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Rental Market Trends in Lakeway, TX

Updated July 2026

The average rent in Lakeway, TX is $1,457/month.

Rent in Lakeway is roughly equal to the national average rent of of $1,662/month.

$1,457/month

Average Rent

771 Sq Ft

Average Size

-6%

Change / Year

583

Available Apartments

Lakeway rent varies by unit size and layout:

  • Studio apartments in Lakeway average per month.
  • One-bedroom apartments in Lakeway average $1,457 per month.
  • Two-bedroom apartments in Lakeway average $1,974 per month.
  • Three-bedroom apartments in Lakeway average $2,610 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,457/month
771 Sq Ft
Two Bedroom
$1,974/month
1,251 Sq Ft
Three Bedroom
$2,610/month
1,539 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$3,241/month
2,195 Sq Ft
Four Bedroom
$5,832/month
3,711 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,436/month
1,463 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,690/month
1,106 Sq Ft
Three Bedroom
$2,421/month
1,643 Sq Ft
View Lakeway Apartments

How much has average rent changed in Lakeway, TX?

In the past year, rent has decreased by 6%, which averages out to $88 less per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lakeway, TX

July 2026
$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 $1,457, you’ll want to make about $4,856 per month or $58,272 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

583 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.

View the Lakeway Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Bee Cave

    Bee Cave

Apartment Communities in Lakeway We Think You'll Love

Estates at Bee Cave

Estates at Bee Cave

3544 Ranch Road 620 S,
Austin, TX 78738

1-3 Beds | $1,304 - $2,383

The Artesian at Bee Cave

The Artesian at Bee Cave

5511 Caprock Summit Dr,
Bee Cave, TX 78738

1-3 Beds | $1,575 - $3,900

Jovie Lakeway

Jovie Lakeway

50 Bella Toscana Ave,
Lakeway, TX 78734

Studio - 2 Beds | $2,205 - $4,234

Travis at the Lake

Travis at the Lake

2208 North FM 620,
Austin, TX 78734

1-3 Beds | $1,292 - $2,653

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Frequently Asked Questions

What is the average rent in Lakeway?

The average rent in Lakeway is $1,457 per month, which is 12.3% lower than the national average of $1,662.

What is the average rent for a house in Lakeway?

The average rent for a house in Lakeway, TX is $3,241 per month.

What is the average rent for a townhome in Lakeway?

The average rent for a townhome in Lakeway, TX is $1,690 per month.

Are rents going up or down in Lakeway?

Rents in Lakeway, TX are decreasing, with prices down 6.0% year-over-year and $88 less per month.

What rent range is most common in Lakeway?

In Lakeway, TX, 100% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity