
Cheap Apartments for Rent in Lakeway, TX from $600 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Lakeway.


2013 Ranch Rd 620 S

Vista Bella

Southwest Trails

Sonterra Apartment Homes

Callista Hill Country Apartments

The Verandah

Ellwood at Lake Travis

Promesa

Cardinal Point Apartments

Travis at the Lake

Abelia Flats

Cortland River Place

Alister Oak Hill

Bell Four Points

Estates at Bee Cave

Landmark Conservancy

The Hudson on Lake Travis (WATERFRONT!)

Tacara Steiner Ranch

Nolina Flats

Settler's Creek Apartments

AMLI Covered Bridge

Lantana Hills

Meritage at Steiner Ranch

The Artesian at Bee Cave

Hudson Miramont

3544 S Farm to Market 620 Rd

3904 Hudson Bend Rd

3499 Ranch Rd 620 S

15102 Iowa St
Lakeway, TX Local Guide

How much does it cost to rent an apartment in Lakeway?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Lakeway Studio Apartments | $1,288 | $1,155 | $1,444 |
Cheap Lakeway 1 Bedroom Apartments | $1,550 | $625 | $4,342 |
Cheap Lakeway 2 Bedroom Apartments | $1,876 | $755 | $4,107 |
Cheap Lakeway 3 Bedroom Apartments | $2,588 | $1,238 | $7,888 |
Cheap Lakeway 4 Bedroom Apartments | $2,736 | $2,240 | $4,012 |
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Lakeway, TX Local Guide
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Cheapest Available Lakeway Apartments for Rent
 The cheapest available apartment rental in Lakeway, TX is a 1 Bed unit found at Sonterra Apartment Homes in the Northwest Austin neighborhood priced from $941. Callista Hill Country Apartments in the Covered Bridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Lakeway apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sonterra Apartment Homes | Serenity | 1BR,1BA | $941 |
Callista Hill Country Apartments | A1 | 1BR,1BA | $995 |
The Verandah | Azalea - A | 1BR,1BA | $1,025 |
Ellwood at Lake Travis | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $1,058 |
Promesa | Tierra | 1BR,1BA | $1,111 |
Cardinal Point Apartments | A1 | 1BR,1BA | $1,124 |
Abelia Flats | CHESTNUT | Studio,1BA | $1,155 |
Alister Oak Hill | A01 | 1BR,1BA | $1,171 |
Cortland River Place | River Place | 1BR,1BA | $1,171 |
Bell Four Points | Decker | 1BR,1BA | $1,174 |
Best Value Apartments for Rent in Lakeway, TX
As of March 23, 2025 the best value apartment in the Lakeway area is the $1.14 price per square foot 150 World of Tennis Sq Model at 150 World of Tennis Sq in the in the The Vistas at Lake Travis neighborhood starting from $2,595. The second greatest value Lakeway apartment is the B2A Model at Meritage at Steiner Ranch starting at $2,043 with a $1.62 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
150 World of Tennis Sq | 150 World of Tennis Sq | 4BR,4BA | $1.14 |
Meritage at Steiner Ranch | B2A | 2BR,2BA | $1.62 |
The Verandah | Greenbriar - D | 2BR,2BA | $1.47 |
Alister Oak Hill | B02 Renovated | 2BR,2BA | $1.59 |
Settler's Creek Apartments | 2x1 | 2BR,1BA | $1.44 |
Sonterra Apartment Homes | Celestial | 2BR,1BA | $1.38 |
Cardinal Point Apartments | A1 | 1BR,1BA | $1.35 |
Cortland River Place | River Place | 1BR,1BA | $1.63 |
Callista Hill Country Apartments | A1 | 1BR,1BA | $1.45 |
Ellwood at Lake Travis | 1 Bedroom 1 Bath Renovated | 1BR,1BA | $1.64 |
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Pet Friendly LifestyleLakeway, TX
Ranked #186
Among cities in Texas for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 $1,155.
How much is rent for a Cheap One Bedroom Lakeway Apartment?
The lowest price for a Cheap One Bedroom Lakeway Apartment is $941 at Sonterra Apartment Homes.
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 $1,222 at The Verandah.
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.

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.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.