Cheap Apartments for Rent in the Town Lake Neighborhood of Austin, TX from $700 (43 Rentals)

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

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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property at 1401 E 4th St

1401 E 4th St

AustinTX78702
property at 1503 Willow St

1503 Willow St

AustinTX78702
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Chalmers Courts West
1 to 4 Bedroom Apartments

Chalmers Courts West

1604 E 3rd StAustin, TX 78702
  • Utilities Inc.
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The Willows
Studio to 2 Bedroom Apartments

The Willows

600 S 1st StAustin, TX 78704
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710 E 3rd St
Studio to 2 Bedroom Apartments

710 E 3rd St

710 E 3rd StAustin, TX 78701
Furnished
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The Beverly Austin
Studio to 2 Bedroom Apartments

The Beverly Austin

901 Red River StAustin, TX 78701
Showing Results 1-43, Page 1 of 1

Town Lake, Austin, TX Local Guide

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 ListingModel NameBed/BathPriced From
Parker Heights1BR/1BA StudiosStudio,1BA$800
Talavera LoftsSaltillo/CanteraStudio,1BA$800
The Ladybird - 1033A2.b-50%1BR,1BA$1,100
Residences at SaltilloE1 - SMARTStudio,1BA$1,102
The ArnoldE1 - AFFORDABLEStudio,1BA$1,190
SoCo on the Lake0BStudio,1BA$1,308
The WillowsPRELEASE NOW FOR 2025 wilA1Studio,1BA$1,314
Eastside StationS1BStudio,1BA$1,323
The Breakers on the LakeS1Studio,1BA$1,333
Sentral East AustinS1 1630Studio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Talavera LoftsRiviera2BR,2BA$1.53
The Ladybird - 1033A1.j-80%1BR,1BA$2.16
Lakeshore Pearl1EA1BR,1BA$2.23
Berkshire RiverviewA3D1BR,1BA$2.42
South Congress SquareA11BR,1BA$1.95
CrescentA5a1BR,1BA$2.55
Bell South ShoreA1C1BR,1BA$2.71
SoCo on the Lake0BStudio ,1BA$2.50
The WillowsPRELEASE NOW FOR 2025 wilA1Studio ,1BA$2.57
Parker Heights1BR/1BA StudiosStudio ,1BA$2.00

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Pet Friendly Lifestyle
Town Lake, Austin, TX

Ranked #42

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

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