Franklin Gardens — Income-Restricted Housing in Austin, TX 78721
3522 E Martin Luther King Jr Blvd, Austin, TX 78721
22 units · 21 income-restricted · 1 BR
Leasing office: (512) 522-9186Directions
How to apply
- Call the leasing office at (512) 522-9186 to ask about applying, vacancies, and waiting lists.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 2010
- Bedrooms
- 21 1 bedroom
- HUD inspection
- HUD inspection score: 98/100 (Jun 2025) HUD inspects subsidized buildings on a 0–100 scale. This is a snapshot, not a pass/fail grade.
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Nearby income-restricted buildings
3209 E 16th St
3209 E 16th St, Austin, TX 78721
0.4 mi away
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- Affordability period may have ended — call to confirm
Duplex at 3905 Chase Circle
3905 Chase Cir, Austin, TX 78721
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- Affordability period may have ended — call to confirm
1401 Astor Pl
1401 Astor Pl, Austin, TX 78721
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- Affordability period may have ended — call to confirm
3501 Pennsylvania Ave
3501 Pennsylvania Ave, Austin, TX 78721
0.6 mi away
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- Affordability period may have ended — call to confirm
Rollins Martin Apts
1172 Webberville Rd, Austin, TX 78721
0.8 mi away
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Springdale Gardens
3701 Oak Springs Dr, Austin, TX 78721
0.8 mi away
100 units · 97 income-restricted · 1–3 BR
1120 Mark St
1120 Mark St, Austin, TX 78721
1 mi away
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- Affordability period may have ended — call to confirm
1132-C Berger
1132C Berger St, Austin, TX 78721
1 mi away
1 unit · 3 BR
- Affordability period may have ended — call to confirm
Rents and income limits in 78721
- Fair market rent, 2 bedrooms
- $1,810/mo
- Income needed to pay it at 30% of income
- $72,400/yr
- Renters in 78721 paying 30% or more of income on rent
- 52%
Income limits (2026)
Austin-Round Rock-San Marcos, TX area · median family income $134,400. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $28,250 | $47,050 | $74,800 |
| 2 | $32,250 | $53,800 | $85,450 |
| 3 | $36,300 | $60,500 | $96,150 |
| 4 | $40,300 | $67,200 | $106,800 |
| 5 | $43,550 | $72,600 | $115,350 |
| 6 | $46,750 | $78,000 | $123,900 |
| 7 | $50,040 | $83,350 | $132,450 |
| 8 | $55,720 | $88,750 | $141,000 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 78721 | Wider area |
|---|---|---|
| Studio | $1,440 | $1,447 |
| 1 bedroom | $1,520 | $1,530 |
| 2 bedrooms | $1,810 | $1,817 |
| 3 bedrooms | $2,280 | $2,292 |
| 4 bedrooms | $2,680 | $2,689 |
Wider area = Austin-Round Rock-San Marcos, TX. Two-bedroom fair market rents in 12 nearby ZIPs range from $1,670 (78742) to $2,730 (78701).
Census figures for 78721 (2020–2024 average): median rent $1,482. Median household income $84,573. 49% of homes are rented. 52% of renters pay 30% or more of their income on rent, and 15% pay half or more.
Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 78721's fair market rent.
Estimate your Section 8 rent share for 78721Frequently Asked Questions
How do I apply to Franklin Gardens?
Call (512) 522-9186 and ask about applying, vacancies, and waiting lists at Franklin Gardens in Austin, TX 78721. These records do not show openings.
Is Franklin Gardens Section 8 housing?
Franklin Gardens is listed with a HUD-assisted or project-based Section 8 contract. The subsidy stays with the apartment. A Housing Choice Voucher is different — you apply with the housing authority. Confirm the program when you call.
How many units are at Franklin Gardens?
Public records list 22 units at Franklin Gardens in Austin, TX 78721. That is a building size, not a count of open apartments.
Are there other affordable apartments near Franklin Gardens?
Yes — this page lists other income-restricted buildings in 78721 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.
People Also Ask
How do I get into Franklin Gardens?
Call the number on this page and ask about the waiting list or how to apply at Franklin Gardens in Austin, TX 78721. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.
How do I qualify for affordable housing in Austin, TX 78721?
Most income-restricted buildings in Austin, TX 78721 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $47,050, and $67,200 for a 4-person household. Public housing can go up to 80% ($74,800 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Austin, TX 78721?
For many programs in Austin, TX 78721, the 2026 HUD very low-income (50%) limit is $47,050 a year for 1 person and $67,200 for 4 people. The low-income (80%) limit is $74,800 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How much rent do you pay for low-income housing in Austin, TX 78721?
In public housing and most Section 8 in Austin, TX 78721, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Austin, TX 78721 is $1,810 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Does Franklin Gardens take Section 8 vouchers?
Franklin Gardens is listed with project-based Section 8 or HUD assistance — the subsidy is on the unit, so you usually apply at the building rather than bringing a tenant voucher. Ask when you call whether they also accept Housing Choice Vouchers.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.