Rainey Street High Rises: A Building-by-Building Breakdown
The Travis, Paseo, 700 River, The Waller, The Quincy, Skyhouse: year, stories, bedrooms, rent, concession, management and best fit.
By the Austin High Rise Apartment Team · · 8 min read
Six towers, one corridor
Rainey Street & Lady Bird Lake has the densest cluster of luxury towers per block in Texas. Six high rises sit within a few blocks, spanning 13 years of construction and rents from $1,369 to $45,000. This guide compares them building by building. For live availability and the qualified-building list, see Rainey Street high rise apartments.
The six towers side by side
| Tower | Address | Built | Floors | Bedrooms | Rent | Concession | Manager |
|---|---|---|---|---|---|---|---|
| The Travis | 80 Red River St | 2026 | 50 | 0–3BR | $2,735–$18,750 | 2 months free | Private |
| Paseo | 80 Rainey St | 2025 | 48 | 0–3BR | $2,824–$45,000 | 2.5 months free | Private |
| 700 River | 700 River St | 2023 | 42 | 0–3BR | $1,823–$19,620 | 2 months free | Greystar |
| The Waller | 1104 Sabine St | 2022 | 32 | 0–3BR | $1,745–$7,425 | 2 months free | Greystar |
| The Quincy | 91 Red River St | 2020 | 32 | 0–3BR | $1,369–$7,279 | 1.5 months free | Kairoi Residential |
| Skyhouse Austin | 51 Rainey St | 2013 | 23 | 0–3BR | $1,625–$4,145 | None advertised | Simpson Property Group |
Building by building
The Travis
The newest and tallest tower on the corridor, still in lease-up. That means one of the widest concession windows on Rainey and upper floors released in stages, often before they reach portals. Privately managed. Best for: renters who want new construction on Rainey and penthouse renters looking for unlisted top floors.
Paseo
Austin’s highest rent ceiling at $45,000. Paseo is also our clearest example of floor-level pricing: about $4,500 on the 10th floor facing the Rainey bars vs. $8,000+ on the 22nd floor facing the lake, for the same floorplan. Currently 2.5 months free. Privately managed. Best for: lake-view seekers and ultra-luxury renters.
700 River
A 2023 tower with an unusually wide range: from $1,823 to $19,620, and layouts up to 3,194 sq ft. That makes it a rare Rainey option for both value renters and downsizers. Greystar manages. Best for: downsizers who want Rainey, and value renters who want a newer building.
The Waller
Sits along Waller Creek on Sabine Street at the north end of the district, a step back from the bar strip. Starting rents under $2,000 and 2 months free. Greystar manages. Best for: renters who want Rainey access with a bit more distance from the nightlife.
The Quincy
The lowest starting rent of all 23 towers we cover at $1,369, usually a studio, with 1.5 months free. It’s at the lake end of Red River Street near the Butler Trail. Kairoi Residential manages. Best for: budget-conscious renters who want a Rainey address.
Skyhouse Austin
The original Rainey high rise (2013), at the lake end of the street. The lowest rent ceiling on the corridor at $4,145, with no advertised concession at last check. Simpson Property Group manages. Best for: renters who want predictable pricing and don’t need the newest finishes.
Pick the stack before the building
On Rainey, a lake-facing unit in an older tower often beats a bar-facing unit in a newer one. Read Rainey Street noise by floor and exposure.
Quick picks by renter
| You are | Start with |
|---|---|
| Lake-view seeker | Paseo, The Travis (lake-facing upper floors) |
| Budget under $2,000 | The Quincy, Skyhouse Austin, The Waller, 700 River |
| Downsizer needing space | 700 River |
| Want the newest building | The Travis |
| Light sleeper | Lake-facing stacks anywhere; The Waller |
| Penthouse renter | Paseo, The Travis, 700 River |
Life on the corridor
Walk Score 92. Food trucks and patios on Rainey, 6th Street a few blocks north, Congress Avenue offices 15 to 20 minutes on foot, the Convention Center across Red River and the trail at the end of the street. Reserved garage parking commonly runs $175–$250 a month. Read the full lifestyle picture on our Rainey Street district page.