54 Rainey St

Austin, TX 78701

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54 Rainey St

54 Rainey St
Austin, TX 78701
54 Rainey St in Austin, TX - Building Photo

Floorplan Pricing and Availability

    • 2 Bedrooms

      922 - 54 Rainey St

      $4,150

      2 Beds, 2 Baths, 1212 sq ft
      Available Now

      Availability Details

      PriceAvailability DateUnitSq Ft
      $4,150Available Now922 - 54 Rainey St1212 sq ft

      Model Amenities and Features

      Features

      • Balcony

      Kitchen

      • Dishwasher
      • Disposal
      • Microwave
      • Refrigerator

      Living Space

      • Hardwood Floors
      • Tile Floors

      Model Rent and Fees

      Model Price

      • $4,150Plus Fees

      Additional Property Details

      Kirk Lewis

      Welcome to Milago Unit 922, a spacious 2-bedroom, 2-bath residence offering breathtaking panoramic views of Downtown Austin and Lady Bird Lake. Ideally positioned at the tranquil end of Rainey Street, this premier condo blends peaceful lakeside living with immediate access to Austin’s most vibrant dining and entertainment district. This home underwent a comprehensive $150,000 remodel in 2017, completed through a thorough six-month renovation process. Enhancements include new hardwood flooring throughout, reconfigured walls and closets for improved functionality, custom pocket doors, and fully updated bathrooms with new toilets, showers, and modern finishes. The kitchen was completely redesigned with all-new appliances, cabinetry, and countertops, creating a refined, timeless space ideal for everyday living and entertaining. Designed for modern living, the residence features oversized windows with automatic power shades, abundant natural light throughout and seamless indoor-outdoor connection highlighting city and lake views BONUS FEATURES include two premium GROUND LEVEL parking spaces, a dedicated storage unit, refrigerator, and stackable washer/dryer—all included for your convenience. The Milago Condominiums recently completed its first building-wide assessment since original construction, funding major capital improvements including roof replacement and elevator upgrades. The seller has already paid the full assessment for Unit 922, offering peace of mind and value to the next owner. Additionally, the building will soon begin a refresh of common areas and hallways, further enhancing the community’s appeal and long-term value. Milago residents enjoy resort-style amenities, including: - Rooftop pool & spa with grilling stations - 2nd-floor fitness center and club room - 1st-floor resident lounge and landscaped outdoor patio - 24-hour concierge service MLS ID 5910542

      518 - 54 Rainey St

      $3,995

      2 Beds, 2 Baths, 1164 sq ft
      Available Mar 1

      Availability Details

      PriceAvailability DateUnitSq Ft
      $3,995March 1, 2026518 - 54 Rainey St1164 sq ft

      Model Amenities and Features

      Features

      • Balcony

      Fitness & Recreation

      • Pool

      Kitchen

      • Dishwasher
      • Disposal
      • Microwave

      Living Space

      • Hardwood Floors
      • Tile Floors

      Model Rent and Fees

      Model Price

      • $3,995Plus Fees

      Additional Property Details

      Michael Garcia

      ***Rare Furnished Unit!!!***Located within Austin’s Rainey Street District, walking distance to Austin’s Butler Hike trail, easy access to upscale dinning and entertainment, this beauty offers views of the most desirable city in America! Escape the busy city life in this Oasis located on the 5th floor at Milago. This spacious condo is a 2BED/2 BATH open floor plan for anyone looking to live in the heartbeat of Austin. Condo includes: 24 hour concierge service, 24 hour access to all amenities, stainless steel appliances, 2 reserved garage parking spots, and a private balcony. MLS ID 6804395

      312 - 54 Rainey St

      $3,225

      2 Beds, 2 Baths, 1164 sq ft
      Available Feb 1

      Availability Details

      PriceAvailability DateUnitSq FtDeposit
      $3,225February 1, 2026312 - 54 Rainey St1164 sq ft$3,225

      Model Amenities and Features

      Unique Amenities

      • garage available

      Features

      • Air Conditioning
      • Washer/Dryer

      Fitness & Recreation

      • Fitness Center
      • Pool
      • Walking/Biking Trails

      Interior

      • Business Center
      • Elevator

      Kitchen

      • Dishwasher
      • Kitchen

      Lease Terms

      • 12 Month Lease

      Living Space

      • Hardwood Floors
      • Office

      Outdoor Space

      • Patio

      Services

      • Concierge
      • Dog Park

      Model Rent and Fees

      Model Price

      • $3,225Plus Fees

      Deposit

      • $3,225 deposit

      Additional Property Details

      Modern Rainey Retreat | Direct Trail Access + Residents-Only Terrace Live at Milago in a beautifully updated 2-bedroom, 2-bath home in the heart of Rainey Street—where downtown convenience meets the outdoors. This 1,164 sq ft residence has an open layout, hardwood floors, and upgraded kitchen and bathrooms. The standout feature: a rare 3rd-floor setting with direct access to a residents-only community terrace and an open, unobstructed outlook—not facing another building or parking garage. Enjoy views over the dog park and quick access to the Lady Bird Lake Trail right outside the building. Home Highlights     •    Updated kitchen with quartz-style counters, breakfast bar, and stainless appliances     •    Bright living area with large windows and modern lighting     •    Two true bedrooms / flexible split layout for guests or a dedicated office     •    Both bathrooms upgraded with contemporary finishes     •    Reserved garage parking included     •    Pet friendly Milago Amenities     •    Rooftop pool + separate hot tub     •    24/7 Concierge, business center, and enclosed lake-facing patio on the lobby level     •    Fitness center + resident club room     •    Secure mailroom + package receiving area Steps from Rainey’s restaurants and nightlife, and unmatched for outdoor access—Milago offers one of the most convenient connections to the Lady Bird Lake Trail.

