Can A Bus Driver Afford Rent in Lakeway, TX?

Rent-burdened — rent takes 65.1% of gross income.

Lakeway rent: June 2026. Salary: BLS OEWS May 2024 (Texas state estimate).

Lakeway median rent
$2,783/mo
Bus Driver salary (Texas)
$51,302/yr
Rent as % of income
65.1%
Gross monthly income works out to about $4,275, and the 30% rule supports up to $1,283/mo in rent. Lakeway's median rent of $2,783 exceeds that threshold by $1,500/mo, putting a bus driver salary into the rent-burdened range here. A bus driver works roughly 112.8 hours a month to cover that rent.

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:

Bellaire, TX
$2,733/mo (63.9% of income)
Aledo, TX
$2,722/mo (63.7% of income)
Trophy Club, TX
$2,635/mo (61.6% of income)

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 $2,783 a month. A typical bus driver in Texas earns about $51,302 a year, which makes that rent 65.1% 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 $2,783/mo, which is $1,500/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 112.8 hours a month to cover Lakeway's median rent of $2,783.

Where is rent cheaper than Lakeway for a bus driver?

Nearby Texas cities with lower median rent include Bellaire ($2,733/mo), Aledo ($2,722/mo), Trophy Club ($2,635/mo). Each shifts the affordability math materially on a bus driver salary.

Methodology: Salary uses the BLS-derived Texas state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Lakeway, TX. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.