Choosing a luxury apartment in downtown Austin can feel overwhelming—how do you decide which one fits your lifestyle and priorities?
What actually sets communities like Paseo and Hanover Brazos apart when both offer desirable locations and polished amenities?
At Paseo, we’re confident our floor plans and amenities offer what many renters are looking for in a downtown Austin home. But we also know that making the right choice means doing your research and comparing your options carefully.
In this article, we’ll walk you through a side-by-side breakdown of Paseo and Hanover Brazos, covering location, amenities, pricing and more, so you can confidently decide which community is the best fit for you.
Comparing Downtown Austin Apartments: Paseo v. Hanover Brazos
| Property | Paseo | Hanover Brazos |
| Address | 80 Rainey St, Austin, TX 78701 | 215 Brazos Street |
| Year Built | 2025 | 2023 |
| Number of Stories | 48 | 45 |
The Basics
To start, let’s look at the basics.
Paseo
Address: 80 Rainey St.
Year Built: 2025
Number of Units: 557
Number of Stories: 48
Hanover Brazos
Address: 215 Brazos St.
Year Built: 2023
Number of Units: 308
Number of Stories: 45
Location
Paseo
Located in the heart of the Rainey Street Historic District, Paseo offers a setting that combines active, outdoorsy living with easy access to local dining and nightlife. Steps from the Ann and Roy Butler Hike and Bike Trail, residents can start their day with a jog along the lake or a paddleboard session from the nearby dock at the revamped Rainey Street Trailhead.
The neighborhood still carries the energy of its bungalow-bar roots, but recent additions like Waterline and 1 Hotel are bringing a more polished layer of restaurants, retail, and public space to the area—making it easy to stay close to home while still feeling connected to something new.
Whether it’s mornings by the water or evenings on a patio, Rainey offers a neighborhood feel with a lively, social edge. Other nearby luxury apartments include The Quincy and 700 River.
Hanover Brazos
Located on Brazos Street, Hanover Brazos offers a more traditional downtown experience, centered around proximity and structure. One block from the Second Street District and close to Congress Avenue, residents are within walking distance of theaters, upscale dining, and the business core of Austin.
The neighborhood is ideal for those who prefer a more predictable, polished pace, where everything from work to dinner reservations is within a few blocks. Popular spots like Taverna and Veracruz at The LINE Hotel are close by, along with other entertainment and shopping options.
Other luxury apartments nearby include Whitley Apartments and Sienna at the Thompson.
Amenities
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.
| Paseo | Hanover Brazos | |
| Rooftop Pool | X | X |
| Rooftop Hot Tub | X | |
| Fitness Center | X | X |
| Yoga Studio | X | X |
| Coworking with Private Conference Rooms | X | X |
| Clubhouse/Lounge | X | X |
| Outdoor Space w/ Grilling | X | X |
| Sauna | X | |
| On-Site Coffee Shop | X | |
| Cold Plunge | X | |
| Dog Spa | X | X |
| Parking | X | X |
| Bike Storage | X | X |
| Lady Bird Lake Views | X | X |
For more information on amenities, visit the amenities pages for Paseo and Hanover Brazos.
Pricing and Floor Plans
Paseo
Paseo has studio, one-bedroom, two-bedroom and three-bedroom floor plans. At the time of publication in August 2025, pricing ranges from the $1,900s to over $10,000 per month depending on floor plan type and availability. Prices are subject to change. You can find current pricing on our floor plan page.
Paseo’s standard kitchens feature elevated finishes and fixtures including white oak look cabinets, black hardware, grey matte countertops and zellige-inspired backsplash. Premium kitchens include elevated 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 stove top, microwave and dishwasher.
Hanover Brazos
Hanover Brazos offers one-bedroom, two-bedroom and three-bedroom apartments. At the time of publication in August 2025, rates at Hanover Brazos range from the $2,500s to over $17,000 per month, depending on the unit type. All rates are subject to change. You can find current availability and pricing on Hanover Brazos’ floor plan page or contact their leasing team for more information.
Apartment features include gourmet kitchens with granite and quartz countertops, complemented by a full-height backsplash. Each unit is designed with floor-to-ceiling windows, equipped with solar shades and modern wide-plank wood-style flooring. Select units offer special additions, such as private terraces and unique views.
We hope this article will give you insight on these downtown Austin properties and help you decide which is best for you. If you have any questions about Paseo or downtown Austin living, contact our leasing staff! We’re here to help you find your perfect home.
Eddie
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.
August 22, 2025