Cheap Apartments for Rent in Lakeway, TX from $600 (32 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-32, Page 1 of 1

Lakeway, TX Local Guide

Cheapest Available Lakeway Apartments for Rent

 

The cheapest available apartment rental in Lakeway, TX is a Studio unit found at Abelia Flats in the Northwest Austin neighborhood priced from $912. The Verandah in the Northwest Austin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $989. Here is today’s list of the most affordable Lakeway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Abelia FlatsCHESTNUTStudio,1BA$912
The VerandahAzalea - A1BR,1BA$989
PromesaSol1BR,1BA$1,032
Sonterra Apartment HomesSerenity1BR,1BA$1,065
Cortland River PlaceRiver Place1BR,1BA$1,069
Ellwood at Lake Travis1 Bedroom 1 Bath Renovated1BR,1BA$1,070
Nolina FlatsCOLUMBUS1BR,1BA$1,087
Bell Four PointsDecker1BR,1BA$1,099
Callista Hill Country ApartmentsA11BR,1BA$1,110
Cardinal Point ApartmentsA11BR,1BA$1,124

Best Value Apartments for Rent in Lakeway, TX

As of June 21, 2025 the best value apartment in the Lakeway area is the $1.42 price per square foot 1102 Minnie Dr Model at 1102 Minnie Dr, Unit Duplex in the in the Falconhead neighborhood starting from $1,700. The second greatest value Lakeway apartment is the 2x2A Model at Settler's Creek Apartments starting at $1,505 with a $1.28 price per square foot in the Covered Bridge 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.
1102 Minnie Dr, Unit Duplex1102 Minnie Dr2BR,1BA$1.42
Settler's Creek Apartments2x2A2BR,2BA$1.28
Meritage at Steiner RanchA1A1BR,1BA$1.54
Nolina FlatsCORONADO2BR,2BA$1.57
Ellwood at Lake Travis2 Bedroom 1 Bath Renovated2BR,1BA$1.57
Cardinal Point ApartmentsA11BR,1BA$1.35
The VerandahAzalea - A1BR,1BA$1.46
Cortland River PlaceRiver Place1BR,1BA$1.49
Sonterra Apartment HomesSerenity1BR,1BA$1.55
PromesaTierra1BR,1BA$1.54

Quick Rent Budget Calculator

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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

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

Explore Lakeway, TX Rentals by Map

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See the most popular apartments and homes in Lakeway, TX

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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

What is the Cheapest Studio apartment in Lakeway?

Currently the most affordable Cheap Studio Apartment in Lakeway is at Abelia Flats listed at $912.

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

The lowest price for a Cheap One Bedroom Lakeway Apartment is $1,022 at Abelia Flats.

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 $1,094 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 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.

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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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.