5+ Days Ago
Highlights
- Granite counters
- Renovated unit
Location
4903 Merritt Dr, Austin, TX 78744, USA|Franklin Park
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Property Overview
MERRITT 4903 showcases granite countertops and a fully renovated unit, contributing to a strong overall Zumper expert rating of 7.8. The property excels in value, pricing competitively with an 8 out of 10 rating, and offers a premier array of amenities rated at 8, alongside a remarkable location rated 9 for its convenience to essential services. With a trustworthiness score of 8, it provides transparency regarding its offerings, further highlighting its appeal as a desirable rental option.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Less expensive
- Middle school nearby
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 800 sqft | $950 /mo | 2 units available | This unit is renovated and comes complete with washer, dryer and refrigerator. Granite counters. Property is located within short walking distance to bus stop and convenience store. Each unit comes with 2 parking spaces. This unit D is an upstairs unit. All leases will be enrolled in the ALPS Resident Benefit Program at a cost of $45.95/month. Details can be found on the picture/brochure included. |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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Building details
Property details
| Units | 4 |
|---|
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About MERRITT 4903
This unit is renovated and comes complete with washer, dryer and refrigerator. Granite counters. Property is located within short walking distance to bus stop and convenience store. Each unit comes with 2 parking spaces. This unit D is an upstairs unit. All leases will be enrolled in the ALPS Resident Benefit Program at a cost of $45.95/month. Details can be found on the picture/brochure included.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.8
/10
Very GoodMERRITT 4903 is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, MERRITT 4903 is a great option for renters looking for apartments in Franklin Park. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, MERRITT 4903 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
MERRITT 4903 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While MERRITT 4903 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How MERRITT 4903 compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 0.3 mile away
- High school nearby
- There is a high school 1 mile away
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Rent trends in Franklin Park
2-bedroom apartments at MERRITT 4903 cost about 37% less than the average rent price for 2-bedroom apartments in Franklin Park.
Median rents as of Dec 13 2025.
Franklin Park
Austin
| Month | Median Rent |
|---|---|
| December 2023 | $1,490 |
| January 2024 | $1,488 |
| February 2024 | $1,500 |
| March 2024 | $1,519 |
| April 2024 | $1,507 |
| May 2024 | $1,499 |
| June 2024 | $1,553 |
| July 2024 | $1,444 |
| August 2024 | $1,484 |
| September 2024 | $1,520 |
| October 2024 | $1,496 |
| November 2024 | $1,477 |
| December 2024 | $1,473 |
| January 2025 | $1,468 |
| February 2025 | $1,458 |
| March 2025 | $1,465 |
| April 2025 | $1,491 |
| May 2025 | $1,498 |
| June 2025 | $1,532 |
| July 2025 | $1,520 |
| August 2025 | $1,529 |
| September 2025 | $1,504 |
| October 2025 | $1,465 |
| November 2025 | $1,503 |
| December 2025 | $1,485 |
| Month | Median Rent |
|---|---|
| January 2025 | $1,102 |
| February 2025 | $1,102 |
| May 2025 | $1,253 |
| August 2025 | $1,176 |
| October 2025 | $1,230 |
| November 2025 | $1,255 |
| December 2025 | $1,255 |
Affordability calculator
Can I afford to live at 4903 Merritt Dr?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$38,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $38,000 annually to afford this 2-bedrooms monthly rent price of $950.
For more information on rent affordability, visit our rent calculator.
Schools near MERRITT 4903
Uphaus Early Childhood Center
5200 freidrich ln
austin, TX, 78744
PK, KPublic
B
Houston Elementary School
5409 ponciana dr
austin, TX, 78744
PK, K-6Public
C+
Rosedale School
7505 silvercrest dr
austin, TX, 78757
PK, K-12Public
Padron Elementary School
2011 w rundberg ln
austin, TX, 78758
PK, K-5Public
C
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Internet available near MERRITT 4903
Neighborhood
Franklin Park | Austin, TX
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Austin near 4903 Merritt Dr
Walking
5/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 4903 Merritt Dr, Austin
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
2/10
Some bars within walking distance
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