Cheap Apartments for Rent in the Paloma Lake Neighborhood of Leander, TX from $700 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Paloma Lake area of Leander.

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Paloma Lake, Leander, TX Local Guide

Cheapest Available Paloma Lake Apartments for Rent

 

The cheapest available apartment rental in the Paloma Lake area of Austin, TX is a 1 Bed unit found at Trailside Oaks Apartments priced from $899. Hills at Leander, A 62+ Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Paloma Lake apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Trailside Oaks ApartmentsA11BR,1BA$899
Hills at Leander, A 62+ CommunityThe Elizabeth (60% Income Restrictions Apply)1BR,1BA$899
Merritt LegacyThe Bequest3BR,2BA$907
Leander ParkA11BR,1BA$960
Aven RidgeA11BR,1BA$967

Best Value Apartments for Rent in Paloma Lake, TX

As of November 17, 2025 the best value apartment in the Paloma Lake area is the $1.53 price per square foot A2 Model at Escalon Townhomes in the in the Paloma Lake neighborhood starting from $2,400. The second greatest value Paloma Lake apartment is the The Extravaganza Model at Merritt Legacy starting at $1,700 with a $1.22 price per square foot in the The Fairways At Crystal Falls neighborhood. Here is today’s list of the best values for Paloma Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Escalon TownhomesA23BR,2.5BA$1.53
Merritt LegacyThe Extravaganza3BR,2BA$1.22
Montierra Ranch3 bed Suite3BR,2BA$1.33
Horseshoe ApartmentsTwo bedroom2BR,2BA$1.53
Hills at Leander, A 62+ CommunityThe Hampton (Market)1BR,1BA$1.25
River JunctionA21BR,1BA$1.61
Aven RidgeA11BR,1BA$1.31
The ConleyA41BR,1BA$1.46
The SouthbrookA11BR,1BA$1.62
Trailside Oaks ApartmentsA21BR,1BA$1.59

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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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Paloma Lake, Leander, TX

Ranked #3

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Paloma Lake, Leander, TX

School data provided by Great Schools

Frequently Asked Questions about Cheap Paloma Lake Apartments

What is the Cheapest Studio apartment in Paloma Lake?

Currently the most affordable Cheap Studio Apartment in Paloma Lake is at Broadstone Bryson listed at $1,044.

How much is rent for a Cheap One Bedroom Paloma Lake Apartment?

The lowest price for a Cheap One Bedroom Paloma Lake Apartment is $899 at Trailside Oaks Apartments.

What is the lowest price for a Cheap Two Bedroom Paloma Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Paloma Lake is starting from $999 at Hills at Leander, A 62+ Community.

What is the most affordable Paloma Lake Three Bedroom Apartment?

The best deal on a cheap Paloma Lake Three Bedroom Apartment rental is at Merritt Legacy and starts from $907.

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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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.