Cheap Homes for Rent in Franklin Park Neighborhood of Austin, TX from $600 (40 Rentals)

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

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The Art of the Rental Viewing: What to look for during a property tour

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property at 2110 Oak Motte Ln

2110 Oak Motte Ln

AustinTX78744

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

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 Terrace Cove priced from $740. Treehouse Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $771. Here are the most affordable Franklin Park apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Terrace CoveA21BR,1BA$740
Treehouse ApartmentsA11BR,1BA$771
FoxwoodA21BR,1BA$774
Chevy Chase Downs1BR/1BA1BR,1BA$799
iConic South 1st1X1-C1BR,1BA$805
Urban Oaks35-A41BR,1BA$850
Acclaim at South Congress1 Bedroom 1 Bath1BR,1BA$875
MontecitoCedar1BR,1BA$900
CoppertreeCamden1BR,1BA$929
Bridge at Monarch Bluffs50-A1b8Studio,1BA$939

Best Value Apartments for Rent in Franklin Park, TX

As of July 29, 2025 the best value apartment in the Franklin Park area is the $1.30 price per square foot 3 Beds, 2 baths Model at Kingfisher Creek Apartments in the in the Southeast Austin neighborhood starting from $1,534. The second greatest value Franklin Park apartment is the B3R Model at The Aspect starting at $1,539 with a $1.31 price per square foot in the Oltorf-East Riverside 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.
Kingfisher Creek Apartments3 Beds, 2 baths3BR,2BA$1.30
The AspectB3R2BR,2BA$1.31
Stassney at SoCo2.2B2BR,2BA$1.20
Bluff Springs TownhomesC12BR,2BA$1.01
Terrace CoveB12BR,1BA$1.32
Capitol CrossingOne Bedroom (A1, A2 & A3)1BR,1BA$1.47
Polaris on the Park - Renovated Apartments1 Bedroom1BR,1BA$1.39
Saratoga RidgeA21BR,1BA$1.45
Tramor at Oak BendA21BR,1BA$1.47
FoxwoodA11BR,1BA$1.47

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Frequently Asked Questions about Franklin Park

What type of rentals are currently available in Franklin Park?

There are currently 138 Apartments for Rent in Franklin Park, TX with pricing that ranges from $711 to $7,197. There are also 184 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Park ranging from $675 to $4,500.

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 $675 to $4,500 with an average monthly rent of $1,966.

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 $1,299 to $7,197, while Three Bedroom Homes, Condos, and Townhomes for rent range from $675 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,899 and Four Bedroom Apartments start at $1,699.

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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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.