Average Rent in Lakeway, TX

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Current Versus Historical Lakeway, TX Rents

Lakeway rentals average $3,500 for a 3-bedroom rental to $3,900 for a 4-bedroom rental. The median price of all currently available listings is $3,575, or roughly $16 per square feet.
For the apartment units and housing in September 2026, median rents have been roughly unchanged over the last year. 1-bedroom rentals prices have increased by $0 (0.00%) year-over-year from $3,300 to $3,300. 3-bedroom rentals prices have decreased by $161 (-4.57%) year-over-year from $3,515 to $3,355. 4-bedroom rentals prices have decreased by $148 (-3.64%) year-over-year from $4,048 to $3,900. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. 1-bedroom rents have gone down by 0.00% this month. 3-bedroom rents have gone down by 7.50% this month. 4-bedroom rents have gone down by 27.10% this month.
Beds
Price / Sqft
Sep 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
3 BR $16.49 $3,355 $3,515 (-4.57%) $2,550 (31.55%)
4+ BR $14.89 $3,900 $4,048 (-3.64%) $3,658 (6.61%)

Historical Rents in Lakeway, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Lakeway

There are a total of 2 cities nearby Lakeway. The average rent in Lakeway is currently $2,550 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Lago Vista, TX, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Lakeway, TX is Lakeway, TX. Monthly rents here are on average $3,000 per month.

Let's compare Lakeway, TX's rent against other top cities nearby by bedroom size. Rent for three bedrooms are about 26.44% more expensive than other cities nearby. Want more information? Check out the top 2 cities near Lakeway, TX in the following table.
City Studio 1 Bed 2 Bed All
Lago Vista, TX N/A $1,325 $1,100 $2,100
Lakeway, TX N/A $981 $1,943 $3,000

Top Neighborhoods Near Lakeway

There are a total of 1 neighborhoods in or near Lakeway. One neighborhood in the area is East Oak Hill. We've included all of these top 1 neighborhoods in or near Lakeway, TX in the following table.

The average rent for these 1 neighborhoods in or near Lakeway, TX is currently around $1,650 per month. A total of one neighborhood has a lower average rent. Interestingly, the neighborhoods' average rent is less than Lakeway's average rent, which is actually $3,575. Out of all the neighborhoods in or near Lakeway, East Oak Hill has the most affordable average rent at $1,650 per month. Whereas, at $1,650 average rent per month, East Oak Hill is the most expensive neighborhood in or near Lakeway. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
East Oak Hill, Austin, TX $1,210 $1,438 $1,645 $1,650

Top Counties Near Lakeway

There are a total of 2 counties located by Lakeway, TX. Some of these counties include Northwest Travis, TX and Southwest Travis, TX. The average rent for rentals in these counties is $2,376. That's roughly around $18 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Northwest Travis, TX. Its average rent per month is $1,990. Vice versa, with an average rent of $2,762, Southwest Travis, TX is the most expensive county by Lakeway, TX.

We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Northwest Travis, TX $1,563 $1,260 $1,529 $1,990
Southwest Travis, TX N/A $1,727 $1,861 $2,762

Top Zipcodes Near Lakeway

There are a total of 4 zipcodes in or near Lakeway, TX. The average rent for all of these zipcodes is $1,837. A total of 4 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 78726, Austin, TX at $1,598 per month. In comparison, the zipcode with the most expensive average rent of $3,300 per month is 78738, Bee Cave, TX.

Studios in these zipcodes have an average rent of $503. That's at least $12 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Lakeway, TX is $1,400 per month. Or in other words, $22 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,751 per month. Which comes out to $18 per sqft. The following table includes the top 4 zipcodes in Lakeway, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
78738, Bee Cave, TX N/A $1,423 $2,172 $3,300
78736, Southwest Travis, TX N/A $1,378 $1,676 $1,861
78735, Barton Creek, TX $1,240 $1,558 $1,825 $1,812
78726, Austin, TX $1,005 $1,267 $1,424 $1,598

Frequently Asked Questions - Lakeway Average Rents

What is the average rent price in Lakeway, TX?
The average monthly rental price for Lakeway, TX apartments for rent is approximately $3,575. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Lakeway, TX rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Lakeway, TX.
How have rent prices in Lakeway, TX changed this year?
Rent prices for rentals in Lakeway, TX can fluctuate yearly. Specifically, one bedroom rental prices have changed by 0.00%, three bedroom rental prices have changed by -0.05% year-over-year.
What is a reasonable rent price in Lakeway, TX?
A reasonable rent price in Lakeway, TX is around $2,860/month. You can search for these reasonably priced rental listings on RentHop.