Zumper
modified
Listed 5+ Days Ago

Highlights

  • Pet Friendly

Location

505 W 7th St, Austin, TX 78701, USA|Downtown Austin

Tour 505 W 7th St

Contact

Respace LLC

(737) 268-1472

Property Overview

Located in central Austin, this property offers convenient access to downtown amenities, dining, and entertainment, with strong appeal for those seeking an urban lifestyle. Its location and surrounding neighborhood features make it a practical choice for buyers or renters who value walkability, nearby services, and city convenience.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Images available

Great for

  • Eco living
  • Social life
  • Wellness

Amenities for 505 W 7th St, Downtown Austin

Building

Cats OKDogs OK
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

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About 505 W 7th St

HomeApartments in AustinDowntown Austin 505 W 7th St, Austin, TX 78701, USA

505 W 7th St cost $2,195 per month. Located at 505 W 7th St, Austin, TX 78701, USA, this unit has 1 bedroom and 1 bathroom. Based on the average rent price of 1 bedroom in Austin, renting this apartment is 76% more expensive per month.


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 505 W 7th St, Austin, TX 78701, USA compares to other nearby properties.

Positives

Images available
There are at least 10 photos of this address

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2 miles away
Greater distance from high schools
The nearest high school is farther than 1 mile away
Fewer storage options
Limited cabinet or closet space
No in-unit dishwasher
Dishwashers aren't available

Address details

NeighborhoodDowntown Austin
Zip code78701
TypeApartment for rent

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Rent trends in Downtown Austin

1-bedroom apartments at 505 W 7th St cost about 1% less than the average rent price for 1-bedroom apartments in Austin.

Median rents as of Sep 12 2026.
Downtown Austin
Austin
A table of 1-bedroom apartment rental data trends in Austin
MonthMedian Rent
September 2024$1,500
October 2024$1,496
November 2024$1,477
December 2024$1,473
January 2025$1,468
February 2025$1,458
March 2025$1,465
April 2025$1,491
May 2025$1,498
June 2025$1,532
July 2025$1,520
August 2025$1,529
September 2025$1,504
October 2025$1,465
November 2025$1,503
December 2025$1,486
January 2026$1,503
February 2026$1,527
March 2026$1,436
April 2026$1,491
May 2026$1,398
June 2026$1,297
July 2026$1,264
August 2026$1,256
September 2026$1,251
A table of 1-bedroom apartment rental data trends in Downtown Austin
MonthMedian Rent
September 2024$2,523
October 2024$2,497
November 2024$2,437
December 2024$2,436
January 2025$2,411
February 2025$2,461
March 2025$2,462
April 2025$2,416
May 2025$2,360
June 2025$2,371
July 2025$2,478
August 2025$2,511
September 2025$2,546
October 2025$2,658
November 2025$2,704
December 2025$2,712
January 2026$2,718
February 2026$2,658
March 2026$2,630
April 2026$2,624
May 2026$2,476
June 2026$2,377
July 2026$2,332
August 2026$2,231
September 2026$2,216

Affordability calculator

Can I afford to live at 505 W 7th St?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$87,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $87,800 annually to afford this 1-bedroom monthly rent price of $2,195.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 505 W 7th St, Austin, TX.
2 months ago$2,0002 bed1 bath
5 months ago$3,5002 bed2.5 bath
7 months ago$2,2001 bed1 bath
7 months ago$2,3001 bed1 bath
1 year ago$1,5951 bed1 bath
2 years ago$2,0002 bed1 bath
2 years ago$2,2002 bed2 bath
2 years ago$2,2502 bed1.5 bath
2 years ago$1,8902 bed1 bath

Schools near 505 W 7th St

Mathews Elementary School

906 w lynn st

austin, TX, 78703

PK, K-6Public
A

Texas School for the Deaf

1102 s congress ave

austin, TX, 78704

PK, K-12Public

Texas School for the Blind

1100 w 45th st

austin, TX, 78756

3-12Public
C

Rosedale School

7505 silvercrest dr

austin, TX, 78757

PK, K-12Public

YPW Spanish Immersion School

3640 bee caves rd

austin, TX, 78746

PKPublic
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Internet available near 505 W 7th St

Getting around Austin near 505 W 7th St

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

5/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 505 W 7th St, Austin

Groceries

9/10
Exceptional variety of groceries within a few minutes' walk

Shopping

9/10
Wide variety of shops within a few minutes' walk

Cafes

10/10
Exceptional variety of cafés within a few minutes’ walk

Restaurants

9/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

10/10
Exceptional variety of bars right within a few minutes’ walk

Other units at this address

505 W 7th St Austin, TX

Occupied

317

1 Bed

1 Bath

$580

Listed by Leasing Office
Days on market: 3396
THIS OPPORTUNITY-Primer location! Rare 1 bed condo w/contemporary updates in well maintained/updated complex w/gorgeous balcony,courtyard&pool. Tons of light,European kitchen,gorgeous hardwoods,new paint on smooth walls,fully remodeled bath w/2nd vanity in master,custom ELFA shelving and blinds,smart floor plan perfect for single. Highly efficient/low bills & top floor means no one above! Excellent value..!Kindly contact me via email with the property street address for more details.(****)

