Two Bedroom
2 Bedrooms • 2 Baths • 1,300 Sq Ft
Starting at $1,054/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| Two Bedroom | $1,054 | 1,300 | Oct 12 |
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Franklin Park
$1,054 – $1,718/mo
- 2–4 bedrooms
- 2 baths
- 1,100–1,300 sq ft
- 3 units available
- Pet friendly
As of October 14, 2026, Franklin Park in Austin, TX has 3 apartments for rent from $1,054 to $1,718/mo. Two-bedrooms start at $1,054, three-bedrooms at $1,553, and 4-bedrooms at $1,718. The average asking rent has fallen 6.8% since May 8, 2026, from $1,548 to $1,442.
Floor plans
Franklin Park has 3 units available across 3 floor plans: a two-bedroom layout (1,300 sq ft), a three-bedroom layout (1,100 sq ft), and a 4-bedroom layout (1,300 sq ft). Prices checked October 14, 2026.
Three Bedroom
3 Bedrooms • 2 Baths • 1,100 Sq Ft
Starting at $1,553/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| Three Bedroom | $1,553 | 1,100 | Oct 12 |
Four Bedroom
4 Bedrooms • 2 Baths • 1,300 Sq Ft
Starting at $1,718/mo
| 1 available unit | Price | Sq ft | Available | Open unit |
|---|---|---|---|---|
| Four Bedroom | $1,718 | 1,300 | Oct 12 |
See all 3 units listed at Franklin Park, including ones no longer available.
Cost to rent here
At Franklin Park, a two-bedroom starts at about $1,409 a month all-in: $1,054 rent and an estimated $355 for electric, gas, water, internet, renters insurance, and laundry. A three-bedroom starts at about $2,005 and a 4-bedroom at about $2,170.
All-in from$1,409/mo
Estimates are local averages, not quotes from the property.
Can you afford it?
Most landlords ask for a monthly income of about 3× the rent, so qualifying at Franklin Park takes about $37,944 a year for a two-bedroom, $55,908 for a three-bedroom, and $61,848 for a 4-bedroom. Keeping the $1,409 all-in month for a two-bedroom within 35% of take-home pay takes an income of about $57,500 a year.
Total monthly housing cost
$1,409/mo
Income to afford it comfortably
$57,500/yr
Income to qualify
$37,944/yr
Your estimated budget
$ —/mo
See what you can afford here
Add your income and debts for a rent budget at this building.
Rent history
Over the past year, the average asking rent at Franklin Park has ranged from $1,325 to $1,697. The current average is $1,442, down $106 (6.8%) from $1,548 at the start.
Prices reflect the average advertised rent across units listed as available each day (128 days observed).
Fees & lease terms
At Franklin Park, leases run 12 months.
Rent
$1,054 – $1,718/moLease term
12 monthsEarliest move-in
Oct 12
Amenities
Franklin Park is pet friendly. It lists 24 amenities, including new fitness center, new swimming pool, and patio/balcony.
Business Center
Fully Renovated Community Clubhouse
New Bike Racks
New Covered School Bus Shelter
New Fitness Center
New Key-Fob Controlled Entry Access
New Outdoor Play Area
New Picnic And Grilling Areas
New Swimming Pool
Off Street Parking
Patio/Balcony
Pet Friendly
Planned Resident Activities By Portfolio Resident Services
Smoke Free Community
Additional Exterior Storage Space Included
Ceiling Fans
Designer Lighting And Hardware Package
Enjoy One Less Bill - Water And Sewer Are On Us
New Bathroom Vanity Tops And Accessories
New Electronic Deadbolt Locking System
New Kitchen Cabinetry And Countertops
Open And Spacious Floor Plans
Patio Or Balcony
Walk-In Closets
Location
4509 E St Elmo Rd, Austin, TX, 78744
Resident reviews
Residents of Franklin Park rate location (5.0) and management (4.7) highest and building quality (3.7) lowest.
3.2 · 100+ reviews
Overall rating
Positive
Mixed
Neutral
Negative
Management4.7
Maintenance4.3
Amenities and Shared Spaces4.7
Building Quality3.7
Location5.0
Overall95 reviews
Franklin Park Apartments offers spacious, well-maintained units at affordable rates with responsive maintenance and welcoming staff. Most residents praise the clean grounds, amenities including pool and fitness center, and professional management. However, some residents report maintenance delays and occasional property upkeep issues, while a small number cite concerns about community safety and pest control.
