Sienna at The Thompson is a modern multi-story building with a glass and brick exterior, sitting on a busy city corner. People walk and bike along tree-lined sidewalks, while tall skyscrapers rise in the background under a clear blue sky.

Paseo v. Sienna at the Thompson: Which Luxury Downtown Austin Apartment is Right for Me?

With many towers in downtown Austin offering amenities and walkable locations, choosing the right one can feel overwhelming. How do you decide which apartment actually best fits your lifestyle?

Both Paseo and Sienna at the Thompson offer finishes, downtown locations and amenities, but the living experience at each is different. This guide compares them across location, amenities, floor plans and pricing to help you choose the space that fits your needs.

Luxury rooftop pool at Sienna at the Thompson, a luxury downtown apartment in Austin, Texas. — Photo courtesy of Sienna at The Thompson.

Quick Facts: Paseo vs. Sienna at the Thompson

Property	Paseo	Sienna at the Thompson
Address	80 Rainey St, Austin, TX 78701	501 Brazos St
Year Built	2025	2022
Number of Stories	48	32

Location Comparison: Paseo on Rainey Street vs. Sienna at the Thompson

Paseo

Paseo offers access to Rainey Street’s nightlife, dining and entertainment venues.

Residents have access to local restaurants and bars like Launderette, Bangers and Victory Lap. For those who love staying active or simply unwinding by the water, the Ann and Roy Butler Hike-and-Bike Trail is just across the street, providing endless opportunities to enjoy Austin’s natural beauty. Other luxury apartments nearby include The Quincy and The Bowie.

Exterior of Paseo, a newly developed luxury apartment in downtown Austin. — Step into Paseo from Rainey Street, where you’re surrounded by one of Austin’s most vibrant streetscapes.

Sienna at the Thompson

Sienna at the Thompson is set at the corner of 5th and Brazos, tucked within the Thompson Austin Hotel. Its address combines private living with an on-site boutique hotel, located in downtown.

Nearby dining options include Arriba Abajo, Eureka and Eddie V’s Prime Seafood. Boutiques are located along the 2nd Street District and South Congress Square.

Amenities Compared: What Paseo and Sienna Offer Downtown Austin Renters

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	Sienna at the Thompson
Rooftop Pool	X	X
Rooftop Hot Tub	X
Fitness Center	X	X
Yoga Studio	X	X
Reformer Pilates	X
Coworking with Private Conference Rooms	X	X
Clubhouse/Lounge	X	X
Outdoor Grilling Area	X	X
Sauna	X	X
Cold Plunge	X	X
On-Site Coffee Shop	X	X
Parking	X	X
EV Charging Ports	X	X
Bike Storage	X	X
Lady Bird Lake Views	X

For more information on amenities, visit the amenities pages for Paseo and Sienna at the Thompson.

Floor Plans & Pricing: Paseo vs. Sienna Downtown Austin Apartments

Paseo

Paseo offers studio, one-bedroom, two-bedroom and three-bedroom floor plans, with elevated floorplans available. At the time of publication in April 2026, pricing ranges from $2,300 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.

Signature units at Paseo are designed with the details in mind. Kitchens feature custom Italian cabinetry with soft-close drawers, statement pendant lighting, ribbed grey-and-cream backsplash tile and grey matte countertops traced with soft white veining. Stainless steel appliances, black plumbing fixtures and custom closets round out the look, paired with white oak–inspired LVT flooring throughout. Each home comes with a full-sized washer and dryer, plus built-in Google Fiber connectivity to keep life moving seamlessly.

Elevated units take the finish a step further, with brass fixtures, marble-inspired quartz countertops, walnut-look flooring and matte white ribbed tile bringing a brighter, more refined palette to the same thoughtfully crafted spaces.

Living and kitchen space at Paseo, Rainey Street apartments in Austin, TX. — Signature kitchen at Paseo. Pictured here is The Lustre one-bedroom floorplan.

Sienna at the Thompson

Sienna at the Thompson offers studio, one bedroom and two bedroom floorplan options. At the time of publication in April 2026, rates at Sienna Austin range from the $2,400s to over $4,800 per month, depending on unit type. All rates are subject to change. You can find current availability and pricing on Sienna Austin’s floor plan page.

The units at Sienna Austin feature GE stainless steel appliances, marble quartz countertops and rich, dark brown wood grain cabinets in the kitchen. Vinyl plank flooring is installed throughout, complemented by bedroom ceiling fans and contemporary glass showers featuring accent tiling. Every unit includes an in-home washer and dryer for added convenience, while select units offer dual bathroom vanities and private balconies.

Dining space at Sienna, a downtown luxury apartment in Austin, Texas. — Photo courtesy of Sienna at the Thompson.

Finding the right downtown Austin property doesn’t have to feel complicated, and now you know what to expect from Paseo and Sienna at the Thompson. If you still have questions on which community best matches your lifestyle, contact our leasing team! At Paseo, we are here to make sure you find your rhythm in the heart of Austin.

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.

April 1, 2026

Downtown Austin Apartment Reviews

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