Rainey Street District
Historic bungalow bars meet luxury high-rise living on Austin's most dynamic lakefront street.
Loading map...
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 $690/SF (roughly $291–$803/SF building to building). 95 units are listed now against 64 sales in that span, leaving about 17.8 months of supply — a buyer's market.
Median $/SF
$690
HOA $/SF
$0.78
Closed
64
Active now
95
Median Days on Market
105 days
Months Supply
17.8
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
Loading current listings…
Loading…
As Seen In Field Notes
- Downtown Austin Condo Market Report: July 2026Read →
Downtown recorded 25 condo closings in July. Pricing on the rolling 12-month line is still soft, down 5.0% from a year ago.
- Lots of New Development Updates, The Confluence Tour, & Off-MarketsRead →
Is the downtown Austin market still dead?Comparing the first half of each year, demand is slowly rebounding to pre-pandemic activity. There are similar...
- Downtown Austin Condo Market: Mid-Year 2026 ReportRead →
Downtown closed 132 condos in the first half of 2026, the busiest first half since 2021 and up 23% year over year, as sellers met buyers on price. Median held at $688/SF.
- Mid-Year Report, The Confluence Tour, & Off-MarketsRead →
How is the real estate market in downtown Austin in the first half of 2026?Review my mid-year market report. Downtown Austin closed 132 condo sales in the...
- Downtown Austin Condo Market Report: June 2026Read →
Downtown recorded 29 condo closings in June. Pricing on the rolling 12-month line is still soft, down 4.2% from a year ago.
Districts Nearby
Convention Center District
Austin's convention and events hub, home to SXSW and major cultural gatherings.
2nd Street District
Austin's premier boutique shopping and dining destination with luxury high-rise living.
Red River & East Downtown
Austin's live music heartland where legendary venues meet urban living east of Congress.
6th Street & Entertainment District
Austin's legendary entertainment corridor — a mile of live music, bars, and nightlife.
Inquire
Interested in Rainey Street District? Get in touch.