Highlights
- Onsite laundry
- Newly renovated
- Pet friendly
- Street parking
- Comprehensive reusable tenant screening reports
Location
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Nearby rentals
Renter hub
Property management
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Franklin Apartments features an impressive overall Zumper Expert Rating of 9.4, reflecting its competitive pricing, premium amenities, and excellent location. With a strong emphasis on pet-friendliness and access to outdoor spaces, the property stands out in the 71.74 percentile for value among local rentals. Residents will appreciate the conveniences of onsite laundry and street parking, alongside a transparent management approach that fosters trust.
Things you’ll love
Great for
| 2BR/1.0BA | 2 bed | 1 bath | 815 sqft | $2,150 /mo | 1 unit available | Offering 4 Weeks Free Rent!! Receive a $500 rent credit when you apply within 24 hours of your showing! Newly Renovated with new cabinets and quart countertops! Matterport Video: https my matterport com show ?m=cnNghy7SYiy YouTube Video Tour: https youtube com shorts ZH5ax4gWnss?si=L-mtQ-MXEeLX-RaZ Contact Fiona by phone 206-940-8920 or email **** Location, location, location!! Commuting is a breeze with proximity to Amazon, Microsoft, and other tech hubs, plus excellent public transit options right outside your door. Located in South Lake Union, just minutes away from downtown Seattle, Franklin's unbeatable location is a short bike ride or walk away from convenient shopping, fine dining and immediate access to kayaking and other lake activities. Our building offers onsite laundry facilities with many of our units providing stunning views of Lake Union, the Space Needle and the Olympic Mountains. Walk Score: 87, Bike Score 72, Transit Score 55 FIREPLACES ARE DECOMMISSIONED Cat friendly, sorry no dogs Pet Deposit: $500 per cat /$50/mo/cat Certified ESA and Service Animals accepted Additional Info: Electricity (Seattle City Light) & Internet – Resident responsibility Water, sewer and trash: Conservice, based on usage STREET PARKING Move In Info: Application fee: $50 Holding Deposit: $500 Security Deposit: 75% of monthly rent Neighborhood Info: - Son Of A Butcher: 0.2 mile - Serafina: 0.1 mile - Starbucks: 0.3 mile - Terry Pettus Park: 0.4 mile - Lake Union: 0.4 mile - Grand Central Bakery – Eastlake Café: 0.3 mile - Eastlake Veterinary Hospital: 0.4 mile - Eastlake Specialty Market: 0.3 mile - Eastlake Market: 0.2 mile - Pete’s Supermarket and Wine Shop: 0.4 mile This Community is professionally managed by Peak Living Property Services and offers professional 24/7 emergency maintenance. For other vacancies and information, visit https www peaklivingps com availability We do not accept Comprehensive Reusable Tenant Screening Reports as defined by and pursuant to RCW 59.18. Equal Housing Opportunity. Income verification must be provided showing a gross monthly income of 3x the monthly rent, a minimum credit score of 650, and no history of rental eviction. Pictures are of the actual unit |
Let's explore this property.
Apartment Amenities
| Deck | Large Unit |
| New Cabinets | New Counter Tops |
Appliances
| Dishwasher | In-Unit Laundry |
| New Stove | On Site Washer and Dryer |
| Range |
Building
| Cats OK | Intercom |
Services
| Amazon Package Locker | Package Service |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 17 |
|---|
Offering 4 Weeks Free Rent!! Receive a $500 rent credit when you apply within 24 hours of your showing! Newly Renovated with new cabinets and quart countertops! Matterport Video: https my matterport com show ?m=cnNghy7SYiy YouTube Video Tour: https youtube com shorts ZH5ax4gWnss?si=L-mtQ-MXEeLX-RaZ Contact Fiona by phone 206-940-8920 or email **** Location, location, location!! Commuting is a breeze with proximity to Amazon, Microsoft, and other tech hubs, plus excellent public transit options right outside your door. Located in South Lake Union, just minutes away from downtown Seattle, Franklin's unbeatable location is a short bike ride or walk away from convenient shopping, fine dining and immediate access to kayaking and other lake activities. Our building offers onsite laundry facilities with many of our units providing stunning views of Lake Union, the Space Needle and the Olympic Mountains. Walk Score: 87, Bike Score 72, Transit Score 55 FIREPLACES ARE DECOMMISSIONED Cat friendly, sorry no dogs Pet Deposit: $500 per cat /$50/mo/cat Certified ESA and Service Animals accepted Additional Info: Electricity (Seattle City Light) & Internet – Resident responsibility Water, sewer and trash: Conservice, based on usage STREET PARKING Move In Info: Application fee: $50 Holding Deposit: $500 Security Deposit: 75% of monthly rent Neighborhood Info: - Son Of A Butcher: 0.2 mile - Serafina: 0.1 mile - Starbucks: 0.3 mile - Terry Pettus Park: 0.4 mile - Lake Union: 0.4 mile - Grand Central Bakery – Eastlake Café: 0.3 mile - Eastlake Veterinary Hospital: 0.4 mile - Eastlake Specialty Market: 0.3 mile - Eastlake Market: 0.2 mile - Pete’s Supermarket and Wine Shop: 0.4 mile This Community is professionally managed by Peak Living Property Services and offers professional 24/7 emergency maintenance. For other vacancies and information, visit https www peaklivingps com availability We do not accept Comprehensive Reusable Tenant Screening Reports as defined by and pursuant to RCW 59.18. Equal Housing Opportunity. Income verification must be provided showing a gross monthly income of 3x the monthly rent, a minimum credit score of 650, and no history of rental eviction. Pictures are of the actual unit
How Franklin Apartments compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at Franklin Apartments cost about 25% less than the average rent price for 2-bedroom apartments in Eastlake.
| Month | Median Rent |
|---|---|
| December 2023 | $1,395 |
| January 2024 | $1,395 |
| February 2024 | $1,381 |
| March 2024 | $1,393 |
| April 2024 | $1,395 |
| May 2024 | $1,398 |
| June 2024 | $1,396 |
| July 2024 | $1,425 |
| August 2024 | $1,419 |
| September 2024 | $1,398 |
| October 2024 | $1,386 |
| November 2024 | $1,384 |
| December 2024 | $1,392 |
| January 2025 | $1,395 |
| February 2025 | $1,376 |
| March 2025 | $1,387 |
| April 2025 | $1,395 |
| May 2025 | $1,395 |
| June 2025 | $1,396 |
| July 2025 | $1,396 |
| August 2025 | $1,400 |
| September 2025 | $1,397 |
| October 2025 | $1,392 |
| November 2025 | $1,374 |
| December 2025 | $1,379 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,232 |
| January 2024 | $1,323 |
| February 2024 | $1,325 |
| March 2024 | $1,274 |
| April 2024 | $1,443 |
| May 2024 | $1,394 |
| June 2024 | $1,301 |
| July 2024 | $1,675 |
| August 2024 | $1,651 |
| September 2024 | $1,662 |
| October 2024 | $1,320 |
| November 2024 | $1,228 |
| December 2024 | $1,232 |
| January 2025 | $1,244 |
| February 2025 | $1,292 |
| March 2025 | $1,229 |
| April 2025 | $1,166 |
| May 2025 | $1,279 |
| June 2025 | $1,210 |
| July 2025 | $1,206 |
| August 2025 | $1,234 |
| September 2025 | $1,168 |
| October 2025 | $1,152 |
| November 2025 | $1,135 |
| December 2025 | $1,095 |
Can I afford to live at 2031 Franklin Avenue East?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$86,000/yr
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