Average Rent in Lakeway, TX
Apartments & Houses by Size
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Lakeway, Texas offers a vibrant rental market that blends the charm of a lakeside community with easy access to the dynamic Houston‑Austin corridor. Prospective renters enjoy a mix of modern apartments and spacious single‑family homes, many of which overlook the scenic waters of Lake Travis or sit near the rolling hills of the Texas Hill Country. Popular neighborhoods such as Lakeway Shores and Rough Hollow provide convenient proximity to upscale dining, boutique shopping, and the renowned Lakeway Resort and Spa, making the area especially appealing to professionals and families seeking a balanced lifestyle.
Apartment options in Lakeway cater to a range of needs, with one‑bedroom units typically priced in the $1500s and larger two‑ and three‑bedroom layouts reaching the $1900‑$2400 range. Premium four‑plus bedroom apartments command higher rates, often exceeding $3000, reflecting the community’s high‑quality amenities and desirable locations near waterfront parks and golf courses. For those preferring a standalone residence, rental houses generally start in the $3000s for two‑bedroom homes and rise to the $3300‑$5000 range for larger three‑ and four‑plus bedroom properties, offering spacious layouts, private yards, and scenic views.
Beyond housing, Lakeway’s appeal is enhanced by its outdoor recreation opportunities, including boating on Lake Travis, hiking trails in the surrounding Hill Country, and family‑friendly events at Lakeway Community Center. The city’s strong school district and low‑traffic commuter routes to Austin make it a strategic choice for renters seeking both convenience and a high quality of life in Central Texas.
Lakeway Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,705 | $1,461 | $1,053 – $2,397 | $1,411 – $2,207 |
| Apartment | 2 Bedroom | $2,078 | $1,887 | $1,154 – $3,586 | $1,745 – $2,212 |
| Apartment | 3 Bedroom | $2,160 | $2,176 | $1,995 – $2,295 | $2,150 – $2,295 |
| House | 2 Bedroom | $2,842 | $2,847 | $1,775 – $3,900 | $1,795 – $3,900 |
| House | 3 Bedroom | $3,161 | $2,995 | $500 – $4,975 | $2,700 – $3,700 |
| House | 4+ Bedroom | $5,162 | $4,800 | $799 – $14,500 | $3,800 – $5,800 |
Current rent in Lakeway (all property types): 1 Bedroom $1,706, 2 Bedroom $2,384, 3 Bedroom $3,084, 4+ Bedroom $4,513.
Note: This analysis includes only bedroom types with sufficient data.
Map of City of Lakeway
Outlined area shows the city boundary. Shaded regions show where rentals cluster.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
If you cite, share, or republish data from this report, please credit Rentometer.