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Updated 17 minutes ago

Penthouse Apartments

VERIFIED

1801 Rio Grande Austin, TX

1 - 2 Bed
•
1 - 2 Bath

650 - 989 Sq. Ft.

Available starting Aug. 28th
Deal

Summer savings are here, enjoy 1 month free on a 12 month lease when you move in by 7/31. Apply today!

Floor plans
1 Bed • 1 Bath
$1,409
650 ft2
1 Available
PEN-101A
$1,409
Available Nov 14th, 2026
View
View Rented Units
View More
2 Beds • 1 Bath
$1,634
860 ft2
1 Available
PEN-304A
$1,634
Available Aug 28th, 2026
View
View Rented Units
2 Beds • 2 Bath
$1,475
989 ft2
1 Available
PEN-203A
$1,475
Available Aug 31st, 2026
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View Rented Units
View More
3 Beds • 2 Bath
$1,900 - $2,054
1160 ft2
0 Available
PEN-108A
$2,000
Rented
View
PRE LEASE NOW 2026 C1
$1,900
Rented
View
PEN-209A
$2,054
Rented
View
Where you'll live
Street View
Map View
Satellite View
Penthouse Apartments
Penthouse Apartments
Penthouse Apartments
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
Live Tours
Central A / C
Ceiling Fans
Bath Tub
Large Closets
Accepts Credit Cards
Vintage Building
24-hour Maintenance
Barbecue
Online Payments
Court Yard
Near Fire Department
Living Room
Dishwasher
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
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: $500
Application Fee:

$55 per adult

Admin Fee:

$250

Other:

All pricing and fees information is provided by the housing provider, or you can view them on our website at www.rainieratx.com.  

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 17 minutes 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
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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:
$50,700
per year
2 Bedroom
Suggested income:
$55,900
per year
Rent report

Penthouse Apartments Rent vs. Austin Average

 Penthouse Apartments      Austin Average
1BR
$1,409
$1,402
$0
$500
$1,000
$1,500
$2,000
2BR
$1,555
$1,855
$0
$650
$1,300
$1,950
$2,600

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

If you upsized to an average priced Austin 2 bedroom apartment, you would pay 24% more per month.

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

Penthouse Apartments provides 11% less square footage than the average Austin 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Penthouse Apartments
1BR $1,409 $2.20 $4,227
2BR $1,555 $1.70 $4,664
Austin Average
Studio $1,246 $2.60 $3,737
1BR $1,402 $1.90 $4,206
2BR $1,855 $1.70 $5,564
3BR $2,452 $1.70 $7,355
4BR $2,734 $1.50 $8,203

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 10,699 1BR units on the market in Austin. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
7% 49% 36% 7% 1%
Available Units in Austin
Studio 1,433
1BR 10,699
2BR 7,710
3BR 1,555
4BR 269
Location
Nearby College

University of Texas at Austin

FAQs
Is this property currently leasing units?
Yes. There are 3 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. The soonest move-in date is August 28, 2026.
What's the square footage of the available units?
The available units range from 650 to 989 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 2 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 $1,475 to $1,634. Penthouse Apartments has 2 bedroom units available starting at $1,475.
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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