
Cheap Apartments for Rent in the Town Lake Neighborhood of Austin, TX from $600 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in the Town Lake area of Austin.


Total Monthly Price
The Rebekah Senior Apartments

97 Anthony St

The Arnold

The Ladybird Senior Apartments - 55+

Residences at Saltillo

SoCo on the Lake

Total Monthly Price
Timbercreek Apartments

Berkshire Riverview

Crescent
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2020 S Congress Ave, Unit 1318

Total Monthly Price
Lakeshore Pearl

Bell South Shore

Sentral East Austin

The Breakers on the Lake

The Weaver

306 E 4th St

Total Monthly Price
Alexan Rivercrest

Total Monthly Price
500 E. Riverside Dr., Unit #122
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1105 E 6th St

Total Monthly Price
Bridge at Eastside

Total Monthly Price
1009 Bonham Terrace, Unit 1416 Kenwood Ave

Total Monthly Price
Corazon

500 E Riverside Dr, Unit Short Term Rental 5-9 mo

1202 Newning Ave, Unit Apartment Travis Heights

Total Monthly Price
301 E 4th St, Unit SI FL3-ID341

Total Monthly Price
Railyard

Eastside Station

Placemakr Downtown Austin
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Total Monthly Price
AMLI South Shore

1009A Bonham Terrace, Unit A

Total Monthly Price
422 at the Lake

SkyHouse Austin

800 Brazos St, Unit 710

Pathways at Chalmers Courts West

2020 S Congress Ave

Pathways at Chalmers Courts East

Villas on Sixth Apartment Homes

1304 Summit St
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Eleven by Windsor

The Willows

East Village Apartments

Newning Oaks Apartments

500 E Riverside Dr, Unit 145

Pathways at Chalmers Courts South

1202 Newning Ave

Camden Rainey Street

2102 Brackenridge St

Elle West Ave
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Town Lake, Austin, TX Local Guide

How much does it cost to rent an apartment in Town Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Town Lake Studio Apartments | $1,682 | $635 | $5,053 |
| Town Lake 1 Bedroom Apartments | $2,450 | $695 | $4,940 |
| Town Lake 2 Bedroom Apartments | $3,575 | $1,250 | $10,000+ |
| Town Lake 3 Bedroom Apartments | $7,442 | $2,253 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 59 rentals with your search options within a 1 mile radius of the Town Lake Neighborhood of Austin, TX.
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Town Lake, Austin, TX Local Guide
- Nearby Austin neighborhoods
- Nearby Cities
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Cheapest Available Town Lake Apartments for Rent
 The cheapest available apartment rental in the Town Lake area of Austin, TX is a Studio unit found at Parker Heights priced from $635. The Rebekah Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $705. Here are the most affordable Town Lake apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parker Heights | Choose Your Special! Affordable Studio Living i... | Studio,1BA | $635 |
| The Rebekah Senior Apartments | T1- 30% | Studio,1BA | $705 |
| Pathways at Chalmers Courts West | 1/1 | 1BR,1BA | $914 |
| The Arnold | E1 - Affordable | Studio,1BA | $1,099 |
| The Ladybird Senior Apartments - 55+ | A1.h-60% | 1BR,1BA | $1,100 |
| Residences at Saltillo | E1 - SMART | Studio,1BA | $1,176 |
| Timbercreek Apartments | E1 | Studio,1BA | $1,205 |
| The Willows | wilA2 | 1BR,1BA | $1,299 |
| Sentral East Austin | Studio - Affordable - 1614 | Studio,1BA | $1,323 |
| Talavera Lofts | E1-60% | Studio,1BA | $1,337 |
Best Value Apartments for Rent in Town Lake, TX
As of July 16, 2026 the best value apartment in the Town Lake area is the $1.67 price per square foot B1.d-80% Model at The Ladybird Senior Apartments - 55+ in the in the Town Lake neighborhood starting from $1,900. The second greatest value Town Lake apartment is the 2A Model at Pathways at Chalmers Courts South starting at $1,742 with a $1.74 price per square foot in the Town Lake neighborhood. Here is today’s list of the best values for Town Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Ladybird Senior Apartments - 55+ | B1.d-80% | 2BR,2BA | $1.67 |
| Pathways at Chalmers Courts South | 2A | 2BR,2BA | $1.74 |
| Pathways at Chalmers Courts West | 2/1 | 2BR,1BA | $1.47 |
| Villas on Sixth Apartment Homes | The Pecos - Income Restricted | 2BR,2BA | $1.53 |
| The Beverly at Medical Center | A3 | 1BR,1BA | $2.07 |
| Berkshire Riverview | A3D | 1BR,1BA | $2.13 |
| Pathways at Chalmers Courts East | 1/1 | 1BR,1BA | $2.14 |
| The Willows | wilA2 | 1BR,1BA | $2.27 |
| The Rebekah Senior Apartments | T1- 30% | Studio ,1BA | $1.41 |
| Parker Heights | Choose Your Special! Affordable Studio Living i... | Studio ,1BA | $1.59 |
Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleLocal Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin
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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.
Read ArticleQuick 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.
Pet Friendly LifestyleTown Lake, Austin, TX
Ranked #77
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
Our team works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Town Lake, Austin, and the greater Austin area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Town Lake Apartments
What is the Cheapest Studio apartment in Town Lake?
Currently the most affordable Cheap Studio Apartment in Town Lake is at Parker Heights listed at $635.
How much is rent for a Cheap One Bedroom Town Lake Apartment?
The lowest price for a Cheap One Bedroom Town Lake Apartment is $914 at Pathways at Chalmers Courts West.
What is the lowest price for a Cheap Two Bedroom Town Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Town Lake is starting from $1,386 at Timbercreek Apartments.
What is the most affordable Town Lake Three Bedroom Apartment?
The best deal on a cheap Town Lake Three Bedroom Apartment rental is at Railyard and starts from $2,732.
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

The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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.

Beyond "Keep Austin Weird": Your Insider's 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.

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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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.
