
Cheap Homes for Rent in the Franklin Park Neighborhood of Austin, TX from $540 (44 Rentals)
Search the lowest-cost Homes available for rent right now in the Franklin Park area of Austin.


Room in House on Southwest Dr

3427 Willowrun Dr, Unit D

3427 Willowrun Dr

3412 Willowrun Dr

3005 Parker Ln

3405 Willowrun Cove

2809 Parker Ln
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1720 Woodward St, Unit 210

4500 E Oltorf St

4501 Witham Ln

3425 Willowrun Dr

Room in Apartment on N Bluff Dr

3429 Willowrun Dr

5309 Woodland Oaks Ct

3003 Parker Ln, Unit D
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3003 Parker Ln

Room in Apartment on N Bluff Dr

2215 Mission Hill Dr

3436 Willowrun Dr

3454 Willowrun Dr

3454 Willowrun Dr

Room in Apartment on N Bluff Dr

Room in Apartment on N Bluff Dr
The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX
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3403 Willowrun Cove

5809 Spring Meadow Rd

3464 Willowrun Dr

2450 Wickersham Ln

4501 Lareina Dr

3415 Willowrun Dr

4903 Merritt Dr

4903 Merritt Dr, Unit D
Beyond "Keep Austin Weird": Your Insider's Ultimate Guide to Renting and Living in Austin, Texas
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2326 Deadwood Dr

2201 Mission Hill Dr

Room in Condo on Red Bud Ridge Ln

4713 Franklin Park Dr

5105 Teri Rd

4405 Teri Rd

2501 Teri Rd, Unit B

2501 Teri Rd
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5919 Hidden Valley Trail

2905 Parker Ln

6800 Trendal Ln

4406 Dovewood Dr
Franklin Park, Austin, TX Local Guide

How much does it cost to rent a home in Franklin Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Park 2 Bedroom Homes for Rent | $1,528 | $800 | $3,150 |
| Franklin Park 3 Bedroom Homes for Rent | $2,192 | $1,345 | $3,950 |
| Franklin Park 4 Bedroom Homes for Rent | $2,533 | $1,725 | $5,000 |
| Franklin Park 5 Bedroom Homes for Rent | $4,122 | $2,295 | $5,950 |
Browse Homes for Rent in this Neighborhood
There are currently 44 rentals with your search options within a 2 mile radius of the Franklin Park Neighborhood of Austin, TX.
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Franklin Park, Austin, TX Local Guide
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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 $649. Coppertree Apartment Homes 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chevy Chase Downs | 1BR/1BA | 1BR,1BA | $649 |
| Coppertree Apartment Homes | Coventry | 1BR,1BA | $699 |
| Terrace Cove Apartment Homes | A1 | 1BR,1BA | $750 |
| Treehouse Apartments | The 408 | Studio,1BA | $765 |
| Logans Mill | A1A The Madison | 1BR,1BA | $768 |
| Willow Brook Apartments | A2S - One Bedroom with Sunroom | 1BR,1BA | $805 |
| Grace Woods | A2 | 1BR,1BA | $809 |
| The Aspect | A1IR | 1BR,1BA | $825 |
| Bridge at Canyon View | A1 | 1BR,1BA | $839 |
| Foxwood | A1 | 1BR,1BA | $840 |
Best Value Apartments for Rent in Franklin Park, TX
As of September 06, 2026 the best value apartment in the Franklin Park area is the $1.22 price per square foot D1 Model at Spring Villas- Income Restricted in the in the South Austin neighborhood starting from $1,650. The second greatest value Franklin Park apartment is the Three Bedroom Flat Model at Kingfisher Creek starting at $1,375 with a $1.17 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Spring Villas- Income Restricted | D1 | 4BR,2BA | $1.22 |
| Kingfisher Creek | Three Bedroom Flat | 3BR,2BA | $1.17 |
| Ethos Apartments | B2 | 2BR,2BA | $1.08 |
| Bridge at Canyon View | B1 | 2BR,2BA | $1.24 |
| Willow Brook Apartments | C1 - Two Bedroom Townhome | 2BR,2BA | $1.33 |
| Polaris on the Park | 2 Bedroom | 2BR,1.5BA | $1.16 |
| Chevy Chase Downs | 2BR/1.5BA | 2BR,1.5BA | $1.29 |
| Acclaim at South Congress | 1 Bedroom 1 Bath | 1BR,1BA | $1.13 |
| Capitol Crossing | One Bedroom (A1, A2 & A3) | 1BR,1BA | $1.28 |
| SoCo Park Apartments | A | 1BR,1BA | $1.28 |
Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers
The Austin job market is booming, but where should you live? Discover the most affordable and charming neighborhoods that put you minutes from Dell Seton, IBM, and Dell.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating 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 ArticleLocal Expert's Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Austin, TX metro area for affordable living. Find your perfect Austin Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleFranklin Park, Austin, TX
Ranked #45
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Franklin Park
What type of rentals are currently available in Franklin Park?
There are currently 146 Apartments for Rent in Franklin Park, TX with pricing that ranges from $649 to $20,399. There are also 163 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Park ranging from $540 to $5,950.
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 $540 to $5,950 with an average monthly rent of $1,903.
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 $1,199 to $20,399, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,345 to $3,950. Four Bedroom Single-Family rentals are also available starting from $1,725 and Four Bedroom Apartments start at $1,400.
Expert Rental Resources
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.
Helpful Local Expert Guides

Where to Stay in Austin: The Best Neighborhoods for Short-Term Rentals
Written by: Raul Mercado
I’m Raul, your ApartmentHomeLiving.com local expert for Austin. After living in Austin for more than 10 years, I’ve seen firsthand how the short term rental scene has changed in the live music capital of the world.

Keep Austin Affordable: A Renter's Guide to the Best Suburbs Around the City
Written by: Raul Mercado
I’m Raul, your ApartmentHomeLiving.com local expert for Austin.

The Real Cost of Keeping Austin Weird: A Local Expert’s Guide to Budget Living in ATX
Written by: Raul Mercado
I’m Raul, your ApartmentHomeLiving.com local expert for Austin. I spend most of my time helping people understand what it actually costs to live in the music capital of Texas and where the best places to settle are.

Work-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers
Written by: Raul Mercado
Hello! I’m Raul, your ApartmentHomeLiving.com local expert for Austin, Texas. I’ve spent years exploring Austin’s neighborhoods throughout my time living in this great city in different apartments and homes.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.