Rentometer, Inc. | Data as of 10/22/2025
Lakeway, Texas, nestled along the scenic shores of Lake Travis, offers a vibrant blend of suburban comfort and resort‑style living. Residents enjoy easy access to waterfront recreation, upscale golf courses, and a charming downtown with boutique shops and acclaimed dining. The city’s highly rated schools, well‑maintained parks, and strong sense of community make it a sought‑after destination for families, professionals, and retirees alike, driving a dynamic and resilient rental market.
The rental landscape in Lakeway balances modern apartments and spacious single‑family homes. One‑bedroom apartments are generally available in the $1300s, while larger four‑plus‑bedroom units can command prices in the $5200 range. Mid‑size two‑ and three‑bedroom options typically fall between the $1800 and $3400 ranges, offering flexibility for renters seeking either compact convenience or extra living space. Apartment complexes range from contemporary high‑rise rentals to garden‑style communities, whereas houses provide private yards, attached garages, and upscale finishes that cater to a variety of lifestyle preferences.
Key neighborhoods such as Lakeway Shores, Shorecrest, and the Lakes at Creekside deliver distinct character and proximity to premier amenities, including boating docks, trail systems, and top‑rated schools. The city’s close connection to Austin’s tech corridor and a thriving local economy further enhance its appeal to renters looking for both leisure and professional opportunities. Whether you’re drawn by the tranquil lake views or the vibrant community events, Lakeway’s rental market offers a welcoming environment for a diverse range of tenants.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,355 | $1,373 | $1,179 - $1,478 | $1,271 - $1,477 |
| Apartment | 2 Bedroom | $1,835 | $1,752 | $1,154 - $2,400 | $1,495 - $2,119 |
| Apartment | 3 Bedroom | $2,408 | $2,342 | $1,645 - $3,200 | $2,100 - $2,800 |
| Apartment | 4+ Bedroom | $3,033 | $2,563 | $2,000 - $5,500 | $2,175 - $3,400 |
| House | 2 Bedroom | $2,903 | $3,100 | $1,775 - $3,900 | $1,795 - $3,750 |
| House | 3 Bedroom | $3,365 | $3,200 | $1,595 - $6,900 | $2,700 - $3,650 |
| House | 4+ Bedroom | $5,208 | $4,700 | $799 - $14,500 | $3,850 - $5,500 |
In the current period, the average rent in Lakeway was $1,356 for 1 Bedroom, $2,213 for 2 Bedroom, $3,156 for 3 Bedroom, and $4,334 for 4+ Bedroom.
Data provided by Rentometer, Inc.