Cheap Apartments for Rent in Franklin Grove, IL from $400 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in Franklin Grove.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Blackhawk Apartments
1 to 2 Bedroom Apartments

Blackhawk Apartments

406 S 3rd StOregon, IL 61061
  • Utilities Included
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Rock Falls Apartments
Studio to 2 Bedroom Apartments

Rock Falls Apartments

1608 E Rock Falls RdRock Falls, IL 61071
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Franklin Grove, IL Local Guide

Cheapest Available Franklin Grove Apartments for Rent and Nearby

 

The cheapest available apartment rental in Franklin Grove, IL is a Studio unit found at Northland Park Apartments priced from $625. MEADOWS OF LUKE RIDGE has the second lowest priced unit, which is a 2 Beds apartment currently listed from $670. Here is today’s list of the most affordable Franklin Grove apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northland Park ApartmentsStudioStudio,1BA$625
MEADOWS OF LUKE RIDGE2 BED 1 BATH2BR,1BA$670
Dixon River Apartments1BD/1BA1BR,1BA$675
The Terraces at DekalbRussell Road StudioStudio,1BA$725
University Heights ApartmentsStStudio,1BA$780

Best Value Apartments for Rent in Franklin Grove, IL and Nearby

As of October 21, 2025 the best value apartment in the Franklin Grove area is the $0.98 price per square foot Barrington Plaza Realty.. Model at Barrington Plaza Realty in the in the Devonaire Farms neighborhood starting from $1,650. The second greatest value Franklin Grove apartment is the 3 Bedroom Two Bathroom Model at Amber Manor starting at $1,324 with a $1.10 price per square foot in the Devonaire Farms neighborhood. Here is today’s list of the best values for Franklin Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Barrington Plaza RealtyBarrington Plaza Realty..5BR,2BA$0.98
Amber Manor3 Bedroom Two Bathroom3BR,2BA$1.10
Colonial Apartments3 TH3BR,1.5BA$1.20
Ashbury Court3 B3BR,1.5BA$1.19
MEADOWS OF LUKE RIDGE2 BED 1 BATH2BR,1BA$0.71
4651 GOVERNORS DR2BR/1.0BA2BR,1BA$1.14
Willis Senior Lofts2 Bedroom2BR,1BA$0.99
Immaculate Updated 2 Bedroom2BR/1.0BA2BR,1BA$1.14
103 S Spring St, Unit Apt 3103 S Spring St2BR,1BA$0.94
Dixon River Apartments1BD/1BA1BR,1BA$1.03

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Franklin Grove, IL

Walk Score®

17 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

39 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Franklin Grove Apartments

What is the Cheapest Studio apartment in Franklin Grove?

Currently the most affordable Cheap Studio Apartment in Franklin Grove is at Northland Park Apartments listed at $625.

How much is rent for a Cheap One Bedroom Franklin Grove Apartment?

The lowest price for a Cheap One Bedroom Franklin Grove Apartment is $675 at Dixon River Apartments.

What is the lowest price for a Cheap Two Bedroom Franklin Grove Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Franklin Grove is starting from $670 at MEADOWS OF LUKE RIDGE.

What is the most affordable Franklin Grove Three Bedroom Apartment?

The best deal on a cheap Franklin Grove Three Bedroom Apartment rental is at MEADOWS OF LUKE RIDGE and starts from $757.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.