
Cheap Apartments for Rent in the Town Lake Neighborhood of Austin, TX from $700 (71 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

Berkshire Riverview

SoCo on the Lake

Total Monthly Price
Lakeshore Pearl

Sentral East Austin
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Talavera Lofts

The Breakers on the Lake

Crescent

The Weaver

Total Monthly Price
Alexan Rivercrest

1304 Summit St, Unit #206

306 E 4th St

Total Monthly Price
Corazon

Eastside Station

Total Monthly Price
1009 Bonham Terrace, Unit 1416 Kenwood Ave
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Bell South Shore

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

422 at the Lake

Total Monthly Price
Railyard

Total Monthly Price
AMLI Eastside

1105 E 6th St

Total Monthly Price
AMLI South Shore

1009A Bonham Terrace, Unit A

SkyHouse Austin

Furnished Studio-Austin - Downtown - Town Lake
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Placemakr Downtown Austin

800 Brazos St, Unit 710

501 S Congress Ave

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

The Bowie

800 Embassy Dr

Water Marq

Total Monthly Price
The Lola

Total Monthly Price
The Marlowe

Total Monthly Price
Seven
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Pathways at Chalmers Courts West

Timbercreek Apartments

2020 S Congress Ave

Villas on Sixth Apartment Homes

1304 Summit St

South Congress Square

The Willows

East Village Apartments

Newning Oaks Apartments

500 E Riverside Dr
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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 | $1,752 | $700 | $5,053 |
| Town Lake 1 Bedroom Apartments | $2,743 | $800 | $10,000+ |
| Town Lake 2 Bedroom Apartments | $4,332 | $1,512 | $10,000+ |
| Town Lake 3 Bedroom Apartments | $8,169 | $2,253 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 71 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
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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 $700. The Rebekah Senior Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $702. Here are the most affordable Town Lake apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parker Heights | Affordable Studio Living in Riverside — Startin... | Studio,1BA | $700 |
| The Rebekah Senior Apartments | T1- 30% | Studio,1BA | $702 |
| Timbercreek Apartments | E1 Affordable | Studio,1BA | $991 |
| The Arnold | E1 - Affordable | Studio,1BA | $1,099 |
| The Ladybird Senior Apartments - 55+ | A2.c-60% | 1BR,1BA | $1,100 |
| Residences at Saltillo | E1 - SMART | Studio,1BA | $1,171 |
| Berkshire Riverview | Studio 1 | Studio,1BA | $1,200 |
| The Willows | wilA2 | 1BR,1BA | $1,299 |
| Lakeshore Pearl | E1 | Studio,1BA | $1,315 |
| Sentral East Austin | 1630 Studio - Affordable | Studio,1BA | $1,323 |
Best Value Apartments for Rent in Town Lake, TX
As of June 01, 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 2x1 Loft in Downtown Austin! Model at Littlefield Lofts starting at $2,400 with a $2.53 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 |
| Littlefield Lofts | 2x1 Loft in Downtown Austin! | 2BR,1BA | $2.53 |
| AMLI Eastside | A4k | 1BR,1BA | $2.66 |
| The Beverly at Medical Center | A3 | 1BR,1BA | $2.29 |
| Eleven by Windsor | A2 | 1BR,1BA | $2.22 |
| Eastside Station | A1A | 1BR,1BA | $2.65 |
| The Willows | wilA2 | 1BR,1BA | $2.27 |
| The Rebekah Senior Apartments | T1- 30% | Studio ,1BA | $1.40 |
| Parker Heights | Affordable Studio Living in Riverside — Startin... | Studio ,1BA | $1.75 |
| Timbercreek Apartments | E1 Affordable | Studio ,1BA | $2.48 |
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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 #70
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 $700.
How much is rent for a Cheap One Bedroom Town Lake Apartment?
The lowest price for a Cheap One Bedroom Town Lake Apartment is $800 at Parker Heights.
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 Timbercreek Apartments and starts from $2,072.
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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