$7,985 / Month

54 Rainey St Unit 1018

,

Austin, TX 78701

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917-363-6023
  • Bedrooms

    3

  • Bathrooms

    3

  • Square Feet

    1,956 sq ft

  • Available

    Available Nov 5

Highlights

  • Concierge
  • Fitness Center
  • Community Pool
  • Business Center
  • Bike Room
  • Balcony
54 Rainey St Unit 1018
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About This Home

Available Nov 5

Ideally situated on a high floor of the Milago, this expansive 1,956 SF corner residence offers unobstructed views of the Austin skyline and Lady Bird Lake. With a flexible layout featuring three bedrooms (or two with home office or study) this home is thoughtfully designed for both comfort and sophistication. The open-concept living and dining areas flow into the kitchen with generous counter space, stainless steel appliances, and a large pantry. The primary suite is a true retreat, complete with a walk-in closet, private balcony, and a spacious spa-like bath featuring a soaking tub, glass-enclosed shower, dual vanity, and great storage. The second bedroom includes its own en-suite bath, providing comfort and privacy for guests. Additional features include two reserved parking spaces and a private storage unit. Perhaps one of the best secrets in town, The Milago is located on the quiet end of Rainey Street with direct access to the Hike & Bike Trail while being steps away from restaurants, bars, and entertainment, offering a rare balance of lakeside calm and downtown connectivity. The building's full-service amenities include a 24-hour concierge, rooftop pool and spa, fitness center, business center, third-floor terrace with BBQ and seating, and secure bike storage. Also available for sale.

54 Rainey St is a condo located in Travis County and the 78701 ZIP Code.

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Home Details

Home Type

Condominium

Year Built

Built in 2005

Bedrooms and Bathrooms

3 Main Level Bedrooms 2.5 Bathrooms

Interior Spaces

1-Story Property 1,956 Sq Ft Home

Kitchen

Built-In Electric Range Dishwasher

Listing and Financial Details

Security Deposit $7,985 12 Month Lease Term $75 Application Fee Assessor Parcel Number 02030313820000 Tenant pays for all utilities The owner pays for association fees

Lot Details

492 Sq Ft Lot Northwest Facing Home

Outdoor Features

Balcony

Parking

2 Car Garage Community Parking Structure Reserved Parking

Schools

Mathews Elementary School O Henry Middle School Austin High School

Community Details

Amenities

Concierge Business Center Bike Room Community Barbecue Grill

Overview

240 Units Milago Condo Amd Subdivision

Pet Policy

Pets allowed on a case-by-case basis Pet Deposit $500

Recreation

Fitness Center Community Pool Trails

Milago Condominiums

240 Units 13 Stories Built in 2005 339,418 Sq Ft

Milago Condominiums, designed by WDG, stands as a 13-story residential building completed in 2005. Located in the vibrant Rainey Street Historic District of Austin, this building offers 240 units that blend modern design with the lively atmosphere of downtown. The building's architecture features a mix of curved and angular facades, combining brick and stucco exteriors, which complement the dynamic surroundings. Milago provides a unique opportunity to experience urban living with direct access to Lady Bird Lake and the Ann and Roy Butler Hike-and-Bike Trail.

Learn more about Milago Condominiums

Contact

  • Listed by Karen Prager | Urbanspace
  • Phone Number
  • Contact
  • Source
    Austin Board of REALTORS®
The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. ABoR, ACTRIS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law. Copyright © 2025.
Amenities
  • Dishwasher
  • Balcony
Neighborhood

The stunning Texas Capitol towers over the landscape of Downtown Austin, quite possibly the hottest neighborhood in one of America’s favorite cities. Austin’s truly legendary nightlife scene is certainly not restricted to the famous 6th Street, although this particular Downtown thoroughfare definitely has its share of noteworthy watering holes. Live music is an integral element of the city, and nowhere is this more apparent than Downtown, where stages and venues of every description kick out a variety of tunes every night of the week. And of course, living in Downtown Austin comes with the benefit of one of America’s best selections of food, from exceptional local favorites like barbecue and Tex-Mex to eclectic food trucks and exotic international fare.

From a more practical standpoint, living in Downtown Austin puts you right at the heart of the city’s thriving business and government centers, meaning that many locals live near enough to walk or bike to work.

Learn more about living in Texas Capital 
Education
Colleges & Universities Distance
Colleges & Universities Distance
Drive: 5 min 2.3 mi
Drive: 5 min 2.6 mi
Drive: 6 min 2.9 mi
Drive: 6 min 3.0 mi
54 Rainey St Unit 1018 is within 5 minutes or 2.6 miles from Austin C.C., Rio Grande Campus. It is also near University of Texas at Austin and Austin C.C., Eastview Campus.
Transportation

Transportation options available in Austin include Downtown Station, located 0.6 mile from 54 Rainey St Unit 1018. 54 Rainey St Unit 1018 is near Austin-Bergstrom International, located 11.7 miles or 22 minutes away.

Transit / Subway Distance
Transit / Subway Distance
Walk: 10 min 0.6 mi
Drive: 3 min 1.2 mi
Drive: 6 min 3.2 mi
Drive: 8 min 5.5 mi
Drive: 11 min 6.5 mi
Commuter Rail Distance
Commuter Rail Distance
Drive: 6 min 1.7 mi
Drive: 36 min 30.3 mi
Drive: 45 min 36.5 mi
Airports Distance
Airports Distance
Austin-Bergstrom International
Drive: 22 min 11.7 mi
Very Walkable
88
Walk Score®
Out of 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
60
Transit Score®
Out of 100
The area around this property has good transit with many nearby transportation options.
Biker's Paradise
91
Bike Score®
Out of 100
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
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-
Soundscore
Out of 100

Traffic:

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Airport:

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Businesses:

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Points of Interest

Time and distance from 54 Rainey St Unit 1018.

Shopping Centers Distance
Shopping Centers Distance
Walk: 14 min 0.7 mi
Walk: 17 min 0.9 mi
Drive: 3 min 1.2 mi
54 Rainey St Unit 1018 has 3 shopping centers within 1.2 miles, which is about a 3-minute walk. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Lady Bird Lake
Drive: 3 min 1.6 mi
Umlauf Sculpture Garden and Museum
Drive: 7 min 2.5 mi
Blunn Creek Nature Preserve
Drive: 4 min 2.5 mi
Zilker Botanical Garden
Drive: 7 min 2.9 mi
Boggy Creek Greenbelt
Drive: 6 min 3.2 mi
54 Rainey St Unit 1018 has 5 parks within 3.2 miles, including Lady Bird Lake, Umlauf Sculpture Garden and Museum, and Blunn Creek Nature Preserve.
Hospitals Distance
Hospitals Distance
Drive: 3 min 1.6 mi
Drive: 4 min 2.6 mi
Drive: 5 min 2.7 mi
54 Rainey St Unit 1018 has 3 hospitals within 2.7 miles, the nearest is Dell Seton Medical Center at The University of Texas which is 1.6 miles away and a 3 minute drive.
Military Bases Distance
Military Bases Distance
Drive: 78 min 65.2 mi
Drive: 107 min 92.7 mi
54 Rainey St Unit 1018 is 65.2 miles from Randolph Air Force Base, and is convenient to other military bases, including Camp Bullis Military Training Reservation.

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