Cheap Apartments for Rent in Lakeway, TX from $600 (33 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lakeway.

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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 Sonterra Apartment Homes in the Northwest Austin neighborhood priced from $941. The Verandah in the Northwest Austin neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here is today’s list of the most affordable Lakeway apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sonterra Apartment HomesSerenity1BR,1BA$941
The VerandahAzalea - A1BR,1BA$1,025
Ellwood at Lake Travis1 Bedroom 1 Bath Renovated1BR,1BA$1,058
Callista Hill Country ApartmentsA21BR,1BA$1,105
PromesaTierra1BR,1BA$1,111
Cardinal Point ApartmentsA11BR,1BA$1,124
Abelia FlatsCHESTNUTStudio,1BA$1,155
Alister Oak HillA011BR,1BA$1,171
Bell Four PointsDecker1BR,1BA$1,174
Paseo at Bee CaveBee Cave1BR,1BA$1,194

Best Value Apartments for Rent in Lakeway, TX

As of March 26, 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 C1 Model at Callista Hill Country Apartments starting at $1,875 with a $1.43 price per square foot in the Covered Bridge 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.
150 World of Tennis Sq150 World of Tennis Sq4BR,4BA$1.14
Callista Hill Country ApartmentsC13BR,2BA$1.43
Meritage at Steiner RanchB1A2BR,1BA$1.36
The VerandahGreenbriar - D2BR,2BA$1.47
3904 Hudson Bend Rd3904 Hudson Bend Rd2BR,1.5BA$1.12
3904 Hudson Bend Rd3904 Hudson Bend Rd2BR,1.5BA$1.12
Alister Oak HillB012BR,2BA$1.42
Settler's Creek Apartments2x12BR,1BA$1.44
Cardinal Point ApartmentsA11BR,1BA$1.35
Sonterra Apartment HomesSerenity1BR,1BA$1.36

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Pet Friendly Lifestyle
Lakeway, TX

Ranked #186

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 $1,155.

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 The Verandah and starts from $1,515.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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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.

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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.