3112 Calwagner St
Franklin ParkIL60131
Cheap Apartments for Rent in Franklin Park, IL from $600 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin Park.
close
View Me
from $1,3001 Bedroom Apartment Available Aug 1
3109 Calwagner St, Unit 1W
3109 Calwagner StFranklin Park, IL 60131
close
View Me
from $1,4001 Bedroom Apartments Available Now
9521 Franklin Ave
9521 Franklin AveFranklin Park, IL 60131
close
View Me
close
View Me
close
View Me
from $1,1001 Bedroom Apartments Contact Us For Availability
1530 N 1st Ave
1530 N 1st AveMelrose Park, IL 60160
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.
close
View Me
from $1,194Studio to 2 Bedroom Apartments Available Now
Liberty Village
415 N York StElmhurst, IL 60126
close
View Me
from $1,2802 Bedroom Apartment Available Jul 1
443 22nd Ave, Unit bellwood
443 22nd AveBellwood, IL 60104
close
View Me
from $1,3501 Bedroom Apartments Available Now
Brook Forest Apartments
1137 S Center StBensenville, IL 60106
9234 Susy Ln
Schiller ParkIL60176
close
View Me
from $1,4001 Bedroom Apartment Available Now
9504 Lawrence Ct, Unit 2 N
9504 Lawrence CtSchiller Park, IL 60176
close
View Me
from $1,4201 to 2 Bedroom Apartments Available Now
Linden Towers *Washer & Dryer in Apartment*
24 S Addison StBensenville, IL 60106
close
View Me
from $1,4502 Bedroom Apartment Available Now
1914 N 18th Ave, Unit 3
1914 N 18th AveMelrose Park, IL 60160
close
View Me
170 E Lake St
ElmhurstIL60126
312 23rd Ave
BellwoodIL60104
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Showing Results 1-36, Page 1 of 1
Franklin Park, IL Local Guide
How much does it cost to rent an apartment in Franklin Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Franklin Park Studio Apartments | $2,013 | $1,194 | $2,902 |
| Cheap Franklin Park 1 Bedroom Apartments | $2,279 | $1,100 | $5,918 |
| Cheap Franklin Park 2 Bedroom Apartments | $2,972 | $1,280 | $6,527 |
| Cheap Franklin Park 3 Bedroom Apartments | $4,367 | $2,300 | $7,256 |
| Cheap Franklin Park 4 Bedroom Apartments | $4,900 | $4,800 | $5,000 |
Browse Top Apartments in Franklin Park
See all Apartments in Franklin ParkExplore Franklin Park
Franklin Park, IL Local Guide
Written By:
Staff Writer Local Guide Expert
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Franklin Park Apartments for Rent
The cheapest available apartment rental in Franklin Park, IL is a 1 Bed unit found at Liberty Village in the Elmhurst City Centre neighborhood priced from $1,302. Brook Forest Apartments in the Elmhurst City Centre neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here is today’s list of the most affordable Franklin Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Liberty Village | 1 Bed, 1 bath | 1BR,1BA | $1,302 |
| Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1,350 |
| Brentwood Apartments | Premier Line | 1BR,1BA | $1,595 |
| Elmhurst Place Apartments | The Addison | 1BR,1BA | $1,695 |
| Linden Towers *Washer & Dryer in Apartment* | Two Bedroom #208 | 2BR,2BA | $1,750 |
Best Value Apartments for Rent in Franklin Park, IL
As of June 27, 2025 the best value apartment in the Franklin Park area is the $1.20 price per square foot 8668 W Carmen Ave Model at 8668 W Carmen Ave, Unit 1 in the in the Irving Woods neighborhood starting from $2,400. The second greatest value Franklin Park apartment is the 2 Bed - Penthouse Model at Premier Luxury Apartments starting at $2,598 with a $1.85 price per square foot in the Irving Woods neighborhood. Here is today’s list of the best values for Franklin Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8668 W Carmen Ave, Unit 1 | 8668 W Carmen Ave | 3BR,1.5BA | $1.20 |
| Premier Luxury Apartments | 2 Bed - Penthouse | 2BR,2BA | $1.85 |
| 1045 David Dr, Unit 2W | 1045 David Dr | 2BR,1BA | $1.59 |
| 1914 N 18th Ave, Unit 3 | 1914 N 18th Ave | 2BR,1BA | $1.32 |
| A&K Luxury Apartments | 1B/1B w/Dining or Home Office | 1BR,1BA | $1.86 |
| Linden Towers *Washer & Dryer in Apartment* | Two Bedroom #208 | 2BR,2BA | $1.72 |
| Brentwood Apartments | Luxury Line | 1BR,1BA | $1.90 |
| Elmhurst Place Apartments | The Addison | 1BR,1BA | $2.12 |
| Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1.80 |
| 9504 Lawrence Ct, Unit 2 N | 9504 Lawrence Ct | 1BR,1BA | $2.00 |
Quick Rent Budget Calculator
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.
Let everyone know!
Do you know the Franklin Park area?
If you’re an expert on all things Franklin Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Franklin Park Overview
Franklin Park is an incorporated village located about 15 miles west of northern Chicago. O’Hare International Airport abuts the village’s northwestern border. A major railroad crossing and easy access to local freeways make Franklin Park and ideal industrial location. It ranks as Illinois’ fourth-largest industrial center. That helps to keep employment rates and opportunities high.
Why live in Franklin Park, IL?
Franklin Park is ideally situated to escape the confining nature of a mega-city like Chicago. Many great communities are located near Franklin Park. If you want to fly virtually anywhere or have friends flying in for a visit, O’Hare International Airport borders Franklin Park’s northwestern area. Easy access to I-294 and U.S.-95 make it much easier to commute to jobs elsewhere in the greater Chicagoland area. You get the best combination of small-town atmosphere and big city convenience, entertainment, and career options.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Franklin Park, IL Rentals by Map
See the most popular apartments and homes in Franklin Park, IL
Franklin Park, IL Apartments MapFranklin Park, IL Rental Homes MapGetting Around Franklin Park, IL
Walk Score®
51 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
43 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
31 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Franklin Park Apartments
How much is rent for a Cheap One Bedroom Franklin Park Apartment?
The lowest price for a Cheap One Bedroom Franklin Park Apartment is $1,302 at Liberty Village.
What is the lowest price for a Cheap Two Bedroom Franklin Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Franklin Park is starting from $1,750 at Linden Towers *Washer & Dryer in Apartment*.
What is the most affordable Franklin Park Three Bedroom Apartment?
The best deal on a cheap Franklin Park Three Bedroom Apartment rental is at The Grove Residences and starts from $3,275.
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.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.