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Finding the right apartment in downtown Austin can feel overwhelming, especially when so many luxury buildings promise similar features and finishes. When you’re comparing high-rise living, what really makes one community stand out? The neighborhood, the amenities or how the space fits into your daily routine?

At Paseo, we’ve helped countless renters navigate these decisions and we know 415 Colorado is often included alongside the decision process. To make that decision easier, this comparison takes a closer look at both communities, including location, amenities, floor plans and pricing, so you can determine which downtown Austin apartment best aligns with your lifestyle.

Read Next: Review of 415 Colorado: Luxury Downtown Austin Apartments

Aerial view of 415 Colorado apartments in downtown Austin.
Photo courtesy of 415 Colorado.

Comparing Downtown Austin Apartments: Paseo v. 415 Colorado

PropertyPaseo415 Colorado
Address80 Rainey St, Austin, TX 78701415 Colorado St, Austin, TX 78701
Year Built20252025
Number of Stories 4847

Location: Paseo vs. 415 Colorado

Paseo 

Steps from the Ann & Roy Butler Hike-and-Bike Trail, Paseo is located in the Rainey Street Historic District, an area known for its mix of bungalow bars, newer restaurants and hotel developments. Nearby projects like Waterline and 1 Hotel have added additional dining and hospitality options, while the trail provides direct access to Lady Bird Lake. The neighborhood offers a combination of outdoor access and active street life throughout the day and evening.

Read Next: Which Downtown Austin Neighborhood Is Right for You?

Exterior rendering of Paseo’s entry on Rainey Street.
Paseo offers a variety of restaurant and bar concepts, from Daydreamer Coffee to Amaya and more.

415 Colorado

Located along Colorado Street in the heart of downtown, 415 Colorado places residents near Republic Square, the Central Library and Austin’s business district. The area offers walkable access to dining, nightlife and cultural destinations, including nearby cocktail bars, restaurants and live music venues throughout downtown.

Read Next: Best 16 Cocktail Bars in Downtown Austin

Amenities: Paseo vs. 415 Colorado 

Both locations offer a wide range of amenities. To make the comparison process easier, we have created this chart of the amenities available at each location.

Paseo415 Colorado
Rooftop PoolX
Sky-High PoolXX
Rooftop Hot TubX
Fitness CenterXX
Yoga StudioX
Pilates ReformersX
Coworking with Private Conference RoomsXX
Clubhouse/LoungeXX
Outdoor Grilling AreaXX
SaunaX
Cold PlungeX
On-Site Coffee ShopX
ParkingXX
EV Charging PortsXX
Bike StorageXX
Lady Bird Lake ViewsXX

For more information on amenities, visit the amenities pages for Paseo and 415 Colorado.

Warm-lit yoga room overlooking Lady Bird Lake at Paseo In Downtown Austin.
The reformer Pilates studio at Paseo brings sunrise light, calming lake views and space to stretch, breathe and reset above the rhythm of Rainey Street.

Pricing and Floor Plans: Paseo vs. 415 Colorado 

Paseo

Paseo offers studio, one-bedroom, two-bedroom and three-bedroom floor plans, as well as four unique penthouses. At the time of publication in December 2025, pricing ranges from $1,700s to over $10,000 per month depending on the floor plan type and availability. Prices are subject to change. You can find current pricing on our floor plan page.

Paseo’s signature kitchens feature elevated finishes and fixtures including white oak look cabinets, black hardware, grey matte countertops and zellige-inspired backsplash. Elevated kitchen finishes and fixtures such as marble-look quartz countertops, matte white ribbed tile and walnut-look cabinets. Each space is equipped with stainless steel appliances, including a full-sized fridge, oven and gas stove top, microwave and dishwasher.

Living and kitchen space in unit at Paseo apartments, located in downtown Austin, Texas.
Signature living and kitchen space at Paseo, pictured here is the Lamar two-bedroom floorplan.

415 Colorado

415 Colorado offers studio, one-bedroom, two-bedroom and three-bedroom residences. As of December 2025, rental rates range from the $2,600s to over $20,000 per month, depending on unit size, layout and interior collection. Pricing is subject to change. Current rates and availability can be found on 415 Colorado’s floor plan page.

Apartment interiors at 415 Colorado emphasize a clean, modern aesthetic with large windows, streamlined cabinetry and contemporary finishes throughout. Kitchens feature integrated appliances, modern countertops and minimal detailing, while bathrooms offer sleek fixtures and glass-enclosed showers. Select residences include flexible spaces suitable for working from home or entertaining.

Interior finishes at 415 Colorado apartments in downtown Austin.
Photo courtesy of 415 Colorado.

We hope this comparison helps clarify how Paseo and 415 Colorado differ in location, amenities and overall living experience. Both offer distinct approaches to downtown Austin living and the right choice ultimately depends on how you want your day-to-day routine to feel.

If you have questions about Paseo or want help deciding which property is best for you, contact our team. We’re here to help you find your rhythm in the city.


author avatar

Eddie Dubon

Eddie is a leasing professional at Paseo with years of industry experience who’s called Austin home since age four. A former college and semi-pro baseball player, he now spends his days off exploring Austin’s greenbelts with his girlfriend and their Shih Tzu, Teddy. At work, Eddie’s focus is simple: delivering great service and building real connections with future residents.


December 22, 2025

Downtown Austin Apartment Reviews


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