Housing in Franklin Park at a glance
- Population
- about 12,150
- Housing units
- about 4,350
- Median value, owner-occupied homes
- $330,000Austin: $555,300 (-41%)
- Median gross rent
- $1,670 a monthAustin: $1,729 (-3%)
- Owner-occupied homes
- 55.3%Austin: 43.4%
- Homes built before 1980
- 54.2%
- Median year built
- 1979
Low values and high ownership go together in Franklin Park. Homes are valued at $330,000, ninth of ten and 41% below Austin's $555,300, yet 55.3% of households own, the second-highest share in the city. Rent of $1,670 ranks fourth. The stock leans old as well, with a 54.2% pre-1980 share (fourth) and homes from 1979 as the typical vintage. Riverside has owners at just 8% and homes valued at $500,000, Pleasant Valley is nearer on price at $317,000 but only 13.7% own, and West University has 10.3% owners at $473,000. Every neighbour listed has far fewer owner households. The area lies to the south of the city's population centre, where low prices and strong ownership coexist. In counts, 2,293 owner households face 1,853 renter households among 4,350 housing units, and rent sits 3% beneath Austin's $1,729. The sector has 12,150 residents, and ownership here exceeds the Austin rate by 11.9 points.
Questions about Franklin Park
What is the median home value in Franklin Park, Austin?
$330,000 for owner-occupied homes, against $555,300 for Austin as a whole (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary). It is the owners' own estimate of their home's value, not a sale price.
What is the median rent in Franklin Park?
$1,670 a month in gross rent (rent plus utilities paid by the renter), against $1,729 in Austin (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Do most people in Franklin Park own or rent?
Most own: 55.3% of occupied homes are owner-occupied, against 43.4% in Austin (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Data and method
Data as of: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (retrieved 2026-11-02).
Estimate from the 3 census tracts whose internal point lies within the official boundary: counts are summed, and each median is recomputed from the summed value, rent and year-built brackets (grouped median, linear interpolation). The gap with the city is measured with the same method on the whole city.
Franklin Park is one of the 10 most populous of 65 neighborhood planning areas of Austin: estimated population about 12,150 (Payotte estimate: Census ACS 2020-2024 populations of the census tracts whose internal point lies inside the boundary; boundaries from City of Austin GIS, Neighborhood Planning Areas, consulted 2026-11-02).
Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, tables B01003, B25001, B25003, B25034, B25063, B25064, B25075, B25077; U.S. Census Bureau, 2024 Gazetteer files (census tract internal points). City figures: the same survey, published for Austin as a whole. Home values are owners' estimates, not sale prices.
Near Franklin Park
The closest sectors of Austin, by distance between population centres.
Other sectors of Austin
Five trades, one spot each
Payotte lists one professional per trade in Franklin Park. No one is listed yet: every spot is open.
- Real estate agentOpen spot
- Mortgage loan officerOpen spot
- Home inspectorOpen spot
- Real estate attorneyOpen spot
- AppraiserOpen spot
Work in one of these trades in Franklin Park? Ask for your spot.