603010 Davis St
AustinTX78701
Cheap Homes for Rent in Rainey Street Neighborhood of Austin, TX from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Rainey Street area of Austin.
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.
54 Rainey 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.
44 East Ave
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 | $4,833 | $4,500 | $5,500 |
| Rainey Street 3 Bedroom Homes for Rent | $9,000 | $9,000 | $9,000 |
| Rainey Street 5 Bedroom Homes for Rent | $25,000 | $10,000 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Rainey Street Neighborhood of Austin, TX.
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Best Value Apartments for Rent in Rainey Street, TX
As of June 17, 2026 the best value apartment in the Rainey Street area is the $7.76 price per square foot B3P Model at 700 River in the in the Town Lake neighborhood starting from $16,596. 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 | B3P | 2BR,2.5BA | $7.76 |
| Paseo | The Ladybird | 2BR,2.5BA | $25.37 |
| SkyHouse Austin | The Luna | 1BR,1BA | $3.24 |
| The Quincy | A1b | 1BR,1BA | $3.95 |
Frequently Asked Questions about Rainey Street
What type of rentals are currently available in Rainey Street?
There are currently 18 Apartments for Rent in Rainey Street, TX with pricing that ranges from $2,045 to $19,546. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rainey Street ranging from $1,200 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 $1,200 to $25,000 with an average monthly rent of $8,656.
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
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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
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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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
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
Written by: Robin Stewart
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.