Monthly rent

$3,995

Beds

Baths

Sqft

1,176

Monthly rent	$3,995
Beds	1
Baths	1
Sqft	1,176

Updated 2 Days Ago

Highlights

Pet Friendly

Location

311 W 5th St #703, Austin, TX 78701, USA|Downtown Austin

Tour 311 W 5th St #703

Contact

Treaty Oak Property Management, LLC

(512) 504-7414

About 311 W 5th St #703

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Houses in Austin

311 W 5th St #703, Austin, TX 78701, USA

Downtown Austin living with a front row seat to the city! This spacious 1 bedroom, 1 bathroom loft at Plaza Lofts offers approximately 1,176 square feet of open concept living with soaring ceilings, exposed ductwork, polished concrete floors, and floor to ceiling windows that fill the space with natural light. The open kitchen complements the loft aesthetic with abundant cabinetry, expansive dark countertops, stainless steel appliances, and a large curved island with a built in gas cooktop, creating a natural centerpiece for cooking and entertaining. West facing views overlook Republic Square, while oversized sliding doors open to a private balcony perfect for unwinding and taking in the Austin skyline and sunset views. The generously sized sleeping area is thoughtfully set apart while preserving the home’s open and airy feel. Residents enjoy concierge service, a rooftop pool, and fitness studio. Located in the heart of Downtown Austin, just steps from Republic Square, dining, entertainment, and the Lady Bird Lake trail, this distinctive loft delivers the space, character, and location that make downtown living special!

Neighborhood

Downtown Austin

Zip code

78701

Type

House for rent

Rent trends in Downtown Austin

1-bedroom apartments at 311 W 5th St #703 cost about 74% more than the average rent price for 1-bedroom apartments in Downtown Austin.

Median rents as of Sep 26 2026.

Downtown Austin

Austin

A table of 1-bedroom apartment rental data trends in Austin
Month	Median Rent
October 2024	$1,495
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	$1,252

A table of 1-bedroom apartment rental data trends in Downtown Austin
Month	Median Rent
October 2024	$2,489
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	$2,262

Affordability calculator

Can I afford to live at 311 W 5th St #703?

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

$159,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $159,800 annually to afford this 1-bedroom monthly rent price of $3,995.

For more information on rent affordability, visit our rent calculator.

Schools near 311 W 5th St #703

Getting around Austin near 311 W 5th St #703

Walking

9/10

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

Driving

8/10

This area is close to freeways and has adequate parking options.

Cycling

8/10

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

Transit

9/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 311 W 5th St #703, Austin

Groceries

9/10

Exceptional variety of groceries within a few minutes' walk

Shopping

9/10

Exceptional variety of shops within a few minutes’ walk

Cafes

10/10

Exceptional variety of cafés within a few minutes’ walk

Restaurants

10/10

Exceptional variety of restaurants within a few minutes’ walk

Primary schools

9/10

At least one elementary school within a 10-minute walk

High schools

9/10

At least one high school within a 10-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

311 W 5th St #703311 W 5th St #703, Austin, TX 78701, USA

Highlights

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Amenities for 311 W 5th St #703, Downtown Austin

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About 311 W 5th St #703

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Rent trends in Downtown Austin

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Schools near 311 W 5th St #703

Mathews Elementary School

Texas School for the Deaf

Texas School for the Blind

Rosedale School

YPW Spanish Immersion School

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Getting around Austin near 311 W 5th St #703

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Points of interest for 311 W 5th St #703, Austin

Groceries

Shopping

Cafes

Restaurants

Primary schools

High schools

Parks

Nightlife

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Property types near Downtown Austin

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Homes in Downtown Austin

311 W 5th St #703
311 W 5th St #703, Austin, TX 78701, USA