Can A Licensed Practical Nurse Afford Rent in Lakeway, TX?

Rent-burdened — rent takes 55.5% of gross income.

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

Lakeway median rent
$2,783/mo
Licensed Practical Nurse salary (Texas)
$60,182/yr
Rent as % of income
55.5%
Gross monthly income works out to about $5,015, and the 30% rule supports up to $1,505/mo in rent. Lakeway's median rent of $2,783 exceeds that threshold by $1,278/mo, putting a licensed practical nurse salary into the rent-burdened range here. A licensed practical nurse works roughly 96.2 hours a month to cover that rent.

About rent and a licensed practical nurse salary

LPN pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. At the national-average LPN salary, the 30% rule supports about $1,520 a month in rent. The per-city pages show which markets stay in range.

Cheaper rent nearby

These Texas cities have lower median rent than Lakeway, which improves the affordability math on a licensed practical nurse salary:

Bellaire, TX
$2,733/mo (54.5% of income)
Aledo, TX
$2,722/mo (54.3% of income)
Trophy Club, TX
$2,635/mo (52.5% of income)

Compare with full rent data for Lakeway

View full rent data for Lakeway, TX

Frequently asked questions

Can a licensed practical nurse afford rent in Lakeway, TX?

Median rent in Lakeway is $2,783 a month. A typical licensed practical nurse in Texas earns about $60,182 a year, which makes that rent 55.5% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a licensed practical nurse afford in Lakeway?

Using the 30% rule, a licensed practical nurse salary in Texas (~$60,182/yr) supports up to $1,505 a month in rent. Lakeway's current median rent is $2,783/mo, which is $1,278/mo over the affordability threshold.

How many hours does a licensed practical nurse work to cover rent in Lakeway?

At an hourly equivalent of about $29 an hour, a licensed practical nurse in Texas works roughly 96.2 hours a month to cover Lakeway's median rent of $2,783.

Where is rent cheaper than Lakeway for a licensed practical nurse?

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 licensed practical nurse 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.