
54 Rainey St, Austin, TX 78701
What This Condo Offers
Indulge in the opulence of this exquisite one-bedroom condo. As you step inside, you'll be greeted by the refinement of Quarter Sawn Oak wide plank floors,... complemented by a recently upgraded kitchen faucet and freshly painted walls and cabinets. Granite countertops, a frameless shower door, and a relaxing balcony further enhance the allure of this space. The kitchen showcases stainless steel appliances, including a newly acquired stove, while the convenience of a stacked washer and dryer adds to the contemporary charm. In the bedroom, automatic shades add a touch of elegance. Experience the impressive amenities of the Milago building, which include a rooftop terrace boasting a pool and hot tub, BBQ grills, a fitness room, club room, ground-level lounge and patio, as well as 24/7 concierge services. Situated in the historic Rainey Street District adjacent to Lady Bird Lake, you'll find yourself surrounded by a plethora of dining options, the convenience of Royal Blue Grocery, and a nearby Salon/Spa. A lively nightlife scene awaits just moments away. Embrace outdoor activities with ease, whether it's biking, paddle boarding, kayaking, running, or enjoying a leisurely stroll. Live music, fine dining, and enticing cocktails are all within walking distance, offering an urban lifestyle like no other. Your reserved Parking Space #B14 ensures convenience, enabling you to fully embrace a lock-and-leave lifestyle. Discover the unparalleled value of Milago Condominium and make this exceptional condo your new home. Welcome to a lifestyle where sophistication seamlessly blends with convenience. There is a $300 non-refundable move-in fee, payable to the Milago HOA MLS ID 1748905
Unit 1111
- $2,175 / month
- 1 Bed
- 1 Bath
- 756 sq. ft.
- Available May 1
Condo Features
- Balcony
- Dishwasher
- Disposal
- Hardwood Floors
- Microwave
- Tile Floors
54 Rainey St Unit 1111 is a condo for rent in Austin, TX
Condo Details
Home Design
- Built in 2005
- Condominium
Interior Spaces
- Open Floorplan
- High Ceiling
- 1-Story Property
- Ceiling Fan
- 756 Sq Ft Home
Kitchen
- Granite Countertops
- Breakfast Bar
- Free-Standing Electric Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- Soaking Tub
- 1 Main Level Bedroom
- 1 Full Bathroom
- 1 Bedroom | 1 Bathroom
Laundry
- Laundry closet
- Stacked Washer and Dryer
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Parking
- Gated Parking
- Secured Garage or Parking
- Guest Parking
- 1 Car Garage
- Community Parking Structure
- Assigned Parking
- Lighted Parking
- Reserved Parking
Pool
- Spa
Outdoor Features
- Balcony
Lot Details
- 192 Sq Ft Lot
- East Facing Home
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Air
- Electricity Connected
- Sewer Connected
- Water Connected
- Private Sewer
Listing and Financial Details
- Security Deposit $2,175
- 12 Month Lease Term
- $45 Application Fee
- Assessor Parcel Number 02030313950000
- Tenant pays for all utilities
- The owner pays for association fees
Community Details
Overview
- Community Lake
- Lock-and-Leave Community
- 240 Units
- Milago Condo Amd Subdivision
Amenities
- Concierge
- Meeting Room
- Lounge
- Bike Room
- Courtyard
- Common Area
- Community Mailbox
Recreation
- Fitness Center
- Community Pool
- Trails
Security
- 24-Hour Security
- Gated Community
- Card or Code Access
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
Soundscore ™
Busy67 / 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 1111 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 1111 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 1111 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 1111.
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