Cheap Apartments for Rent in Lakeway, TX from $781 (92 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lakeway.

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Jovie Lakeway
Rent Specials
$2,050 - $4,099
Total Monthly Price

Total Monthly Price

Base Rent
$2,050 - $4,099
Total Monthly Price
$2,050 - $4,099
Studio to 2 Bedroom Apartments Available Sep 1

Jovie Lakeway

50 Bella Toscana AveLakeway, TX 78734
Senior Living
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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 421 Fantail Loop

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850
Total Monthly Price
$1,850

3 Bedroom, 2 Bath Home for Rent

Available Now

421 Fantail Loop, Unit B

421 Fantail Loop
LakewayTX78734
property at 220 Sailmaster St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950
Total Monthly Price
$1,950

3 Bedroom, 2 Bath Home for Rent

Available Now

220 Sailmaster St, Unit A

220 Sailmaster St
LakewayTX78734
property at 17 Casa Verde St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995
Total Monthly Price
$1,995

2 Bedroom, 2 Bath Condo for Rent

Available Now

17 Casa Verde St

LakewayTX78734

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Landmark Conservancy
Rent Specials
$1,228 - $3,464
Total Monthly Price

Total Monthly Price

Base Rent
$1,228 - $3,464
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Landmark Conservancy

9301 Old Bee Caves RdAustin, TX 78735
Affordability
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Estates at Bee Cave
Rent Specials
$1,300 - $2,637
Total Monthly Price

Total Monthly Price

Base Rent
$1,300 - $2,637
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Estates at Bee Cave

3544 Ranch Road 620 SAustin, TX 78738
Affordability
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  • Customer Reviewed
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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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Sonora
Rent Specials
$1,341 - $3,702
Total Monthly Price

Total Monthly Price

Base Rent
$1,341 - $3,702
Total Monthly Price
Varies
Studio to 4 Bedroom Apartments Available Now

Sonora

8350 W US Highway 290Austin, TX 78737
Affordability
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  • Utilities Included

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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Lakeway, TX Local Guide

Cheapest Available Lakeway Apartments for Rent

 

The cheapest available apartment rental in Lakeway, TX is a 1 Bed unit found at Vista Bella in the Far West Travis neighborhood priced from $781. Abelia Flats in the Northwest Austin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $802. Here is today’s list of the most affordable Lakeway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vista BellaIncome-Restricted 1 Bedroom, 1 Bath (60%)1BR,1BA$781
Abelia FlatsREDWOOD1BR,1BA$802
Cardinal Point ApartmentsA11BR,1BA$999
Ellwood at Lake TravisA6 Canyon Classic1BR,1BA$1,005
The VerandahAzalea - A1BR,1BA$1,010
Panorama VillasA11BR,1BA$1,050
Nolina FlatsCOLUMBUS1BR,1BA$1,060
PromesaTierra1BR,1BA$1,099
Bell Four PointsAustin1BR,1BA$1,154
Lantana HillsA31BR,1BA$1,222

Best Value Apartments for Rent in Lakeway, TX

As of August 31, 2026 the best value apartment in the Lakeway area is the $1.42 price per square foot 73-B2E8 Model at Bridge at Steiner Ranch in the in the Northwest Austin neighborhood starting from $1,779. The second greatest value Lakeway apartment is the B1A Model at Meritage at Steiner Ranch starting at $1,959 with a $1.63 price per square foot in the Northwest Austin neighborhood. Here is today’s list of the best values for Lakeway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bridge at Steiner Ranch73-B2E82BR,2BA$1.42
Meritage at Steiner RanchB1A2BR,1BA$1.63
The VerandahGreenbriar - D2BR,2BA$1.52
Cardinal Point ApartmentsB12BR,2BA$1.22
Southwest TrailsB12BR,2BA$1.22
Panorama VillasA3 - 1 Bedroom with Den1BR,1BA$1.51
Sonterra Apartment HomesLuxury2BR,1BA$1.45
Alister Oak HillA01 Renovated1BR,1BA$1.53
Nolina FlatsMAGELLAN1BR,1BA$1.46
Valley View Apartments2x12BR,1BA$1.54

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Lakeway Apartments

How much is rent for a Cheap One Bedroom Lakeway Apartment?

The lowest price for a Cheap One Bedroom Lakeway Apartment is $781 at Vista Bella.

What is the lowest price for a Cheap Two Bedroom Lakeway Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakeway is starting from $974 at Abelia Flats.

What is the most affordable Lakeway Three Bedroom Apartment?

The best deal on a cheap Lakeway Three Bedroom Apartment rental is at Vista Bella and starts from $1,594.

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.