Last Updated: 2 Days Ago

Monthly Rent

$3,225

Beds

2

Baths

2

* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Note: Prices and availability subject to change without notice.

Lease Terms

Contact office for Lease Terms

About 54 Rainey St

Modern Rainey Retreat | Direct Trail Access + Residents-Only Terrace Live at Milago in a beautifully updated 2-bedroom, 2-bath home in the heart of Rainey Street—where downtown convenience meets the outdoors. This 1,164 sq ft residence has an open layout, hardwood floors, and upgraded kitchen and bathrooms. The standout feature: a rare 3rd-floor setting with direct access to a residents-only community terrace and an open, unobstructed outlook—not facing another building or parking garage. Enjoy views over the dog park and quick access to the Lady Bird Lake Trail right outside the building. Home Highlights     •    Updated kitchen with quartz-style counters, breakfast bar, and stainless appliances     •    Bright living area with large windows and modern lighting     •    Two true bedrooms / flexible split layout for guests or a dedicated office     •    Both bathrooms upgraded with contemporary finishes     •    Reserved garage parking included     •    Pet friendly Milago Amenities     •    Rooftop pool + separate hot tub     •    24/7 Concierge, business center, and enclosed lake-facing patio on the lobby level     •    Fitness center + resident club room     •    Secure mailroom + package receiving area Steps from Rainey’s restaurants and nightlife, and unmatched for outdoor access—Milago offers one of the most convenient connections to the Lady Bird Lake Trail.

54 Rainey St is located in Austin, Texas in the 78701 zip code.

$3,611 / month $346,700 Listing Price
2 Beds |2 Baths | 1,288 Sq Ft
$3,465 / month $385,000 Listing Price
2 Beds |2 Baths | 956 Sq Ft
$2,546 / month $325,000 Listing Price
2 Beds |2 Baths | 1,112 Sq Ft

Community Features

  • Elevator
  • Business Center
  • Fitness Center
  • Pool
  • Walking/Biking Trails

Floorplan Amenities

  • High Speed Internet Access
  • Wi-Fi
  • Washer/Dryer
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Dishwasher
  • Kitchen
  • Hardwood Floors
  • Tile Floors
  • Office
  • Walk-In Closets
  • Large Bedrooms
  • Patio

Parking

  • Garage Parking

Security

  • Concierge

Pet Policy

  • Dogs and Cats Allowed

Airport

  • Austin-Bergstrom International

    Drive: 23 min 11.7 mi

Commuter Rail

  • Austin

    Drive: 6 min 1.8 mi

Transit / Subway

  • Downtown Station

    Walk: 12 min 0.7 mi
  • Plaza Saltillo Station

    Drive: 3 min 1.2 mi
  • M L King Jr Station

    Drive: 6 min 3.2 mi
  • Highland Station

    Drive: 9 min 5.6 mi
  • Crestview Station

    Drive: 11 min 6.6 mi

Universities

Parks & Recreation

  • Lady Bird Lake

    Drive: 4 min 1.7 mi
  • Umlauf Sculpture Garden and Museum

    Drive: 7 min 2.6 mi
  • Blunn Creek Nature Preserve

    Drive: 5 min 2.6 mi
  • Zilker Botanical Garden

    Drive: 8 min 2.9 mi
  • Boggy Creek Greenbelt

    Drive: 6 min 3.3 mi

Shopping Centers & Malls

Military Bases

Schools

GreatSchools Rating

Private Elementary, Middle & High School

515 Students
512-623-5406
Grades PK-12

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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