9830 Grand Ave
Franklin ParkIL60131
Cheap Apartments for Rent in Franklin Park, IL from $600 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin Park.
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$1,3001 Bedroom Apartment Available Sep 1
3106 Calwagner St, Unit B
3106 Calwagner StFranklin Park, IL 60131
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$1,3001 Bedroom Apartment Available Aug 1
3109 Calwagner St, Unit 1W
3109 Calwagner StFranklin Park, IL 60131
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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.
8827 W Grand Ave
River GroveIL60171
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$1,194 - $1,535Studio to 2 Bedroom Apartments Available Now
Liberty Village
415 N York StElmhurst, IL 60126
5009 N River Rd
Schiller ParkIL60176
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$1,3501 Bedroom Apartments Available Aug 15
Brook Forest Apartments
1137 S Center StBensenville, IL 60106
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$1,4001 Bedroom Apartment Available Now
9504 Lawrence Ct, Unit 2 f
9504 Lawrence CtSchiller Park, IL 60176
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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.
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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.
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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.
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Showing Results 1-31, 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 | $1,986 | $1,194 | $2,241 |
| Cheap Franklin Park 1 Bedroom Apartments | $2,191 | $1,100 | $4,488 |
| Cheap Franklin Park 2 Bedroom Apartments | $3,105 | $1,350 | $4,808 |
| Cheap Franklin Park 3 Bedroom Apartments | $3,981 | $2,000 | $6,365 |
| Cheap Franklin Park 4 Bedroom Apartments | $3,750 | $2,600 | $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
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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. 1510 N 1st Ave in the North Maywood neighborhood has the second lowest priced unit, which is a 2 Beds 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 |
| 1510 N 1st Ave | 2BD/1BA | 2BR,1BA | $1,350 |
| Brentwood Apartments | Premier Line | 1BR,1BA | $1,595 |
| Elmhurst Place Apartments | The Addison | 1BR,1BA | $1,695 |
| A&K Luxury Apartments | 1B/1B w/Dining or Home Office | 1BR,1BA | $2,000 |
Best Value Apartments for Rent in Franklin Park, IL
As of July 25, 2025 the best value apartment in the Franklin Park area is the $2.13 price per square foot Woodlawn Model at The Grove Luxury Townhomes in the in the Dunning neighborhood starting from $4,800. 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. |
|---|---|---|---|
| The Grove Luxury Townhomes | Woodlawn | 4BR,3.5BA | $2.13 |
| Premier Luxury Apartments | 2 Bed - Penthouse | 2BR,2BA | $1.85 |
| 2000 N 17th Ave, Unit 1 | 2000 N 17th Ave | 3BR,1BA | $1.67 |
| 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 | $1.93 |
| 1510 N 1st Ave | 2BD/1BA | 2BR,1BA | $1.59 |
| 515 25th Ave, Unit Garden Unit | 515 25th Ave | 2BR,1BA | $1.94 |
| Brentwood Apartments | Luxury Line | 1BR,1BA | $1.90 |
| Elmhurst Place Apartments | The Addison | 1BR,1BA | $2.12 |
| 9504 Lawrence Ct, Unit 2 f | 9504 Lawrence Ct | 1BR,1BA | $2.00 |
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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
Getting 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 $1,350 at 1510 N 1st Ave.
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 $3,450.
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.