Cheap Homes for Rent in Paloma Lake Neighborhood of Leander, TX from $1,500 (19 Rentals)

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

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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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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Showing Results 1-19, Page 1 of 1

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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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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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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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 Paloma Lake

What type of rentals are currently available in Paloma Lake?

There are currently 29 Apartments for Rent in Paloma Lake, TX with pricing that ranges from $794 to $3,998. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paloma Lake ranging from $1,595 to $4,000.

What is the current price range for Rental Homes in Paloma Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Paloma Lake ranges from $1,595 to $4,000 with an average monthly rent of $2,572.

How much are larger Three and Four Bedroom Rentals in Paloma Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Paloma Lake range from $907 to $3,998, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,999 and Four Bedroom Apartments start at $2,279.

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.