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Unit 312
- 2BR, 2BACondo
- $3,225Price
- 1,164Square Feet
- 02-01-2026Availability
Unit 312 Amenities and Features
Features
- Air Conditioning
- Washer/Dryer
Kitchen
- Dishwasher
- Kitchen
Unit 312 Rent and Fees
Unit Price
- $3,225
Deposit
- $3,225 deposit
Schedule a Tour
About 54 Rainey St, Unit 312
Modern Rainey Retreat | Direct Trail Access + Residents-Only Terrace Live at Milago in a beautifully updated 2-bedroom, 2-bath home in the heart of Rainey Street—where downtown convenience meets the outdoors. This 1,164 sq ft residence has an open layout, hardwood floors, and upgraded kitchen and bathrooms. The standout feature: a rare 3rd-floor setting with direct access to a residents-only community terrace and an open, unobstructed outlook—not facing another building or parking garage. Enjoy views over the dog park and quick access to the Lady Bird Lake Trail right outside the building. Home Highlights • Updated kitchen with quartz-style counters, breakfast bar, and stainless appliances • Bright living area with large windows and modern lighting • Two true bedrooms / flexible split layout for guests or a dedicated office • Both bathrooms upgraded with contemporary finishes • Reserved garage parking included • Pet friendly Milago Amenities • Rooftop pool + separate hot tub • 24/7 Concierge, business center, and enclosed lake-facing patio on the lobby level • Fitness center + resident club room • Secure mailroom + package receiving area Steps from Rainey’s restaurants and nightlife, and unmatched for outdoor access—Milago offers one of the most convenient connections to the Lady Bird Lake Trail.
54 Rainey St, Unit 312 is located in the Rainey Street Neighborhood and 78701 Zip code of Austin, TX.
Property Contact Info
Lease Terms
- 12 Month Lease
Fees and Policies
Pet Policy and Fees
Dogs
- Fees Not Specified
Cats
- Fees Not Specified
Parking Info and Fees
- Garage Parking
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
On-Site Services
- Concierge
Community Features
- Business Center
- Elevator
Recreation and Fitness
- Fitness Center
- Walking/Biking Trails
- Pool
Interior Features
- Washer/Dryer
- Air Conditioning
Kitchen Amenities
- Dishwasher
- Kitchen
Living Area Features
- Office
- Hardwood Floors
Outdoor Features
- Patio
Unique Amenities
- Garage Available

Map
- Shopping
- Colleges
- Grocery
- Medical
- Parks
- Transportation

Map
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 54 Rainey St, Unit 312
What type of rentals are available at 54 Rainey St, Unit 312?
There is currently a 2 Bed 2 Bath Condo for rent with 1,164 listed at 54 Rainey St. It is Available February 1, 2026.
How much is the rent at 54 Rainey St, Unit 312?
54 Rainey St, Unit 312 at 54 Rainey St is currently listed at $3,225.
What area of town is 54 Rainey St, Unit 312 located in?
Located in the Rainey Street Neighborhood, 54 Rainey St, Unit 312 is in the 78701 Zip Code of Austin, TX.
Lifestyle Ratings
Learn more about Lifestyle SearchNearby Schools
Mathews Elementary School
Austin High School
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from 54 Rainey St, Unit 312.
Arts Museums and Landmarks
Big Box and Retail
Walgreens
Goodwill
Walmart
Colleges and Universities
Groceries
Heb
H-E-B
Hospitals
Dell Seton Medical Center At The University Of Texas
Austin Lakes Hospital
St. David's Medical Center
Hotspots
Military Bases
Camp Mabry Military Reserve
Parks and Recreation
54 Rainey St, Unit 312 has 5 parks within 2.9 miles, including Umlauf Sculpture Garden, Barton Springs Pool, Deep Eddy, Lions Golf Course, and Hancock Golf Course.
Restaurants and Dining
Shopping Centers
54 Rainey St, Unit 312 has 5 shopping centers within 1.1 miles.
Transit Stations
Martin Luther King, Jr. Station-Capital MetroRail
Nearby Neighborhoods
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Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Austin Studio Apartments | $1,308 | $598 | $3,568 |
| Austin 1 Bedroom Apartments | $1,446 | $600 | $10,000+ |
| Austin 2 Bedroom Apartments | $1,829 | $689 | $10,000+ |
| Austin 3 Bedroom Apartments | $2,256 | $674 | $10,000+ |
| Austin 4 Bedroom Apartments | $1,922 | $489 | $10,000+ |
| Austin 5 Bedroom Apartments | $4,069 | $845 | $10,000+ |
| Austin 6 Bedroom Apartments | $9,405 | $4,500 | $10,000+ |
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