The Mercury
601 Cardinal Ln,
Austin, TX 78704
$1,174 - $4,400 | 1-3 Beds
Wedged between some of Austin's most buzzed-about neighborhoods like Travis Heights, South Congress, Bouldin, and South Lamar, Dawson is a laid-back neighborhood. Since Dawson is surrounded by such popular neighborhoods, one of its biggest allures is its prime location. Dawson is home to St. Edward's University and is only 16 minutes from downtown Austin. There are several shopping centers nearby as well.
While living in one of Dawson’s apartments puts you near the never-ending action of South Congress, Dawson's quiet-but-trendy hangouts may end up being your favorite. The area has several popular pubs, coffee shops, and diverse eateries. Dawson houses the very first Summer Moon location, a very popular coffee franchise in Texas. Try delicious Hawaiian flavors at Poke-Poke or authentic Cuban food at Habana Restaurant & Bar.
Renting in Dawson provides a wooded, quieter community with easy access to everything Austin. There are low-rise and mid-rise apartments for rent here. Downtown is just two miles north, and all of the parks along the Colorado River are minutes away. On the west side of Dawson, Barton Creek Greenbelt offers a beautiful hiking trail, rock climbing, bicycling paths, and swimming. Dawson is the perfect place if you want urban living in a calmer environment.
As of August 2025, the average apartment rent in Dawson is $1,398 for one bedroom, and $1,882 for two bedrooms. Apartment rent in Dawson has increased by 0.3% in the past year.
1 BR
679 sq ft
Average Sq Ft
$1,398/month
Average Rent
2 BR
1,062 sq ft
Average Sq Ft
$1,882/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
out of 100 TransitScore® Rating
The area around this property has good transit with many nearby transportation options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.