Franklin Place Apartments

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600 Franklin Ave, Waco, TX 76701
(254) 870-8429
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Franklin Place

600 Franklin Ave
Waco, TX 76701
(254) 870-8429
Franklin Place in Waco, TX - Building Photo
  • 1–2 Bedrooms
  • $1,163-$2,166Pricing
  • 569–1,289Square Feet

About Franklin Place

Discover great apartment home living in downtown Waco, Texas, at Franklin Place. These affordable apartments are located in a premier area close to schools, shopping, dining, and entertainment establishments. There are great outdoor recreational activities available, Baylor University is close by, and if business travel is an important part of your daily life, Waco Regional Airport is only a short drive away. Add easy access to Interstate 35 and several local highways, and everything you want and need is easily within reach.Our unique floor plans are sure to impress, with one and two bedroom apartments for rent equipped with the amenities you deserve. High ceilings, granite countertops, and hardwood floors offer stylish enhancements that will inspire and delight. Our spacious and bright apartments have all-electric kitchens with a dishwasher and breakfast bar, making food preparation fun again. There is room for everything in large walk-in closets, and the convenience of a washer and dryer in the home. Once you arrive, you realize that these apartment homes have something for everyone.Become a resident and take advantage of the community amenities at your disposal. Get a jump on your day with a workout at our state-of-the-art fitness center. We are proud to offer a concierge package and getting around is easy and enjoyable with the use of the elevator. There are many beautiful public parks in the neighborhood..

Franklin Place is located in the Downtown Waco Neighborhood and 76701 Zip code of Waco, TX. This community is professionally managed by United Apartment Group

Property Contact Info

Floorplan Pricing and Availability

Franklin Place offers 1 to 2 Bedroom apartments starting from $1,163 and having 569–1,289 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    Floorplan A4

    $1,374

    1 Bed, 1 Bath, 725 sq ft
    Available Oct 8
    Largest 1 BedroomThis is the largest 1 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,374 October 8, 2025303725

    Model Amenities and Features

    Features

    • Windows

    Unit 303 Rent and Fees

    Unit Price

    • $1,374

    Deposit

    • $300 deposit

    Model Rent and Fees

    Price

    • $1,374

    Floorplan A1

    $1,163

    1 Bed, 1 Bath, 569 sq ft
    Available Nov 29
    Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,163 November 29, 2025306569

    Model Amenities and Features

    Features

    • Windows

    Unit 306 Rent and Fees

    Unit Price

    • $1,163

    Deposit

    • $300 deposit

    Model Rent and Fees

    Price

    • $1,163

    Floorplan A2

    1 Bed, 1 Bath, 600 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,339Call for AvailabilityA2600 sq ft$300

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $1,339

    Deposit

    • $300 deposit

    Floorplan A3

    1 Bed, 1 Bath, 630 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,378Call for AvailabilityA3630 sq ft$300

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $1,378

    Deposit

    • $300 deposit
    Show Unavailable Floorplans
  • 2 Bedrooms

    Floorplan B1

    $1,659

    2 Beds, 2 Baths, 964 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,659Available Now408964

    Model Amenities and Features

    Features

    • Windows

    Unit 408 Rent and Fees

    Unit Price

    • $1,659

    Deposit

    • $400 deposit

    Model Rent and Fees

    Price

    • $1,659

    Floorplan B2

    2 Beds, 2 Baths, 1150 sq ft
     

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,968Call for AvailabilityB21150 sq ft$400

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $1,968

    Deposit

    • $400 deposit

    Floorplan B3

    2 Beds, 2 Baths, 1289 sq ft
     
    Largest 2 BedroomThis is the largest 2 Bedroom at this Property

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $2,166Call for AvailabilityB31289 sq ft$400

    Model Amenities and Features

    Features

    • Windows

    Model Rent and Fees

    Model Price

    • $2,166

    Deposit

    • $400 deposit
    Show Unavailable Floorplans
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (254) 870-8429 to schedule a tour.

Property Information

Lease Terms

  • 1 - 15, 18, 19 mo
  • Short Term Lease Options

Fees and Policies

Pet Policy and Fees

Cats

  • 2 Pet Limit
  • $100 Monthly Pet Rent
  • $600 Fee
  • 75 Lb Weight Limit
Restrictions:

Dogs

  • 2 Pet Limit
  • $100 Monthly Pet Rent
  • $600 Fee
  • 75 Lb Weight Limit
Restrictions:

Features and Amenities

Interior Features

  • Windows
Google Map

Map

600 Franklin Ave, Waco, TX 76701

Hours and Contact Info

Call Us - Open Now!
Currently Closed
By Appointment
Monday9:00 am–6:00 pm
Tuesday9:00 am–6:00 pm
Wednesday9:00 am–6:00 pm
Thursday9:00 am–6:00 pm
Friday9:00 am–6:00 pm
SaturdayClosed
SundayClosed

Getting Around

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Franklin Place

Where is Franklin Place located?

Franklin Place is located at 600 Franklin Ave near the Downtown Waco area of Waco, TX

What is the current rent range at Franklin Place?

1 Bedroom to 2 Bedroom Apartments at Franklin Place currently range from $1,163 to $1,659

When is the leasing office open?

  • The office Hours for Franklin Place are
  • Monday 9:00 am–6:00 pm
  • Tuesday 9:00 am–6:00 pm
  • Wednesday 9:00 am–6:00 pm
  • Thursday 9:00 am–6:00 pm
  • Friday 9:00 am–6:00 pm
  • Saturday Closed
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Lifestyle Ratings

  • Affordability Nice Value3.0

    The Franklin Place Apartments are 22.85% cheaper than the average apartment in the Downtown Waco area, and 6.6% more expensive than the average apartment city-wide.

