Comptroveby RentSpire

The Lola is a pet

1221 S. Congress Ave, Austin, TX, 78704

Market rate 2,025 units (unit count basis: listing-reported) Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $2,756. Average effective rent: $2,756.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$2,291$2,2917859
2 bedroom$3,280$3,2801,0828

HUD Fair Market Rent gap

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

FMR comparison not observed for this property.

Amenities

Built-In ShelvingDowntown ViewsElectric Vehicle Charging StationsExecutive Business CenterExpansive Dog ParksGuest Suite AvailableMinutes to Lady Bird Lake Hike and Bike TrailMusic Lane Resident Perks Program–Ask Our Team For DetailsNest Smart ThermostatsOutdoor Living with Grilling StationsOversized Yards in Some HomesPatio/BalconyPet SpaPickle Ball CourtQuartz CountertopsRelaxing CourtyardResident Coffee BarResort-Style Swimming PoolSeconds from High-End RetailSpruce Concierge ServicesStainless Steel AppliancesTile BacksplashWalk-In Closets

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
The Muse at SoCo is a pet Austin, TX 0.19 mi $2,773 80%
MAA South Lamar Austin, TX 0.93 mi $1,940 73%
Stunning Apartments in Austin, TX 0.94 mi $2,410 68%
Apartments in East Austin for Your Modern Life Austin, TX 1.47 mi $2,184 67%
CAPITOL FLATS Austin, TX 1.06 mi not observed 60%
Distinctive Downtown Austin Apartments Austin, TX 0.71 mi $6,797 59%
Downtown Austin Apartments Austin, TX 0.84 mi $4,333 59%
Zoey is a pet Austin, TX 2.84 mi $1,557 44%

Sources & provenance

Sourced from https://thelolaaustin.com/floorplans/ — 17 observation(s), last observed Aug 14, 2026.

Data age: 3 days. Last observed: Aug 14, 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.

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