Zumper
modified
1 Day Ago

Highlights

  • Pet Friendly
  • On-site laundry
  • Covered parking
  • Pet friendly community
  • On-street parking

Location

1801 Rio Grande Street, Austin, Texas 78701, United States|Downtown Austin
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Contact

Leasing office

(737) 264-7992

Property Overview

Penthouse Apartments offers a strong overall performance with a Zumper expert rating of 8.8, reflecting excellent value, competitive pricing, and high-quality amenities. The property excels in location, providing easy access to parks, schools, and numerous dining options, while also promoting environmental sustainability and pet-friendliness. Noteworthy features include on-site laundry, covered parking, and a commitment to transparency, all contributing to its reputation as a desirable living choice for renters.

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

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Penthouse Apartments is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Penthouse Apartments has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • High school nearby
  • Images Available

Great for

  • Eco living
  • Social life
  • Pet owners

Floor plans

penA11 bed1 bath580 sqft$1,199 /mo
penA21 bed1 bath650 sqft$1,200 /mo
PEN-1061 bed1 bath650 sqft$1,200 /mo
PRELEASE NOW 2025 A31 bed1 bath730 sqft$1,250 /mo
PEN-106A1 bed1 bath580 sqft$1,299 /mo
PEN-205A1 bed1 bath580 sqft$1,349 /mo
PRELEASE NOW 2025 B12 bed1 bath860 sqft$1,450 /mo
PEN-2032 bed2 bath950 sqft$1,467 /mo
penB22 bed2 bath918 sqft$1,500 /mo
PEN-2022 bed2 bath918 sqft$1,500 /mo
PRELEASE NOW 2026 B42 bed2 bath989 sqft$1,600 /mo
PRE LEASE NOW 2026 C13 bed2 bath1,160 sqft$1,900 /mo

Let's explore this property.

Amenities for Penthouse Apartments

Apartment Amenities

Air ConditioningBathtub
Ceiling FanFreezer
Living RoomMaster Bath
Tile FloorWalk-in Closet

Appliances

Central A/CDishwasher
Garbage DisposalRange/Oven
Refrigerator

Tech

Cable ReadyHigh-Speed Internet

Building

Cats OKDogs OK
Onsite LaundryVintage Building

Grounds

BarbecueCourtyard
On Street ParkingOutdoor Space
Storage

Services

Live ToursOn-Site Maintenance
Online Community PortalPackage Service
RecyclingVirtual Walkthrough

Neighborhood

Near CampusNear Downtown
Near Fire DepartmentOn Bus Line
Public Transportation

Other

Online Payments
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?

Building details

Property details

Year built1963
Units50
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About Penthouse Apartments

HomeApartments in AustinDowntown Austin Penthouse Apartments

Penthouse Apartments is a Austin Apartment located at 1801 Rio Grande. The property features 1 - 3 BR rental units available starting at $1199. Amenities include Dogs Ok, Cats Ok, Pet Friendly Community, and On-Site Laundry. Covered Parking parking and On-Street Parking parking available. Contact us for a showing.


Year Built: 1963

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Penthouse Apartments is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Penthouse Apartments has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated Penthouse Apartments
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, Penthouse Apartments is a great option for renters looking for apartments in Downtown Austin. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Penthouse Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Penthouse Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·9A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Penthouse Apartments has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Penthouse Apartments is great for:

Eco living

  • You can get around by foot in this area
  • Public transit available nearby
  • On-site recycling or composting options
  • 94 parks within a mile

Social life

  • Areas nearby are accessible by walking
  • 433 restaurants within 1 mile of this property
  • The area has transit options
  • 459 mixed-use spaces nearby

Pet owners

  • Outdoor spaces are available at this property
  • 4 pet grooming services nearby
  • 15 pet supply stores near the property
  • 4 pet hospitals in the area

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 Penthouse Apartments compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
High school nearby
There is a high school 1 mile away
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this address
Laundry available on site
Washers and dryers are available in-building or in-unit
Package service
More secure storage for delivery
Walk-in closet
More closet space on average

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2 miles away

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Rent trends in Downtown Austin

1-bedroom apartments here are priced 54% lower than 1-bedrooms in Downtown Austin.

If you decide to upgrade your space, you can expect 2-bedrooms at Penthouse Apartments to be 60% less than the average for similarly sized apartments in Downtown Austin.

3-bedroom apartments at Penthouse Apartments cost about 76% less than the average rent price for 3-bedroom apartments in Downtown Austin.

Median rents as of Dec 13 2025.
Downtown Austin
Austin
A table of studio rental data trends in Austin
MonthMedian Rent
December 2023$1,445
January 2024$1,445
February 2024$1,438
March 2024$1,495
April 2024$1,500
May 2024$1,504
June 2024$1,520
July 2024$1,502
August 2024$1,521
September 2024$1,582
October 2024$1,596
November 2024$1,576
December 2024$1,569
January 2025$1,582
February 2025$1,576
March 2025$1,582
April 2025$1,601
May 2025$1,583
June 2025$1,582
July 2025$1,574
August 2025$1,579
September 2025$1,582
October 2025$1,582
November 2025$1,584
December 2025$1,587
A table of studio rental data trends in Downtown Austin
MonthMedian Rent
December 2023$1,870
January 2024$1,884
February 2024$1,882
March 2024$1,875
April 2024$1,864
May 2024$1,880
June 2024$1,885
July 2024$1,905
August 2024$1,926
September 2024$1,922
October 2024$1,919
November 2024$1,878
December 2024$1,854
January 2025$1,934
February 2025$1,938
March 2025$1,994
April 2025$2,011
May 2025$2,065
June 2025$2,070
July 2025$1,996
August 2025$2,014
September 2025$1,984
October 2025$1,910
November 2025$1,911
December 2025$1,917

Affordability calculator

Can I afford to live at 1801 Rio Grande Street?

Bedrooms

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

$48,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 1-bedroom median monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.

Schools near Penthouse Apartments

Bryker Woods Elementary School

3309 kerbey ln

austin, TX, 78703

K-5Public
A

Rosedale School

7505 silvercrest dr

austin, TX, 78757

PK, K-12Public

Uphaus Early Childhood Center

5200 freidrich ln

austin, TX, 78744

PK, KPublic
B

Padron Elementary School

2011 w rundberg ln

austin, TX, 78758

PK, K-5Public
C
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Internet available near Penthouse Apartments

Neighborhood

Downtown Austin | Austin, TX

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Austin near 1801 Rio Grande Street

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 1801 Rio Grande Street, Austin

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

7/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

8/10
Variety of restaurants within a few minutes' walk

Primary schools

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

High schools

3/10
No high schools within a 30-minute walk

Parks

10/10
Very large amount of park space within a few minutes' walk

Nightlife

8/10
Variety of bars within walking distance

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