
Cheap Homes for Rent in Town Lake Neighborhood of Austin, TX from $800 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Town Lake area of Austin.


1810 Newton St

1013 E 3rd St

500 E Riverside Dr

1304 Summit St

1401 Art Dilly Dr.

1202 Newning Ave

1303 E Cesar Chavez St

2020 S Congress Ave

810 E 9th St
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

1800 E 4th St

201 Academy Dr

513 Pecan Grove Rd, Unit 101

603 Davis St

54 Rainey St

1211 E 5th St.

106 Navasota St

300 W 3rd St

1000 E 5th St.

1138 Salina St

800 Brazos St
Town Lake, Austin, TX Local Guide

How much does it cost to rent a home in Town Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Town Lake 2 Bedroom Homes for Rent | $4,695 | $1,400 | $10,000+ |
Town Lake 3 Bedroom Homes for Rent | $5,502 | $800 | $10,000+ |
Town Lake 4 Bedroom Homes for Rent | $6,204 | $2,850 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the Town Lake Neighborhood of Austin, TX.
Explore Austin
Town Lake, Austin, TX Local Guide
- Nearby Austin neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $780. Pathways at Chalmers Courts West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Town Lake apartments for rent in Austin, TX:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Parker Heights Apartments | 1BR/1.0BA | 1BR,1BA | $780 |
Pathways at Chalmers Courts West | 1A | 1BR,1BA | $875 |
Talavera Lofts | Saltillo/Cantera | Studio,1BA | $1,035 |
The Arnold | E1 - AFFORDABLE | Studio,1BA | $1,099 |
The Ladybird - 1033 | A2.b-50% | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Town Lake, TX
As of March 23, 2025 the best value apartment in the Town Lake area is the $2.16 price per square foot A1.j-80% Model at The Ladybird in the in the Town Lake neighborhood starting from $1,809. The second greatest value Town Lake apartment is the A5c Model at Crescent starting at $1,767 with a $2.39 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. |
---|---|---|---|
The Ladybird | A1.j-80% | 1BR,1BA | $2.16 |
Crescent | A5c | 1BR,1BA | $2.39 |
Muse at SoCo | A2 | 1BR,1BA | $2.71 |
Pathways at Chalmers Courts West | 1A | 1BR,1BA | $1.28 |
The Beverly Austin | A2 | Studio ,1BA | $2.59 |
AMLI Eastside | A2 | 1BR,1BA | $2.64 |
Parker Heights Apartments | 1BR/1.0BA | 1BR,1BA | $1.27 |
Lakeshore Pearl | 1B | 1BR,1BA | $2.69 |
Talavera Lofts | Saltillo/Cantera | Studio ,1BA | $1.88 |
The Willows | PRELEASE NOW FOR SUMMER 2025 wilA1 | Studio ,1BA | $2.57 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Town Lake
What type of rentals are currently available in Town Lake?
There are currently 139 Apartments for Rent in Town Lake, TX with pricing that ranges from $780 to $19,364. There are also 89 Single Family Homes for rent, Condos, and Townhome rentals currently available in Town Lake ranging from $800 to $17,500.
What is the current price range for Rental Homes in Town Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Town Lake ranges from $800 to $17,500 with an average monthly rent of $4,081.
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.

The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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.

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.

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.