Paseo
80 Rainey St,
Austin, TX 78701
$2,705 - $26,860 Total Monthly Price
Studio - 3 Beds
Located about one mile southeast of Downtown Austin, Rainey Street is a historic and entertainment district known for its charming bungalows that have been renovated as laidback bars. The neighborhood is brimming with a variety of personality-laden bars and diverse restaurants and food trucks along Rainey Street, the neighborhood’s self-titled avenue and main thoroughfare.
The Rainey Street District offers plenty of ways to enjoy the outdoors, with access to the Colorado River, Lady Bird Lake, the Ann and Roy Butler Hike and Bike Trail, and Waller Beach at Town Lake Metropolitan Park. Rainey Street is also just across the Congress Avenue Bridge from the Statesman Bat Observation Center. Close proximity to Downtown Austin and I-35 makes getting around from Rainey Street easy.
As of April 2026, the average apartment rent in Rainey Street is $2,186 for a studio, $2,985 for one bedroom, $5,824 for two bedrooms, and $9,871 for three bedrooms. Apartment rent in Rainey Street has increased by 1.2% in the past year.
Studio
519 sq ft
Average Sq Ft
$2,186/month
Average Rent
1 BR
765 sq ft
Average Sq Ft
$2,985/month
Average Rent
2 BR
1,242 sq ft
Average Sq Ft
$5,824/month
Average Rent
3 BR
1,991 sq ft
Average Sq Ft
$9,871/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Rainey Street - Austin, TX is for everyday living.
Moderately Walkable
Walkability
Some Public Transit
Transit
Very Drivable
Drivability
Very Bikeable
Bikeability
In Rainey Street - Austin, TX, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
Great Restaurant Variety Nearby
Restaurants
Good Café Variety Nearby
Cafes
Good Variety of Shops Nearby
Shopping
Rainey Street - Austin, TX provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
Great Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Rainey Street - Austin, TX from everyday activity to noise and nightlife.
Vibrant Atmosphere
Vibrancy
Exceptional Nightlife Variety Nearby
Nightlife
Moderately Noisy
Quiet Score
3,491
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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 February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.