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Rent Specials
$1,735 - $5,150Studio to 3 Bedroom Apartments Available Now
SkyHouse Austin
51 Rainey StAustin, TX 78701
Cheap Apartments for Rent in the Rainey Street Neighborhood of Austin, TX from $1,400 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rainey Street area of Austin.
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1 to 3 Bedroom Apartments
70 Rainey St
70 Rainey StAustin, TX 78701
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2 Bedroom Apartments
Towers Of Town Lake
40 N Interstate 35Austin, TX 78701
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2 Bedroom Apartments
Milago Condominiums
54 Rainey StAustin, TX 78701
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1 Bedroom Apartments
44 East Ave
44 East AveAustin, TX 78701
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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Studio Apartments
99 Trinity Tower
99 Trinity StAustin, TX 78701
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Studio to 3 Bedroom Apartments
The Quincy
91 Red River StAustin, TX 78701
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1 to 3 Bedroom Apartments
Bosque Residences
98 Red River StAustin, TX 78701
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1 to 3 Bedroom Apartments
Windsor on the Lake
43 Rainey StAustin, TX 78701
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Studio to 2 Bedroom Apartments
Lakeside Apartments
85 Trinity StAustin, TX 78701
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Rainey Street, Austin, TX Local Guide
How much does it cost to rent an apartment in Rainey Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rainey Street Studio Apartments | $2,196 | $1,735 | $2,427 |
| Rainey Street 1 Bedroom Apartments | $4,126 | $2,125 | $6,681 |
| Rainey Street 2 Bedroom Apartments | $7,642 | $2,915 | $10,000+ |
| Rainey Street 3 Bedroom Apartments | $12,184 | $4,370 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Rainey Street Neighborhood of Austin, TX.
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Cheapest Available Rainey Street Apartments for Rent
The cheapest available apartment rental in the Rainey Street area of Austin, TX is a 1 Bed unit found at The Quincy priced from $2,047. SkyHouse Austin has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,125. Here are the most affordable Rainey Street apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Quincy | A1b | 1BR,1BA | $2,047 |
| SkyHouse Austin | The Luna | 1BR,1BA | $2,125 |
| 700 River | S2 | Studio,1BA | $2,217 |
Best Value Apartments for Rent in Rainey Street, TX
As of June 06, 2026 the best value apartment in the Rainey Street area is the $7.68 price per square foot B2P Model at 700 River in the in the Town Lake neighborhood starting from $14,946. The second greatest value Rainey Street apartment is the The Ladybird Model at Paseo starting at $45,259 with a $25.37 price per square foot in the Town Lake neighborhood. Here is today’s list of the best values for Rainey Street apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 700 River | B2P | 2BR,2.5BA | $7.68 |
| Paseo | The Ladybird | 2BR,2.5BA | $25.37 |
| The Quincy | A1b | 1BR,1BA | $3.19 |
| SkyHouse Austin | The Horizon | Studio ,1BA | $3.56 |
Frequently Asked Questions about Cheap Rainey Street Apartments
What is the Cheapest Studio apartment in Rainey Street?
Currently the most affordable Cheap Studio Apartment in Rainey Street is at SkyHouse Austin listed at $2,200.
How much is rent for a Cheap One Bedroom Rainey Street Apartment?
The lowest price for a Cheap One Bedroom Rainey Street Apartment is $2,047 at The Quincy.
What is the lowest price for a Cheap Two Bedroom Rainey Street Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rainey Street is starting from $4,804 at Paseo.
What is the most affordable Rainey Street Three Bedroom Apartment?
The best deal on a cheap Rainey Street Three Bedroom Apartment rental is at Paseo and starts from $8,971.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
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The 10 Best Affordable Neighborhoods in Austin, TX
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.