2-Bedroom Apartment Rent in Lakeway, TX
Median asking rent for a 2-bedroom apartment in Lakeway, Texas as of July 2026. That's +11% lower than the citywide median of $2,783 and +50% above the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Lakeway
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Lakeway
Compare Lakeway's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Texas
Most expensive cities for a 2-bedroom in Texas
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | University Park | $2,830 |
| 2 | Argyle | $2,830 |
| 3 | Flower Mound | $2,765 |
| 4 | Prosper | $2,670 |
| 5 | Little Elm | $2,630 |
| 6 | Aledo | $2,560 |
| 7 | Justin | $2,500 |
| 8 | Lakeway (this page) | $2,490 |
| 9 | Lavon | $2,470 |
| 10 | Royse City | $2,380 |
| 11 | Haslet | $2,370 |
| 12 | Celina | $2,340 |
| 13 | Grapevine | $2,300 |
| 14 | Fresno | $2,290 |
| 15 | Bellaire | $2,290 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Lakeway.
| City | Distance | 2-Bedroom rent | vs Lakeway |
|---|---|---|---|
| Lago Vista, TX | 5.1 mi | $1,880 | $-610 (-24%) |
| Spicewood, TX | 11.7 mi | $1,740 | $-750 (-30%) |
| Cedar Park, TX | 12.3 mi | $2,060 | $-430 (-17%) |
| Leander, TX | 13 mi | $2,260 | $-230 (-9%) |
| Dripping Springs, TX | 16.6 mi | $1,860 | $-630 (-25%) |
| Liberty Hill, TX | 21.5 mi | $1,740 | $-750 (-30%) |
| Round Rock, TX | 21.7 mi | $2,067 | $-423 (-17%) |
| Buda, TX | 22.1 mi | $1,960 | $-530 (-21%) |
| Marble Falls, TX | 22.6 mi | $1,740 | $-750 (-30%) |
| Pflugerville, TX | 24.9 mi | $2,070 | $-420 (-17%) |
| Georgetown, TX | 26.8 mi | $1,543 | $-947 (-38%) |
| Wimberley, TX | 27.2 mi | $1,630 | $-860 (-35%) |
2-Bedroom rent in Lakeway — common questions
How much is a 2-bedroom apartment in Lakeway?
As of July 2026, the median 2-bedroom apartment rent in Lakeway, Texas is $2,490 per month. This is +11% below the citywide median of $2,783.
What income do you need to afford a 2-bedroom in Lakeway?
Using the standard 30% rent-to-income rule, you would need an annual income of about $99,600 ($8,300/month gross), which works out to roughly $47.88/hour at a full-time job.
Is Lakeway expensive for a 2-bedroom compared to the rest of the US?
Lakeway's 2-bedroom median of $2,490 is +50% above the national 2-bedroom median of $1,655. It ranks in the 85th percentile of US cities tracked.
How does Lakeway rank for 2-bedroom rent in Texas?
Among the 262 cities in Texas with 2-bedroom data, Lakeway ranks #255 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Lakeway?
Yes — nearby cities with cheaper 2-bedroom rents include Lago Vista ($1,880), Spicewood ($1,740), Cedar Park ($2,060).