Cheap Homes for Rent in Lamplight Village Neighborhood of Austin, TX from $700 (56 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lamplight Village 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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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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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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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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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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Lamplight Village, Austin, TX Local Guide

Cheapest Available Lamplight Village Apartments for Rent

 

The cheapest available apartment rental in the Lamplight Village area of Austin, TX is a 1 Bed unit found at San Paloma Apartments priced from $799. The Morgan has the second lowest priced unit, which is a 1 Bed apartment currently listed from $809. Here are the most affordable Lamplight Village apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
San Paloma ApartmentsA The Bellini1BR,1BA$799
The MorganA31BR,1BA$809
The OrionA11BR,1BA$832
Heritage Estates at Wells BranchA4-60%HTC1BR,1BA$849
Preserve at Wells Branch11-a1r1BR,1BA$851
Park at Wells BranchA21BR,1BA$855
Lodge At Merrilltown Apartments1X1 60% AMI1BR,1BA$857
MiloA11BR,1BA$859
The VineyardS1bStudio,1BA$878
Twenty15A11BR,1BA$897

Best Value Apartments for Rent in Lamplight Village, TX

As of July 06, 2026 the best value apartment in the Lamplight Village area is the $1.44 price per square foot C1 Model at Villas Tech Ridge in the in the Lamplight Village neighborhood starting from $1,930. The second greatest value Lamplight Village apartment is the C1 Model at Milan starting at $1,655 with a $1.32 price per square foot in the Lamplight Village neighborhood. Here is today’s list of the best values for Lamplight Village apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas Tech RidgeC13BR,2BA$1.44
MilanC13BR,2BA$1.32
MAA Wells BranchRobie1BR,1BA$1.32
Park at Summers Grove29-1/1b1BR,1BA$1.39
Lodge At Merrilltown Apartments1X1 60% AMI1BR,1BA$1.06
The WaymanA21BR,1BA$1.41
The AmethystConroe1BR,1BA$1.47
The Olivine1B1B1BR,1BA$1.32
Ten OaksA21BR,1BA$1.32
San Paloma ApartmentsA The Bellini1BR,1BA$1.39

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
Lamplight Village, Austin, TX

School data provided by Great Schools

Frequently Asked Questions about Lamplight Village

What type of rentals are currently available in Lamplight Village?

There are currently 85 Apartments for Rent in Lamplight Village, TX with pricing that ranges from $683 to $4,655. There are also 163 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lamplight Village ranging from $750 to $4,500.

What is the current price range for Rental Homes in Lamplight Village?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lamplight Village ranges from $750 to $4,500 with an average monthly rent of $1,888.

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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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin

Written by: Raul Mercado

For many people the College years are some of the best years of your life. And you can certainly make the most of those years by finding the perfect place around your campus to call home.

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Beyond "Keep Austin Weird": Your Insiders Ultimate Guide to Renting and Living in Austin, Texas

Written by: Raul Mercado

Hi, I’m Raul, the ApartmentHomeLiving.com Local Guide for Austin. I’ve called the area home long enough to know all the shortcuts and best places to check out and am happy to share them with you today.

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Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers

Written by: Raul Mercado

Hello! I’m Raul, your ApartmentHomeLiving.com local expert for Austin, Texas. I’ve spent years exploring Austin’s neighborhoods throughout my time living in this great city in different apartments and homes.

Articles, How-To's, and Tips

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.