Cheap Apartments for Rent in Lakeway, TX from $800 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 5600 Madrone

5600 Madrone

Bee CaveTX78738
Showing Results 1-36, Page 1 of 1

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 Sonterra Apartment Homes in the Northwest Austin neighborhood priced from $949. The Verandah in the Northwest Austin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,051. Here is today’s list of the most affordable Lakeway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sonterra Apartment HomesSerenity1BR,1BA$949
The VerandahAzalea - A1BR,1BA$1,051
PromesaTierra1BR,1BA$1,086
Cardinal Point ApartmentsA11BR,1BA$1,124
Alister Oak HillA011BR,1BA$1,142
Nolina FlatsMAGELLAN1BR,1BA$1,143
Lantana HillsWaldorf - A31BR,1BA$1,158
Settler's Creek Apartments2x12BR,1BA$1,160
Cortland River PlaceRiver Place1BR,1BA$1,176
Landmark ConservancyA11BR,1BA$1,206

Best Value Apartments for Rent in Lakeway, TX

As of August 06, 2025 the best value apartment in the Lakeway area is the $1.52 price per square foot Mansfield Model at Bell Four Points in the in the Northwest Austin neighborhood starting from $1,845. The second greatest value Lakeway apartment is the Greenbriar - D Model at The Verandah starting at $1,748 with a $1.46 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.
Bell Four PointsMansfield3BR,2BA$1.52
The VerandahGreenbriar - D2BR,2BA$1.46
1102 Minnie Dr, Unit Duplex1102 Minnie Dr2BR,1BA$1.42
Abelia FlatsOAK3BR,2BA$1.29
Settler's Creek Apartments2x12BR,1BA$1.18
Callista Hill Country ApartmentsA31BR,1BA$1.42
Alister Oak HillA01p1BR,1BA$1.52
Ellwood at Lake Travis2 Bedroom 1 Bath2BR,1BA$1.46
Cardinal Point ApartmentsA11BR,1BA$1.35
Nolina FlatsMAGELLAN1BR,1BA$1.43

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Lakeway, TX

Ranked #210

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Lakeway, TX Rentals by Map

Decorative image of map

See the most popular apartments and homes in Lakeway, TX

View Map
Lakeway, TX Apartments Map
View Map
Lakeway, TX Rental Homes Map

Getting Around Lakeway, TX

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

21 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $949 at Sonterra Apartment Homes.

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 $1,160 at Settler's Creek Apartments.

What is the most affordable Lakeway Three Bedroom Apartment?

The best deal on a cheap Lakeway Three Bedroom Apartment rental is at Cardinal Point Apartments and starts from $1,480.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.