Cheap Apartments for Rent in the Lake Travis Neighborhood of Austin, TX from $900 (72 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Estates at Bee Cave
Rent Specials
$1,308 - $3,635
Total Monthly Price

Total Monthly Price

Base Rent
$1,308 - $3,635
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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 15104 Texas St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

2 Bedroom, 1 Bath Home for Rent

Available Now

15104 Texas St

AustinTX78734

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 14922 Running Deer Trail

$2,100

Total Monthly Price

Total Monthly Price

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

3 Bedroom, 2 Bath Home for Rent

Available Now

14922 Running Deer Trail

AustinTX78734

The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX

Moving to Austin? Get an insider’s guide to managing costs in the Music Capitol. Discover which affordable ATX neighborhoods fit your budget and lifestyle.

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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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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 Nolina Flats priced from $964. Sonterra Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Lake Travis apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Nolina FlatsMAGELLAN1BR,1BA$964
Sonterra Apartment HomesSerenity1BR,1BA$975
Cardinal Point ApartmentsA11BR,1BA$1,050
Bell Four PointsAustin1BR,1BA$1,069
The VerandahAzalea - A1BR,1BA$1,107
Ellwood at Lake TravisA4 Lake Classic1BR,1BA$1,125
Vista BellaIncome-Restricted 1 Bedroom, 1 Bath (60%)1BR,1BA$1,192
Abelia FlatsASH1BR,1BA$1,201
Berkshire LakewayA21BR,1BA$1,256
Paseo at Bee CaveBarton Creek1BR,1BA$1,265

Best Value Apartments for Rent in Lake Travis, TX

As of April 21, 2026 the best value apartment in the Lake Travis area is the $1.00 price per square foot 1215 Terjo Ln Model at 1215 Terjo Ln, Unit A in the in the Steiner Ranch neighborhood starting from $1,300. The second greatest value Lake Travis apartment is the B2A Model at Meritage at Steiner Ranch starting at $2,097 with a $1.67 price per square foot in the Northwest Austin 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.
1215 Terjo Ln, Unit A1215 Terjo Ln1BR,1BA$1.00
Meritage at Steiner RanchB2A2BR,2BA$1.67
Cardinal Point ApartmentsB12BR,2BA$1.29
Travis at the LakeA51BR,1BA$1.73
Sonterra Apartment HomesLuxury2BR,1BA$1.53
Nolina FlatsPONCE DE LEON1BR,1BA$1.69
Vista BellaIncome-Restricted 1 Bedroom, 1 Bath (60%)1BR,1BA$1.59
Abelia FlatsASH1BR,1BA$1.65
Ellwood at Lake TravisA2 Canyon Renovated1BR,1BA$1.57
The VerandahAzalea - A1BR,1BA$1.52

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Best Local Schools in
Lake Travis, Austin, TX

School data provided by Great Schools

Frequently Asked Questions about Cheap Lake Travis Apartments

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

The lowest price for a Cheap One Bedroom Lake Travis Apartment is $964 at Nolina Flats.

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 $1,195 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

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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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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

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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.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.