
Cheap Homes for Rent in Lakeway, TX from $1,400 (43 Rentals)
Search the lowest-cost Homes available for rent right now in Lakeway.


523 Cutty Trail

3499 Ranch Rd 620 S

1302 S Quinlan Park Rd

1102 Minnie Dr

511 Cutty Trail

527 Cutty Trail

3701 Crosswind Dr

2405 Jacks Pass

15205 Cavalier Canyon Dr
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.

15205 Cavalier Canyon Dr

18810 Nicklaus Dr

11203 Ranch Rd 2222

269 Venture Blvd S

514 Demarett Dr

349 Fantail Loop

2201 Indian Creek Rd

18800 Hogan Cir

111 Comanche Dr
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.

11203 Ranch Rd 2222

18418 Lakeland Dr

325 Venture Blvd S

604 Whispering Hollow Cir

5511 Caprock Smt Dr

5511 Caprock Smt Dr

5511 Caprock Smt Dr

5511 Caprock Smt Dr

5511 Caprock Smt Dr

5511 Caprock Smt Dr

5511 Caprock Smt Dr
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.

5511 Caprock Smt Dr

5511 Caprock Smt Dr

3160 Thurman Rd

5511 Caprock Smt Dr

5511 Caprock Smt Dr

5511 Caprock Smt Dr

5511 Caprock Smt Dr

4307 Eck Ln

528 Palmer Dr
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.

102 Bella Toscana Ave

1810 Quanah Parker Trail

100 Lido Cir

1810 Quanah Parker Trl
Lakeway, TX Local Guide

How much does it cost to rent a home in Lakeway?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lakeway 2 Bedroom Homes for Rent | $2,144 | $1,599 | $3,400 |
Lakeway 3 Bedroom Homes for Rent | $3,275 | $1,650 | $7,000 |
Lakeway 4 Bedroom Homes for Rent | $4,781 | $2,600 | $10,000+ |
Lakeway 5 Bedroom Homes for Rent | $8,456 | $2,850 | $10,000+ |
Lakeway 6 Bedroom Homes for Rent | $13,000 | $6,500 | $10,000+ |
Lakeway 7 Bedroom Homes for Rent | $16,500 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Lakeway
Explore Lakeway
Lakeway, TX Local Guide
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Cheapest Available Lakeway Apartments for Rent
 The cheapest available apartment rental in Lakeway, TX is a 1 Bed unit found at The Verandah in the Northwest Austin neighborhood priced from $968. Abelia Flats in the Northwest Austin neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $970. Here is today’s list of the most affordable Lakeway apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Verandah | Azalea - A | 1BR,1BA | $968 |
Abelia Flats | CHESTNUT | Studio,1BA | $970 |
Promesa | Tierra | 1BR,1BA | $997 |
Ellwood at Lake Travis | 1 Bedroom 1 Bath | 1BR,1BA | $1,020 |
Tacara Steiner Ranch | A1 1 Bed 1 Bath | 1BR,1BA | $1,026 |
Sonterra Apartment Homes | Serenity | 1BR,1BA | $1,056 |
Nolina Flats | COLUMBUS | 1BR,1BA | $1,059 |
Cortland River Place | River Place | 1BR,1BA | $1,092 |
Cardinal Point Apartments | A1 | 1BR,1BA | $1,124 |
Bell Four Points | Austin | 1BR,1BA | $1,139 |
Best Value Apartments for Rent in Lakeway, TX
As of June 12, 2025 the best value apartment in the Lakeway area is the $1.42 price per square foot B3A Model at Meritage at Steiner Ranch in the in the Northwest Austin neighborhood starting from $1,967. The second greatest value Lakeway apartment is the C01p Model at Alister Oak Hill starting at $2,088 with a $1.59 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Meritage at Steiner Ranch | B3A | 2BR,2BA | $1.42 |
Alister Oak Hill | C01p | 3BR,2BA | $1.59 |
The Verandah | Greenbriar - D | 2BR,2BA | $1.44 |
1102 Minnie Dr, Unit Duplex | 1102 Minnie Dr | 2BR,1BA | $1.42 |
Settler's Creek Apartments | 2x2A | 2BR,2BA | $1.28 |
Ellwood at Lake Travis | 2 Bedroom 1 Bath Renovated | 2BR,1BA | $1.61 |
Cardinal Point Apartments | A1 | 1BR,1BA | $1.35 |
Cortland River Place | River Place | 1BR,1BA | $1.49 |
Sonterra Apartment Homes | Serenity | 1BR,1BA | $1.52 |
Promesa | Tierra | 1BR,1BA | $1.48 |
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.
Frequently Asked Questions about Lakeway
What type of rentals are currently available in Lakeway?
There are currently 55 Apartments for Rent in Lakeway, TX with pricing that ranges from $625 to $14,004. There are also 212 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeway ranging from $1,422 to $25,000.
What is the current price range for Rental Homes in Lakeway?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeway ranges from $1,422 to $25,000 with an average monthly rent of $6,489.
How much are larger Three and Four Bedroom Rentals in Lakeway?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakeway range from $1,366 to $14,004, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $7,000. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $2,241.
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.

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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.