Rainey Street

Austin, TX

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Rainey Street - Austin, TX Area Guide

Austin’s hidden gem on Lady Bird Lake

Historic Riverside Vibrant Convenient Active Laidback

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.

Rent Trends

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

Getting Around

Moderately Walkable

Walkability

70 / 100

Some Public Transit

Transit

50 / 100

Very Drivable

Drivability

80 / 100

Very Bikeable

Bikeability

80 / 100

Daily Essentials

Supermarket Within a 5 Minute Walk

Groceries

90 / 100

Great Restaurant Variety Nearby

Restaurants

80 / 100

Good Café Variety Nearby

Cafes

70 / 100

Good Variety of Shops Nearby

Shopping

70 / 100

Recreation

Exceptional Amount of Park Space Nearby

Parks

100 / 100

Great Wellness Amenity Variety Nearby

Wellness

80 / 100

Local Vibe

Vibrant Atmosphere

Vibrancy

60 / 100

Exceptional Nightlife Variety Nearby

Nightlife

90 / 100

Moderately Noisy

Quiet Score

50 / 100

Points of Interest

Parks and Recreation

  • Lady Bird Lake
  • Blunn Creek Nature Preserve
  • Umlauf Sculpture Garden and Museum
  • Boggy Creek Greenbelt
  • Zilker Botanical Garden

Airports

  • Austin-Bergstrom International

Top Apartments in Rainey Street

Houses for Rent in Rainey Street

Property Management Companies

Search Nearby Rentals

Methodology

† 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.