
Cheap Apartments for Rent in the Lakeway Neighborhood of Austin, TX from $1,100 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakeway area of Austin.


Avalon Hill Country

The Artesian at Bee Cave

Jovie Lakeway
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Berkshire Lakeway
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Lakeway, Austin, TX Local Guide

How much does it cost to rent an apartment in Lakeway?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeway Studio Apartments | $2,084 | $2,050 | $2,161 |
| Lakeway 1 Bedroom Apartments | $1,985 | $1,125 | $2,550 |
| Lakeway 2 Bedroom Apartments | $2,780 | $1,365 | $4,099 |
| Lakeway 3 Bedroom Apartments | $3,033 | $1,655 | $4,950 |
| Lakeway 4 Bedroom Apartments | $2,665 | $2,484 | $3,321 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Lakeway Neighborhood of Austin, TX.
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Cheapest Available Lakeway Apartments for Rent
 The cheapest available apartment rental in the Lakeway area of Austin, TX is a 1 Bed unit found at Berkshire Lakeway priced from $1,125. Travis at the Lake has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,158. Here are the most affordable Lakeway apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Berkshire Lakeway | A1 | 1BR,1BA | $1,125 |
| Travis at the Lake | A | 1BR,1BA | $1,158 |
| Estates at Bee Cave | A1 | 1BR,1BA | $1,224 |
| Avalon Hill Country | A20-764 | 1BR,1BA | $1,226 |
| Pearl Bee Cave | A2.2WF | 1BR,1BA | $1,375 |
Best Value Apartments for Rent in Lakeway, TX
As of January 05, 2026 the best value apartment in the Lakeway area is the $1.79 price per square foot 4B Townhome Model at BB Living Sweetwater Crossing in the in the The Vistas at Lake Travis neighborhood starting from $3,511. The second greatest value Lakeway apartment is the TH1 Model at Pearl Bee Cave starting at $4,950 with a $2.89 price per square foot in the Falconhead neighborhood. Here is today’s list of the best values for Lakeway apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| BB Living Sweetwater Crossing | 4B Townhome | 4BR,2.5BA | $1.79 |
| Pearl Bee Cave | TH1 | 3BR,2.5BA | $2.89 |
| Estates at Bee Cave | C1-G | 3BR,2BA | $2.30 |
| The Artesian at Bee Cave | A1c Plus Flex Space | 1BR,1BA | $2.37 |
| Avalon Hill Country | A20-764 | 1BR,1BA | $1.60 |
| Berkshire Lakeway | A2 | 1BR,1BA | $1.87 |
| Travis at the Lake | A | 1BR,1BA | $2.02 |
Frequently Asked Questions about Cheap Lakeway Apartments
How much is rent for a Cheap One Bedroom Lakeway Apartment?
The lowest price for a Cheap One Bedroom Lakeway Apartment is $1,125 at Berkshire Lakeway.
What is the lowest price for a Cheap Two Bedroom Lakeway Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lakeway is starting from $1,632 at Estates at Bee Cave.
What is the most affordable Lakeway Three Bedroom Apartment?
The best deal on a cheap Lakeway Three Bedroom Apartment rental is at Berkshire Lakeway and starts from $2,200.
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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Articles, How-To's, and Tips

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Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
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Everything is a negotiation in real estate!