Occupied

106

1 Bed

1 Bath

$1,395

Listed by Leasing Office
Days on market: 2579
This beautiful 1/1 has slate floors throughout and updated kitchen and bath. Bath with walk-in steam shower. Location ideal for capitol/downtown, Lady Bird Lake, Whole Foods, restaurants and more! This is a unique, quiet downtown complex with a beautiful interior courtyard & garage parking.

Occupied

207

1 Bed

1 Bath

$1,595

Listed by 505 West 7th St Unit #207 78701 | 1 Bed 1 Bath $1595.00
Days on market: 50
This Mediterranean Revival-style condominium offers a blend of historic charm and modern urban living. Its location places residents at the epicenter of Austin's renowned entertainment scene, while still providing a tranquil retreat from city life with a gated community, courtyard, reserved parking, and a pool! Fireplace in living room adding character and functionality to the space. Water, gas, and trash included. Don't miss out the opportunity to live in Posada del Rey! All properties in our portfolio are required to participate in a mandatory Resident Benefits Package (RBP), designed to provide savings and convenient professional services that make maintaining your home hassle-free. The cost of this program is available for $43/month. Liability Insurance is also required for an additional $11.95 (this can be removed by providing your own insurance evidence if the required standards are met).

Occupied

505-109

1 Bed

1 Bath

$2,200

Listed by Leasing Agent
Days on market: 300
Furnished and vacant ! Charming low rise downtown complex with beautiful courtyard and pool. This is one of the easiest condo's centered in the complex and one of the rare units that has a clear view and walk to the pool. Walk to everything West Downtown has to offer! 1 Bedroom and 1 Bath in the heart of Austin...1 FREE parking in gated garage below... Come check us out!

Occupied

505-114

1 Bed

1 Bath

$2,300

Listed by Locayt
Days on market: 301
Absolutely charming 1 bedroom, 1 bathroom Condo in the heart of downtown Austin. Located on a quiet side street, you get the feel of small community with the proximity that downtown has to offer. Your only a short walk to historic 6th street with all the entertainment that it provides. You are also just a short walk to Whole foods and the historic downtown area. The property offers all the amenities you need. Including community pool, BBQ pits, and underground parking. The community is secured with gated access. This unit has been fully renovated with new flooring, appliances, and countertops! Recently installed new blinds througout and wifi thermostat. Don’t miss this opportunity.

Occupied

109

1 Bed

1 Bath

$4,000

Listed by Leasing Office
Days on market: 1718
- Unique, low rise downtown furnished condo (negotiable with owner to be removed if necessary) a beautiful interior private courtyard, pool & reserved one car garage parking spot. Easy walk to Lady Bird Lake, Whole Foods, restaurants and more! This 1bd/1bth ground floor condo has concrete floors with modern features. Condo is conveniently tucked behind Little Woodrows & Austin Wine Merchant. Ready for move in! Administration fee: $100 Pet deposit: $300 per pet Non refundable pet fee(one time): $300 Pet fee(monthly): $20 per pet 1 dog only - 35 lbs or less - breed restrictions - negotiable - call agent regarding animals All residents are enrolled in the Resident Benefits and Amenities Package (RBP) which includes our utility and maintenance reduction program, utility concierge service, home buyer program, and more! No Cats Allowed

Occupied

Apt 117

2 Beds

1 Bath

$1,700

Days on market: 2083
Avail Now, *no pets*. Older Spanish style complex, beautiful, and welcoming. Incredible location walking distance to Town Lake, Central Library, Capitol, restaurants, clubs, Whole Foods, hike/bike. 1 res parking spot in the garage. Bdrm and living windows overlook the courtyard/pool. Onsite laundry. 1 full bath plus a vanity area in the bigger bedroom. Best deal on a two-bedroom in DT Austin... Text 512-680-2618 for showings Amenities: Pool, Onsite Laundry

Occupied

117

2 Beds

2 Baths

$1,800

Listed by Downtown Austin: 2BD 1.1BA Condo for Lease
Days on market: 670
**$500 Move-in special!** A full month's rent is due upon move-in and a $500 credit will be given on your second payment. Avail Now, *no pets*. Older Spanish style complex, beautiful, and welcoming. Incredible location walking distance to Town Lake, Central Library, Capitol, restaurants, clubs, Whole Foods, hike/bike. 1 res parking spot in the garage. Bdrm and living windows overlook the courtyard/pool. Onsite laundry. 1 full bath plus a vanity area in the bigger bedroom. Best deal on a two-bedroom in DT Austin... Text 512-680-2618 for showings