Management and office staff receive consistently high praise for professionalism, responsiveness, and genuine care for residents. Staff handle leasing, maintenance requests, and tenant concerns promptly and courteously, with particular recognition for clear communication and accommodating service. A small number of older reviews cite unprofessional conduct, though recent feedback overwhelmingly reflects positive experiences with current management.
Maintenance response times are generally quick, with most residents reporting fast completion of work orders and responsive service. However, some residents report inconsistent performance, with occasional delays and incomplete follow-through on repairs. HVAC and appliance repairs are typically handled promptly, though a few residents experienced recurring issues with the same appliances requiring multiple service calls.
Residents consistently praise the property's well-maintained amenities, including a clean pool, functional fitness center with convenient hours, and community spaces like the club room and playground. Office staff receive high marks for friendliness and responsiveness. However, older reviews document concerns about common-area cleanliness, trash management, parking conditions, and maintenance responsiveness that appear to have improved over time.
The building shows mixed physical condition, with spacious interiors and decent finishes initially, but maintenance responsiveness and common area upkeep have declined over time. Recurring issues include pest infestations, noise transmission between units, malfunctioning appliances, and delayed work order completion. Common areas experience trash accumulation and lighting failures, while fire alarm and water service disruptions have been reported.
Residents highlight the property's convenient location with nearby amenities and proximity to employment areas. The community is described as clean, quiet, and welcoming, with accessible services and stores within reasonable distance. Location benefits are consistently noted as a key advantage for families and commuters.
Getting around
Franklin Park is car-dependent and not bikeable, and transit is minimal.
- Walking
- Car-dependent
- Grade F
- Transit
- Minimal
- Grade F
- Biking
- Not bikeable
- Grade F
Climate and air quality
Air quality near Franklin Park was good on 258 of the past 365 days, and at its worst in July (average AQI 49, good). Daily highs averaged 99°F in August, the warmest month, and lows averaged 43°F in January, the coldest.
Air quality
258 good-air days
of the past 365: Good, AQI 25
Temperature
99° / 43°
average August high / January low: 89° high, 75° low
Pollen
High
Oct 14–18 forecastTree: high, grass: moderate, weed: high
| Month | Average high | Average low | Average AQI | Good-air days |
|---|---|---|---|---|
| January | 64°F | 43°F | 45 (good) | 20 of 31 |
| February | 74°F | 51°F | 48 (good) | 16 of 28 |
| March | 81°F | 58°F | 43 (good) | 25 of 31 |
| April | 79°F | 64°F | 43 (good) | 24 of 30 |
| May | 83°F | 65°F | 48 (good) | 20 of 31 |
| June | 91°F | 75°F | 44 (good) | 22 of 30 |
| July | 93°F | 75°F | 49 (good) | 13 of 31 |
| August | 99°F | 76°F | 46 (good) | 18 of 31 |
| September | 97°F | 76°F | 46 (good) | 21 of 30 |
| October | 85°F | 66°F | 40 (good) | 26 of 31 |
| November | 76°F | 57°F | 37 (good) | 27 of 30 |
| December | 67°F | 48°F | 41 (good) | 26 of 31 |
About this property
Discover a wide selection of income-restricted 2, 3 & 4 bedroom apartments in Austin, TX. Browse available layouts and visit Franklin Park today!
Nearby schools
The closest school to Franklin Park is Harmony School of Innovation, a charter elementary school 0.5 miles away. The closest public school is Uphaus Early Childhood Center, 1.1 miles away.
| School | Type | Level | Distance |
|---|---|---|---|
Harmony School of Innovation Charter · Elementary | Charter | Elementary | 0.5 mi |
Harmony School of Excellence - Austin Charter · High | Charter | High | 0.6 mi |
Ofelia's Day Care Center Private · Preschool | Private | Preschool | 0.6 mi |
Little Explorers Child Care Private · Preschool | Private | Preschool | 0.7 mi |
Johnson Day Care Private · Preschool | Private | Preschool | 0.8 mi |
City School Private · Middle | Private | Middle | 1.0 mi |
St George's Episcopal School Private · Preschool | Private | Preschool | 1.0 mi |
Uphaus Early Childhood Center Public · Elementary | Public | Elementary | 1.1 mi |
KIPP Austin Obras Charter · Elementary | Charter | Elementary | 1.1 mi |
Houston Extend A Care Dc Private · Preschool | Private | Preschool | 1.2 mi |
Contact & management
Franklin Park is managed by Dominium. The leasing office's phone number is (512) 916-9275.
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