Cheap Apartments for Rent in the Lakeway Neighborhood of Austin, TX from $1,100 (11 Rentals)

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

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The Jovie Lakeway
Studio to 2 Bedroom Apartments

The Jovie Lakeway

1931 Lohmans Crossing RdLakeway, TX 78734
Senior Living
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Rough Hollow
3 Bedroom Apartments

Rough Hollow

206 Fairdale CvLakeway, TX 78738

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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Summit
2 Bedroom Apartments

Summit

2617 Crosswind DrSpicewood, TX 78669

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 $1,208. Estates at Bee Cave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,224. Here are the most affordable Lakeway apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Berkshire LakewayA21BR,1BA$1,208
Estates at Bee CaveA11BR,1BA$1,224
Travis at the LakeA1BR,1BA$1,284
FalconheadA3P1BR,1BA$1,415
Avalon Hill CountryA20-7641BR,1BA$1,470

Best Value Apartments for Rent in Lakeway, TX

As of April 29, 2025 the best value apartment in the Lakeway area is the $2.55 price per square foot Penthouse (CP3) Model at The Artesian at Bee Cave in the in the The Vistas at Lake Travis neighborhood starting from $5,055. The second greatest value Lakeway apartment is the D1 Model at Avalon Townhomes at Bee Cave starting at $3,165 with a $1.70 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.
The Artesian at Bee CavePenthouse (CP3)3BR,2.5BA$2.55
Avalon Townhomes at Bee CaveD14BR,2.5BA$1.70
BB Living Sweetwater Crossing3A Townhome3BR,2.5BA$1.83
Berkshire LakewayA6 T1BR,1BA$1.94
FalconheadA3P1BR,1BA$1.79
Avalon Hill CountryA20-7641BR,1BA$1.92
Estates at Bee CaveA11BR,1BA$1.72
Travis at the LakeA1BR,1BA$2.24

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Pet Friendly Lifestyle
Lakeway, Austin, TX

Ranked #152

Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

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 $1,208 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 $1,570 at Falconhead.

What is the most affordable Lakeway Three Bedroom Apartment?

The best deal on a cheap Lakeway Three Bedroom Apartment rental is at Estates at Bee Cave and starts from $2,106.

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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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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.