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Lakeway, TX Townhomes for Rent

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  • /33

    $2,700 Per Month

    • 3 Beds
    • 2 Baths
    • 1,720 Sq Ft
    • Townhouse for Rent

    109 Aria Ridge Unit 905, Austin, TX 78738

    1 Month Free You won't want to miss this three-bed two-bath + office stunner conveniently located in a gated community in West Austin! Walking in, you'll be welcomed with an open concept, high ceilings, and tons of windows to bring in all the natural light. The kitchen has a direct view of the dining and living room, includes a breakfast bar and stainless steel appliances, and has plenty of

    Madison Barnhill 1836 Realty & Property Mgmt

    109 Aria Ridge Unit 905, Austin, TX 78738
  • /2

    $1,750

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Townhouse for Rent

    521 Cutty Trail A, Lakeway, TX 78734

    Light and bright. 3 bedroom, 2 bathrooms. Private backyard. One car garage. Tile floor throughout. Updated white kitchen with Stainless appliances.

    521 Cutty Trail A, Lakeway, TX 78734
  • /38

    $2,600 Per Month

    • 4 Beds
    • 4 Baths
    • Townhouse for Rent

    143 World of Tennis Square Unit D143, Lakeway, TX 78738

    Welcome to 143 World of Tennis Square, a tastefully updated 4 bedroom, 4 bathroom condo offering the perfect blend of comfort, flexibility, and low-maintenance living. Designed for both everyday enjoyment and effortless hosting, this residence features two spacious primary suites, ideal for multi-generational living, guests, or short-term rental use. The open-concept kitchen features a breakfast

    Kristen Balke Coldwell Banker Realty

    143 World of Tennis Square Unit D143, Lakeway, TX 78738

Frequently Asked Questions

How much does it cost to rent a townhouse in Lakeway, TX?
The median rent for a townhouse in Lakeway, TX is $2,200 per month, though prices vary by neighborhood, size, and property type. As of May 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 $111,000 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 $2,775 per month in Lakeway, TX, renters typically need to show $8,325 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 21.2, 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 townhouse?
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 townhouse include Sweetwater, Jester, Anderson Mill, Westover Hills and South Lamar, each with its own character and price range.

Rental Home Trends in Lakeway, TX

Rental Home Trends

Number of Townhouses for Rent
3
Median Townhouse Rent
$2,200
Median 2 Bedroom Townhouse Rent
$2,050
Median 3 Bedroom Townhouse Rent
$2,225
Median 4 Bedroom Townhouse Rent
$2,650
How to Rent a Home