$4,700 Per Month
- 4 Beds
- 3.5 Baths
- 3,265 Sq Ft
- House for Rent
19614 Summit Glory Trail, Briarcliff, TX 78669
19614 Summit Glory Trail, Briarcliff, TX 78669
Frequently Asked Questions
How much does it cost to rent a home in Lakeway, TX?
The median rent for a home in Lakeway, TX is $2,968 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Lakeway, TX?
To comfortably afford the median rent in Lakeway, TX, a household needs to earn roughly $118,720 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,968 per month in Lakeway, TX, renters typically need to show $8,904 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lakeway, TX?
In Lakeway, TX, the price-to-rent ratio is 19.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lakeway, TX are best for renting a home?
The best neighborhood for renting in Lakeway, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Sweetwater, Apache Shores, Hamilton Pool, Highland Lake Estates and Steiner Ranch, each with its own character and price range.
