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54 Rainey St

Floorplan Pricing and Availability
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2 Bedrooms
312 - 54 Rainey St
$2,900
2 Beds, 2 Baths, 1164 sq ftTotal Monthly PriceAvailable NowAvailability Details
Prices shown for this property are the Total Monthly Price including Fees.Price Availability Date Unit Sq Ft Deposit $2,900 Available Now 312 - 54 Rainey St 1164 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
- $2,900
Deposit
- $3,225 deposit
Fees & Policies
Pet Policy and Fees
Cats
AllowedDogs
AllowedParking Info and Fees
- Garage Parking
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Price shown is total price based on community-supplied monthly required fees. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.Additional Property Details
Modern Rainey Retreat | Direct Trail Access + Residents-Only Terrace *List Price represents $300 off first month 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.
518 - 54 Rainey St
$3,195
2 Beds, 2 Baths, 1164 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft $3,195 Available Now 518 - 54 Rainey St 1164 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
- $3,195
Fees & Policies
Pet Policy and Fees
Cats
AllowedDogs
AllowedProperty Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.Additional Property Details
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
1109 - 54 Rainey St
$3,200
2 Beds, 2 Baths, 1164 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft $3,200 Available Now 1109 - 54 Rainey St 1164 sq ft Model Amenities and Features
Features
- Balcony
Fitness & Recreation
- Pool
Kitchen
- Dishwasher
- Disposal
- Microwave
- Refrigerator
Living Space
- Carpet
- Hardwood Floors
- Tile Floors
Model Rent and Fees
Model Price
- $3,200
Fees & Policies
Pet Policy and Fees
Cats
AllowedProperty Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.Additional Property Details
This spectacular condo is located at the intersection of excitement and serenity. On lady bird lake and Rainey St, it gives you the option to walk DT, run along the hike and bike trail, and enjoy the restaurants, food trucks, and bars on Rainey St. Animal friendly, comes with two reserved parking spots, luxury amenities, secure 24hr concierge desk in the lobby, exercise facility, WIFI lounge, & the stunning rooftop pool/spa. -Storage cage available upon request. -See tenant criteria. Comm. Features: Health Club Discount Sprinkler Sys: Yes MLS ID 1297929
806 - 54 Rainey St
$3,800
2 Beds, 2 Baths, 1341 sq ftAvailable NowAvailability Details
Price Availability Date Unit Sq Ft $3,800 Available Now 806 - 54 Rainey St 1341 sq ft Model Amenities and Features
Fitness & Recreation
- Pool
Kitchen
- Dishwasher
- Disposal
- Microwave
Living Space
- Hardwood Floors
- Tile Floors
Model Rent and Fees
Model Price
- $3,800
Fees & Policies
Pet Policy and Fees
Cats
AllowedDogs
AllowedProperty Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.Additional Property Details
The two-bedroom two bath unit has an extra den, which is very useful and practical (see layout diagram). The unit offers the best lake and city skyscraper view from all bedrooms, living and balcony. The building offers roof top swimming pool, hot tub and grill, other amenities including lake front/trail fitness center, WIFI lounge, club room, 3rd floor community terrace w/grill and patio seating. 24 HR concierge. 2 secure garage parking spots. Owner is willing to upgrade the condo based on new tenants' preferences. Come check it out. Everything is negotiable. March move in special: $1k off security deposit. MLS ID 1925552
1222 - 54 Rainey St
$6,995
2 Beds, 3 Baths, 2418 sq ftAvailable NowLargest 2 BedroomThis is the largest 2 Bedroom at this PropertyAvailability Details
Price Availability Date Unit Sq Ft $6,995 Available Now 1222 - 54 Rainey St 2418 sq ft Model Amenities and Features
Features
- Balcony
Fitness & Recreation
- Pool
Kitchen
- Dishwasher
- Disposal
- Microwave
- Refrigerator
Living Space
- Carpet
- Tile Floors
Model Rent and Fees
Model Price
- $6,995
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.Additional Property Details
Available for immediate move-in! Fully furnished Penthouse unit with KILLER VIEWS at the Milago available immediately for lease! Unobstructed 180-270 degree gorgeous views in all directions and easy access to Lady Bird Lake hike and bike trail, easy access to paddle boards and kayaks just below the unit. Walking distance to all things Rainey and Downtown. This large (2400+ sq. ft.), 2 bedroom, 2.5 bath + Den/Office really impresses with its remodel upgrades, high quality furniture, and windows in every direction. Fully automated shades. Easy approval and move-in process. Milago is a wonderful mid-rise building. Milago charges small admin fee for setting up key fobs, etc. 2 pets max. $500/per pet deposit + Cleaning Fee at end of lease. Owner seeking 12+ month term. MLS ID 4558569
PH09 - 54 Rainey St
$3,400
2 Beds, 2 Baths, 1164 sq ftAvailable Apr 1Availability Details
Price Availability Date Unit Sq Ft $3,400 April 1, 2026 PH09 - 54 Rainey St 1164 sq ft Model Amenities and Features
Features
- Balcony
Kitchen
- Dishwasher
- Disposal
- Refrigerator
Living Space
- Tile Floors
Model Rent and Fees
Model Price
- $3,400
Fees & Policies
Pet Policy and Fees
Cats
AllowedDogs
AllowedProperty Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.Additional Property Details
Luxury Penthouse for rent in the coveted Milago. Welcome to the epitome of sophisticated urban living. This exquisite 2 bed/ 2 bath Penthouse condo offers high ceilings, plentiful closet space, 2 designated parkings spaces, and fabulous upgrades throughout. Nestled in the heart of Austin's vibrant Rainey Street district, this residence provides direct access to the beloved hike & bike trail, as well as being walking distance from local restaurants, bars and more! Milago amenities include rooftop pool & hot tub, gym, Westside terrace with stunning views of Lady Bird Lake, Wifi Lounge, and bike storage. MLS ID 6227613
Features and Amenities
Recreation and Fitness
- Pool
Interior Features
- Balcony
Kitchen Amenities
- Disposal
- Dishwasher
- Microwave
- Refrigerator
Living Area Features
- Tile Floors
- Carpet
- Hardwood Floors

Map
- Shopping
- Colleges
- Schools
- Grocery
- Medical
- Parks
- Transportation

Map
Points of Interest
Time and distance from 54 Rainey St.
Arts Museums and Landmarks
Big Box and Retail
Walgreens
Goodwill
Walmart
Colleges and Universities
Groceries
Heb
H-E-B
Hospitals
Dell Seton Medical Center At The University Of Texas
Austin Lakes Hospital
St. David's Medical Center
Hotspots
Military Bases
Camp Mabry Military Reserve
Parks and Recreation
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
Shopping Centers
54 Rainey St has 5 shopping centers within 1.1 miles.
Transit Stations
Martin Luther King, Jr. Station-Capital MetroRail
Nearby Neighborhoods
Nearby Apartments
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Austin Studio Apartments | $1,305 | $600 | $5,053 |
| Austin 1 Bedroom Apartments | $1,487 | $423 | $10,000+ |
| Austin 2 Bedroom Apartments | $1,910 | $423 | $10,000+ |
| Austin 3 Bedroom Apartments | $2,325 | $604 | $10,000+ |
| Austin 4 Bedroom Apartments | $1,775 | $489 | $10,000+ |
| Austin 5 Bedroom Apartments | $2,478 | $830 | $10,000+ |
| Austin 6 Bedroom Apartments | $2,861 | $1,249 | $10,000+ |
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