Rainey Street District
Historic bungalow bars meet luxury high-rise living on Austin's most dynamic lakefront street.
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About the Rainey Street District
The Rainey Street District has transformed from a quiet residential neighborhood of early 1900s bungalows into one of Austin's most vibrant entertainment and residential destinations. Today, the historic homes serve as beloved bars and restaurants while luxury high-rise towers rise above, offering residents front-row views of Lady Bird Lake and the downtown skyline. The district delivers a rare mix of walkable nightlife, waterfront trails, and world-class dining steps from your front door.
Character
District Info
Condo Buildings in Rainey Street District
8 buildings in this district
The Modern Austin
610 Davis St
44 East
44 East Ave
70 Rainey
70 Rainey St
The Shore Condominiums
603 Davis St
Milago
54 Rainey St
The Towers of Town Lake
40 N IH 35
Vesper
84 East Ave
Natiivo
48 East Ave
What the numbers show across Rainey Street District, based on closed sales.
Across 6 buildings with recent activity, closed sales over the last 12 months ran a median of $680/SF (roughly $307–$793/SF building to building). 95 units are listed now against 63 sales in that span, leaving about 18.1 months of supply — a buyer's market.
Median $/SF
$680
HOA $/SF
$0.81
Closed
63
Active now
95
Median Days on Market
78 days
Months Supply
18.1
Buyer's market
These are the headline numbers for Rainey Street District. The real story is in the details: which buildings, floors, and views move the price, and how a specific unit stacks up. Let's dig in together.
Dive deeper with JacobFor Sale in Rainey Street District
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As Seen In Field Notes
- Big Restaurant News, Slow Season has Begun, & Off-MarketsRead →
When does downtown Austin’s high rise condo market slow down?November is the slowest month on record with just 17.3 closings on average over the last 10...
- Big Restaurant News, Slow Season has Begun, & Off-MarketsRead →
When does downtown Austin’s high rise condo market slow down?November is the slowest month on record with just 17.3 closings on average over the last 10...
- Downtown Austin Condo Market Report: September 2026Read →
Downtown recorded 13 condo closings in September. Pricing on the rolling 12-month line is roughly flat year-over-year.
- Cash Buyers, ACL, & Off-MarketsRead →
How many buyers pay cash for high rise condos in downtown Austin?Just over half of downtown condo closings since 2023 were cash: 55.6% across 719 sales. The...
- Downtown Austin Condo Market Report: August 2026Read →
Downtown closings fell 31.6% in August from a year ago. Pricing on the rolling 12-month line is still soft, down 3.6% from a year ago.
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6th Street & Entertainment District
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