Comptroveby RentSpire

Distinctive Downtown Austin Apartments

700 River Street, Austin, TX, 78701

unknown not observed units (unit count basis: listing-reported) Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $6,797. Average effective rent: $6,797.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$4,617$4,61792610
2 bedroom$9,332$9,3321,5728
3 bedroom$8,324$8,3241,7241

HUD Fair Market Rent gap

HUD area: Austin-Round Rock-San Marcos, TX MSA.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
CAPITOL FLATS Austin, TX 0.51 mi not observed 66%
Downtown Austin Apartments Austin, TX 0.57 mi $4,333 61%
The Muse at SoCo is a pet Austin, TX 0.57 mi $2,773 60%
The Lola is a pet Austin, TX 0.71 mi $2,756 59%
Apartments in East Austin for Your Modern Life Austin, TX 0.76 mi $2,184 58%
Stunning Apartments in Austin, TX 1.18 mi $2,410 54%
MAA South Lamar Austin, TX 1.55 mi $1,940 50%
Zoey is a pet Austin, TX 2.69 mi $1,557 39%

Sources & provenance

Sourced from https://700river.com/floorplans/ — 19 observation(s), last observed Aug 4, 2026.

Data age: 13 days. Last observed: Aug 4, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

Open the interactive comp report →