Bay Property Management Group Austin serves property owners and residents throughout Westlake, one of the most exclusive residential areas in the Austin metro.
Westlake sits just west of Loop 360, bordered by Lake Austin to the north, and spans roughly 31 square miles feeding into the Eanes Independent School District. The area includes the incorporated cities of West Lake Hills and Rollingwood, along with a small section of Austin zoned to Eanes ISD. Housing here consists almost entirely of single-family homes on larger lots, many with hill country or lake views, rather than the apartment towers and dense multifamily buildings found closer to Downtown.
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Westlake’s combination of top-rated schools, natural surroundings, and proximity to Downtown, often just a 10-minute drive, has made it one of the most sought-after places to live in Central Texas. That demand keeps the rental market here tight, even with a housing stock that leans heavily toward ownership rather than renting.
The blended average across Westlake rentals runs about $1,846 a month, according to RentCafe (data last updated June 13, 2026). Westlake has very little apartment inventory compared to the rest of Austin, so prices are shown as ranges rather than fixed averages by bedroom count, and most available rentals are found in smaller complexes or single-family homes rather than large communities. For landlords, that limited supply tends to work in their favor, since qualified renters have fewer options to choose from in this part of the metro.
About 1,144 Westlake households rent, while roughly 2,293 own, according to RentCafe and the U.S. Census Bureau. That’s one of the higher homeownership rates in the Austin area, reflecting Westlake’s identity as an established, family-oriented community built around large single-family lots rather than rental housing. For property owners, the smaller renter pool here tends to include longer-term, well-qualified tenants drawn specifically by the school district and the neighborhood’s character.
Westlake offers a level of privacy and natural surroundings that’s hard to find anywhere else this close to Downtown Austin. Renters here are typically drawn by the Eanes Independent School District, one of the top-rated districts in Texas, along with hill country views, mature tree cover, and easy access to Lake Austin.
Housing options range from established neighborhoods like Woods of Westlake to newer custom homes throughout West Lake Hills and Rollingwood, with limited apartment or condo inventory available for renters who want a smaller footprint. That scarcity of rental housing is part of what makes Westlake distinct: demand consistently outpaces the relatively small supply of available units.
Whether renters are drawn to Westlake for the schools, the seclusion, or simply a quieter, more residential alternative to central Austin, the area continues to be one of the most competitive rental markets in the region.
Westlake is primarily a residential community, so most residents commute a short distance to nearby employment centers rather than working within Westlake itself.
The Pennybacker Bridge, known locally as the 360 Bridge, has carried Loop 360 across Lake Austin since it opened in December 1982, and its 600-foot central arch was only the second bridge of its design built anywhere in the world, according to Wikipedia's engineering history of the structure. The bridge's design keeps the entire span clear of the water below, a feature that helped make it one of the most recognizable landmarks in the Austin area. West Lake Hills itself, incorporated in 1953, remains one of the older established cities in the region.
While Westlake itself is largely residential, its proximity to Downtown puts the Blanton Museum of Art and the Texas State Capitol Visitors Center within easy reach for residents looking for a cultural outing. Locally, the Westlake Artisan's Market runs each fall season, featuring handmade goods and artwork from local craftspeople, and the Eanes Education Foundation Gala each spring supports the district's schools and programs.
The Pennybacker Bridge Overlook offers one of the most photographed views in Austin, reachable by a short hike near the bridge itself. Wild Basin Wilderness Preserve protects 227 acres along the Balcones Fault Line, with hiking trails and habitat for deer, coyotes, and more than 150 species of birds. Red Bud Isle, a popular off-leash dog park on Lady Bird Lake, and Commons Ford Ranch Metropolitan Park along Lake Austin round out some of the area's best-known outdoor spaces.
Westlake's entertainment scene leans on its country club culture and proximity to Downtown's music and events. Austin Country Club has hosted major professional golf events, drawing a global field of competitors to the area. For residents wanting a bigger night out, Downtown's live music venues and Zilker Park, home to the annual Austin City Limits Music Festival, are just a short drive away.
Bee Cave Road and the surrounding area offer a mix of upscale boutiques, salons, and locally owned restaurants that cater to Westlake's residential population. Davenport Village and nearby shopping centers along Bee Cave Road provide everyday retail and dining options without requiring a drive into central Austin, while residents looking for a wider selection can reach the Second Street District and West 2nd Street Downtown in about ten minutes.
Owning rental property in an exclusive market like Westlake comes with its own set of demands, from pricing a limited-supply rental correctly to screening tenants carefully in a neighborhood where property values and expectations run high.
Bay Property Management Group Austin can help you reap the benefits of owning a rental property in Westlake without the stress.
By taking advantage of our property management services in Westlake, your property manager handles the day-to-day work while you keep ownership and control of your investment:
Owning and managing rental property in Westlake is a lot of work, and the tenants who live there deserve a landlord who’s responsive and easy to reach. Take the stress out of being one by hiring a professional Austin property management company.
Bay Property Management Group Austin has become one of the more trusted property management companies serving Westlake, and for good reason. Our team is on hand to answer property-related questions from owners and tenants alike, and our fee structure stays competitive and transparent, with no onboarding fees tacked on. Here’s what that looks like in practice:
We manage each property individually, using local market knowledge and pricing strategy to optimize rent, occupancy, and revenue for owners throughout Westlake and the surrounding West Austin communities.
Tenants can submit maintenance requests through the portal 24/7. We triage, dispatch, and coordinate with our vendor network across West Austin, so small issues get handled before they become expensive ones.
We market vacant units across the major rental platforms and search engines to attract qualified applicants quickly. Every prospective tenant goes through the same consistent screening process, covering credit, criminal history, and rental references.
Our team stays current on Texas landlord-tenant law and Westlake-specific requirements, handles the eviction process from start to finish when it’s necessary, and provides guidance through property-related legal matters to help protect your investment.