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Apartment for rent
  • Accepts Zillow applications
    $6,500/mo

    54 Rainey St #1018B, Austin, TX 78701

    3beds
    1,956sqft
    Price may not include required fees and charges.
    Fast & easy Zillow application.

    This property accepts Zillow applications. Click 'Apply now' to fill out the online form once and apply to as many participating properties as you want. Just $35 for 30 days.

    Apartment
    Available now
    Cats, dogs OK
    In unit laundry
    Attached garage parking
    Contact manager for more details about this home.

    What's special

    Private balconyStainless steel appliancesWalk-in closetLarge pantry
    Unit also available for sale. 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 or 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.
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Walk In Closet
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 1,956 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Walk In Closet

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment

    Building

    Management
    • Pets allowed: Yes

    Community & HOA

    Location
    • Region: Austin

    Financial & listing details

    • Lease term: 1 Year

    Price history

    DateEventPrice
    11/20/2025Listed for rent$6,500$3/sqft
    Source: Zillow Rentals

    Neighborhood: Downtown

    There are 6 available units in this apartment building