Cheap Apartments for Rent in Lakeway, TX from $600 (32 Rentals)

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Cheap Apartments in Lakeway.

property at 523 Cutty Trail

523 Cutty Trail

LakewayTX78734

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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Showing Results 1-32, Page 1 of 1

Lakeway, TX Local Guide

Cheapest Available Lakeway Apartments for Rent

 

The cheapest available apartment rental in Lakeway, TX is a 1 Bed unit found at The Verandah in the Northwest Austin neighborhood priced from $980. Abelia Flats in the Northwest Austin neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,019. Here is today’s list of the most affordable Lakeway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The VerandahAzalea - A1BR,1BA$980
Abelia FlatsCHESTNUTStudio,1BA$1,019
Ellwood at Lake Travis1 Bedroom 1 Bath1BR,1BA$1,020
Bell Four PointsDecker1BR,1BA$1,044
Landmark ConservancyA11BR,1BA$1,071
Sonterra Apartment HomesBeauty1BR,1BA$1,083
Nolina FlatsCOLUMBUS1BR,1BA$1,104
PromesaTierra1BR,1BA$1,111
Cardinal Point ApartmentsA11BR,1BA$1,124
Alister Oak HillA011BR,1BA$1,149

Best Value Apartments for Rent in Lakeway, TX

As of May 04, 2025 the best value apartment in the Lakeway area is the $1.47 price per square foot C1 Model at Callista Hill Country Apartments in the in the Covered Bridge neighborhood starting from $1,930. The second greatest value Lakeway apartment is the B1A Model at Meritage at Steiner Ranch starting at $1,636 with a $1.36 price per square foot in the Northwest Austin neighborhood. Here is today’s list of the best values for Lakeway apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Callista Hill Country ApartmentsC13BR,2BA$1.47
Meritage at Steiner RanchB1A2BR,1BA$1.36
The VerandahGreenbriar - D2BR,2BA$1.44
Settler's Creek Apartments2x2A2BR,2BA$1.08
Alister Oak HillB02 Renovated2BR,2BA$1.46
Ellwood at Lake Travis2 Bedroom 1 Bath Renovated2BR,1BA$1.48
Cardinal Point ApartmentsA11BR,1BA$1.35
Nolina FlatsMAGELLAN1BR,1BA$1.53
Cortland River PlaceRiver Place1BR,1BA$1.61
Sonterra Apartment HomesSerenity1BR,1BA$1.60

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Pet Friendly Lifestyle
Lakeway, TX

Ranked #210

Among cities in Texas for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lakeway, TX Rentals by Map

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See the most popular apartments and homes in Lakeway, TX

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Getting Around Lakeway, TX

Walk Score®

36 / 100

Car-Dependent

Most errands require a car

Bike Score®

21 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lakeway Apartments

What is the Cheapest Studio apartment in Lakeway?

Currently the most affordable Cheap Studio Apartment in Lakeway is at Abelia Flats listed at $1,019.

How much is rent for a Cheap One Bedroom Lakeway Apartment?

The lowest price for a Cheap One Bedroom Lakeway Apartment is $980 at The Verandah.

What is the lowest price for a Cheap Two Bedroom Lakeway Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakeway is starting from $1,067 at Abelia Flats.

What is the most affordable Lakeway Three Bedroom Apartment?

The best deal on a cheap Lakeway Three Bedroom Apartment rental is at Cardinal Point Apartments and starts from $1,480.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.