Cheap Apartments for Rent in the Lake Travis Neighborhood of Austin, TX from $700 (79 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
$1,309 - $3,825
Total Monthly Price

Total Monthly Price

Base Rent
$1,309 - $3,825
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Estates at Bee Cave

3544 Ranch Road 620 SAustin, TX 78738
Affordability
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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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Jovie Lakeway
Rent Specials
$2,050 - $4,079
Total Monthly Price

Total Monthly Price

Base Rent
$2,050 - $4,079
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Jul 1

Jovie Lakeway

50 Bella Toscana AveLakeway, TX 78734
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The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX

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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 Vista Bella priced from $781. Abelia Flats has the second lowest priced unit, which is a Studio apartment currently listed from $883. Here are the most affordable Lake Travis apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Vista BellaIncome-Restricted 1 Bedroom, 1 Bath (60%)1BR,1BA$781
Abelia FlatsASPENStudio,1BA$883
Sonterra Apartment HomesSerenity1BR,1BA$957
Cardinal Point ApartmentsA11BR,1BA$1,050
Ellwood at Lake TravisA2 Lake Renovated1BR,1BA$1,072
The VerandahAzalea - A1BR,1BA$1,080
Bell Four PointsAustin1BR,1BA$1,085
Nolina FlatsCOLUMBUS1BR,1BA$1,092
Berkshire LakewayA21BR,1BA$1,224
Travis at the LakeA21BR,1BA$1,262

Best Value Apartments for Rent in Lake Travis, TX

As of June 05, 2026 the best value apartment in the Lake Travis area is the $1.12 price per square foot 21423 Patton Ave Model at 21423 Patton Ave in the in the Far West Travis neighborhood starting from $1,345. The second greatest value Lake Travis apartment is the 373 Fantail Loop Model at 373 Fantail Loop, Unit B starting at $1,695 with a $1.49 price per square foot in the The Vistas at Lake 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.
21423 Patton Ave21423 Patton Ave2BR,2BA$1.12
373 Fantail Loop, Unit B373 Fantail Loop2BR,2BA$1.49
Meritage at Steiner RanchA1B1BR,1BA$1.33
Vista BellaIncome-Restricted 2 Bedroom, 2 Bath (60%)2BR,2BA$1.64
Cardinal Point ApartmentsB12BR,2BA$1.29
Nolina FlatsPEARY1BR,1BA$1.55
The VerandahAzalea - A1BR,1BA$1.49
Travis at the LakeA21BR,1BA$1.76
Sonterra Apartment HomesSerenity1BR,1BA$1.38
Abelia FlatsASPENStudio ,1BA$1.71

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

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

The lowest price for a Cheap One Bedroom Lake Travis Apartment is $781 at Vista Bella.

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 Vista Bella.

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.

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