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Listed 5+ Days Ago
Highlights
Pet Friendly
Location
5501 Downs Drive, Austin, TX 78721, USA|MLK-183
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Property Overview
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
Middle school nearby- Images Available
- Laundry available on site
Great for
Pet owners
Amenities for 5501 Downs Dr, MLK-183
Building
| Cats OK | Dogs 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
Cat Policy
Allowed
Contact for more information on pet policy.
About 5501 Downs Dr
Terrific remodeled home minutes from downtown. Quiet dead-end section of the road offers maximum privacy for the area. Home is stunningly finished with granite countertops, stainless appliances, pine floors. Large yard backs to undeveloped woodlot to the rear. Property is professionally managed. Apply, pay rent, and submit maintenance requests online. 100% tenant satisfaction - Check Yelp!
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 5501 Downs Dr compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.3 miles away
- Images Available
- There are at least 10 photos of this property
- Laundry available on site
- Washers and dryers are available in-building
Considerations
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
Address details
| Neighborhood | MLK-183 |
|---|---|
| Zip code | 78721 |
| Type | Apartment for rent |
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Available rentals nearby
Collective on Riverside
Our team has verified this companyPleasant Valley • 1515 Wickersham Ln
4 Beds
$1,346–$2,072
Total Monthly Price. The price shown reflects a 6-month lease and includes base rent and all known required monthly fees, based on information provided by the property.
Pleasant Valley • A-B
4 Beds
$2,300
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Riverside • 2200 S Pleasant Valley Rd
4 Beds
$1,799–$1,969
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Chestnut • 1411 Chicon St
4 Beds
$1,684–$2,882
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Rosewood • 3107 E 13th St
4 Beds
$2,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
North Loop • 5117 N Lamar Blvd
4 Beds
$2,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Montropolis • 6121 Ponca St
4 Beds
$1,895
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Collective on Riverside
Our team has verified this companyPleasant Valley • 1515 Wickersham Ln
4 Beds
$1,346–$2,072
Total Monthly Price. The price shown reflects a 6-month lease and includes base rent and all known required monthly fees, based on information provided by the property.Pleasant Valley • A-B
4 Beds
$2,300
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Riverside • 2200 S Pleasant Valley Rd
4 Beds
$1,799–$1,969
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Chestnut • 1411 Chicon St
4 Beds
$1,684–$2,882
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Rosewood • 3107 E 13th St
4 Beds
$2,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.North Loop • 5117 N Lamar Blvd
4 Beds
$2,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Montropolis • 6121 Ponca St
4 Beds
$1,895
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Rent trends in MLK-183
4-bedroom apartments at 5501 Downs Dr cost about 19% less than the average rent price for 4-bedroom apartments in Austin.
Median rents as of Oct 31 2026.
MLK-183
Austin
| Month | Median Rent |
|---|---|
| November 2024 | $2,996 |
| December 2024 | $2,998 |
| January 2025 | $2,997 |
| February 2025 | $2,967 |
| March 2025 | $3,007 |
| April 2025 | $3,025 |
| May 2025 | $2,978 |
| June 2025 | $2,851 |
| July 2025 | $2,769 |
| August 2025 | $2,706 |
| September 2025 | $2,756 |
| October 2025 | $2,825 |
| November 2025 | $2,791 |
| December 2025 | $2,798 |
| January 2026 | $2,851 |
| February 2026 | $2,886 |
| March 2026 | $2,797 |
| April 2026 | $2,771 |
| May 2026 | $2,761 |
| June 2026 | $2,797 |
| July 2026 | $2,696 |
| August 2026 | $2,710 |
| September 2026 | $2,770 |
| October 2026 | $2,818 |
| Month | Median Rent |
|---|---|
| March 2025 | $2,000 |
| April 2025 | $2,000 |
| May 2025 | $2,000 |
| August 2025 | $2,500 |
| September 2025 | $2,500 |
| November 2025 | $2,190 |
| December 2025 | $2,190 |
| June 2026 | $3,695 |
| July 2026 | $3,695 |
| August 2026 | $2,699 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 11 years ago | $2,195 |
Schools near 5501 Downs Dr
Norman-Sims Elementary School
4001 tannehill ln
austin, TX, 78721
PK, K-5Public
C+
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
Texas School for the Deaf
1102 s congress ave
austin, TX, 78704
PK, K-12Public
Uphaus Early Childhood Center
5200 freidrich ln
austin, TX, 78744
PK, KPublic
B
Neighborhood
MLK-183 | Austin, TX
Getting around Austin near 5501 Downs Drive
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 5501 Downs Drive, Austin
Groceries
6/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
3/10
Some shops within a short drive
Cafes
3/10
Some cafés within a short drive
Restaurants
6/10
Variety of restaurants within a short drive
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
5/10
Variety of bars within a short drive
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