54 Rainey St, Austin, TX 78701
What This Condo Offers
Experience the best of Austin living in this stunning 1-bedroom, 1-bathroom condo at the highly sought-after Milago Condominiums on Rainey Street. Just steps from vibrant nightlife, renowned restaurants, and Lady Bird Lake, this home offers the... perfect balance of energy and tranquility. Inside, you'll find a spacious, light-filled layout with beautiful hardwood flooring in the living areas and sleek modern finishes throughout. The chef’s kitchen is designed for both style and functionality, featuring granite countertops, a breakfast bar, and stainless-steel appliances. The large bedroom boasts a ceiling fan, a generous walk-in closet, and an en-suite bath with a granite-topped vanity, ample storage, and a tub/shower combo. A dedicated office or flex space and in-unit laundry add to the convenience. Milago’s world-class amenities set this residence apart, offering a rooftop pool and terrace with breathtaking skyline views, a BBQ and lounge area, a stylish clubroom, and a ground-floor Wi-Fi lounge. Residents also enjoy 24-hour concierge service, bike and canoe/kayak storage, and direct access to the lake via a private dock—perfect for outdoor enthusiasts. With easy access to downtown, public transportation, and the scenic trails of Lady Bird Lake, this condo delivers an unparalleled lifestyle in one of Austin’s most dynamic neighborhoods. Don’t miss this opportunity—schedule a private tour today! *This unit is available for rent with the option to be furnished or unfurnished. The monthly rental rate is $2,600 if furnished and $2,300 if unfurnished.*
Unit 403
- $2,300 / month
- 1 Bed
- 1 Bath
- 865 sq. ft.
- Available Now
Condo Features
- Carpet
- Hardwood Floors
- Microwave
- Refrigerator
- Tile Floors
54 Rainey St Condo Unit 403 is located in Austin, Texas in the 78701 zip code.
Rental Fees and Pet Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
Cats Allowed
- Fee Not Specified
Dogs Allowed
- Fee Not Specified
Condo Details
Home Design
- Built in 2005
- Condominium
Interior Spaces
- Open Floorplan
- High Ceiling
- Multiple Living Areas
- Home Office
- Plantation Shutters
- Living Room
- Entrance Foyer
- 1-Story Property
- Track Lighting
- Dining Room
- Ceiling Fan
- Furnished or left unfurnished upon request
- 865 Sq Ft Home
Kitchen
- Granite Countertops
- Stainless Steel Appliances
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Free-Standing Electric Oven
- Free-Standing Electric Range
- Microwave
Flooring
- Wood
- Tile
- Carpet
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Walk-In Closet
- 1 Full Bathroom
- 1 Bedroom | 1 Bathroom
Laundry
- Washer Hookup
Home Security
- Fire and Smoke Detector
Parking
- Designated Car Share Spaces
- 1 Car Attached Garage
- Community Parking Structure
- Assigned Parking
Accessible Home Design
- No Interior Steps
Pool
- Spa
Lot Details
- 218 Sq Ft Lot
- Landscaped
- East Facing Home
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating
- High Speed Internet
- Cable TV Available
- Public Water Source
- Electricity Connected
- Sewer Connected
- Water Connected
- Public Sewer
Listing and Financial Details
- Security Deposit $2,300
- 12 Month Lease Term
- $85 Application Fee
- Assessor Parcel Number 02030312280000
- Tenant pays for all utilities
- The owner pays for association fees, taxes
Community Details
Overview
- Lock-and-Leave Community
- 70 Units
- Milago Condo Amd Subdivision
Amenities
- Concierge
- Rooftop Deck
- Clubhouse
- Business Center
- Meeting Room
- Bike Room
- Community Barbecue Grill
- Picnic Area
- Community Storage Space
- Common Area
- Community Mailbox
- Recycling
Recreation
- Fitness Center
- Community Pool
- Trails
- Dog Park
Pet Policy
- Pet Amenities
- Dogs and Cats Allowed
- Pet Deposit $200
Security
- Building Security
- Resident Manager or Management On Site
- Controlled Access
Explore Commute Options
- Drive Time--
- Walk Time--
- Bike Ride Time--
- Public Transit--
Get In Touch

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 © 2025.
Neighborhood Scores
Walk Score ®
Very Walkable87 / 100
Transit Score ®
Good Transit60 / 100
Bike Score ®
Biker's Paradise91 / 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 Condo Unit 403 proximity to 805 & 809 E 6th St, 6th & Congress, and 2nd St District. 805 & 809 E 6th St is 0.8 miles away, and 6th & Congress is within a 17 minute walk.
Commuting
With a TransitScore of 60, 54 Rainey St Condo Unit 403 has good 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 Condo Unit 403 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 Condo Unit 403.
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