Cheap Apartments for Rent in Lakeway, TX from $700 (99 Rentals)

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

property at 522 Cutty Trail

$1,475 - $1,495

2 Bedroom Rentals

Available Now

522 Cutty Trail

LakewayTX78734
property at 521 Cutty Trail A

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

3 Bedroom, 2 Bath Townhome for Rent

Available Now

521 Cutty Trail A

LakewayTX78734
property at 295 Mooring Cir

$1,995 - $2,095

2 To 4 Bedroom Rentals

Available Now

295 Mooring Cir

LakewayTX78734
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Jovie Lakeway
Rent Specials
$2,050 - $4,079
Total Monthly Price

Total Monthly Price

Base Rent
$2,050 - $4,079
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Sep 1

Jovie Lakeway

50 Bella Toscana AveLakeway, TX 78734
Senior Living
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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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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
property at 220 Sailmaster St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000
Total Monthly Price
$2,000

3 Bedroom, 2 Bath Home for Rent

Available Now

220 Sailmaster St, Unit A

220 Sailmaster St
LakewayTX78734

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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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.

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Sonora
Rent Specials
$1,211 - $3,667
Total Monthly Price

Total Monthly Price

Base Rent
$1,211 - $3,667
Total Monthly Price
Varies
Studio to 4 Bedroom Apartments Available Now

Sonora

8350 W US Highway 290Austin, TX 78737
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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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Estates at Bee Cave
Rent Specials
$1,304 - $2,383
Total Monthly Price

Total Monthly Price

Base Rent
$1,304 - $2,383
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Estates at Bee Cave

3544 Ranch Road 620 SAustin, TX 78738
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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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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 $732. Sonterra Apartment Homes in the Northwest Austin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $984. Here is today’s list of the most affordable Lakeway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Abelia FlatsASPENStudio,1BA$732
Sonterra Apartment HomesSerenity1BR,1BA$984
The VerandahAzalea - A1BR,1BA$1,004
Bell Four PointsAustin1BR,1BA$1,019
Ellwood at Lake TravisA6 Canyon Classic1BR,1BA$1,035
Cardinal Point ApartmentsA11BR,1BA$1,050
PromesaTierra1BR,1BA$1,099
Nolina FlatsCOLUMBUS1BR,1BA$1,137
Panorama VillasA11BR,1BA$1,150
SonoraE1Studio,1BA$1,211

Best Value Apartments for Rent in Lakeway, TX

As of July 17, 2026 the best value apartment in the Lakeway area is the $1.40 price per square foot B3A Model at Meritage at Steiner Ranch in the in the Northwest Austin neighborhood starting from $1,943. The second greatest value Lakeway apartment is the C1 Model at Callista Hill Country Apartments starting at $1,839 with a $1.40 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.
Meritage at Steiner RanchB3A2BR,2BA$1.40
Callista Hill Country ApartmentsC13BR,2BA$1.40
Lantana HillsC5R2BR,2BA$1.42
Cardinal Point ApartmentsB12BR,2BA$1.29
Southwest TrailsB12BR,2BA$1.22
The VerandahCedar Sage - B2BR,1BA$1.40
Sonterra Apartment HomesCelestial2BR,1BA$1.52
Alister Oak HillA01p1BR,1BA$1.43
Nolina FlatsCOLUMBUS1BR,1BA$1.53
Bell Four PointsAustin1BR,1BA$1.45

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

What is the Cheapest Studio apartment in Lakeway?

Currently the most affordable Cheap Studio Apartment in Lakeway is at Abelia Flats listed at $732.

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

The lowest price for a Cheap One Bedroom Lakeway Apartment is $972 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 $1,137 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 Southwest Trails and starts from $1,429.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.

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

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

Written by: Robin Stewart

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.

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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.