54 Rainey St # 1018 Austin, TX $ 5,995
54 Rainey St # 1018
$ 5,995
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54 Rainey St # 1018

Austin, TX, 78701
$ 5,995
Bedrooms3 Baths2.1 Sq 1,956
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Property for Rent in Austin, TX

for $5,995 with 3 bedrooms and 2 full baths, 1 half bath. This 1,956 square foot property was built in 2005 on a lot size of 0.0113.

Ideally situated on a high floor of the Milago, this expansive 1,956 SF corner residence offers unobstructed views of the Austin skyline and Lady Bird Lake. With a flexible layout featuring three bedrooms (or two with home office/study) this home is thoughtfully designed for both comfort and sophistication. The open-concept living and dining areas flow into the kitchen with generous counter space, stainless steel appliances, and a large pantry. The primary suite is a true retreat, complete with a walk-in closet, private balcony, and a spacious spa-like bath featuring a soaking tub, glass-enclosed shower, dual vanity, and great storage. The second bedroom includes its own en-suite bath, providing comfort and privacy for guests. Additional features include two reserved parking spaces and a private storage unit. Perhaps one of the best secrets in town, The Milago is located on the quiet end of Rainey Street with direct access to the Hike & Bike Trail while being steps away from restaurants, bars, and entertainment, offering a rare balance of lakeside calm and downtown connectivity. The building's full-service amenities include a 24-hour concierge, rooftop pool and spa, fitness center, business center, third-floor terrace with BBQ and seating, and secure bike storage. Also available for sale.

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Rental Active

Price

$ 5,995

Bedrooms

3

Full Bath

2

Half Bath

1

Taxes

$ 0

Style

Condominium

Lot Size

0.0113

Year Built

2005

Town/City

Austin

County/Region

Travis

MLS | Web ID

4971034

Features
General
Living Area 1956
Sewer See Remarks
Cooling See Remarks
Utilities See Remarks
Appliances Built-In Electric Range Dishwasher
Garage Spaces 2
Pool Features None
Security Features See Remarks
Pets Allowed Call Negotiable
Year Built 2005
Levels One
Unit Number 1018
Property Subtype Condominium
Community Features BBQ Pit/Grill Bike Storage/Locker Business Center Concierge Fitness Center Garage Parking Pool Trail(s)
Accessibility See Remarks
County Travis
New Construction N
Property Type Residential Lease
Subdivision Name Milago Condo Amd
Facing Direction Northwest
Full Baths 2
Status Active
Directions Head south on Rainey Street. Milago is the last building on the right.
High School Austin
City Austin
Disclosures None
Number Of Units Total 240
MLS Area DT
Lot Size Square Feet 492.23
Elementary School Mathews
Middle/Junior High School O Henry
Ok to Lease 12 Months
Availability Date 2025-11-05
Standard Status Active
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Interior
Interior Amenities See Remarks
Flooring See Remarks
Half Baths 1
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 3
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Exterior
Exterior Amenities Balcony
Parking Features Garage Reserved
Lot Features See Remarks
Total Parking 2
Lot Size Acres 0.0113
Waterfront Y/N N
Covered Spaces 2
Horse Y/N N
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Internal Only
Street Number 1 54
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* Excluded Features
List By
Karen Prager

Listing Agent

Urbanspace

Broker

karen@urbanspacerealtors.com

Email

Nearby
4360597 Elementary School
4360311 Middle School
Austin High School High School
Pricing History
DatePricePrice ChangeDescription
12/4/2025$5,995 -7.77% Price Down
11/19/2025$6,500 -13.33% Price Down
11/5/2025$7,500 -6.07% Price Down
10/30/2025$7,985 Listed Price

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54 Rainey St # 1018, Austin, TX, 78701 is a Property for Rent at $5,995 with 1,956 sqft and a lot size of 0.0113. 54 Rainey St # 1018 has 3 bedrooms, 2.1 baths, and was built in 2005. The property's zip code is 78701 which is in Austin, TX