Austin corridor guide
Rainey Street Apartments
Rainey is the high rise pocket where downtown meets the lake trail: towers above the bungalow bars, with the Mexican American Cultural Center and the trail at your door. Inventory is small and mostly new, so pricing swings with each lease up.
8
Communities here
$1,485
Cheapest starting rent
$2,799
Median starting rent
5
Running a special
Deal tracking: 57% of priced communities in Rainey Street are running a move-in special, averaging 7.7 weeks free. 1 community has cut starting rent in the last two weeks.
Apartments near Rainey Street
8 communities tracked in this zone, 7 with current pricing. 8 sit within a half mile of a CapMetro stop, 7 near MetroRail, and 8 within a walkable mile of a full grocery store. Tap any pin for the price and the fastest way to act on it.
Our picks: the best deals in Rainey Street right now
The strongest value in each building class, ranked by real monthly cost: the current special applied to a twelve month lease, per square foot. Refreshed with our daily price checks, so these picks change when the pricing does.
Want to hunt on your own terms? Design your own search: every filter, every community, live pricing. We are local here in Austin and our help is free.
Build my searchIncome restricted
Homes with income limits in Rainey Street
Rents at these homes are set by city and federal programs, and only households under an income limit can rent them. 3 market rate buildings here with some capped homes.
How many people will live in the home?
What does your household earn in a year?
Capped homes are out of reach at most communities, but the buildings with some capped homes still rent their other homes at the regular price, with no income limit.
Tap a number to see your income limit.
For 2 people, yearly household income must be under:
- Homes at the 50% level$53,800
- Homes at the 60% level Most common$64,560
- Homes at the 80% level$85,450
Earn more than $85,450? Most capped homes are out of reach, but the buildings with only some capped homes still rent the rest at market rate.
Every household size
| People | 50% level | 60% level | 80% level |
|---|---|---|---|
| 1 | $47,050 | $56,460 | $74,800 |
| 2 | $53,800 | $64,560 | $85,450 |
| 3 | $60,500 | $72,600 | $96,150 |
| 4 | $67,200 | $80,640 | $106,800 |
| 5 | $72,600 | $87,120 | $115,350 |
| 6 | $78,000 | $93,600 | $123,900 |
City of Austin limits, effective June 1, 2026. A level is a share of the area's median family income ($134,400). Count the gross yearly income of everyone moving in. Seven or more people? The limits keep rising, so ask us. Each community confirms your exact limit when you apply.
Market rate buildings with some capped homes
Some homes rent for less to households under the limit, and the rest have no income limit, so these work whether or not you qualify.
1. The Quincy
From $1,485
Class A+ · Studio to 3 bed
14 of 347 homes capped · 80% level
8 weeks free right now: from $1,257/mo net effective
Read our full review
2. 700 River
From $2,671
Class A+ · Studio to 3 bed
23 of 409 homes capped · 80% level
Up to 10 weeks free right now: from $2,159/mo net effective
Read our full review© Mapbox © Maxar
3. Paseo
From $2,799
Class A+ · Studio to 3 bed
24 of 557 homes capped · 80% level
Accepts Section 8Up to 10 weeks free right now: from $2,262/mo net effective
Ask about pricing and availability
The Downtown market, by building class
Median starting rents and the deal climate for each class of community here, computed 10/15 from our daily price checks. Class A median up $198 since 09/17. Class B median down $16 since 09/17.
AustinApartments.com price ledger, updated daily from data providers, community websites and our own research.
Move-in specials parsed from each community's published offer.
Class A is the newest stock with the most amenities; Class B the solid mid tier; Class C the oldest buildings and lowest prices.
Data reviewed by Ross Quade, Licensed Apartment Locator (TREC #679806)How we get our dataseries banked daily since August 2026
Our full reviews in Rainey Street
Our full walkthrough of each community: true cost, market position, resident reviews, and a tour checklist.
Apartments in Rainey Street
View in MapCommunities we work with
These are some other communities around Rainey Street we partner with and recommend.
Every community we track in Rainey Street
Starting rents from our latest check. Communities with a full review are linked.
- Skyhouse Austin · from $1,740
- The Quincy · from $1,485 · some units income restricted
- 700 River · from $2,671 · some units income restricted
- The Travis · from $2,930
- Bosque Residences · from $3,562
- The Modern Austin Residences · from $3,200
- Paseo · from $2,799 · some units income restricted
- Camden Rainey Street
What's changing in Rainey Street
Active apartment and residential construction permits issued in the past year for this area's zip codes. When a permit lands at a community we already track, we name the community instead of the raw address.
Amenity Deck: Adding a New Kitchen Sink Adding Two New BBQ Grills and Move Two Existing BBQ Grills to Existing The Independent Condominiums
901 Red River St
Project consist of remodel of existing apartment complex including loading dock to gym extend the outdoor deck and added dog wash station
91 Red River St
Demo/remodel of the current outdoor pool on level 12 at The Quincy for apartment use. Demolition permit filed separately 2026 019257 DA -Approved
Live data: City of Austin issued construction permits (dataset 3syk-w9eu), pulled October 15, 2026, refreshed daily.
How this page stays honest
Prices and specials come from data we buy, our own checks of community websites and our team's daily research, never from ads. The deal ranking applies each special to a twelve month lease the same way our review calculators do. Age restricted 55 plus communities and fully income restricted properties are not mixed into these results.
Data reviewed by Ross Quade, Licensed Apartment Locator (TREC #679806)How we get our data
Drive times are one reading with live traffic, taken Tuesday 8:30 AM Central and last measured October 13, 2026. They are not a live lookup and not a weekly average. Leaving at 5pm will run longer. How we get our data.