Cheap Homes for Rent in Lakeway, TX from $775 (56 Rentals)

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

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 1106 Minnie Dr
$1,650

Total Monthly Price

Base Rent$1,650

Total Monthly Price$1,650
2 Bedroom, 2 Bath Home for Rent
Available Now
Affordability

1106 Minnie Dr

AustinTX78732

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.

property at 205 Venture Blvd S
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
3 Bedroom, 2 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

205 Venture Blvd S

Point VentureTX78645
property at 421 Fantail Loop
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
3 Bedroom, 2 Bath Home for Rent
Available Now
Affordability

421 Fantail Loop, Unit B

421 Fantail Loop
LakewayTX78734
property at 519 Cutty Trail
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
3 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

519 Cutty Trail, Unit B

519 Cutty Trail
LakewayTX78734

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.

property at 220 Sailmaster St
$1,950

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

Base Rent$1,995

Total Monthly Price$1,995
2 Bedroom, 2 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

17 Casa Verde St

LakewayTX78734

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.

property at 239 Venture Blvd S
$2,100

Total Monthly Price

Base Rent$2,100

Total Monthly Price$2,100
3 Bedroom, 2 Bath Townhome for Rent
Available Now
Luxury

239 Venture Blvd S

LeanderTX78645
property at 300 Venture Blvd S
$2,100

Total Monthly Price

Base Rent$2,100

Total Monthly Price$2,100
3 Bedroom, 2 Bath Home for Rent
Available Now

300 Venture Blvd S

Point VentureTX78645

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.

Lakeway, TX Local Guide

Best Value Homes for Rent in Lakeway, TX

As of September 19, 2026 the best value rental home in the Lakeway area is the $1.14 price per square foot 5308 Via Besso Dr Model at 5308 Via Besso Dr in the The Vistas at Lake Travis neighborhood starting from $4,100. The second greatest value Lakeway rental home is the 5301 Cypress Ranch Blvd Model at 5301 Cypress Ranch Blvd in the Far West Hays neighborhood starting at $3,345 with a $0.97 price per square foot. Here is today’s list of the best values for Lakeway homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
5308 Via Besso Dr5308 Via Besso Dr4BR, 5BA$1.14
5301 Cypress Ranch Blvd5301 Cypress Ranch Blvd5BR, 3BA$0.97
22140 Rose Grass Ln22140 Rose Grass Ln6BR, 4BA$1.12
Room in Duplex on S Meadowlark StRoom in Duplex on S Meadowlark St1BR, 1BA$0.30
405 S Meadowlark St, Unit B405 S Meadowlark St3BR, 2.5BA$1.20
519 Cutty Trail, Unit B519 Cutty Trail3BR, 2BA$0.88
125 Comanche Dr125 Comanche Dr3BR, 3BA$1.22
17 Casa Verde St17 Casa Verde St2BR, 2BA$1.12
239 Venture Blvd S239 Venture Blvd S3BR, 2BA$1.31
205 Venture Blvd S205 Venture Blvd S3BR, 2BA$1.22

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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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.

Read Article

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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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.

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

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Frequently Asked Questions about Lakeway

What type of rentals are currently available in Lakeway?

There are currently 60 Apartments for Rent in Lakeway, TX with pricing that ranges from $867 to $4,825. There are also 154 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeway ranging from $775 to $21,000.

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 $775 to $21,000 with an average monthly rent of $4,077.

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 $1,429 to $4,825, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $5,750. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $2,310.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.