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Monthly Rent
$1,163 - $2,166
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Bedrooms
1 - 2 bd
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Bathrooms
1 - 2 ba
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Square Feet
569 - 1,289 sq ft
Discover great apartment home living in downtown Waco, Texas, at Franklin Place. These affordable apartments are located in a premier area close to schools, shopping, dining, and entertainment establishments. There are great outdoor recreational activities available, Baylor University is close by, and if business travel is an important part of your daily life, Waco Regional Airport is only a short drive away. Add easy access to Interstate 35 and several local highways, and everything you want and need is easily within reach.Our unique floor plans are sure to impress, with one and two bedroom apartments for rent equipped with the amenities you deserve. High ceilings, granite countertops, and hardwood floors offer stylish enhancements that will inspire and delight. Our spacious and bright apartments have all-electric kitchens with a dishwasher and breakfast bar, making food preparation fun again. There is room for everything in large walk-in closets, and the convenience of a washer and dryer in the home. Once you arrive, you realize that these apartment homes have something for everyone.Become a resident and take advantage of the community amenities at your disposal. Get a jump on your day with a workout at our state-of-the-art fitness center. We are proud to offer a concierge package and getting around is easy and enjoyable with the use of the elevator. There are many beautiful public parks in the neighborhood..
Pricing & Floor Plans
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Unit 212price $1,163square feet 569availibility Now
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Unit 214price $1,202square feet 600availibility Now
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Unit 304price $1,202square feet 600availibility Now
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Unit 314price $1,202square feet 600availibility Now
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Unit 318price $1,241square feet 630availibility Now
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Unit 212price $1,163square feet 569availibility Now
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Unit 214price $1,202square feet 600availibility Now
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Unit 304price $1,202square feet 600availibility Now
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Unit 314price $1,202square feet 600availibility Now
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Unit 318price $1,241square feet 630availibility Now
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.
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Utilities & Essentials
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Concierge ServicesConcierge Services Charged per unit.$110 / mo
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Property Liability FeeProperty Liability Fee Charged per unit.$12 / mo
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Trash BillingTrash Billing Charged per unit.$15 / mo
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One-Time Basics
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Due at Application
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Administrative FeeAdministrative Fee (Non Refundable) Charged per unit.$60
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Application FeeApplication Fee Charged per applicant.$75
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Due at Application
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Pet Fee - One Time Only (Non-Refundable)Pet Fee -Dog One Time Only (Non-Refundable) Charged per pet.$300
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Pet RentMonthly Pet Rent Charged per pet.$35 / mo
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Other
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PARKING SPACE - ParkingPARKING SPACE - Parking Charged per vehicle.$45 / mo
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Extra Keys Or Lock ChangesExtra Keys Or Lock Changes - Enter Description Her Charged per unit.$1
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Cleaning ChargesCleaning - Enter Cleaning Damage Description Here Charged per unit.$25
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Trash OutTrash Out - Enter Damage Description Here Charged per unit.$25
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Administrative FeeOnline Administrative Fee Charged per unit.$125
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Damage ChargesDamage Charges - Enter Damage Description Here Charged per unit.$25
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Transfer FeesTransfer Fees Charged per unit.$200
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Carpet - Damages / Repair / ReplaceCarpet - Enter Carpet Damage Description Here Charged per unit.$25
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Blinds - Damages / Repair / ReplaceBlind - Enter damage description here Charged per unit.$25
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Month To Month ChargesMonth To Month Fee Charged per unit.$300
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Lease Options
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1 - 19 Month Leases
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Short term lease
Property Information
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Built in 2014
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63 units/4 stories
About Franklin Place
Discover great apartment home living in downtown Waco, Texas, at Franklin Place. These affordable apartments are located in a premier area close to schools, shopping, dining, and entertainment establishments. There are great outdoor recreational activities available, Baylor University is close by, and if business travel is an important part of your daily life, Waco Regional Airport is only a short drive away. Add easy access to Interstate 35 and several local highways, and everything you want and need is easily within reach.Our unique floor plans are sure to impress, with one and two bedroom apartments for rent equipped with the amenities you deserve. High ceilings, granite countertops, and hardwood floors offer stylish enhancements that will inspire and delight. Our spacious and bright apartments have all-electric kitchens with a dishwasher and breakfast bar, making food preparation fun again. There is room for everything in large walk-in closets, and the convenience of a washer and dryer in the home. Once you arrive, you realize that these apartment homes have something for everyone.Become a resident and take advantage of the community amenities at your disposal. Get a jump on your day with a workout at our state-of-the-art fitness center. We are proud to offer a concierge package and getting around is easy and enjoyable with the use of the elevator. There are many beautiful public parks in the neighborhood..
Franklin Place is an apartment community located in Mclennan County and the 76701 ZIP Code. This area is served by the Waco Independent attendance zone.
Fans of HGTV's "Fixer Upper" are already familiar with Waco, a fast-growing city along the Brazos River in central Texas. But long before Chip and Joanna Gaines began remodeling the city one fixer-upper at a time, Waco was attracting savvy residents looking for a home deep in the heart of Texas. Downtown Waco is where the city began, growing around the iconic Waco Suspension Bridge, completed in 1870. The bridge is located in downtown's Indian Spring Park, with Doris D. Miller Park on the other side of the bridge. Indian Spring Park is the site of Waco's original settlement. Today, in addition to the bridge, the park contains the "Branding the Brazos" Sculpture and a riverwalk.
In addition to Magnolia Market at the Silos, Waco is home to the Dr. Pepper Museum, the Earle-Napier-Kinnard House, Cameron Park Zoo, and Baylor University. The soft drink Dr. Pepper was invented in Waco in 1906, and the museum is a popular tourist destination.
Learn more about living in Downtown WacoCompare neighborhood and city base rent averages by bedroom.
| Downtown Waco | Waco, TX | |
|---|---|---|
| Studio | $1,055 | $966 |
| 1 Bedroom | $1,151 | $1,026 |
| 2 Bedrooms | $1,327 | $1,278 |
| 3 Bedrooms | $1,283 | $1,499 |
| Monday | 9am - 6pm |
|---|---|
| Tuesday | 9am - 6pm |
| Wednesday | 9am - 6pm |
| Thursday | 9am - 6pm |
| Friday | 9am - 6pm |
| Saturday | Closed |
| Sunday | Closed |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 3 min | 1.6 mi | |
| Drive: | 9 min | 4.9 mi | |
| Drive: | 12 min | 7.1 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
Franklin Place Photos
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Franklin Place
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Models
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1 Bedroom
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1 Bedroom
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1 Bedroom
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1 Bedroom
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2 Bedrooms
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2 Bedrooms
Franklin Place does not offer in-unit laundry or shared facilities. Please contact the property to learn about nearby laundry options.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Parking is available at Franklin Place for $45 / mo. Contact this property for details.
Franklin Place has one to two-bedrooms with rent ranges from $1,163/mo. to $2,166/mo.
Yes, Franklin Place welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,163 for a one-bedroom, you would need to earn about $46,520 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
Franklin Place is not currently offering any rent specials. Check back soon, as promotions change frequently.
While Franklin Place does not offer Matterport 3D tours, renters can request a tour directly through our online platform.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources
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