1103 Kenwood Ave
AustinTX78704
Cheap Homes for Rent in the Town Lake Neighborhood of Austin, TX from $1,300 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the Town Lake area of Austin.
500 E Riverside Dr
AustinTX78704
2020 S Congress Ave
AustinTX78704
620 S 1st St
AustinTX78704
1010 Willow St, Unit B
1010 Willow St
AustinTX78702
1202 Newning Ave
AustinTX78704
1202 Newning Ave, Unit Apartment Off S. Congress
1202 Newning Ave
AustinTX78704
1200 Newning Ave, Unit 308
1200 Newning Ave
AustinTX78704
Keep Austin Affordable: A Renter's Guide to the Best Suburbs Around the City
Round Rock, Buda, Cedar Park, and more — Austin's surrounding metros offer incredible value for renters. Our local expert compares the best surrounding cities so you can find more space, lower rent, and a great quality of life just minutes from the city.
2102 Brackenridge St
AustinTX78704
1800 E 4th St
AustinTX78702
1407 Drake Ave
AustinTX78704
1113 E 3rd St
AustinTX78702
1009A Bonham Terrace, Unit A
1009A Bonham Terrace
AustinTX78704
800 Embassy Dr
AustinTX78702
800 Embassy Dr
AustinTX78702
49 Navasota St
AustinTX78702
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
515 Pecan Grove Rd
AustinTX78704
1013 E 10th St
AustinTX78702
1402 Parker Ln
AustinTX78741
800 Brazos St
AustinTX78701
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$2,080
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1 Bedroom Apartments Available Oct 24Total Monthly Price
Base Rent
$2,080
Total Monthly Price
$2,080
501 Brazos St, Unit SI FL17-ID290
501 Brazos StAustin, TX 78701
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$2,099Studio Apartments Available Now
Furnished Studio-Austin - Downtown - Town Lake
507 S 1st StAustin, TX 78704
507 Sabine St
AustinTX78701
1710 Haskell St
AustinTX78702
The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX
Moving to Austin? Get an insider’s guide to managing costs in the Music Capitol. Discover which affordable ATX neighborhoods fit your budget and lifestyle.
Showing Results 1-24, Page 1 of 1
Town Lake, Austin, TX Local Guide
How much does it cost to rent a home in Town Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Town Lake 2 Bedroom Homes for Rent | $3,990 | $2,000 | $9,500 |
| Town Lake 3 Bedroom Homes for Rent | $5,488 | $1,700 | $10,000+ |
| Town Lake 4 Bedroom Homes for Rent | $9,911 | $4,500 | $10,000+ |
| Town Lake 5 Bedroom Homes for Rent | $11,250 | $4,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 24 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 $635. Pathways at Chalmers Courts West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $914. 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 |
| Pathways at Chalmers Courts West | 1/1 | 1BR,1BA | $914 |
| The Ladybird Senior Apartments - 55+ | A1.g-60% | 1BR,1BA | $999 |
| The Arnold | E1 - Affordable | Studio,1BA | $1,099 |
| Timbercreek Apartments | E1 Affordable | Studio,1BA | $1,117 |
Best Value Apartments for Rent in Town Lake, TX
As of August 30, 2026 the best value apartment in the Town Lake area is the $2.27 price per square foot Republic Model at 404 Rio Grande in the in the Town Lake neighborhood starting from $3,165. The second greatest value Town Lake apartment is the B1.d-80% Model at The Ladybird Senior Apartments - 55+ starting at $1,900 with a $1.67 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. |
|---|---|---|---|
| 404 Rio Grande | Republic | 2BR,2BA | $2.27 |
| The Ladybird Senior Apartments - 55+ | B1.d-80% | 2BR,2BA | $1.67 |
| The Beverly at Medical Center | A7 | 1BR,1.5BA | $2.02 |
| Villas on Sixth Apartment Homes | The Pecos - Income Restricted | 2BR,2BA | $1.53 |
| Berkshire Riverview | A5 | 1BR,1BA | $2.37 |
| Pathways at Chalmers Courts East | 1/1 | 1BR,1BA | $2.23 |
| Pathways at Chalmers Courts West | 1/1 | 1BR,1BA | $1.33 |
| The Willows | wilA3 | 1BR,1BA | $2.18 |
| Talavera Lofts | E1-60% | Studio ,1BA | $2.43 |
| 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
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.
Read ArticleLocal 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
Read ArticleReal 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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Pet Friendly LifestyleTown Lake, Austin, TX
Ranked #74
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Town Lake
What type of rentals are currently available in Town Lake?
There are currently 140 Apartments for Rent in Town Lake, TX with pricing that ranges from $635 to $27,095. There are also 110 Single Family Homes for rent, Condos, and Townhome rentals currently available in Town Lake ranging from $1,300 to $25,000.
What is the current price range for Rental Homes in Town Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Town Lake ranges from $1,300 to $25,000 with an average monthly rent of $4,679.
How much are larger Three and Four Bedroom Rentals in Town Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Town Lake range from $2,253 to $22,510, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $19,500. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $2,012.
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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