
Cheap Homes for Rent in Town Lake Neighborhood of Austin, TX from $1,200 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Town Lake area of Austin.


1013 E 3rd St

1304 Summit St

1800 E 4th St

2020 S Congress Ave

1401 Art Dilly Dr.

810 E 9th St

201 Academy Dr

1200 E 11th St

1303 E Cesar Chavez St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

513 Pecan Grove Rd, Unit 109

603 Davis St

54 Rainey St

1500 East Side Dr

500 E Riverside Dr

106 Navasota St

1503 Brackenridge St

300 W 3rd St

507 Sabine St

800 Brazos 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

1310 Garden 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 | $4,243 | $1,400 | $10,000+ |
Town Lake 3 Bedroom Homes for Rent | $6,262 | $1,860 | $10,000+ |
Town Lake 4 Bedroom Homes for Rent | $6,124 | $4,500 | $8,500 |
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.
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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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Parker Heights Apartments | 1BR/1.0BA | 1BR,1BA | $900 |
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 |
Residences at Saltillo | E1 - SMART | Studio,1BA | $1,102 |
Best Value Apartments for Rent in Town Lake, TX
As of April 23, 2025 the best value apartment in the Town Lake area is the $2.00 price per square foot B1 Model at Eleven by Windsor in the in the Town Lake neighborhood starting from $2,044. 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. |
---|---|---|---|
Eleven by Windsor | B1 | 2BR,2BA | $2.00 |
The Ladybird -1033 | A1.j-80% | 1BR,1BA | $2.16 |
AMLI Eastside | A3c | 1BR,1BA | $2.50 |
The Beverly Austin | A1 | 1BR,1BA | $2.25 |
Parker Heights Apartments | 1BR/1.0BA | 1BR,1BA | $1.47 |
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 |
SoCo on the Lake | 0A | Studio ,1BA | $2.70 |
The Breakers on the Lake | S1 | Studio ,1BA | $2.78 |
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Frequently Asked Questions about Town Lake
What type of rentals are currently available in Town Lake?
There are currently 142 Apartments for Rent in Town Lake, TX with pricing that ranges from $702 to $19,364. There are also 84 Single Family Homes for rent, Condos, and Townhome rentals currently available in Town Lake ranging from $1,250 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 $1,250 to $17,500 with an average monthly rent of $4,143.
How much are larger Three and Four Bedroom Rentals in Town Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Town Lake range from $900 to $19,364, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,860 to $11,500. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $3,100.
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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.