Cheap Homes for Rent in Lakeway Neighborhood of Austin, TX from $1,400 (34 Rentals)

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

property at 15205 Cavalier Canyon Dr

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

2 Bedroom, 2 Bath Home for Rent

Available Now

15205 Cavalier Canyon Dr

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 302 Venture Blvd S

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850

3 Bedroom, 2 Bath Home for Rent

Available Now

302 Venture Blvd S

Lago VistaTX78645

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

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

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property at 220 Sailmaster St

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150
Total Monthly Price
$2,150

3 Bedroom, 2 Bath Home for Rent

Available Now

220 Sailmaster St

LakewayTX78734
Showing Results 1-34, Page 1 of 1

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 $1,094. Avalon Hill Country has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,193. Here are the most affordable Lakeway apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Berkshire LakewayA11BR,1BA$1,094
Avalon Hill CountryA10-6211BR,1BA$1,193
Pearl Bee CaveA2.2WF1BR,1BA$1,220
Estates at Bee CaveA11BR,1BA$1,301
Travis at the LakeA41BR,1BA$1,448
The Artesian at Bee CaveA-Flat 11BR,1BA$1,615
BB Living Sweetwater Crossing3A Townhome3BR,2BA$2,977

Best Value Apartments for Rent in Lakeway, TX

As of February 25, 2026 the best value apartment in the Lakeway area is the $1.80 price per square foot 4B Townhome Model at BB Living Sweetwater Crossing in the in the The Vistas at Lake Travis neighborhood starting from $3,526. The second greatest value Lakeway apartment is the TH2 Model at Pearl Bee Cave starting at $6,450 with a $3.70 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 ListingModel NameBed/BathPrice Per Sq.Ft.
BB Living Sweetwater Crossing4B Townhome4BR,2.5BA$1.80
Pearl Bee CaveTH23BR,2.5BA$3.70
Travis at the LakeC13BR,2BA$1.70
Estates at Bee CaveC1-G3BR,2BA$1.84
The Artesian at Bee CaveB-Flat 22BR,2BA$2.37
Berkshire LakewayA5 T1BR,1BA$1.97
Avalon Hill CountryA10-6211BR,1BA$1.92

Frequently Asked Questions about Lakeway

What type of rentals are currently available in Lakeway?

There are currently 21 Apartments for Rent in Lakeway, TX with pricing that ranges from $1,075 to $6,450. There are also 113 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeway ranging from $1,425 to $25,000.

What is the current price range for Rental Homes in Lakeway?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeway ranges from $1,425 to $25,000 with an average monthly rent of $4,834.

How much are larger Three and Four Bedroom Rentals in Lakeway?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakeway range from $1,670 to $6,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,725 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $2,763.

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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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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Renting your next home can feel thrilling and overwhelming at the same time.

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

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