2 Days Ago
Highlights
Pet Friendly
Location
54 Rainey St, Austin, TX 78701, USA|Downtown Austin
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Amenities for 54 Rainey St, Downtown Austin
Apartment Amenities
| Air Conditioning | Balcony |
| Hardwood Floor | View |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Microwave |
| Washer and Dryer |
Tech
| Cable Ready |
Building
| Cats OK | Dogs OK |
| Fitness Center |
Grounds
| Assigned Parking | Swimming Pool |
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
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 54 Rainey St
Sweet deal!
This listing is 48% below the median price for 1 bedroom apartments in Downtown Austin.
Spacious 1/1 Unit features granite countertops, center island, pantry, hardwoods + tile throughout. Recent appliance updates include washer/dryer, refrigerator, oven, dishwasher, A/C and water heater. Primary bath with dual vanity, soaking tub and walk-in shower. Covered balcony with partial lake view. Two reserved parking spaces
Address details
| Neighborhood | Downtown Austin |
|---|---|
| Zip code | 78701 |
| Type | House for rent |
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Rent trends in Downtown Austin
1-bedroom apartments at 54 Rainey St cost about 48% less than the average rent price for 1-bedroom apartments in Downtown Austin.
Median rents as of Jan 10 2026.
Downtown Austin
Austin
| Month | Median Rent |
|---|---|
| February 2024 | $1,500 |
| March 2024 | $1,519 |
| April 2024 | $1,507 |
| May 2024 | $1,499 |
| June 2024 | $1,553 |
| July 2024 | $1,444 |
| August 2024 | $1,484 |
| September 2024 | $1,520 |
| 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 | $1,497 |
| Month | Median Rent |
|---|---|
| February 2024 | $2,350 |
| March 2024 | $2,326 |
| April 2024 | $2,311 |
| May 2024 | $2,389 |
| June 2024 | $2,498 |
| July 2024 | $2,426 |
| August 2024 | $2,494 |
| September 2024 | $2,521 |
| 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 | $2,720 |
Affordability calculator
Can I afford to live at 54 Rainey St?
Bedrooms
1 bedroomRent-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
$56,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $56,000 annually to afford this 1-bedroom monthly rent price of $1,400.
For more information on rent affordability, visit our rent calculator.
Schools near 54 Rainey St
Mathews Elementary School
906 w lynn st
austin, TX, 78703
PK, K-6Public
A
Uphaus Early Childhood Center
5200 freidrich ln
austin, TX, 78744
PK, KPublic
B
Rosedale School
7505 silvercrest dr
austin, TX, 78757
PK, K-12Public
Padron Elementary School
2011 w rundberg ln
austin, TX, 78758
PK, K-5Public
C
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Internet available near 54 Rainey St
Getting around Austin near 54 Rainey St
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 54 Rainey St, Austin
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
7/10
Several cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 20-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
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