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$1,930 - $5,585Studio 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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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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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 | $2,373 | $1,930 | $2,712 |
| Rainey Street 1 Bedroom Apartments | $3,886 | $2,260 | $6,312 |
| Rainey Street 2 Bedroom Apartments | $5,960 | $2,905 | $7,637 |
| Rainey Street 3 Bedroom Apartments | $9,508 | $4,770 | $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.
See all Apartments in AustinExplore Austin
Rainey Street, Austin, TX Local Guide
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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 Studio unit found at The Quincy priced from $1,465. SkyHouse Austin has the second lowest priced unit, which is a Studio apartment currently listed from $1,930. Here are the most affordable Rainey Street apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Quincy | S2 | Studio,1BA | $1,465 |
| SkyHouse Austin | 01F1 | Studio,1BA | $1,930 |
| 700 River | S2 | Studio,1BA | $3,165 |
Best Value Apartments for Rent in Rainey Street, TX
As of October 09, 2025 the best value apartment in the Rainey Street area is the $7.03 price per square foot B1P Model at 700 River in the in the Town Lake neighborhood starting from $11,070. The second greatest value Rainey Street apartment is the The Lustre Model at Paseo starting at $3,765 with a $4.70 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 | B1P | 2BR,2.5BA | $7.03 |
| Paseo | The Lustre | 1BR,1BA | $4.70 |
| SkyHouse Austin | 11F1 | 1BR,1BA | $3.45 |
| The Quincy | A1b | 1BR,1BA | $4.08 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleRainey Street, Austin, TX
Ranked #61
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Rainey Street Neighborhood in Austin, TX
Walk Score®
89 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
94 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
62 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Rainey Street Apartments
How much is rent for a Cheap One Bedroom Rainey Street Apartment?
The lowest price for a Cheap One Bedroom Rainey Street Apartment is $2,217 at The Quincy.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.