Occupied

116

2 Beds

1 Bath

$1,850

Listed by Urban Oasis: Stylish 2BR Condo in the Heart of Downtown Austin with Garage Parking!
Days on market: 792
Discover this unique 2-bedroom condo in the heart of downtown Austin! Step into a spacious primary suite with a walk-in closet, apron sink, pullout pantry, and designer touches throughout. Embrace a walkable city lifestyle with easy street access and retreat to the Mission-style courtyard, your serene oasis in the city, complete with a refreshing pool and grills. Say goodbye to parking hassles with an included garage spot. Plus, enjoy the convenience of water, natural gas, and trash pickup included in the rent. Don’t miss this chance to live the best of downtown Austin living. This 2-bedroom condo is ready for immediate move-in. Contact us today to schedule a tour and make this your new downtown pad Bedrooms: 2 Bathrooms: 1.5 Square Footage: 914 Neighborhood: Downtown Year Built: 1964 PETS - Pets negotiable. $100 Non-refundable Pet Fee Required - Monthly pet fee of $25 per pet - Pet application required: please submit at: www keyrenteraustin com pets MISC. -Contact the leasing agent at 512.856-5090 - No Smoking On Property - Application Fee is $75 per Adult - $15 monthly MRA (admin fee) - Application Turnaround Time is 1-2 Business Days - Security Deposit: 90% of one month's rent - Lease Initiation Fee upon approval: 10% of one month's rent ** All apps must be submitted at www keyrenteraustin com apply **

Occupied

2 Beds, 2 Baths

2 Beds

2 Baths

$1,895

Listed by Amanda Fortin
Days on market: 3993
Newly remodeled 2 bedroom condo in the beautiful Posada Del Rey. New stainless steel appliances, carpet, full paint, light fixtures. Located downtown you are minutes from everything! Pets Negotiable 1 parking space $50 application fee $1895 deposit Available Now

Occupied

204

2 Beds

1 Bath

$2,000

Listed by West Downtown Condo
Days on market: 97
Condo located in west downtown near Whole Foods, Book People, and all the bars and restaurants that make this part of town great. Gated complex includes pool and nice lawns. Reminds of New Orleans. Reserved parking garage spot. Fully furnished. No short term rentals under 30 days. Available now to March 15. Call for details.

Occupied

205

2 Beds

1 Bath

$2,000

Listed by West Downtown Condo
Days on market: 802
Large 2 bedroom, 1 bath, condo in west downtown. All new vinyl plank floors, no carpet. Gated reserved parking, Pool. Great location near Whole Foods, Book People and all that west downtown has to offer but feels private and secure.

Occupied

Apt 203

2 Beds

1.5 Baths

$2,150

Listed by Downtown 2 BR / 1.5 BR Spacious Condo w/ Gorgeous Upgrades
Days on market: 914
Located in Downtown walking distance to great restaurants, bars, and even Whole Foods. Unit has gorgeous upgrades including bathrooms, kitchen, engineered wood floors, and stainless appliances. The building has a spacious courtyard and pool. Close to the Lady Bird Lake hike / bike trail. Fantastic, affordable condo in Downtown Austin. 1 RSVD parking spot. Second parking spot possibly available for an additional $150/mo. Please call to schedule a showing. Brian Copland, REALTOR eXp Realty 512-576-0288

Occupied

202

2 Beds

1.5 Baths

$2,250

Listed by Michelle Garza
Days on market: 1963
Great 2/1.5 condo in one of Downtown Austin's hidden gems. Posada Del Rey is a great low-rise condo, rare to find any more, surrounding a great pool/BBQ/outdoor gathering area. A short walk from all that downtown has to offer, with a more social atmosphere than those sterile high-rises. 2nd bedroom has en-suite half bath. Lots of storage. 1 reserved parking space in garage. End unit.

Occupied

210

2 Beds

2.5 Baths

$3,500

Listed by Downtown Austin 2 BD/ 2.5 BA Condo For Lease!
Days on market: 187
PENDING APPLICATIONS Welcome to 505 W 7th St #210...where old Austin charm and downtown urban living come together in the gated Posada Del Rey condominium community. This is the largest 2 BD / 2.5 BA floor plan available in the community boasting 1400 SQFT between 2 levels. Each bedroom has its own ensuite bathroom with an addition convenient half bathroom downstairs. This updated unit features a beautiful open plan down with wood floors and berber carpet in bedrooms, modern lighting, large kitchen island, all appliances and wine fridge, in-unit laundry, one assigned parking space for a small car in the gated garage; community courtyard lounge area with pool and gas grills. Trash is included in rent.. Available April 2026. One small pet negotiable with approval. All applicants must qualify.

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