Cheap Homes for Rent in the Lakeway Neighborhood of Austin, TX from $1,300 (43 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lakeway 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 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 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

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 430 Summit Ridge Dr N

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895
Total Monthly Price
$1,895

3 Bedroom, 2 Bath Home for Rent

Available Now

430 Summit Ridge Dr N

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 17 Casa Verde St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995
Total Monthly Price
$1,995

2 Bedroom, 2 Bath Condo for Rent

Available Now

17 Casa Verde St

LakewayTX78734
property at 220 Sailmaster St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

3 Bedroom, 2 Bath Home for Rent

Available Now

220 Sailmaster St, Unit A

220 Sailmaster St
LakewayTX78734

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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property at 300 Venture Blvd S

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100

3 Bedroom, 2 Bath Home for Rent

Available Now

300 Venture Blvd S

Point VentureTX78645
Showing Results 1-43, 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 $1,224. Estates at Bee Cave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,324. Here are the most affordable Lakeway apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Berkshire LakewayA11BR,1BA$1,224
Estates at Bee CaveA11BR,1BA$1,324
Avalon Hill CountryA20-7641BR,1BA$1,325
Pearl Bee CaveA31BR,1BA$1,535
The Artesian at Bee CaveA1b1BR,1BA$1,575
Travis at the LakeB32BR,2BA$2,166
BB Living Sweetwater Crossing3A Townhome3BR,2BA$3,016

Best Value Apartments for Rent in Lakeway, TX

As of July 18, 2026 the best value apartment in the Lakeway area is the $1.86 price per square foot 4B Townhome Model at BB Living Sweetwater Crossing in the in the The Vistas at Lake Travis neighborhood starting from $3,662. The second greatest value Lakeway apartment is the C1 Model at Travis at the Lake starting at $2,639 with a $1.72 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 Crossing4B Townhome4BR,2.5BA$1.86
Travis at the LakeC13BR,2BA$1.72
Avalon Hill CountryA2-1-8071BR,1BA$1.83
Berkshire LakewayA3 T1BR,1BA$1.98
Estates at Bee CaveA11BR,1BA$1.86
Pearl Bee CaveA61BR,1BA$2.87
The Artesian at Bee CaveA11BR,1BA$2.96

Frequently Asked Questions about Lakeway

What type of rentals are currently available in Lakeway?

There are currently 23 Apartments for Rent in Lakeway, TX with pricing that ranges from $1,150 to $4,079. There are also 126 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeway ranging from $1,300 to $18,000.

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 $1,300 to $18,000 with an average monthly rent of $4,111.

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 $2,260 to $3,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $5,250. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $3,029.

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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