Cheap Homes for Rent in Lakeway, TX from $1,500 (36 Rentals)

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property at 5600 Madrone

$1,550 - $2,595

1 To 3 Bedroom Rentals

Available Now

5600 Madrone

Bee CaveTX78738

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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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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property at 18800 Hogan Cir

$1,950

3 Bedroom, 2 Bath Townhome for Rent

Available Now

18800 Hogan Cir

Lago VistaTX78645

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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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 Studio unit found at Abelia Flats in the Northwest Austin neighborhood priced from $916. Sonterra Apartment Homes in the Northwest Austin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $921. Here is today’s list of the most affordable Lakeway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Abelia FlatsCHESTNUTStudio,1BA$916
Sonterra Apartment HomesVitality1BR,1BA$921
Bell Four PointsDecker1BR,1BA$974
The VerandahAzalea - A1BR,1BA$1,038
Cardinal Point ApartmentsA11BR,1BA$1,050
Landmark ConservancyA11BR,1BA$1,065
Paseo at Bee CaveBee Cave1BR,1BA$1,067
Settler's Creek Apartments2x2A2BR,2BA$1,080
PromesaTierra1BR,1BA$1,101
Alister Oak HillA011BR,1BA$1,116

Best Value Apartments for Rent in Lakeway, TX

As of January 05, 2026 the best value apartment in the Lakeway area is the $1.61 price per square foot C3 Model at Avalon Townhome Collection Bee Cave in the in the The Vistas at Lake Travis neighborhood starting from $2,733. The second greatest value Lakeway apartment is the C1 Model at Callista Hill Country Apartments starting at $1,830 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.
Avalon Townhome Collection Bee CaveC33BR,2.5BA$1.61
Callista Hill Country ApartmentsC13BR,2BA$1.40
Southwest TrailsB22BR,2BA$1.18
Cardinal Point ApartmentsB12BR,2BA$1.29
Settler's Creek Apartments2x12BR,1BA$1.22
Alister Oak HillA01 Renovated1BR,1BA$1.41
Nolina FlatsMAGELLAN1BR,1BA$1.58
Ellwood at Lake Travis1 Bedroom 1 Bath1BR,1BA$1.56
The VerandahAzalea - A1BR,1BA$1.43
Sonterra Apartment HomesSerenity1BR,1BA$1.33

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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!

Explore Lakeway, TX Rentals by Map

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See the most popular apartments and homes in Lakeway, TX

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Frequently Asked Questions about Lakeway

What type of rentals are currently available in Lakeway?

There are currently 59 Apartments for Rent in Lakeway, TX with pricing that ranges from $916 to $155,000. There are also 150 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeway ranging from $1,500 to $40,000.

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 $1,500 to $40,000 with an average monthly rent of $4,953.

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 $1,512 to $5,817, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $4,400. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,221.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!