Cheap Homes for Rent in Paloma Lake Neighborhood of Leander, TX from $600 (20 Rentals)

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

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.

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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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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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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 2 Beds unit found at Hills at Leander, A 62+ Community priced from $899. Leander Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here are the most affordable Paloma Lake apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Hills at Leander, A 62+ CommunityThe Anderson (60% Income Restrictions Apply)2BR,2BA$899
Leander ParkA11BR,1BA$930
Trailside OaksA11BR,1BA$950
Merritt LegacyThe Windfall1BR,1BA$999
Park at Crystal FallsE11BR,1BA$1,015

Best Value Apartments for Rent in Paloma Lake, TX

As of July 04, 2026 the best value apartment in the Paloma Lake area is the $1.50 price per square foot B1 Model at Escalon Townhomes in the in the Paloma Lake neighborhood starting from $2,136. The second greatest value Paloma Lake apartment is the B2 Model at Aven Ridge starting at $1,644 with a $1.32 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.
Escalon TownhomesB13BR,2.5BA$1.50
Aven RidgeB22BR,2BA$1.32
The PowellBB - B12BR,2.5BA$1.43
22 North2 Bed/2 Bath2BR,2BA$1.51
The Standard at Leander StationA51BR,1BA$1.60
Hills at Leander, A 62+ CommunityThe Elizabeth1BR,1BA$1.24
The Sarah by ARIUMA31BR,1BA$1.48
Merritt LegacyThe Windfall1BR,1BA$1.30
The ConleyA41BR,1BA$1.51
Trailside OaksA21BR,1BA$1.48

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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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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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 30 Apartments for Rent in Paloma Lake, TX with pricing that ranges from $899 to $4,098. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paloma Lake ranging from $650 to $3,695.

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 $650 to $3,695 with an average monthly rent of $2,191.

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 $4,098, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,200. 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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