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 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
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Summit
2 Bedroom Apartments

Summit

2617 Crosswind DrSpicewood, TX 78669

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

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 Estates at Bee Cave priced from $1,235. The Artesian at Bee Cave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,317. Here are the most affordable Lakeway apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Estates at Bee CaveA21BR,1BA$1,235
The Artesian at Bee CaveA1a1BR,1BA$1,317
CieloA31BR,1BA$1,357
Berkshire LakewayA21BR,1BA$1,365
Travis at the LakeA51BR,1BA$1,766

Best Value Apartments for Rent in Lakeway, TX

As of March 04, 2025 the best value apartment in the Lakeway area is the $1.14 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 $2,595. The second greatest value Lakeway apartment is the 18401 Rio Chama Ln Model at 18401 Rio Chama Ln starting at $2,995 with a $1.62 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$1.14
18401 Rio Chama Ln18401 Rio Chama Ln4BR,2BA$1.62
The Artesian at Bee CaveC2a3BR,2BA$2.28
Avalon Townhomes at Bee CaveC13BR,2.5BA$1.76
Travis at the LakeA51BR,1BA$1.92
FalconheadA3L1BR,1BA$1.89
Berkshire LakewayA21BR,1BA$1.88
Estates at Bee CaveA11BR,1BA$1.74
CieloA21BR,1BA$2.19

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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

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 $1,235 at Estates at Bee Cave.

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 $1,403 at Cielo.

What is the most affordable Lakeway Three Bedroom Apartment?

The best deal on a cheap Lakeway Three Bedroom Apartment rental is at Cielo and starts from $1,969.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.