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Cheap Apartments for Rent in the Town Lake Neighborhood of Austin, TX from $700 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in the Town Lake area of Austin.
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Parker Heights
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1805 Haskell St
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1302 Parker Ln
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The Ladybird - 1033
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Residences at Saltillo
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The Arnold
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Berkshire Riverview
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Sentral East Austin
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Eastside Station
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The Breakers on the Lake
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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Eleven by Windsor
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SoCo on the Lake
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East Village Apartments
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Bell South Shore
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The Weaver
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Railyard
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Alexan Rivercrest
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1401 E 4th St
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1503 Willow St
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Lakeshore Pearl
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AMLI South Shore
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507 S 1st St
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SkyHouse Austin
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422 at the Lake
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AMLI Eastside
Town Lake, Austin, TX Local Guide
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How much does it cost to rent an apartment in Town Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Town Lake Studio Apartments | $2,058 | $800 | $7,715 |
Town Lake 1 Bedroom Apartments | $2,998 | $900 | $9,191 |
Town Lake 2 Bedroom Apartments | $3,981 | $1,100 | $10,000+ |
Town Lake 3 Bedroom Apartments | $7,358 | $775 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 43 rentals with your search options within a 1 mile radius of the Town Lake Neighborhood of Austin, TX.
See all Apartments in AustinExplore Austin
Town Lake, Austin, TX Local Guide
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Cheapest Available Town Lake Apartments for Rent
 The cheapest available apartment rental in the Town Lake area of Austin, TX is a Studio unit found at Parker Heights priced from $800. Talavera Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Town Lake apartments for rent in Austin, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Parker Heights | 1BR/1BA Studios | Studio,1BA | $800 |
Talavera Lofts | Saltillo/Cantera | Studio,1BA | $800 |
The Ladybird - 1033 | A2.b-50% | 1BR,1BA | $1,100 |
Residences at Saltillo | E1 - SMART | Studio,1BA | $1,102 |
The Arnold | E1 - AFFORDABLE | Studio,1BA | $1,190 |
SoCo on the Lake | 0B | Studio,1BA | $1,308 |
The Willows | PRELEASE NOW FOR 2025 wilA1 | Studio,1BA | $1,314 |
Eastside Station | S1B | Studio,1BA | $1,323 |
The Breakers on the Lake | S1 | Studio,1BA | $1,333 |
Sentral East Austin | S1 1630 | Studio,1BA | $1,345 |
Best Value Apartments for Rent in Town Lake, TX
As of March 02, 2025 the best value apartment in the Town Lake area is the $1.53 price per square foot Riviera Model at Talavera Lofts in the in the Town Lake neighborhood starting from $1,319. The second greatest value Town Lake apartment is the A1.j-80% Model at The Ladybird - 1033 starting at $1,809 with a $2.16 price per square foot in the Town Lake neighborhood. Here is today’s list of the best values for Town Lake apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Talavera Lofts | Riviera | 2BR,2BA | $1.53 |
The Ladybird - 1033 | A1.j-80% | 1BR,1BA | $2.16 |
Lakeshore Pearl | 1EA | 1BR,1BA | $2.23 |
Berkshire Riverview | A3D | 1BR,1BA | $2.42 |
South Congress Square | A1 | 1BR,1BA | $1.95 |
Crescent | A5a | 1BR,1BA | $2.55 |
Bell South Shore | A1C | 1BR,1BA | $2.71 |
SoCo on the Lake | 0B | Studio ,1BA | $2.50 |
The Willows | PRELEASE NOW FOR 2025 wilA1 | Studio ,1BA | $2.57 |
Parker Heights | 1BR/1BA Studios | Studio ,1BA | $2.00 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleTown Lake, Austin, TX
Ranked #42
Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
Our team works hard to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, including Town Lake, Austin, and the greater Austin area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Town Lake Apartments
What is the Cheapest Studio apartment in Town Lake?
Currently the most affordable Cheap Studio Apartment in Town Lake is at Parker Heights listed at $800.
How much is rent for a Cheap One Bedroom Town Lake Apartment?
The lowest price for a Cheap One Bedroom Town Lake Apartment is $900 at Parker Heights.
What is the lowest price for a Cheap Two Bedroom Town Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Town Lake is starting from $1,100 at Parker Heights.
What is the most affordable Town Lake Three Bedroom Apartment?
The best deal on a cheap Town Lake Three Bedroom Apartment rental is at Talavera Lofts and starts from $1,518.
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.