Cheap Apartments for Rent in the Lake Travis Neighborhood of Austin, TX from $700 (86 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Travis area of Austin.

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Estates at Bee Cave
Rent Specials
$1,304 - $2,628
Total Monthly Price

Total Monthly Price

Base Rent
$1,304 - $2,628
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Estates at Bee Cave

3544 Ranch Road 620 SAustin, TX 78738
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property at 2918 Ranch Rd 620 N

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

2 Bedroom, 3 Bath Condo for Rent

Available Now

2918 Ranch Rd 620 N, Unit J-162

2918 Ranch Rd 620 N
AustinTX78734
property at 521 Cutty Trail A

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

3 Bedroom, 2 Bath Townhome for Rent

Available Now

521 Cutty Trail A

LakewayTX78734

Beyond "Keep Austin Weird": Your Insider's Ultimate Guide to Renting and Living in Austin, Texas

Moving to Austin, TX? We are Here to Help. Our Local Expert Breaks Down the Commute reality, Renting Around the City, the Job Scene, and Shares Recommendations for 5 Great Austin Neighborhoods You Should Explore First.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Lake Travis, Austin, TX Local Guide

Cheapest Available Lake Travis Apartments for Rent

 

The cheapest available apartment rental in the Lake Travis area of Austin, TX is a Studio unit found at Abelia Flats priced from $797. Sonterra Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $984. Here are the most affordable Lake Travis apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Abelia FlatsASPENStudio,1BA$797
Sonterra Apartment HomesSerenity1BR,1BA$984
The VerandahAzalea - A1BR,1BA$1,009
Bell Four PointsAustin1BR,1BA$1,019
Ellwood at Lake TravisA6 Canyon Classic1BR,1BA$1,035
Cardinal Point ApartmentsA11BR,1BA$1,050
Nolina FlatsCOLUMBUS1BR,1BA$1,112
Berkshire LakewayA21BR,1BA$1,189
Travis at the LakeA1BR,1BA$1,292
Tacara Steiner RanchA1 1 Bed 1 Bath1BR,1BA$1,318

Best Value Apartments for Rent in Lake Travis, TX

As of July 21, 2026 the best value apartment in the Lake Travis area is the $1.38 price per square foot B3A Model at Meritage at Steiner Ranch in the in the Northwest Austin neighborhood starting from $1,918. The second greatest value Lake Travis apartment is the Income-Restricted 2 Bedroom, 2 Bath (60%) Model at Vista Bella starting at $1,699 with a $1.64 price per square foot in the Far West Travis neighborhood. Here is today’s list of the best values for Lake Travis apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Meritage at Steiner RanchB3A2BR,2BA$1.38
Vista BellaIncome-Restricted 2 Bedroom, 2 Bath (60%)2BR,2BA$1.64
Cardinal Point ApartmentsB12BR,2BA$1.29
The VerandahCedar Sage - B2BR,1BA$1.39
Sonterra Apartment HomesCelestial2BR,1BA$1.51
Nolina FlatsCOLUMBUS1BR,1BA$1.49
Ellwood at Lake TravisA3 Lake Renovated1BR,1BA$1.54
Estates at Bee CaveA11BR,1BA$1.86
Bell Four PointsAustin1BR,1BA$1.45
Abelia FlatsCHESTNUTStudio ,1BA$1.63

Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers

The Austin job market is booming, but where should you live? Discover the most affordable and charming neighborhoods that put you minutes from Dell Seton, IBM, and Dell.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Local Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Austin, TX metro area for affordable living. Find your perfect Austin Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Best Local Schools in
Lake Travis, Austin, TX

School data provided by Great Schools

Frequently Asked Questions about Cheap Lake Travis Apartments

What is a cheap apartment in Lake Travis?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Travis is under $1,318.

What is the price of a cheap apartment in Lake Travis?

The cheapest apartment in Lake Travis is Vista Bella which is listed at $781, while the average apartment in Lake Travis costs $2,806.

What types of apartments are the cheapest in Lake Travis?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 20 regular apartments in Lake Travis that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lake Travis?

Cheap apartments in Lake Travis have an average cost of $210 which is $2,596 cheaper than the average rent for all rentals in Lake Travis.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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