2020 S Congress Ave
AustinTX78704
Cheap Homes for Rent in the Town Lake Neighborhood of Austin, TX from $1,000 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Town Lake area of Austin.
1304 Summit St
AustinTX78741
2020 S Congress Ave, Unit 1318
2020 S Congress Ave
AustinTX78704
500 E Riverside Dr, Unit 145
500 E Riverside Dr
AustinTX78704
1202 Newning Ave
AustinTX78704
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.
2102 Brackenridge St
AustinTX78704
500 E Riverside Dr, Unit Short Term Rental 5-9 mo
500 E Riverside Dr
AustinTX78704
500 E Riverside Dr
AustinTX78704
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$1,620
Total Monthly Price
1 Bedroom Apartments Available Dec 14Total Monthly Price
Base Rent
$1,620
Total Monthly Price
$1,620
301 E 4th St, Unit SI FL3-ID341
301 E 4th StAustin, TX 78701
802 S 1st St
AustinTX78704
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.
1113 E 3rd St
AustinTX78702
1800 E 4th St
AustinTX78702
1009A Bonham Terrace, Unit A
1009A Bonham Terrace
AustinTX78704
1500 East Side Dr
AustinTX78704
800 Embassy Dr
AustinTX78702
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.
800 Brazos St, Unit 710
800 Brazos St
AustinTX78701
1402 Hillside Ave
AustinTX78704
Showing Results 1-17, 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 | $3,780 | $1,195 | $8,500 |
| Town Lake 3 Bedroom Homes for Rent | $5,516 | $1,700 | $10,000+ |
| Town Lake 4 Bedroom Homes for Rent | $6,783 | $3,600 | $8,900 |
| Town Lake 5 Bedroom Homes for Rent | $11,666 | $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 17 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. 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 |
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
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.
Read Article
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.
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.
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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
Frequently Asked Questions about Town Lake
What type of rentals are currently available in Town Lake?
There are currently 138 Apartments for Rent in Town Lake, TX with pricing that ranges from $635 to $26,830. There are also 119 Single Family Homes for rent, Condos, and Townhome rentals currently available in Town Lake ranging from $1,095 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 $1,095 to $25,000 with an average monthly rent of $7,074.
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
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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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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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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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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.
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.