      1222 - 54 Rainey St

      $6,995

      2 Beds, 3 Baths, 2418 sq ft
      Available Mar 1
      Largest 2 BedroomThis is the largest 2 Bedroom at this Property

      Availability Details

      PriceAvailability DateUnitSq Ft
      $6,995March 1, 20261222 - 54 Rainey St2418 sq ft

      Model Rent and Fees

      Model Price

      • $6,995Plus Fees

      Additional Property Details

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

    Features and Amenities

    Interior Features

    • Balcony

    Kitchen Amenities

    • Disposal
    • Dishwasher
    • Microwave
    • Refrigerator

    Living Area Features

    • Tile Floors
    • Hardwood Floors
    Google Map

    Map

    54 Rainey St, Austin, TX 78701

    Points of Interest

    Time and distance from 54 Rainey St.

    Arts Museums and Landmarks

    Austin Bat Bridge

    S. Congress
    1 minute drive / 0.37 miles away

    The Austonian

    200 Congress Avenue
    1 minute drive / 0.4 miles away

    O. Henry House and Museum

    409 East 5th Street
    1 minute drive / 0.42 miles away

    Big Box and Retail

    Walgreens

    2501 S Lamar Blvd
    5 minute drive / 2.45 miles away

    Goodwill

    2800 S Lamar Blvd
    5 minute drive / 2.72 miles away

    Walmart

    600-710 E Ben White Blvd
    6 minute drive / 2.81 miles away

    Colleges and Universities

    Austin Community College - Rio Grande Campus

    1212 Rio Grande
    3 minute drive / 1.25 miles away

    University of Texas at Austin - Austin Campus

    110 Inner Campus Drive
    5 minute drive / 1.72 miles away

    Austin Community College - Eastview Campus

    3401 Webberville Road
    4 minute drive / 2.1 miles away

    Groceries

    Heb

    2701 E 7th St
    5 minute drive / 1.7 miles away

    H-E-B

    2400 S Congress Ave
    5 minute drive / 1.73 miles away

    Hospitals

    Dell Seton Medical Center At The University Of Texas

    601 E 15th Street
    3 minute drive / 1.12 miles away

    Austin Lakes Hospital

    1025 East 32nd Street
    4 minute drive / 2.25 miles away

    St. David's Medical Center

    919 E 32nd St
    4 minute drive / 2.27 miles away

    Hotspots

    6th Street

    6th st
    2 minute drive / 0.86 miles away

    Military Bases

    Camp Mabry Military Reserve

    9 minute drive / 4.27 miles away

    Parks and Recreation

    Umlauf Sculpture Garden

    605 Robert E Lee Road
    4 minute drive / 1.59 miles away

    Barton Springs Pool

    2201 Barton Springs Road
    5 minute drive / 1.68 miles away

    Deep Eddy

    Deep Eddy Park
    4 minute drive / 2.31 miles away

    54 Rainey St has 5 parks within 2.9 miles, including Umlauf Sculpture Garden, Barton Springs Pool, Deep Eddy, Lions Golf Course, and Hancock Golf Course.

    Restaurants and Dining

    Iron Works Barbeque

    100 Red River
    1 minute drive / 0.15 miles away

    Moonshine Restaurant

    303 Red River Street
    1 minute drive / 0.28 miles away

    Fogo De Chao

    309 E. 3rd St., Ste. 100
    1 minute drive / 0.31 miles away

    Shopping Centers

    805 & 809 E 6th St

    809 E 6th St
    1 minute drive / 0.52 miles away

    SouthPark Meadows II

    900 Interstate 35
    2 minute drive / 0.72 miles away

    Pecan Business Square

    1304 E 6th St
    2 minute drive / 0.72 miles away

    54 Rainey St has 5 shopping centers within 1.1 miles.

    Transit Stations

    Downtown Station-Capital MetroRail

    401 E 4th Street
    1 minute drive / 0.35 miles away

    Plaza Saltillo Station-Capital MetroRail

    412 Comal Street
    2 minute drive / 0.76 miles away

    Martin Luther King, Jr. Station-Capital MetroRail

    1719 Alexander Avenue
    4 minute drive / 2.31 miles away

    Nearby Neighborhoods

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    Nearby Apartments

    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Austin Studio Apartments $1,315$615$10,000+
    Austin 1 Bedroom Apartments $1,451$423$10,000+
    Austin 2 Bedroom Apartments $1,833$423$10,000+
    Austin 3 Bedroom Apartments $2,224$604$10,000+
    Austin 4 Bedroom Apartments $1,818$489$10,000+
    Austin 5 Bedroom Apartments $3,948$845$10,000+
    Austin 6 Bedroom Apartments $1,853$1,249$10,000+

    Browse Top Apartments in Austin

    Viewing: 54 Rainey St | Desktop Version | Listing Updated: 01/26/2026

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