
Apartments for Rent in Frankfort, IL Under $1,500 (28 Rentals)


Heritage Manor

Park Towers Apartment Homes

Westbridge Apartments

Oakwood Townhomes

Towers of Edgewater

Maple Leaf Apartments

Dynasty House Apartments

Cedar Ridge Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Edgewater Walk Apartments

Richton Trail

Olympic Village Apartments

Carriage Creek Apartments

Edenbridge Apartments

Manchester Court Apartments

723 Grant Ave

Linden Park Apartments

The Shields
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Thornwood Apartments

Crest Apartments

16601 Jean Ln

7081 Apartments

Apartments of Orland

7448 Sycamore Ct

Central Park

7449 Sycamore Ct

Autumn Ridge
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Pine Ridge
Frankfort, IL Local Guide

How much does it cost to rent an apartment in Frankfort?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Frankfort Studio Apartments | $1,549 | $800 | $1,937 |
| Frankfort 1 Bedroom Apartments | $1,864 | $995 | $3,500 |
| Frankfort 2 Bedroom Apartments | $2,401 | $1,175 | $4,356 |
| Frankfort 3 Bedroom Apartments | $2,719 | $1,036 | $6,049 |
| Frankfort 4 Bedroom Apartments | $3,778 | $3,778 | $3,778 |
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Frankfort, IL Local Guide
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Frankfort, IL
Lincoln-Way East High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Frankfort, IL Rentals by Map
See the most popular apartments and homes in Frankfort, IL
Frequently Asked Questions about Frankfort
How much are Studio apartments in Frankfort?
There are currently 7 Studio Apartments in Frankfort with rent ranges from $800 to $1,937 with an average price of $1,549.
What is the current price range for One Bedroom Frankfort Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Frankfort ranges from $995 to $3,500 with an average monthly rent of $1,864.
What does renting a Two Bedroom Apartment in Frankfort cost?
The monthly rent prices of Two Bedroom Apartments currently available in Frankfort range from $1,175 to $4,356. Today's average rental price for Two Bedrooms here is $2,401.
How expensive are Frankfort Three Bedroom Apartments?
There are currently 20 Three Bedroom Apartments listings available in Frankfort on ApartmentHomeLiving.com. The pricing ranges from $1,036 to $6,049 - averaging $2,719 for the location.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.