Cheap Apartments for Rent in the Lake Travis Neighborhood of Austin, TX from $900 (41 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 3404 American Dr

$1,300 - $2,100

1 To 2 Bedroom Rentals

Available Now

3404 American Dr

Lago VistaTX78645
property at 2113 Barbaro Way

$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Now

2113 Barbaro Way

SpicewoodTX78669
property at 5600 Madrone

$1,550 - $2,595

1 To 3 Bedroom Rentals

Available Now

5600 Madrone

Bee CaveTX78738

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-41, Page 1 of 1

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 1 Bed unit found at Sonterra Apartment Homes priced from $882. Abelia Flats has the second lowest priced unit, which is a Studio apartment currently listed from $916. Here are the most affordable Lake Travis apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Sonterra Apartment HomesSerenity1BR,1BA$882
Abelia FlatsCHESTNUTStudio,1BA$916
Bell Four PointsDecker1BR,1BA$974
The VerandahAzalea - A1BR,1BA$1,036
Cardinal Point ApartmentsA11BR,1BA$1,050
Paseo at Bee CaveBee Cave1BR,1BA$1,067
Berkshire LakewayA11BR,1BA$1,125
Vista BellaIncome Restricted One Bedroom 60%1BR,1BA$1,132
Ellwood at Lake Travis1 Bedroom 1 Bath1BR,1BA$1,135
Tacara Steiner RanchA1 1 Bed 1 Bath1BR,1BA$1,138

Best Value Apartments for Rent in Lake Travis, TX

As of January 05, 2026 the best value apartment in the Lake Travis area is the $1.61 price per square foot C3 Model at Avalon Townhome Collection Bee Cave in the in the The Vistas at Lake Travis neighborhood starting from $2,733. The second greatest value Lake Travis apartment is the 1215 Terjo Ln Model at 1215 Terjo Ln, Unit A starting at $1,400 with a $1.08 price per square foot in the Steiner Ranch 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.
Avalon Townhome Collection Bee CaveC33BR,2.5BA$1.61
1215 Terjo Ln, Unit A1215 Terjo Ln1BR,1BA$1.08
Cardinal Point ApartmentsB12BR,2BA$1.29
Meritage at Steiner RanchA1A1BR,1BA$1.63
Nolina FlatsMAGELLAN1BR,1BA$1.58
Avalon Hill CountryA20-7641BR,1BA$1.62
Ellwood at Lake Travis1 Bedroom 1 Bath1BR,1BA$1.56
The VerandahAzalea - A1BR,1BA$1.43
Sonterra Apartment HomesSerenity1BR,1BA$1.33
Paseo at Bee CaveBee Cave1BR,1BA$1.61

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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 the Cheapest Studio apartment in Lake Travis?

Currently the most affordable Cheap Studio Apartment in Lake Travis is at Abelia Flats listed at $916.

How much is rent for a Cheap One Bedroom Lake Travis Apartment?

The lowest price for a Cheap One Bedroom Lake Travis Apartment is $882 at Sonterra Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Lake Travis Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Travis is starting from $1,106 at The Verandah.

What is the most affordable Lake Travis Three Bedroom Apartment?

The best deal on a cheap Lake Travis Three Bedroom Apartment rental is at Cardinal Point Apartments and starts from $1,480.

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.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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

Written by: Raul Mercado

For many people the College years are some of the best years of your life. And you can certainly make the most of those years by finding the perfect place around your campus to call home.

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

Written by: Raul Mercado

Hi, I’m Raul, the ApartmentHomeLiving.com Local Guide for Austin. I’ve called the area home long enough to know all the shortcuts and best places to check out and am happy to share them with you today.

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

Written by: Raul Mercado

Hello! I’m Raul, your ApartmentHomeLiving.com local expert for Austin, Texas. I’ve spent years exploring Austin’s neighborhoods throughout my time living in this great city in different apartments and homes.

Articles, How-To's, and Tips

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Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!