Zumper
modified
Updated 5+ Days Ago

Highlights

  • Dishwasher
  • Ceiling fans
  • Refrigerator
  • Spacious eat-in kitchen
  • Private balcony on the top floor
  • Electric range

Location

2327 Murphy Dr, Lawrence, KS 66046, USA
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Tour Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments

Contact

Management

Parkway Properties

Leasing office

(785) 841-1155

Property Overview

Parkway Terrace Apartments offers studio, 1 bedroom, and 2 bedroom apartments with strong value, a high overall rating, and excellent marks for amenities and location. Notable features include a dishwasher, ceiling fans, refrigerator, spacious eat-in kitchen, electric range, and a private top-floor balcony, while nearby public transit, outdoor spaces, and pet-related services add to its appeal.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Dishwasher

Great for

  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath600 sqft$800 /mo1 unit available1 bedroom/1 bath apartment with spacious interior and huge bedroom. This apartment also features a walk-out patio with sliding patio doors. Kitchen is fully equipped with dishwasher, garbage disposal, refrigerator, and electric range. Conveniently located near shopping, dining and transportation around Lawrence and to KU and JoCo College. Come take a look! Give our friendly staff call (785) 841-1155 or visit our website www parkwaypropertiesks com

Let's explore this property.

Amenities for Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments

Appliances

DishwasherElectric Range
Garbage DisposalRange
Refrigerator

Building

Cats OK
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units67

About Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments

HomeApartments in Lawrence Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments

Parkway Terrace Apartments located centrally in Lawrence, KS offers studio, 1 bedroom, and 2 bedroom apartments.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments goes above and beyond to provide sought-after conveniences and desirable perks, including cats allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 6 pet supply stores near the property
  • 4 pet hospitals in the area
  • 1 pet grooming service nearby

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Dishwasher
Dishwasher available in kitchen

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1.0 miles away
Distance from grocery stores
The nearest grocery store is 4.3 miles away
Lacks images
Fewer than 5 photos available for this property

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Rent trends in Lawrence

1-bedroom apartments at Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments cost about 14% less than the average rent price for 1-bedroom apartments in Lawrence.

Median rents as of Oct 31 2026.
Lawrence
A table of studio rental data trends in Lawrence
MonthMedian Rent
November 2024$962
December 2024$1,023
January 2025$962
February 2025$888
March 2025$746
April 2025$663
May 2025$665
June 2025$698
July 2025$730
August 2025$727
September 2025$658
October 2025$734
November 2025$714
December 2025$748
January 2026$794
February 2026$768
March 2026$748
April 2026$742
May 2026$754
June 2026$764
July 2026$752
August 2026$753
September 2026$705
October 2026$695

Affordability calculator

Can I afford to live at 2327 Murphy Dr?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$32,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 1-bedroom monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.

Schools near Parkway Terrace Apartments featuring studio, 1 bedroom, and 2 bedroom apartments

Schwegler Elementary School

2201 ousdahl rd

lawrence, KS, 66046

K-5Public
B-
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Getting around Lawrence near 2327 Murphy Dr

Walking

6/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 2327 Murphy Dr, Lawrence

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

5/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

1/10
No high schools within a 30-minute walk

Nightlife

4/10
Few or no bars within walking distance

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