Cheap Apartments for Rent in the Rainey Street Neighborhood of Austin, TX from $1,000 (13 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Rainey Street area of Austin.

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603 Davis St
$1,690Studio, 1 Bath RentalsAvailable Now

603 Davis St

Austin, TX 78701
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Austin's Best Affordable Neighborhoods

Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

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54 Rainey St
$1,695Studio, 1 Bath RentalsAvailable Now

54 Rainey St

Austin, TX 78701
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Rainey Street, Austin, TX Local Guide

Cheapest Available Rainey Street Apartments for Rent

 

The cheapest available apartment rental in the Rainey Street area of Austin, TX is a 1 Bed unit found at The Aspect priced from $1,015. Edison Austin has the second lowest priced unit, which is a Studio apartment currently listed from $1,199. Here are the most affordable Rainey Street apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
The AspectA1IR1BR,1BA$1,015
Edison AustinE2Studio,1BA$1,199
Estates at East RiversideTwo Bedroom/Two Bath2BR,2BA$1,374
MAA South LamarTraditional 1x1 586-593 SF1BR,1BA$1,380
Fifteen15 S Lamar ApartmentsS1Studio,1BA$1,420

Best Value Apartments for Rent in Rainey Street, TX

As of February 27, 2025 the best value apartment in the Rainey Street area is the $1.09 price per square foot Four Bedroom Model at Villages at East Riverside in the in the Oltorf-East Riverside neighborhood starting from $1,580. The second greatest value Rainey Street apartment is the B2 Model at The Quincy starting at $3,679 with a $3.36 price per square foot in the Town Lake neighborhood. Here is today’s list of the best values for Rainey Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villages at East RiversideFour Bedroom4BR,4BA$1.09
The QuincyB22BR,2BA$3.36
44 South1E-AMFI1201BR,1BA$1.85
Estates at East RiversideTwo Bedroom/Two Bath2BR,2BA$1.58
Edison AustinA31BR,1BA$2.51
SkyHouse Austin11F21BR,1BA$3.30
The AspectA1R1BR,1BA$1.58
Windsor on the LakeA11BR,1BA$3.26
MAA South LamarTraditional 1x1 505 SF1BR,1BA$2.75
Fifteen15 S Lamar ApartmentsS1Studio ,1BA$3.16

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Pet Friendly Lifestyle

Ranked #

Pet Friendliness Lifestyle Score

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Getting Around the Rainey Street Neighborhood in Austin, TX

Walk Score®

89 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

94 / 100

Biker's Paradise

Daily errands can be accomplished on a bike

Transit Score®

62 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Rainey Street Apartments

What is the Cheapest Studio apartment in Rainey Street?

Currently the most affordable Cheap Studio Apartment in Rainey Street is at Edison Austin listed at $1,199.

How much is rent for a Cheap One Bedroom Rainey Street Apartment?

The lowest price for a Cheap One Bedroom Rainey Street Apartment is $1,015 at The Aspect.

What is the lowest price for a Cheap Two Bedroom Rainey Street Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Rainey Street is starting from $1,116 at The Aspect.

What is the most affordable Rainey Street Three Bedroom Apartment?

The best deal on a cheap Rainey Street Three Bedroom Apartment rental is at Estates at East Riverside and starts from $1,729.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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