parks Suburban Convenient University

Parker Lane is the ideal suburb with commuters. Not only is the neighborhood bounded by Interstate 35 and Highway 71, but the Austin-Bergstrom International Airport is five miles east, and Downtown Austin is five miles north. Whether you’re traveling into the city for work or play, or you’re planning some travel by air, Parker Lane is a premier place to put down roots.

If a quiet, affordable neighborhood is what you’re after, then look no further. Parker Lane is located directly east of Saint Edward’s University, and houses the Mabel Davis District Park, a sprawling area that’s home to one of Austin’s two skate parks, covering 12,000 square feet. Enjoy the park’s swimming pool, walking trails, basketball courts, and more!

Though the neighborhood is mainly residential, residents enjoy the variety of restaurants along Oltorf Street, along with the public bus stops, making getting around the area that much more convenient. More shopping and dining options await you just outside of Parker Lane along East Riverside Drive and near the University, especially along South Congress Avenue.

Rent Trends

As of March 2025, the average apartment rent in Parker Lane is $1,015 for a studio, $1,015 for one bedroom, $1,444 for two bedrooms, and $1,561 for three bedrooms. Apartment rent in Parker Lane has decreased by -13.7% in the past year.

  • Studio

  • 432 sq ft

    Average Sq Ft

  • $1,015/month

    Average Rent

  • 1 BR

  • 632 sq ft

    Average Sq Ft

  • $1,015/month

    Average Rent

  • 2 BR

  • 966 sq ft

    Average Sq Ft

  • $1,444/month

    Average Rent

  • 3 BR

  • 1,318 sq ft

    Average Sq Ft

  • $1,561/month

    Average Rent

Transportation

47

Car-Dependent

out of 100 WalkScore® Rating

This area is considered a car-dependent area and most errands will require a car.

40

Some Transit

out of 100 TransitScore® Rating

You'll likely want a car when living in this area since it has few transit options.

58

Bikeable

out of 100 BikeScore® Rating

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Reviews of Parker Lane - Austin, TX

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3.2 20 Reviews

Niche User

9 years and 11 months agoNiche Review

Lots of section 8 housing nearby.

Niche User

9 years and 11 months agoNiche Review

Summer is crazy hot and a lot of the state catches on fire.

Niche User

9 years and 11 months agoNiche Review

Kind of close to questionable area, but not IN the questionable areas.

Niche User

9 years and 11 months agoNiche Review

Lots of places to eat, some are hit or miss.

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Points of Interest

Parks and Recreation

  • Lady Bird Lake
  • Blunn Creek Nature Preserve
  • Boggy Creek Greenbelt
  • Umlauf Sculpture Garden and Museum
  • McKinney Falls State Park

Airports

  • Austin-Bergstrom International

Top Apartments in Parker Lane

Houses for Rent in Parker Lane

Property Management Companies

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.