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Rental Market Trends in Lakeway, TX

What is the average rent in Lakeway, TX?

$1,611/month

Average Rent

771 Sq Ft

Average Apartment Size

+12.2%

Increase in the Last Year

As of July 2025, the average rent in Lakeway, TX is $1,611 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Lakeway rent prices are 2% lower than the national average. When you rent an apartment in Lakeway, you can expect to pay about per month for a studio, $1,611 for a one-bedroom apartment, and around $1,974 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,459 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,611/month
771 Sq Ft
Two Bedroom
$1,974/month
1,251 Sq Ft
Three Bedroom
$2,459/month
1,539 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,289/month
1,164 Sq Ft
Three Bedroom
$3,276/month
2,236 Sq Ft
Four Bedroom
$5,469/month
3,424 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,328/month
1,052 Sq Ft
Three Bedroom
$2,871/month
1,895 Sq Ft
Four Bedroom
$3,621/month
2,150 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,786/month
1,226 Sq Ft
Three Bedroom
$2,535/month
1,535 Sq Ft

How much has average rent changed in Lakeway, TX?

In the past year, rent has increased by 12.2%, which averages out to $197 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Lakeway, TX
Last Updated July 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Lakeway, TX
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
100% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Lakeway, TX?

Because the average rent in Lakeway is $1,611, you’ll want to make about $5,370 per month or $64,440 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lakeway, TX

493 Available Apartments for Rent

Search for Nearby Apartments

How does Lakeway, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Lakeway, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Lakeway, TX

Apartment Averages

Nearby City Rent Trends

  • Bee Cave Average Rent
  • Lago Vista Average Rent

Apartment communities in Lakeway we think you'll love

The Artesian at Bee Cave

The Artesian at Bee Cave

5511 Caprock Summit Dr,
Bee Cave, TX 78738

1-3 Beds | $1,835 - $4,425

Falconhead

Falconhead

3400 Ranch Road 620 S,
Austin, TX 78738

1-3 Beds | $1,324 - $2,637

Estates at Bee Cave

Estates at Bee Cave

3544 Ranch Road 620 S,
Austin, TX 78738

1-3 Beds | $1,273 - $4,091

Avalon Hill Country

Avalon Hill Country

3499 Ranch Rd 620 S,
Austin, TX 78738

1-3 Beds | $1,170 - $2,462

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United States Texas Lakeway Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity