Studio Rent · August 2026

Studio Apartment Rent in Lakeway, TX

$1,980/mo

Median asking rent for a studio apartment in Lakeway, Texas as of August 2026. That's +26% lower than the citywide median of $2,680 and +53% above the national studio median of $1,290.

Studio median
$1,980
August 2026
vs city overall
-26%
$2,680 city median
vs national
+53%
$1,290 US median
Texas rank
#233
of 240 cities

Income needed for a studio 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 studio at the current median rent.

Annual income
$79,200
Monthly gross
$6,600
Hourly (full-time)
$38.08

Rent by apartment size in Lakeway

Compare Lakeway's median rent across every apartment size.

Studio (current)
$1,980
1-Bedroom
$2,110
2-Bedroom
$2,490
3-Bedroom
$3,170
4+ Bedroom
$3,680

Cheapest cities for a studio in Texas

#CityStudio rent
1Clute$536
2Palestine$646
3Corsicana$700
4Harlingen$705
5Brownsville$707
6Bonham$710
7Eagle Pass$730
8Paris$730
9Alton$750
10Del Rio$760
11Canyon$770
12Huntsville$770
13San Leon$778
14Livingston$780
15Nacogdoches$780

Most expensive cities for a studio in Texas

#CityStudio rent
1University Park$2,300
2Argyle$2,300
3Flower Mound$2,250
4Little Elm$2,140
5Aledo$2,060
6Justin$2,030
7Lavon$2,010
8Lakeway (this page)$1,980
9Royse City$1,930
10Keller$1,930
11Haslet$1,910
12Celina$1,900
13Bellaire$1,840
14Fresno$1,830
15Coppell$1,820

Nearby cities — studio rent

Considering nearby alternatives? 5 of these cities have cheaper studio rents than Lakeway.

CityDistanceStudio rentvs Lakeway
Lago Vista, TX5.1 mi$1,490$-490 (-25%)
Spicewood, TX11.7 mi$1,370$-610 (-31%)
Cedar Park, TX12.3 mi$1,640$-340 (-17%)
Leander, TX13 mi$1,800$-180 (-9%)
Dripping Springs, TX16.6 mi$1,480$-500 (-25%)
Liberty Hill, TX21.5 mi$1,370$-610 (-31%)
Round Rock, TX21.7 mi$1,640$-340 (-17%)
Buda, TX22.1 mi$1,560$-420 (-21%)
Marble Falls, TX22.6 mi$1,370$-610 (-31%)
Pflugerville, TX24.9 mi$1,650$-330 (-17%)
Georgetown, TX26.8 mi$1,237$-743 (-38%)
Wimberley, TX27.2 mi$1,290$-690 (-35%)

Studio rent in Lakeway — common questions

How much is a studio apartment in Lakeway?

As of August 2026, the median studio apartment rent in Lakeway, Texas is $1,980 per month. This is +26% below the citywide median of $2,680.

What income do you need to afford a studio in Lakeway?

Using the standard 30% rent-to-income rule, you would need an annual income of about $79,200 ($6,600/month gross), which works out to roughly $38.08/hour at a full-time job.

Is Lakeway expensive for a studio compared to the rest of the US?

Lakeway's studio median of $1,980 is +53% above the national studio median of $1,290. It ranks in the 86th percentile of US cities tracked.

How does Lakeway rank for studio rent in Texas?

Among the 240 cities in Texas with studio data, Lakeway ranks #233 from cheapest to most expensive.

Are there cheaper studio options near Lakeway?

Yes — nearby cities with cheaper studio rents include Lago Vista ($1,490), Spicewood ($1,370), Cedar Park ($1,640).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Lakeway, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.