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ZIP Code · TX

ZIP 78734

Part of Lakeway, TX
Pop. 22,145·Travis County·10th most expensive ZIP in Texas
Median rent (all units)
$2,743/mo
Year-over-Year
+6.4%
Month-over-Month
-1.4%
vs US Median
+$813
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 78734 · $2,743
More expensive than 86% of US ZIP codes · National median $1,930/mo
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Medians by bedroom

Rent by unit size

Studio
$1,830
1 BR
$1,940
2 BR
$2,300
3 BR
$2,910
4 BR+
$3,430
Research median
$2,300/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: May 18, 2026

Annual cost
$32,916/yr
At $2,743/mo median
Location
StateTX
CountyTravis County
Demographics

Who lives here

ZIP 78734 (Lakeway, TX) is majority owner-occupied, has a large retiree population, has a median income above the national average, 59.1% of residents hold a bachelor's degree or higher.

Population
22,145
Median income
$130,784
Median age
49
Renters
16.5%
Age distribution
18.6%
30.6%
16.5%
22.6%
Under 1818.6%
18–3411.6%
35–5430.6%
55–6416.5%
65+22.6%
Gender
52.6%
47.4%
Male52.6%
Female47.4%
Race & ethnicity
75.3%
18%
White75.3%
Black1.8%
Hispanic18%
Asian3.8%
Other1.1%
Education (25+)
24.3%
59.1%
No HS diploma6.7%
HS diploma9.9%
Some college24.3%
Bachelor's+59.1%
Housing tenure
83.5%
16.5%
Owner83.5%
Renter16.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 78734 in Lakeway, TX has changed in 5 years

Income
$116,955 → $130,784
up 11.8%
Population
21,625 → 22,145
up 2.4%
Renter share
18.9% → 16.5%
-2.4 pts
Bachelor's+
60% → 59.1%
-0.9 pts

Census figures show median household income at $130,784 today, compared with $116,955 five years earlier. Census counts show ZIP 78734 in Lakeway, TX adding about 520 residents over the five-year window, up 2.4% on net. The renter share has eased from 18.9% to 16.5%, with owner-occupied housing accounting for the remainder.

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Local insights

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About renting in ZIP 78734

Last updated: May 18, 2026

ZIP code 78734 covers Lakeway, TX. The median rent here is $2,743/mo as of May 2026. A 1-bedroom rents for a median of $1,940/mo. A 2-bedroom rents for a median of $2,300/mo.

At 25% of local median household income ($130,784/yr), ZIP 78734 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 78734?

As of May 18, 2026, the median monthly rent in ZIP 78734 (Lakeway, TX) is $2,743. This is based on aggregated data from public sources and community submissions.

How does ZIP 78734 rent compare to the US average?

ZIP 78734's median rent of $2,743/mo is $813 (42%) above the US national median of $1,930/mo.

How does ZIP 78734 compare to other ZIPs in Texas?

ZIP 78734 is one of the pricier ZIP codes in Texas, ranking #10 out of 687 ZIPs tracked at $2,743/mo.

How much income do you need to rent in ZIP 78734?

To keep rent at or below 30% of gross income, you would need to earn at least $110,000/year (~$53/hour full-time) to afford the median rent of $2,743/mo in ZIP 78734. The local median household income is $130,784/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 78734?

Rent in ZIP 78734 has increased 6.4% over the past year as of May 18, 2026, putting upward pressure on renter budgets.

Is ZIP 78734 an affordable place to rent?

ZIP 78734 is considered affordable for renters. At $2,743/mo, rent takes approximately 25% of the local median household income ($130,784/yr). The standard benchmark is 30%. ZIP 78734 falls comfortably within that range.

What percentage of ZIP 78734 residents rent vs. own?

According to Census data, approximately 16.5% of ZIP 78734 households are renters, while 83.5% are owner-occupied. ZIP 78734 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 78734 compare to the rest of Lakeway?

ZIP 78734 is pricier than Lakeway as a whole. At $2,743/mo, it's $70 above the Lakeway citywide median of $2,673/mo.

When was rent data for ZIP 78734 last updated?

Rent data for ZIP 78734 reflects May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Affordability
25%
AFFORDABLE

At $2,743/mo, rent takes ~25% of ZIP 78734's median household income ($130,784/yr). The standard benchmark is 30%.

ZIP 78734 25%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 78734 (Lakeway, TX)

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