Cheap Homes for Rent in Franklin Park Neighborhood of Austin, TX from $500 (21 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article

Austin's Best Affordable Neighborhoods

Learn about Austin and the best places to live with original content written by our Austin, TX Local Expert Raul Mercado

Read Article
Showing Results 1-21, 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 1 Bed unit found at Chevy Chase Downs priced from $699. Coppertree has the second lowest priced unit, which is a 1 Bed apartment currently listed from $769. Here are the most affordable Franklin Park apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Chevy Chase Downs1BR/1BA1BR,1BA$699
CoppertreeCoventry1BR,1BA$769
Grace WoodsA21BR,1BA$783
Terra ApartmentsA1BR,1BA$859
Acclaim at South Congress1b1bHblc1BR,1BA$875

Best Value Apartments for Rent in Franklin Park, TX

As of May 01, 2025 the best value apartment in the Franklin Park area is the $1.24 price per square foot 2.2B Model at Stassney at SoCo in the in the Southeast Austin neighborhood starting from $1,299. 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.
Stassney at SoCo2.2B2BR,2BA$1.24
Woodwillow TownhomesTownhomes-Balcony2BR,2.5BA$1.43
Acclaim at South Congress2b1bblc2BR,1BA$1.25
CoppertreeCromwell2BR,2BA$1.33
Ethos ApartmentsA21BR,1BA$1.36
Capitol CrossingOne Bedroom (A4)1BR,1BA$1.42
Polaris on the Park - Renovated Apartments1 Bedroom1BR,1BA$1.39
Terrace CoveA21BR,1BA$1.46
Terra ApartmentsA1BR,1BA$1.47
Chevy Chase Downs1BR/1BA1BR,1BA$1.33

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Franklin Park

What type of rentals are currently available in Franklin Park?

There are currently 135 Apartments for Rent in Franklin Park, TX with pricing that ranges from $525 to $6,038. There are also 149 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Park ranging from $945 to $4,750.

What is the current price range for Rental Homes in Franklin Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin Park ranges from $945 to $4,750 with an average monthly rent of $2,094.

How much are larger Three and Four Bedroom Rentals in Franklin Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin Park range from $600 to $6,038, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $4,750. Four Bedroom Single-Family rentals are also available starting from $1,690 and Four Bedroom Apartments start at $1,799.

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.

decorative image for The 10 Best Affordable Neighborhoods in Austin, TX article

The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.