Cheap Homes for Rent in Lake Travis Neighborhood of Austin, TX from $900 (47 Rentals)

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

property at 8600 N FM 620

8600 N FM 620

AustinTX78726
property at 16100 Webb Ln

16100 Webb Ln

AustinTX78734

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property at 5600 Madrone

5600 Madrone

Bee CaveTX78738

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property at 18800 Hogan Cir

18800 Hogan Cir

Lago VistaTX78645

Austin's Best Affordable Neighborhoods

Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

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 $889. 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
Abelia FlatsASPENStudio,1BA$889
Sonterra Apartment HomesSerenity1BR,1BA$975
The VerandahAzalea - A1BR,1BA$1,033
Ellwood at Lake Travis1 Bedroom 1 Bath Renovated1BR,1BA$1,090
Cardinal Point ApartmentsA11BR,1BA$1,124
Tacara Steiner RanchA1 1 Bed 1 Bath1BR,1BA$1,203
Paseo at Bee CaveBarton Creek1BR,1BA$1,238
Nolina FlatsLIVINGSTONE2BR,2BA$1,309
Berkshire LakewayA21BR,1BA$1,314
Avalon Hill CountryA6-8401BR,1BA$1,320

Best Value Apartments for Rent in Lake Travis, TX

As of July 25, 2025 the best value apartment in the Lake Travis area is the $1.65 price per square foot C2 Model at Avalon Townhomes at Bee Cave in the in the The Vistas at Lake Travis neighborhood starting from $2,585. The second greatest value Lake Travis apartment is the 1215 Terjo Ln Model at 1215 Terjo Ln, Unit A starting at $1,600 with a $1.23 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 Townhomes at Bee CaveC23BR,2BA$1.65
1215 Terjo Ln, Unit A1215 Terjo Ln1BR,1BA$1.23
Bell Four PointsMansfield3BR,2BA$1.50
Meritage at Steiner RanchB1A2BR,1BA$1.46
The VerandahGreenbriar - D2BR,2BA$1.46
Nolina FlatsPEARY1BR,1BA$1.49
Sonterra Apartment HomesLuxury1BR,1BA$1.59
Cardinal Point ApartmentsA11BR,1BA$1.35
Ellwood at Lake Travis1 Bedroom 1 Bath Renovated1BR,1BA$1.50
Abelia FlatsASPENStudio ,1BA$1.73

Quick Rent Budget Calculator

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Frequently Asked Questions about Lake Travis

What type of rentals are currently available in Lake Travis?

There are currently 60 Apartments for Rent in Lake Travis, TX with pricing that ranges from $979 to $19,064. There are also 366 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Travis ranging from $984 to $21,000.

What is the current price range for Rental Homes in Lake Travis?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Travis ranges from $984 to $21,000 with an average monthly rent of $6,247.

How much are larger Three and Four Bedroom Rentals in Lake Travis?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Travis range from $1,620 to $19,064, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $8,800. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $2,359.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

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decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.