Water Marq
300 E Riverside Dr,
Austin, TX 78704
$1,696 - $7,859
Studio - 3 Beds
SoCo, short for South Congress, is a vibrant neighborhood situated just south of Lady Bird Lake along South Congress Avenue. SoCo is revered for its many eclectic offerings, which include one-of-a-kind shops, eateries, music venues, and galleries that all contribute to the neighborhood’s independent spirit.
The residential communities surrounding South Congress Avenue offer a wide variety of rentals, from luxury apartments to cozy condos and everything in between. Renting in this vicinity places residents within minutes of SoCo’s eclectic haunts, bustling Downtown Austin, and countless scenic parks and greenbelts like the Williamson Creek Greenbelt, Mabel Davis District Park, Zilker Metropolitan Park, Barton Creek Greenbelt, and McKinney Falls State Park.
As of January 2026, the average apartment rent in SoCo is $1,339 for a studio, $1,950 for one bedroom, $2,995 for two bedrooms, and $4,547 for three bedrooms. Apartment rent in SoCo has decreased by -4.4% in the past year.
Studio
513 sq ft
Average Sq Ft
$1,339/month
Average Rent
1 BR
747 sq ft
Average Sq Ft
$1,950/month
Average Rent
2 BR
1,168 sq ft
Average Sq Ft
$2,995/month
Average Rent
3 BR
1,485 sq ft
Average Sq Ft
$4,547/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.
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
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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 November 2025.