Searching for the perfect downtown Austin apartment can feel overwhelming with so many options to consider. It’s important to choose a property that fits your lifestyle, offering the amenities, location and pricing you need.
At Paseo, we’re confident our community has everything you’re looking for in a downtown Austin home. However, we know how important it is to analyze all of your options with similar location and amenities.
In order to help you narrow down your options and understand what each property has to offer, we’ve made a side-by-side comparison between Paseo and 700 River to evaluate the basics, location, amenities, pricing and floor plans.
Comparing Downtown Austin Apartments: Paseo v. 700 River
| Property | Paseo | 700 River |
| Address | 80 Rainey St, Austin, TX 78701 | 700 River St, Austin, TX 78701 |
| Year Built | 2025 | 2025 |
| Number of Stories | 48 | 43 |
The Basics
To start, let’s look at the basics.
Paseo
Address: 80 Rainey St
Year Built: 2025
Number of Units: 527
Number of Stories: 48
700 River
Address: 700 River St
Year Built: 2025
Number of Units: 409
Number of Stories: 43
Location
Paseo
Situated in the heart of Rainey Street, Paseo is just steps away from some of Austin’s most iconic bars, restaurants and attractions.
Residents can enjoy easy access to local favorites like Idle Hands, Banger’s Sausage House & Beer Garden and the scenic Ann and Roy Butler Hike-and-Bike Trail. Other Austin hot spots, including Two Hands, Geraldine’s and Zanzibar are just a short drive away. Other luxury apartments nearby include The Quincy and The Travis.
Read Next: 8 Best Happy Hours in Downtown Austin
700 River
Located on the corner of Rainey and River Streets, 700 River offers proximity to Rainey Street, Downtown Austin and the East Austin district.
Although located at the edge of Rainey’s bustling bar and restaurant strip, residents can still enjoy a slightly more relaxed atmosphere while remaining close to Lady Bird Lake and local dining favorites such as Emmer and Rye andRed Ash.
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 | 700 River | |
| 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 | |
| Sauna | X | X |
| On-Site Coffee Shop | X | |
| Dog Spa | X | X |
| Parking | X | X |
| EV Charging Stations | X | X |
| Bike Storage | X | X |
| Waterfront Views |
For more information on amenities, visit the amenities pages for Paseo and 700 River.
Pricing and Floor Plans
Paseo
Paseo has studio, one-bedroom, two-bedroom and three-bedroom floor plans, as well as four unique penthouses. At the time of publication in July 2025, pricing ranges from the $2,000s to more than $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.
700 River
700 River offers studio, one-bedroom, two-bedroom and three-bedroom apartments. At the time of publication in July 2025, rates at 700 River range from $3,015 to $16,151 per month, depending on unit type. All rates are subject to change. You can find current availability and pricing on 700 River’s floor plan page.
The kitchens include custom Italian cabinetry, solid slab stone countertops and backsplashes, gas ranges and stainless-steel appliances. The units also feature a smart home technology package with a smart thermostat, keyless door locks and floor-to-ceiling windows. Select apartments feature under-counter wine fridges, double vanity sinks and private patios or balconies.
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.
Katie Stafford
Katie is a regular contributing author for Paseo, covering leasing tips and all things downtown Austin. In her free time, you'll find Katie baking, hiking, or planning her next trip.
July 1, 2025