603 Davis St
AustinTX78701
Cheap Homes for Rent in Rainey Street Neighborhood of Austin, TX from $1,600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Rainey Street area of Austin.
603 Davis St
AustinTX78701
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.
70 Rainey St, Unit 1307
70 Rainey St
AustinTX78701
92 Red River St
AustinTX78701
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.
40 N Interstate Hwy 35
AustinTX78701
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Rainey Street, Austin, TX Local Guide
How much does it cost to rent a home in Rainey Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rainey Street 2 Bedroom Homes for Rent | $5,120 | $2,295 | $7,650 |
| Rainey Street 3 Bedroom Homes for Rent | $9,162 | $4,350 | $10,000+ |
| Rainey Street 5 Bedroom Homes for Rent | $25,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Studio unit found at The Quincy priced from $1,580. SkyHouse Austin has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,965. 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 | $1,580 |
| SkyHouse Austin | 11F1 | 1BR,1BA | $1,965 |
| Windsor on the Lake | A3 | 1BR,1BA | $2,000 |
Best Value Apartments for Rent in Rainey Street, TX
As of January 09, 2026 the best value apartment in the Rainey Street area is the $3.50 price per square foot A2A Model at Windsor on the Lake in the in the Town Lake neighborhood starting from $2,535. The second greatest value Rainey Street apartment is the 11F1 Model at SkyHouse Austin starting at $1,965 with a $3.00 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. |
|---|---|---|---|
| Windsor on the Lake | A2A | 1BR,1BA | $3.50 |
| SkyHouse Austin | 11F1 | 1BR,1BA | $3.00 |
| 700 River | S2 | Studio ,1BA | $6.17 |
| The Quincy | S2 | Studio ,1BA | $3.81 |
Frequently Asked Questions about Rainey Street
What type of rentals are currently available in Rainey Street?
There are currently 19 Apartments for Rent in Rainey Street, TX with pricing that ranges from $1,723 to $11,318. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rainey Street ranging from $1,650 to $25,000.
What is the current price range for Rental Homes in Rainey Street?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rainey Street ranges from $1,650 to $25,000 with an average monthly rent of $8,876.
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
Written by: Raul Mercado
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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!