Cheap Apartments for Rent in the Franklin Park Neighborhood of Austin, TX from $500 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Franklin Park area of Austin.

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Daffodil Apartments
2 Bedroom Apartments

Daffodil Apartments

6009 Daffodil DrAustin, TX 78744
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XThe Haven
1 to 2 Bedroom Apartments

XThe Haven

6812 S Congress AveAustin, TX 78745
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XThe Haven
1 to 2 Bedroom Apartments

XThe Haven

6812 S Congress AveAustin, TX 78745
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Sierra Ridge
1 to 2 Bedroom Apartments

Sierra Ridge

201 Saint Elmo Rd WAustin, TX 78745
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Burl Apartments
1 to 2 Bedroom Apartments

Burl Apartments

2414 Ventura DrAustin, TX 78741
Showing Results 1-42, Page 1 of 1

Franklin Park, Austin, TX Local Guide

Cheapest Available Franklin Park Apartments for Rent

 

The cheapest available apartment rental in the Franklin Park area of Austin, TX is a 2 Beds unit found at RETREAT AT NORTH BLUFF priced from $664. Chevy Chase Downs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Franklin Park apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
RETREAT AT NORTH BLUFFB12BR,2BA$664
Chevy Chase Downs1BR/1BA1BR,1BA$699
CoppertreeCoventry1BR,1BA$769
Grace WoodsA21BR,1BA$783
Terra ApartmentsA1BR,1BA$874
FoxwoodA21BR,1BA$884
Capitol CrossingOne Bedroom (A5)1BR,1BA$899
Ellie ApartmentsA11BR,1BA$909
Acclaim at South Congress1b1bHblc1BR,1BA$920
Bridge at Monarch Bluffs50-A1b8Studio,1BA$949

Best Value Apartments for Rent in Franklin Park, TX

As of April 27, 2025 the best value apartment in the Franklin Park area is the $1.33 price per square foot Three Bedroom Model at Franklin Park in the in the Southeast Austin neighborhood starting from $1,460. The second greatest value Franklin Park apartment is the Townhomes-Balcony Model at Woodwillow Townhomes starting at $1,400 with a $1.43 price per square foot in the Southeast Austin neighborhood. Here is today’s list of the best values for Franklin Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Franklin ParkThree Bedroom3BR,2BA$1.33
Woodwillow TownhomesTownhomes-Balcony2BR,2.5BA$1.43
Acclaim at South Congress2b1bblc2BR,1BA$1.25
Stassney at SoCo2.2A2BR,2BA$1.27
Terrace CoveB2R2BR,2BA$1.36
CoppertreeCromwell2BR,2BA$1.33
Ethos ApartmentsA21BR,1BA$1.38
Capitol CrossingOne Bedroom (A4)1BR,1BA$1.42
Polaris on the Park - Renovated Apartments1 Bedroom1BR,1BA$1.39
Chevy Chase Downs1BR/1BA1BR,1BA$1.33

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Pet Friendly Lifestyle
Franklin Park, Austin, TX

Ranked #44

Among neighborhoods in Austin, TX for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States and customized analysis for South Austin, TX. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.

Getting Around the Franklin Park Neighborhood in Austin, TX

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

45 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

39 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Franklin Park Apartments

What is a cheap apartment in Franklin Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Franklin Park is under $949.

What is the price of a cheap apartment in Franklin Park?

The cheapest apartment in Franklin Park is Chevy Chase Downs which is listed at $699, while the average apartment in Franklin Park costs $2,257.

What types of apartments are the cheapest in Franklin Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 185 regular apartments in Franklin Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Franklin Park?

Cheap apartments in Franklin Park have an average cost of $656 which is $1,601 cheaper than the average rent for all rentals in Franklin Park.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

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