Which floor plans are available, and what are the price ranges?

54 Rainey St Austin, TX 78701 has one bedroom available and rents for $2,200/mo.

Can I see a model or tour available condos at 54 Rainey St Austin, TX 78701?

Yes, to view the floor plan in person, please schedule a personal tour.

What neighborhood is the property located in?

54 Rainey St Austin, TX 78701 is in Texas Capital in the city of Austin. Here you’ll find three shopping centers within 0.9 mile of the property. Five parks are within 3.2 miles, including Lady Bird Lake, Umlauf Sculpture Garden and Museum, and Blunn Creek Nature Preserve.

Condos Texas Travis County Austin Texas Capital 54 Rainey St Unit 1017

54 Rainey St Unit 1017

Austin, TX 78701

512-971-0076

Monthly Rent

$2,200
Bedrooms

1 bd
Bathrooms

1 ba
Square Feet

865 sq ft

Details

Available Now

* Price shown is base rent and may not include non-optional fees and utilities. Price, availability, fees, and any applicable rent special are subject to change without notice.

* Square footage definitions vary. Displayed square footage is approximate.

54 Rainey St Unit 1017

About This Property

Please apply at Light and bright urban condo next to Ladybird Lake and hike and bike trail. One bedroom with a flex space as an office or guest room. Hardwood floors throughout most of the unit. Kitchen and Bath have granite countertops. Great floorplan with the Kitchen and Breakfast bar open to the Dining and Living. Located near elevator for easy access to garage or rooftop pool. 24 hour concierge. Amenities include gym, club room, reading room, bike room, wifi lounge, outside patios with grills, rooftop pool and spa. One reserved parking space in garage. Convenience at your door step with a grocery store across the street and many restaurants and bars in the Rainey Street Entertainment District.

54 Rainey St is a condo located in Travis County and the 78701 ZIP Code.

Discover Homeownership

Renting vs. Buying

Housing Cost Per Month: $2,200
- Rent for 30 Years
  
  Renting doesn't build equity Future Equity
  
  Renting isn't tax deductible Mortgage Interest Tax Deduction
  
  $0 Net Return
- Buy Over 30 Years
  
  $856K - $1.52M Future Equity
  
  $391K Mortgage Interest Tax Deduction
  
  $64K - $733K Gain Net Return

$2,140 / month $279,000 Listing Price

1 Beds •1 Baths • 579 Sq Ft

$2,063 / month $244,000 Listing Price

2 Beds •1 Baths • 764 Sq Ft

$2,395 / month $275,000 Listing Price

1 Beds •1 Baths • 822 Sq Ft

Contact

(512) 971-0076

Karen Liddy

compass re texas, llc

Austin Board of REALTORS®

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. ABoR, ACTRIS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law. Copyright © 2025.

Condo Features

Dishwasher

Hardwood Floors

Refrigerator

Disposal

Dishwasher
Disposal
Refrigerator
Hardwood Floors
Tile Floors

Fees and Policies

Milago Condominiums

View Building Details

Milago Condominiums, designed by WDG, stands as a 13-story residential building completed in 2005. Located in the vibrant Rainey Street Historic District of Austin, this building offers 240 units that blend modern design with the lively atmosphere of downtown. The building's architecture features a mix of curved and angular facades, combining brick and stucco exteriors, which complement the dynamic surroundings. Milago provides a unique opportunity to experience urban living with direct access to Lady Bird Lake and the Ann and Roy Butler Hike-and-Bike Trail. See more

Location

Property Address: 54 Rainey St, Austin,

TX 78701

Get Directions

This Property

Available Property

Amenities

Dishwasher
Disposal

Refrigerator
Hardwood Floors

Tile Floors

Neighborhood

The stunning Texas Capitol towers over the landscape of Downtown Austin, quite possibly the hottest neighborhood in one of America’s favorite cities. Austin’s truly legendary nightlife scene is certainly not restricted to the famous 6th Street, although this particular Downtown thoroughfare definitely has its share of noteworthy watering holes. Live music is an integral element of the city, and nowhere is this more apparent than Downtown, where stages and venues of every description kick out a variety of tunes every night of the week. And of course, living in Downtown Austin comes with the benefit of one of America’s best selections of food, from exceptional local favorites like barbecue and Tex-Mex to eclectic food trucks and exotic international fare.

From a more practical standpoint, living in Downtown Austin puts you right at the heart of the city’s thriving business and government centers, meaning that many locals live near enough to walk or bike to work.

Learn more about living in Texas Capital

Education

Colleges & Universities			Distance
Colleges & Universities			Distance
University of Texas at Austin	Drive:	5 min	2.3 mi
Austin C.C., Rio Grande Campus	Drive:	5 min	2.6 mi
Austin C.C., Eastview Campus	Drive:	6 min	2.9 mi
St. Edward's University	Drive:	6 min	3.0 mi

54 Rainey St Unit 1017 is within 5 minutes or 2.6 miles from Austin C.C., Rio Grande Campus. It is also near University of Texas at Austin and Austin C.C., Eastview Campus.

Transportation

54 Rainey St Unit 1017 is near Austin-Bergstrom International, located 11.7 miles or 22 minutes away.

Commuter Rail			Distance
Commuter Rail			Distance
Austin	Drive:	6 min	1.7 mi
San Marcos Amtrak	Drive:	36 min	30.3 mi
Taylor Amtrak	Drive:	45 min	36.5 mi

Airports			Distance
Airports			Distance
Austin-Bergstrom International	Drive:	22 min	11.7 mi

Very Walkable

Walk Score^®

Out of 100

If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.

Good Transit

Transit Score^®

Out of 100

The area around this property has good transit with many nearby transportation options.

Biker's Paradise

Bike Score^®

Out of 100

Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.

Soundscore^™

Out of 100

Traffic:

Airport:

Businesses:

Score provided by

Scores provided by and

Score provided by

Points of Interest

Time and distance from 54 Rainey St Unit 1017.

Shopping Centers			Distance
Shopping Centers			Distance
Saltillo	Walk:	13 min	0.7 mi
805 & 809 E 6th St	Walk:	14 min	0.7 mi
6th & Congress	Walk:	17 min	0.9 mi

54 Rainey St Unit 1017 has 3 shopping centers within 0.9 mile, which is about a 17-minute walk. The miles and minutes will be for the farthest away property.

Parks and Recreation			Distance
Parks and Recreation			Distance
Lady Bird Lake	Drive:	3 min	1.6 mi
Umlauf Sculpture Garden and Museum	Drive:	7 min	2.5 mi
Blunn Creek Nature Preserve	Drive:	4 min	2.5 mi
Zilker Botanical Garden	Drive:	7 min	2.9 mi
Boggy Creek Greenbelt	Drive:	6 min	3.2 mi

54 Rainey St Unit 1017 has 5 parks within 3.2 miles, including Lady Bird Lake, Umlauf Sculpture Garden and Museum, and Blunn Creek Nature Preserve.

Hospitals			Distance
Hospitals			Distance
Dell Seton Medical Center at The University of Texas	Drive:	3 min	1.6 mi
St. David's Medical Center	Drive:	5 min	2.7 mi
Ascension Seton Medical Center Austin	Drive:	9 min	4.8 mi

54 Rainey St Unit 1017 has 3 hospitals within 4.8 miles, the nearest is Dell Seton Medical Center at The University of Texas which is 1.6 miles away and a 3 minutes drive.