
54 Rainey St, Austin, TX 78701
What This Condo Offers
Luxury Penthouse for rent in the coveted Milago. Welcome to the epitome of sophisticated urban living. This exquisite 2 bed/ 2 bath Penthouse condo offers high... ceilings, plentiful closet space, 2 designated parkings spaces, and fabulous upgrades throughout. Nestled in the heart of Austin's vibrant Rainey Street district, this residence provides direct access to the beloved hike & bike trail, as well as being walking distance from local restaurants, bars and more! Milago amenities include rooftop pool & hot tub, gym, Westside terrace with stunning views of Lady Bird Lake, Wifi Lounge, and bike storage. MLS ID 6227613
Unit PH09
- $3,400 / month
- 2 Beds
- 2 Baths
- 1164 sq. ft.
- Available Apr 1
Condo Features
- Balcony
- Dishwasher
- Disposal
- Refrigerator
- Tile Floors
54 Rainey St Unit PH09 is a condo for rent in Austin, TX
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Dogs
- Dogs Allowed
Cats
- Cats Allowed
Property Fee Disclaimer Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Condo Details
Home Design
- Built in 2005
- Condominium
Interior Spaces
- Open Floorplan
- High Ceiling
- 1-Story Property
- 1164 Sq Ft Home
Kitchen
- Open to Family Room
- Built-In Range
- Breakfast Bar
- Kitchen Island
- Dishwasher
- Disposal
Flooring
- Tile Flooring
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Double Vanity
- Walk-In Closet
- 2 Full Bathrooms
- 2 Bedrooms | 2 Bathrooms
Laundry
- Dryer
- Washer
Parking
- Community Parking Structure
- 2 Car Garage
Outdoor Features
- Balcony
Lot Details
- 292 Sq Ft Lot
- East Facing Home
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Air
- Electricity Connected
- Natural Gas Connected
- Water Connected
- Public Sewer
Listing and Financial Details
- Security Deposit $3,400
- 12 Month Lease Term
- $35 Application Fee
- Assessor Parcel Number 02030314330000
- Tenant pays for all utilities
- The owner pays for association fees
Community Details
Overview
- 240 Units
- Property has a Home Owners Association
- Milago Condo Amd Subdivision
Amenities
- Rooftop Deck
- Clubhouse
- Community Barbecue Grill
- Courtyard
- Community Mailbox
Recreation
- Fitness Center
- Community Pool
Pet Policy
- Pet Amenities
- Dogs and Cats Allowed
- Breed Restrictions
- Pet Size Limit
- Pet Deposit $1000
Security
- Building Security
- Gated Community
Explore Commute Options
- Drive Time--
- Walk Time--
- Bike Ride Time--
- Public Transit--
Get In Touch
Austin, TX 78701

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. ABoR, ACTRIS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law. Copyright © 2026.
Area Scores
Walkability
Very walkable80 / 100
Transit
Some public transit50 / 100
Driveability
Moderately drivable70 / 100
Bikeability
Very bikeable80 / 100
Travel and Transit


Local Education
Colleges and Universities
School
Commute Time (Distance)
University of Texas at Austin
Drive: 5 min (2.3 mi)
Austin C.C., Rio Grande Campus
Drive: 5 min (2.6 mi)
Austin C.C., Eastview Campus
Drive: 6 min (2.9 mi)
St. Edward's University
Drive: 6 min (3 mi)
Discover Texas Capital, Austin, TX
Shopping Centers
Shoppers will appreciate 54 Rainey St Unit PH09 proximity to 805 & 809 E 6th St, 6th & Congress, and Pecan Business Square. 805 & 809 E 6th St is 0.8 miles away, and 6th & Congress is within a 17 minute walk.
Commuting
With a TransitScore of 50, 54 Rainey St Unit PH09 has some public transit, including 8 transit stops within 36.5 miles. Transit options include Downtown Station and Plaza Saltillo Station.
Parks and Recreation
Recreational activities near 54 Rainey St Unit PH09 are plentiful. Discover 5 parks within 3.2 miles, including Lady Bird Lake, Umlauf Sculpture Garden and Museum, and Blunn Creek Nature Preserve.
Airports
Living in Texas Capital provides easy access to Austin-Bergstrom International, located just 22 minutes from 54 Rainey St Unit PH09.
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