• Primary Photo - 54 Rainey St
  • Building Photo - 54 Rainey St
    Building Photo - 54 Rainey St
  • Building Photo - 54 Rainey St
    Building Photo - 54 Rainey St
$3,295 / Month

54 Rainey St Unit 518

,

Austin, TX 78701

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Edit Commute

Under 30 minutes

Commute Time is calculated at rush hour.
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512-921-8640

  • Bedrooms

    2

  • Bathrooms

    2

  • Square Feet

    1,164 sq ft

  • Available

    Available Now

Highlights

  • Concierge
  • Lake Front
  • Fitness Center
  • Building Security
  • In Ground Pool
  • Gated Community
54 Rainey St Unit 518
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About This Home

Available Now

Located within Austin’s Rainey Street District, walking distance to Austin’s Butler Hike trail, easy access to upscale dinning and entertainment, this beauty offers views of the most desirable city in America! Escape the busy city life in this Oasis located on the 5th floor at Milago. This spacious condo is a 2BED/2 BATH open floor plan for anyone looking to live in the heartbeat of Austin. Condo includes: 24 hour concierge service, 24 hour access to all amenities, stainless steel appliances, 2 reserved garage parking spots, and a private balcony. MLS ID 6804395

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 2006

Accessible Home Design

Accessible Common Area

Bedrooms and Bathrooms

Walk-In Closet 2 Main Level Bedrooms 2 Full Bathrooms

Flooring

Wood Tile

Home Design

Masonry Siding Stone Veneer Slab Foundation

Interior Spaces

Open Floorplan Recessed Lighting 1-Story Property Track Lighting Ceiling Fan Window Screens 1,164 Sq Ft Home

Kitchen

Granite Countertops Stainless Steel Appliances Breakfast Bar Oven Free-Standing Range Microwave Dishwasher Disposal

Laundry

Laundry closet Washer

Listing and Financial Details

Security Deposit $3,995 Negotiable Lease Term $75 Application Fee Assessor Parcel Number 02030312660000 Tenant pays for all utilities The owner pays for association fees

Lot Details

Lake Front 305 Sq Ft Lot Mature Trees Wooded Lot Northeast Facing Home Dense Growth Of Small Trees

Outdoor Features

Balcony

Parking

2 Car Garage Community Parking Structure Assigned Parking

Pool

In Ground Pool

Schools

Mathews Elementary School O Henry Middle School Austin High School

Utilities

Central Heating and Cooling System Vented Exhaust Fan

Views

City Views

Community Details

Amenities

Concierge Clubhouse Planned Social Activities Community Kitchen Meeting Room Picnic Area Community Storage Space Common Area Community Mailbox Recycling

Overview

Community Lake 75 Units Property has a Home Owners Association Milago Condo Amd Subdivision

Pet Policy

Pet Amenities Dogs and Cats Allowed Breed Restrictions Small pets allowed Pet Deposit $150

Recreation

Fitness Center Community Pool Park Trails

Security

Building Security Gated Community Resident Manager or Management On Site

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

  • Dogs
    • Allowed
  • Cats
    • Allowed

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.

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 Michael Garcia | Metro 512 Realty
  • 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 © 2026.
Location Get Directions
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 
Amenities
  • Dishwasher
  • Disposal
  • Microwave
  • Hardwood Floors
  • Tile Floors
  • Balcony
  • Pool
Education
Colleges & Universities Distance
Colleges & Universities Distance
University of Texas at Austin
Drive: 5 min 2.3 mi
Austin C.C., Rio Grande Campus
Drive: 5 min 2.6 mi
Austin C.C., Eastview Campus
Drive: 6 min 2.9 mi
St. Edward's University
Drive: 6 min 3.0 mi
54 Rainey St Unit 518 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 518. 54 Rainey St Unit 518 is near Austin-Bergstrom International, located 11.7 miles or 22 minutes away.

Transit / Subway Distance
Transit / Subway Distance
Downtown Station
Walk: 10 min 0.6 mi
Plaza Saltillo Station
Drive: 3 min 1.2 mi
M L King Jr Station
Drive: 6 min 3.2 mi
Highland Station
Drive: 8 min 5.5 mi
Crestview Station
Drive: 11 min 6.5 mi
Commuter Rail Distance
Commuter Rail Distance
Austin
Drive: 6 min 1.7 mi
San Marcos Amtrak
Drive: 36 min 30.3 mi
Taylor Amtrak
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.
-
-
Soundscore™
Out of 100

Traffic:

-

Airport:

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Businesses:

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Score provided by

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Points of Interest

Time and distance from 54 Rainey St Unit 518.

Shopping Centers Distance
Shopping Centers Distance
805 & 809 E 6th St
Walk: 14 min 0.7 mi
6th & Congress
Walk: 17 min 0.9 mi
Pecan Business Square
Drive: 3 min 1.2 mi
54 Rainey St Unit 518 has 3 shopping centers within 1.2 miles, which is about a 3-minute drive. 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 518 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
Dell Seton Medical Center at The University of Texas
Drive: 3 min 1.6 mi
Austin Lakes Hospital
Drive: 4 min 2.6 mi
St. David's Medical Center
Drive: 5 min 2.7 mi
54 Rainey St Unit 518 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
Randolph Air Force Base
Drive: 78 min 65.2 mi
Camp Bullis Military Training Reservation
Drive: 107 min 92.7 mi
54 Rainey St Unit 518 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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