700 River
700 River St,
Austin, TX 78701
$3,700 - $19,546 Total Monthly Price
Studio - 3 Beds
Area Guide
Rainey Street Austin, TX
Austin’s hidden gem on Lady Bird Lake
Historic
•
Riverside
•
Vibrant
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 June 2026, the average apartment rent in Rainey Street is $2,199 for a studio, $3,297 for one bedroom, $7,089 for two bedrooms, and $12,268 for three bedrooms. Apartment rent in Rainey Street has increased by 2.7% in the past year.
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Studio
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519 sq ft
Average Sq Ft
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$2,199/month
Average Rent
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1 BR
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776 sq ft
Average Sq Ft
-
$3,297/month
Average Rent
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2 BR
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1,344 sq ft
Average Sq Ft
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$7,089/month
Average Rent
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3 BR
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2,055 sq ft
Average Sq Ft
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$12,268/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Rainey Street - Austin, TX is for everyday living.
Moderately Walkable
Walkability
70
/ 100
Some Public Transit
Transit
50
/ 100
Very Drivable
Drivability
80
/ 100
Very Bikeable
Bikeability
80
/ 100
Daily Essentials
In Rainey Street - Austin, TX, daily errands are quick and hassle-free.
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
Rainey Street - Austin, TX provides ample green space and fitness centers within easy reach.
Exceptional Amount of Park Space Nearby
Parks
100
/ 100
Great Wellness Amenity Variety Nearby
Wellness
80
/ 100
Local Vibe
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
60
/ 100
Exceptional Nightlife Variety Nearby
Nightlife
90
/ 100
Moderately Noisy
Quiet Score
50
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Lady Bird Lake
- Blunn Creek Nature Preserve
- Umlauf Sculpture Garden and Museum
- Boggy Creek Greenbelt
- Zilker Botanical Garden
Commuter Rail
Airports
- Austin-Bergstrom International
Top Apartments in Rainey Street
Houses for Rent in Rainey Street
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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 June 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.