Cheap Homes for Rent in Lake Travis Neighborhood of Austin, TX from $800 (56 Rentals)

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Search the lowest-cost Homes 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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property at 3404 American Dr

$1,600 - $2,200

1 To 2 Bedroom Rentals

Available Now

3404 American Dr

Lago VistaTX78645
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

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 439 Sailmaster St

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795
Total Monthly Price
$1,795

3 Bedroom, 2 Bath Home for Rent

Available Now

439 Sailmaster St, Unit B

439 Sailmaster St
LakewayTX78734

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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property at 18810 Nicklaus Dr

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

2 Bedroom, 3 Bath Townhome for Rent

Available Now

18810 Nicklaus Dr

Point VentureTX78645

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 18800 Hogan Cir

$1,950

3 Bedroom, 2 Bath Townhome for Rent

Available Now

18800 Hogan Cir

Lago VistaTX78645

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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Showing Results 1-50, Page 1 of 2

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. Sonterra Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $957. 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
Sonterra Apartment HomesSerenity1BR,1BA$957
Abelia FlatsASPENStudio,1BA$962
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
Paseo at Bee CaveBarton Creek1BR,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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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 Lake Travis

What type of rentals are currently available in Lake Travis?

There are currently 64 Apartments for Rent in Lake Travis, TX with pricing that ranges from $781 to $4,585. There are also 254 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Travis ranging from $850 to $16,000.

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 $850 to $16,000 with an average monthly rent of $4,021.

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 $1,594 to $4,585, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $7,500. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $2,528.

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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