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Rent Specials
$1,895 - $5,175Studio 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 (11 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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1 Bedroom Apartments
Natiivo Austin
48 East AveAustin, TX 78701
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2 Bedroom Apartments
Milago Condominiums
54 Rainey 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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1 Bedroom Apartments
44 East Ave
44 East AveAustin, TX 78701
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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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Studio to 2 Bedroom Apartments
Waterline
98 Red River StAustin, TX 78701
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1 to 3 Bedroom Apartments
Windsor on the Lake
43 Rainey StAustin, TX 78701
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Studio to 2 Bedroom Apartments
Lakeside Apartments
85 Trinity StAustin, TX 78701
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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 | $2,569 | $1,895 | $3,079 |
| Rainey Street 1 Bedroom Apartments | $3,864 | $2,155 | $10,000+ |
| Rainey Street 2 Bedroom Apartments | $6,437 | $2,595 | $10,000+ |
| Rainey Street 3 Bedroom Apartments | $8,740 | $4,090 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 11 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 SkyHouse Austin priced from $2,155. The Quincy has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,573. Here are the most affordable Rainey Street apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SkyHouse Austin | The Luna | 1BR,1BA | $2,155 |
| The Quincy | A4a | 1BR,1BA | $2,573 |
| Paseo | The Zilker | Studio,1BA | $2,741 |
| 700 River | S2 | Studio,1BA | $3,096 |
Best Value Apartments for Rent in Rainey Street, TX
As of March 07, 2026 the best value apartment in the Rainey Street area is the $7.53 price per square foot B2P Model at 700 River in the in the Town Lake neighborhood starting from $14,651. The second greatest value Rainey Street apartment is the The Ladybird Model at Paseo starting at $26,759 with a $15.00 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 | $7.53 |
| Paseo | The Ladybird | 2BR,2.5BA | $15.00 |
| The Quincy | A2a | 1BR,1BA | $3.80 |
| SkyHouse Austin | The Altair | 1BR,1BA | $3.47 |
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 Paseo listed at $2,741.
How much is rent for a Cheap One Bedroom Rainey Street Apartment?
The lowest price for a Cheap One Bedroom Rainey Street Apartment is $2,155 at SkyHouse Austin.
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 $2,595 at SkyHouse Austin.
What is the most affordable Rainey Street Three Bedroom Apartment?
The best deal on a cheap Rainey Street Three Bedroom Apartment rental is at The Quincy and starts from $4,570.
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.
Helpful Local Expert Guides
The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.
Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin
Written by: Raul Mercado
For many people the College years are some of the best years of your life. And you can certainly make the most of those years by finding the perfect place around your campus to call home.
Beyond "Keep Austin Weird": Your Insiders Ultimate Guide to Renting and Living in Austin, Texas
Written by: Raul Mercado
Hi, I’m Raul, the ApartmentHomeLiving.com Local Guide for Austin. I’ve called the area home long enough to know all the shortcuts and best places to check out and am happy to share them with you today.
Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers
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Hello! I’m Raul, your ApartmentHomeLiving.com local expert for Austin, Texas. I’ve spent years exploring Austin’s neighborhoods throughout my time living in this great city in different apartments and homes.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.