La Cima
3200 Montopolis Dr,
Austin, TX 78744
$1,099 - $1,699
1-3 Beds
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.
As of March 2026, the average apartment rent in Parker Lane is $764 for a studio, $989 for one bedroom, $1,269 for two bedrooms, and $1,426 for three bedrooms. Apartment rent in Parker Lane has decreased by -4.1% in the past year.
Studio
432 sq ft
Average Sq Ft
$764/month
Average Rent
1 BR
632 sq ft
Average Sq Ft
$989/month
Average Rent
2 BR
950 sq ft
Average Sq Ft
$1,269/month
Average Rent
3 BR
1,319 sq ft
Average Sq Ft
$1,426/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Parker Lane - Austin, TX is for everyday living.
Car-Dependent
This area is considered a car-dependent area and most errands will require a car.
Some Transit
You'll likely want a car when living in this area since it has few transit options.
Bikeable
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Niche User
9 years and 8 months ago•Niche Review
It's not the lakeside trail running, but still good
Niche User
9 years and 8 months ago•Niche Review
I haven't seen any crime and I feel safe
Niche User
9 years and 10 months ago•Niche Review
There hasn't been that much crime lately, at least not in my area that I should be concerned about.
Niche User
10 years and 7 months ago•Niche Review
The economy is so bad
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† 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 2026.