Cheap Apartments for Rent in the Town Lake Neighborhood of Austin, TX from $700 (39 Rentals)

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

property at 97 Anthony St

97 Anthony St

AustinTX78702

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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property at 1401 E 4th St

1401 E 4th St

AustinTX78702

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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The Willows
Studio to 2 Bedroom Apartments

The Willows

600 S 1st StAustin, TX 78704
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1300 Newning Ave
2 Bedroom Apartments

1300 Newning Ave

1300 Newning AveAustin, 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
Showing Results 1-39, 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 1 Bed unit found at Parker Heights Apartments priced from $900. Talavera Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $1,035. Here are the most affordable Town Lake apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Parker Heights Apartments1BR/1.0BA1BR,1BA$900
Talavera LoftsSaltillo/CanteraStudio,1BA$1,035
The ArnoldE1 - AFFORDABLEStudio,1BA$1,099
The Ladybird -1033A2.b-50%1BR,1BA$1,100
Berkshire RiverviewStudio 1Studio,1BA$1,251
The WillowsPRELEASE NOW FOR SUMMER 2025 wilA1Studio,1BA$1,314
Sentral East AustinEfficiency - Affordable 1630Studio,1BA$1,323
The Breakers on the LakeS1Studio,1BA$1,333
SoCo on the Lake1A1BR,1BA$1,333
The WeaverM1Studio,1BA$1,375

Best Value Apartments for Rent in Town Lake, TX

As of April 30, 2025 the best value apartment in the Town Lake area is the $1.91 price per square foot The Pecos Model at Villas on Sixth Apartment Homes in the in the Town Lake neighborhood starting from $1,750. 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.
Villas on Sixth Apartment HomesThe Pecos2BR,2BA$1.91
The Ladybird -1033A1.j-80%1BR,1BA$2.16
AMLI EastsideA3c1BR,1BA$2.54
Eleven by WindsorA31BR,1BA$2.43
The Beverly AustinA11BR,1BA$2.65
Parker Heights Apartments1BR/1.0BA1BR,1BA$1.47
Lakeshore Pearl1B1BR,1BA$2.69
Talavera LoftsSaltillo/CanteraStudio ,1BA$1.88
The WillowsPRELEASE NOW FOR SUMMER 2025 wilA1Studio ,1BA$2.57
The Breakers on the LakeS1Studio ,1BA$2.78

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Pet Friendly Lifestyle
Town Lake, Austin, TX

Ranked #48

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 Talavera Lofts listed at $1,035.

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 Apartments.

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 Apartments.

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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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.