Bexley at Silverado
12820 W Parmer Ln,
Cedar Park, TX 78613
$1,004 - $2,121
1-3 Beds
$1,197/month
Average Rent
747 Sq Ft
Average Apartment Size
-3%
Decrease in the Last Year
As of April 2026, the average rent in Cedar Park, TX is $1,197 per month. This is 27% lower than the national average rent of $1,640/month, making renting in Cedar Park more affordable than most cities in the US. When you rent an apartment in Cedar Park, you can expect to pay about $1,021 per month for a studio, $1,197 for a one-bedroom apartment, and around $1,611 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,867 or more.
In the past year, rent has decreased by 3%, which averages out to $36 less per month.
Based on current rent prices, Red Oaks, Lakeline Oaks and Breakaway Park are the most affordable neighborhoods in Cedar Park.
Based on current rent prices, Quest Village, Crossing at Carriage Hills and Riviera Springs are the most expensive neighborhoods in Cedar Park.
The neighborhoods in Cedar Park with the most apartments available are Breakaway Park, Lakeline Oaks and Quest Village .
Because the average rent in Cedar Park is $1,197, you’ll want to make about $3,990 per month or $47,880 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
The cost of living in Cedar Park, TX is 5.7% lower than the national average. Generally, housing in Cedar Park is 19.3% less expensive than the national average, with rent falling between $1,021 - $1,867. You can expect to pay 3.2% less for groceries, 8.0% more for utilities, and 7.3% less for transportation.
Use the tool below to compare Cedar Park, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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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.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.