Cheap Homes for Rent in Lakeway Neighborhood of Austin, TX from $1,100 (42 Rentals)

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

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 18800 Hogan Cir

18800 Hogan Cir

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 18418 Lakeland Dr

18418 Lakeland Dr

Lago VistaTX78645

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-42, Page 1 of 1

Lakeway, Austin, TX Local Guide

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 Estates at Bee Cave priced from $1,196. Berkshire Lakeway has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,219. Here are the most affordable Lakeway apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Estates at Bee CaveA11BR,1BA$1,196
Berkshire LakewayA11BR,1BA$1,219
Avalon Hill CountryA20-7641BR,1BA$1,285
FalconheadA21BR,1BA$1,372
The Artesian at Bee CaveA11BR,1BA$1,499
Travis at the LakeB22BR,2BA$1,929
BB Living Sweetwater Crossing3A Townhome3BR,2BA$2,962

Best Value Apartments for Rent in Lakeway, TX

As of September 16, 2025 the best value apartment in the Lakeway area is the $1.75 price per square foot 4A Townhome Model at BB Living Sweetwater Crossing in the in the The Vistas at Lake Travis neighborhood starting from $3,354. The second greatest value Lakeway apartment is the B1 Model at Travis at the Lake starting at $1,975 with a $1.80 price per square foot in the Far West Travis 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 Crossing4A Townhome4BR,2.5BA$1.75
Travis at the LakeB12BR,2BA$1.80
Avalon Hill CountryA20-7641BR,1BA$1.68
FalconheadA21BR,1BA$1.84
Estates at Bee CaveA11BR,1BA$1.68
Berkshire LakewayA11BR,1BA$1.87
The Artesian at Bee CaveA11BR,1BA$2.42

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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Pet Friendly Lifestyle
Lakeway, Austin, TX

Ranked #171

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Lakeway

What type of rentals are currently available in Lakeway?

There are currently 22 Apartments for Rent in Lakeway, TX with pricing that ranges from $1,135 to $4,590. There are also 147 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeway ranging from $1,100 to $19,500.

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 $1,100 to $19,500 with an average monthly rent of $4,451.

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 $1,997 to $4,590, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $5,600. Four Bedroom Single-Family rentals are also available starting from $2,650 and Four Bedroom Apartments start at $2,610.

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.

decorative image for The 10 Best Affordable Neighborhoods in Austin, TX article

The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.