
Cheap Homes for Rent in Franklin Park Neighborhood of Austin, TX from $700 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the Franklin Park area of Austin.


Room in Condo on Red Bud Ridge Ln

4910 Pepper Ln

5000 Weidemar Ln

4903 Merritt Dr

3429 Willowrun Dr

3427 Willowrun Dr

3460 Willowrun Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2215 Mission Hill Dr

4307 S 1st St

212 Lessin Ln

3438 Willowrun Dr

6000 S Congress

6912 Branchwood Dr

3462 Willowrun Dr

5912 Hidden Valley Trail
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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6910 Circle S Rd

1740 Timber Ridge Rd

5009 Copperbend Blvd

4802 S Congress Ave

2326 Deadwood Dr

6801 Stonleigh Pl

6707 Skynook Dr

5919 Hidden Valley Trail
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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 | $1,698 | $775 | $3,500 |
| Franklin Park 3 Bedroom Homes for Rent | $2,244 | $1,395 | $6,000 |
| Franklin Park 4 Bedroom Homes for Rent | $2,500 | $1,850 | $2,850 |
| Franklin Park 5 Bedroom Homes for Rent | $4,200 | $2,450 | $5,950 |
Browse Homes for Rent in this Neighborhood
There are currently 24 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 RETREAT AT NORTH BLUFF priced from $586. Logans Mill has the second lowest priced unit, which is a 1 Bed apartment currently listed from $629. Here are the most affordable Franklin Park apartments for rent in Austin, TX:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RETREAT AT NORTH BLUFF | A2 | 1BR,1BA | $586 |
| Logans Mill | A1A The Madison | 1BR,1BA | $629 |
| Coppertree | Coventry | 1BR,1BA | $649 |
| EKOS City Heights | 1x1 | 1BR,1BA | $674 |
| V at SoCo | 1x1 | 1BR,1BA | $674 |
Best Value Apartments for Rent in Franklin Park, TX
As of April 23, 2026 the best value apartment in the Franklin Park area is the $1.17 price per square foot Three Bedroom Flat Model at Kingfisher Creek in the in the Southeast Austin neighborhood starting from $1,375. The second greatest value Franklin Park apartment is the C1 Model at Bluff Springs Townhomes starting at $1,214 with a $1.22 price per square foot in the South 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. |
|---|---|---|---|
| Kingfisher Creek | Three Bedroom Flat | 3BR,2BA | $1.17 |
| Bluff Springs Townhomes | C1 | 2BR,2BA | $1.22 |
| Logans Mill | B2B The Driskell | 2BR,2BA | $1.27 |
| Urban Oaks | 35-B4 | 2BR,2BA | $1.23 |
| Treehouse Apartments | The 870 | 2BR,2BA | $1.21 |
| Acclaim at South Congress | 1 Bedroom 1 Bath | 1BR,1BA | $1.13 |
| Capitol Crossing | One Bedroom (A1, A2 & A3) | 1BR,1BA | $1.16 |
| Stassney at SoCo | 1.1B | 1BR,1BA | $1.31 |
| Spring Villas- Income Restricted | A1 | 1BR,1BA | $1.26 |
| Chevy Chase Downs | 1BR/1BA | 1BR,1BA | $1.33 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleWork-Life Balance in Austin: Find Your Perfect Apartment Near Top Employers
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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 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 #71
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Franklin Park
What type of rentals are currently available in Franklin Park?
There are currently 134 Apartments for Rent in Franklin Park, TX with pricing that ranges from $649 to $8,957. There are also 128 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Park ranging from $725 to $6,000.
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 $725 to $6,000 with an average monthly rent of $2,431.
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 $1,249 to $7,668, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $6,000. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,475.
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

The 10 Best Affordable Neighborhoods in Austin, TX
Written by: Raul Mercado
I'm Raul, your ApartmentHomeLiving.com local expert for Austin, Texas.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Austin
Written by: Raul Mercado
For many people the College years are some of the best years of your life. And you can certainly make the most of those years by finding the perfect place around your campus to call home.

Beyond "Keep Austin Weird": Your Insiders Ultimate Guide to Renting and Living in Austin, Texas
Written by: Raul Mercado
Hi, I’m Raul, the ApartmentHomeLiving.com Local Guide for Austin. I’ve called the area home long enough to know all the shortcuts and best places to check out and am happy to share them with you today.

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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Renting your next home can feel thrilling and overwhelming at the same time.