Cheap Apartments for Rent in the Lakeway Neighborhood of Austin, TX from $1,100 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lakeway area of Austin.

property at 523 Cutty Trail

523 Cutty Trail

LakewayTX78734

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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Showing Results 1-13, Page 1 of 1

Lakeway, Austin, TX Local Guide

Cheapest Available Lakeway Apartments for Rent

 

The cheapest available apartment rental in the Lakeway area of Austin, TX is a 1 Bed unit found at Berkshire Lakeway priced from $1,179. Avalon Hill Country has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,285. Here are the most affordable Lakeway apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Berkshire LakewayA11BR,1BA$1,179
Avalon Hill CountryA1-6271BR,1BA$1,285
Estates at Bee CaveA21BR,1BA$1,309
FalconheadA3P1BR,1BA$1,313
The Artesian at Bee CaveA1b1BR,1BA$1,472

Best Value Apartments for Rent in Lakeway, TX

As of April 05, 2025 the best value apartment in the Lakeway area is the $1.10 price per square foot 150 World of Tennis Sq Model at 150 World of Tennis Sq in the in the The Vistas at Lake Travis neighborhood starting from $2,495. The second greatest value Lakeway apartment is the Penthouse (CP3) Model at The Artesian at Bee Cave starting at $5,055 with a $2.55 price per square foot in the The Vistas at Lake Travis 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.
150 World of Tennis Sq150 World of Tennis Sq4BR,4BA$1.10
The Artesian at Bee CavePenthouse (CP3)3BR,2.5BA$2.55
BB Living Sweetwater Crossing4B Townhome4BR,3BA$2.04
Travis at the LakeC13BR,2BA$1.69
Avalon Townhomes at Bee CaveC13BR,2.5BA$1.83
FalconheadA2P1BR,1BA$1.90
Estates at Bee CaveA11BR,1BA$2.51
Berkshire LakewayA11BR,1BA$1.81
Avalon Hill CountryA1-6271BR,1BA$2.05

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Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

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Getting Around the Lakeway Neighborhood in Austin, TX

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

19 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lakeway Apartments

How much is rent for a Cheap One Bedroom Lakeway Apartment?

The lowest price for a Cheap One Bedroom Lakeway Apartment is $1,179 at Berkshire Lakeway.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lakeway is starting from $1,426 at Falconhead.

What is the most affordable Lakeway Three Bedroom Apartment?

The best deal on a cheap Lakeway Three Bedroom Apartment rental is at Falconhead and starts from $2,000.

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.

decorative image for The 10 Best Affordable Neighborhoods in Austin, TX article

The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.