$4,500 Per Month
- 4 Beds
- 3.5 Baths
- 3,008 Sq Ft
- Condo for Rent
107 Cascading Waters Place, Lakeway, TX 78734
107 Cascading Waters Place, Lakeway, TX 78734
Frequently Asked Questions
How much does it cost to rent a condo in Lakeway, TX?
The median rent for a condo in Lakeway, TX is $2,825 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Lakeway, TX?
To comfortably afford the median rent in Lakeway, TX, a household needs to earn roughly $143,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,595 per month in Lakeway, TX, renters typically need to show $10,785 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lakeway, TX?
In Lakeway, TX, the price-to-rent ratio is 16.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lakeway, TX are best for renting a condo?
The best neighborhood for renting in Lakeway, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Highland Lake Estates, Lago Vista Country Club Estates, Grandview Hills, West Oak Hill and Jester, each with its own character and price range.