    Rent Comparison to the Downtown Waco Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    1 Bedroom$1,163$1,595-$432-27.1%
    2 Bedroom$1,659$2,039-$380-18.6%

    Rent Comparison to the city of Waco

    FloorplanLowest Price HereCity Average RentCost Difference%
    1 Bedroom$1,163$1,233-$70-5.7%
    2 Bedroom$1,659$1,395+$26418.9%

    Methodology: On 09/03/2025, ApartmentHomeLiving.com compared current rents by floorplan to 145 other apartment communities in the immediate area around Franklin Place (Downtown Waco), and 322 other apartment communities in Waco using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 09/03/2025

Learn more about Lifestyle Search

Renters Reviews and Ratings

3.9
4 Renters Reviews
ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
  • Love these apartments!

    October 9, 2019
    I love my apartment! Management has worked very hard to correct issues with the gated parking, and people parking where they shouldn't. Communication has been great! They text us if there's an issue. Maintenance and housekeeping are amazing! (Say hi to Angie.) I feel very safe.
    Review from Apartments.com
  • Would consider elsewhere

    March 17, 2019
    I have lived in this complex for several years. The reason I have not moved is because I love my individual apartment. However, management has been horrible. We have been through 5 managers since move in, and promises have been made and never kept. I signed here thinking I would have amenities at this complex, which is definitely not the case. The pool is closed most of the year, the gym is laughable. Things are constantly broken around the complex (pedestrian doors, gates) and do not get fixed ...
    in a timely manner. The walls are thin, so you can hear everyone above or below or to either side of you. The upside is the location. You cannot beat the location. We just got a new manager, and fingers crossed he can make some improvements, but not hopeful as corporate seems to be terrible.
    Read More
    Review from Apartments.com
  • This place will lie straight to your face and is unsafe.

    February 15, 2019
    If you're a Baylor student looking to move here run as far away as possible. The secured gates have been broken for months allowing all sorts of unsavory characters to enter the place. There are zero amenities. Management refuses to fix things and then gets vindictive when you point them out. There are so many other places to choose from ....I would not recommend.
    Review from Apartments.com
  • Worst apartment complex/management ever!

    July 10, 2017
    I lived there for 7 months, what an AWFUL experience. The management team will tell you ANYTHING to get someone to sign and move in. The walls are extremely thin, so you will here everything! The neighbors, people above/below you, and anyone who walks in the halls. Extremely poor construction, no soundproofing WHAT SO EVER! The train tracks are a football throw away, which you will hear at least 1 train almost every hour (6am through 3am). In the 7 months I lived at Franklin Place, they went ...
    through 5 property managers. So don't expect to have anything done in a timely manner. You have to pay for a gated parking spot, which is alright with me, but when someone parks in your spot, the management team says "there's nothing we can do about it, just park on the street". If you for whatever reason still decide to rent an apartment there for reasons beyond me, MAKE SURE EVERYTHING YOU ASK FOR OR DISGUSS IS IN WRITING!!!! As I said before, they will do ANYTHING to get someone to sign a lease. I have moved all over the country and have rented apartments, town homes, duplexes, and houses from all sources, this was by far the worst experience and company EVER! My advise to you, KEEP LOOKING, don't sign and be miserable after day 3.
    Read More
    Review from Apartments.com

Nearby Schools

West Avenue Elementary School

Waco Independent
1101 North 15th Street
Public School - Grades PK-5 (289 Students)
In Attendance Zone3 minute drive / 1.0 miles away
4/10

Indian Spring Middle

Waco Independent
500 North University Parks Drive
Charter School - Grades 6-8 (404 Students)
In Attendance Zone1 minute drive / 0.5 miles away
2/10

Waco High School

Waco Independent
2020 North 42nd Street
Public School - Grades 9-12 (2011 Students)
In Attendance Zone7 minute drive / 3.3 miles away
3/10
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from Franklin Place.

Big Box and Retail

Autozone

1925 W Waco Dr
3 minute drive / 1.13 miles away

Goodwill

916 E Waco Dr
4 minute drive / 1.59 miles away

Walgreens

1520 S Valley Mills Dr
5 minute drive / 1.8 miles away

Colleges and Universities

Baylor University

1301 S University Parks Dr
2 minute drive / 0.95 miles away

McLennan Community College

1400 College Drive
7 minute drive / 3.72 miles away

Texas State Technical College - Waco

3801 Campus Dr
13 minute drive / 6.44 miles away

Groceries

Heb

1110 S Valley Mills Dr
5 minute drive / 1.89 miles away

Albertson's

1900 N Valley Mills Dr
9 minute drive / 4.46 miles away

Hospitals

Baylor Scott & White Medical Center Hirest

100 Hillcrest Medical Blvd
9 minute drive / 4.49 miles away

Providence Health Center

6901 Medical Parkway
10 minute drive / 4.76 miles away

Shopping Centers

West Bay

921 S 9th St
1 minute drive / 0.3 miles away

Bear Grounds Plaza

801 S 4th St
1 minute drive / 0.34 miles away

River Square Center

215 S 2nd St
1 minute drive / 0.54 miles away

Franklin Place has 5 shopping centers within 1.0 miles.

Nearby Neighborhoods

Studio to 5 Bedroom Apartments from $689
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Studio to 5 Bedroom Apartments from $689
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Studio to 5 Bedroom Apartments from $599
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Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Waco Studio Apartments $1,199$659$1,920
Waco 1 Bedroom Apartments $1,233$595$2,990
Waco 2 Bedroom Apartments $1,395$770$3,975
Waco 3 Bedroom Apartments $1,439$700$4,379
Waco 4 Bedroom Apartments $1,225$675$2,620

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Viewing: Franklin Place | Desktop Version | Listing Updated: 09/03/2025 | AHLSLV