Can A Bus Driver Afford Rent in Lakeway, TX?
Rent-burdened — rent takes 62.7% of gross income.
Lakeway rent: July 2026. Salary: BLS OEWS May 2024 (Texas state estimate).
About rent and a bus driver salary
Transit bus driver pay sits near the US median household income, with municipal and unionized routes often paying more. At the national-average bus driver salary, the 30% rule supports about $1,296 a month in rent.
Cheaper rent nearby
These Texas cities have lower median rent than Lakeway, which improves the affordability math on a bus driver salary:
Compare with full rent data for Lakeway
View full rent data for Lakeway, TX →Frequently asked questions
Can a bus driver afford rent in Lakeway, TX?
Median rent in Lakeway is $2,680 a month. A typical bus driver in Texas earns about $51,302 a year, which makes that rent 62.7% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.
How much rent can a bus driver afford in Lakeway?
Using the 30% rule, a bus driver salary in Texas (~$51,302/yr) supports up to $1,283 a month in rent. Lakeway's current median rent is $2,680/mo, which is $1,397/mo over the affordability threshold.
How many hours does a bus driver work to cover rent in Lakeway?
At an hourly equivalent of about $25 an hour, a bus driver in Texas works roughly 108.7 hours a month to cover Lakeway's median rent of $2,680.
Where is rent cheaper than Lakeway for a bus driver?
Nearby Texas cities with lower median rent include Trophy Club ($2,635/mo), Trophy Club ($2,628/mo), Iowa Colony ($2,625/mo). Each shifts the affordability math materially on a bus driver salary.