Cheap Homes for Rent in the Paloma Lake Neighborhood of Leander, TX from $500 (22 Rentals)

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

Austin's Best Affordable Neighborhoods

Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

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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.

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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.

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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 Leander Park Apartments priced from $893. Merritt Legacy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Paloma Lake apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Leander Park ApartmentsA11BR,1BA$893
Merritt LegacyThe Windfall1BR,1BA$999
Trailside OaksA21BR,1BA$1,045
The SouthbrookE11BR,1BA$1,045
Park at Crystal FallsA11BR,1BA$1,050

Best Value Apartments for Rent in Paloma Lake, TX

As of August 18, 2026 the best value apartment in the Paloma Lake area is the $1.75 price per square foot R154 Model at Arista San Gabriel in the in the Paloma Lake neighborhood starting from $2,824. The second greatest value Paloma Lake apartment is the B1 Model at Escalon Townhomes starting at $2,138 with a $1.50 price per square foot in the Paloma Lake 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.
Arista San GabrielR1543BR,2.5BA$1.75
Escalon TownhomesB13BR,2.5BA$1.50
The Sarah by ARIUMB32BR,2BA$1.42
The PowellGH - B12BR,2.5BA$1.57
River JunctionB12BR,2BA$1.56
Hills at Leander, A 62+ CommunityThe Anderson2BR,2BA$1.63
22 North2 Bed/1 Bath2BR,1BA$1.52
The Standard at Leander StationA51BR,1BA$1.60
Merritt LegacyThe Windfall1BR,1BA$1.30
Aven RidgeA11BR,1BA$1.45

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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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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Best Local Schools in
Paloma Lake, Leander, TX

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Frequently Asked Questions about Paloma Lake

What type of rentals are currently available in Paloma Lake?

There are currently 30 Apartments for Rent in Paloma Lake, TX with pricing that ranges from $926 to $3,991. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paloma Lake ranging from $595 to $3,400.

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 $595 to $3,400 with an average monthly rent of $2,395.

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 $1,500 to $3,991, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,875 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $2,369.

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.

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