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Updated 3 hours ago

Penthouse Apartments

VERIFIED

1801 Rio Grande Austin, TX

1 - 3 Bed
1 - 2 Bath

0 - 1,160 Sq. Ft.

Available Now
Deal

6 weeks free for all move all move ins through April 30! Offer valid on 13 - 15 month leases only.

1 Bed • 1 Bath
$1,294
580 ft2
3 Available
penA1
$1,294
Available Now
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PEN-106A
$1,294
Available Now
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PEN-205A
$1,294
Available Now
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1 Bed • 1 Bath
$1,274 - $1,359
730 ft2
2 Available
penA3
$1,359
Available Now
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PEN-301
$1,274
Available Apr 8th, 2026
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1 Bed • 1 Bath
$1,309 - $1,459
650 ft2
3 Available
penA2
$1,309
Available Now
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PEN-205
$1,309
Available Jun 3rd, 2026
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PEN-206
$1,459
Available Jul 23rd, 2026
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View Rented Units
2 Beds • 1 Bath
$1,634
Size: N/A
1 Available
PRELEASE NOW 2025 B1
$1,634
Available Now
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2 Beds • 2 Bath
$1,549 - $1,649
918 ft2
2 Available
PEN-202
$1,549
Available Now
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penB2
$1,649
Available Now
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2 Beds • 2 Bath
$1,699
989 ft2
1 Available
PRELEASE NOW 2026 B4
$1,699
Available Now
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3 Beds • 2 Bath
$1,900
1160 ft2
1 Available
PRE LEASE NOW 2026 C1
$1,900
Available Now
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View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
95
Walker's Paradise
Transit Score®
69
Good Transit
Bike Score®
93
Biker's Paradise
Amenities
On-site Laundry
Air Conditioning
Storage
Refrigerator
Garbage Disposal
Walk In Closets
Public Transportation
On Bus Line
24-hour Maintenance
Dishwasher
Central A / C
Ceiling Fans
Bath Tub
Large Closets
Live Tours
Vintage Building
Accepts Credit Cards
Barbecue
Online Payments
Court Yard
Near Fire Department
Range / Oven
Master Bath
Retro Ceramic Tile/brick Walls
Virtual Walkthrough
Near Downtown
On-site Recycling
Near Campus
Online Community Portal
Smoke-free Community
Package Receiving
High-speed Internet
Cable-ready
Freezer
Living Room
Tile Floor
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Pet Friendly Community
Pet Fee:

$300

Size Restrictions:

none

Breed Restrictions:

none

Pet Rent:

$20

Parking
Covered Parking
On-street Parking
Lease & Fees
Security Deposit: $0
Application Fee:

$55 per adult

Admin Fee:

$250

Property details
Description

Nestled in the North Side neighborhood adjacent to Downtown ATX, your next home at Penthouse Apartments is a one-of-a-kind gem you will be lucky to find. Surrounding you will be the historic Texas Capital, Waterloo Park, Pease District Park, and Moody Amphitheater, along with countless iconic eateries. You'll be within walking distance to dozens of restaurants Downtown and at The Drag, which includes Dobie Mall, Medici Roasting, Kerbey Lane, and Torchy's.
Penthouse Apartments has 5 parks within 2.6 miles, including Texas Memorial Museum, Shoal Creek Greenbelt Park, and Umlauf Sculpture Garden and Museum.

Additional Details
Year Built: 1963
Total Unit Count: 50
Last Updated: Updated 3 hours ago
Contact Number: (737) 264-7992
Property manager information
Rainier Management
4505 Duval St. Austin, TX 78751
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Office Hours
Monday: 9:00 AM - 5:30 PM
Tuesday: 9:00 AM - 5:30 PM
Wednesday: 9:00 AM - 5:30 PM
Thursday: 9:00 AM - 5:30 PM
Friday: 9:00 AM - 5:30 PM
Saturday: 10:00 AM - 2:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Radiate Holdings, LP 1000.0 1000.0
AT&T Inc. 1000.0 1000.0
Charter Communications 940.0 35.0
AT&T Inc. 100.0 20.0
ViaSat, Inc. 35.0 3.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Penthouse Apartments by bedroom type below.
1 Bedroom
Suggested income:
$47,700
per year
2 Bedroom
Suggested income:
$58,800
per year
3 Bedroom
Suggested income:
$68,400
per year
Rent report

Penthouse Apartments Rent vs. Austin Average

 Penthouse Apartments      Austin Average
1BR
$1,324
$1,399
$0
$500
$1,000
$1,500
$2,000
2BR
$1,632
$1,854
$0
$650
$1,300
$1,950
$2,600
3BR
$1,900
$2,412
$0
$800
$1,600
$2,400
$3,200

Penthouse Apartments is asking 5% less than the average 1 bedroom apartment in Austin.

If you upsized to an average priced Austin 2 bedroom apartment, you would pay 25% more per month.

If you downsized to an average priced Austin studio apartment, you would pay 13% less per month.

Penthouse Apartments provides 12% less square footage than the average Austin 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Penthouse Apartments
1BR $1,324 $2.10 $3,972
2BR $1,632 $1.70 $4,897
3BR $1,900 $1.60 $5,700
Austin Average
Studio $1,243 $2.60 $3,728
1BR $1,399 $1.90 $4,198
2BR $1,854 $1.70 $5,561
3BR $2,412 $1.70 $7,236
4BR $2,699 $1.60 $8,096

Availability in Austin

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 12,124 1BR units on the market in Austin. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
8% 47% 35% 9% 1%
Available Units in Austin
Studio 2,006
1BR 12,124
2BR 9,021
3BR 2,200
4BR 333
Location
Nearby College
Campus Buildings and Attractions
Distance Walking Biking Driving
Perry-Castaneda Library 0.5 mi 9 min 4 min 2 min
Main Building 0.7 mi 13 min 8 min 5 min
Union Building 0.7 mi 14 min 6 min 6 min
Recreation Sports Center 0.8 mi 16 min 6 min 2 min
Texas Memorial Stadium 1.0 mi 20 min 8 min 2 min
Nearby Hospitals
Name Distance
Dell Seton Medical Center At The University Of Texas 0.75 mi.
University Medical Center At Brackenridge 0.85 mi.
St. David's Medical Center 1.25 mi.
Nearby Fire Stations
Name Distance
Speedway Fire Department 0.61 mi.
City Of Westfield Fire Department 2.08 mi.
Travis County Fire Marshal 3.14 mi.
FAQs
Is this property currently leasing units?
Yes. There are 13 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 11 units available for move-in over the next 2 months. 10 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 580 to 1,160 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1, 2 and 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,274 to $1,900. Penthouse Apartments has 1 bedroom units available starting at $1,274, 2 bedroom units available starting at $1,549, and 3 bedroom units available starting at $1,900.
Where is this property located?
This property is at 1801 Rio Grande in Austin, TX. It's 1.0 miles north from the center of Austin.
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