About This Property
Lakeway Apartment Homes offers 180 low-income units in Austin, TX and serves families, elderly residents, disabled individuals, and those experiencing homelessness. The property is financed through 4% Low-Income Housing Tax Credits and operates under affordable housing requirements. For more information about availability and eligibility, contact the management office.
Waitlist Information
Waitlist managed by Austin Housing Authority
Eligibility requires the Head of Household to be 18 or older or a legally emancipated minor, total household income below HUD limits, and at least one person in the household to be an eligible citizen or non-citizen; waiting times for these programs can range from 6 months to over 3 years.
The Housing Choice Voucher waiting list was last open for one week in September 2018, and previously in October 2014; preferences included elderly, disabled, involuntarily displaced, homeless, families with minor children, local residents, and current HACA RAD tenants, with 2,000 applicants selected by random lottery.
Waitlist data provided by section8waitlist.org
Updated October 2, 2026
Property Details
Fair Market Rent - Travis County, TX
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,519 |
| 1 Bedroom | $1,635 |
| 2 Bedroom | $1,924 |
| 3 Bedroom | $2,470 |
| 4 Bedroom | $2,840 |
Income Limits - Travis County, TX
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,800
- Very Low (50%)
- $34,650
- Low (80%)
- $55,400
- Extremely Low (30%)
- $23,750
- Very Low (50%)
- $39,600
- Low (80%)
- $63,300
- Extremely Low (30%)
- $26,700
- Very Low (50%)
- $44,550
- Low (80%)
- $71,200
- Extremely Low (30%)
- $29,650
- Very Low (50%)
- $49,450
- Low (80%)
- $79,100
- Extremely Low (30%)
- $32,050
- Very Low (50%)
- $53,450
- Low (80%)
- $85,450
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $57,400
- Low (80%)
- $91,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $61,350
- Low (80%)
- $98,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $65,300
- Low (80%)
- $104,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,800 | $34,650 | $55,400 |
| 2 Persons | $23,750 | $39,600 | $63,300 |
| 3 Persons | $26,700 | $44,550 | $71,200 |
| 4 Persons | $29,650 | $49,450 | $79,100 |
| 5 Persons | $32,050 | $53,450 | $85,450 |
| 6 Persons | $35,580 | $57,400 | $91,800 |
| 7 Persons | $40,120 | $61,350 | $98,100 |
| 8 Persons | $44,660 | $65,300 | $104,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Austin, TX?+
The Fair Market Rent (FMR) for Travis County, TX is: $1519 (Studio), $1635 (1BR), $1924 (2BR), $2470 (3BR), $2840 (4BR). Actual rent at subsidized properties like Lakeway Apartment Homes is typically 30% of household income or less.
What are the income limits for affordable housing in Travis County, TX?+
For a 4-person household in Travis County, TX, the income limits are: Extremely Low Income (30% AMI): $29,650, Very Low Income (50% AMI): $49,450, Low Income (80% AMI): $79,100. These limits are set by HUD and updated annually.
Is there a waitlist for Lakeway Apartment Homes?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Lakeway Apartment Homes?+
Lakeway Apartment Homes is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages Lakeway Apartment Homes?+
Lakeway Apartment Homes is managed by . You can reach them at . Visit their website for more information.
Who is eligible to live at Lakeway Apartment Homes?+
Lakeway Apartment Homes primarily serves families, elderly residents, persons with disabilities, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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