Cheap Apartments for Rent in Franklin Park, IL from $600 (65 Rentals)

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

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Chestnut Villa
Studio to 2 Bedroom Apartments

Chestnut Villa

9403-9407 Chestnut AveFranklin Park, IL 60131
  • Utilities Included
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9565 Franklin Ave
1 Bedroom Apartments

9565 Franklin Ave

9565 Franklin AveFranklin Park, IL 60131
  • Smoke Free
property at 1213 34th Ave

$1,400

1 Bedroom Rentals

Available Sep 1

1213 34th Ave

Melrose ParkIL60160

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property at 5009 N River Rd

$1,395 - $1,450

1 Bedroom Rentals

Available Now

5009 N River Rd

Schiller ParkIL60176

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Casa Heritage
Studio to 1 Bedroom Apartments

Casa Heritage

10315 W Palmer AveMelrose Park, IL 60164
  • Utilities Included
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Terrace Apartments
1 to 2 Bedroom Apartments

Terrace Apartments

1829 N Broadway AveMelrose Park, IL 60160
  • Utilities Included
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1450 N 1st Ave
1 to 2 Bedroom Apartments

1450 N 1st Ave

1450 N 1st AveMelrose Park, IL 60160
  • Utilities Included
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1123 N 33rd Ave
1 Bedroom Apartments

1123 N 33rd Ave

1123 N 33rd AveMelrose Park, IL 60160
  • Utilities Included
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37 King Arthur Ct
1 Bedroom Apartments

37 King Arthur Ct

37 King Arthur CtNorthlake, IL 60164
  • Utilities Included
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9610-9634 Ivanhoe Ave
1 to 2 Bedroom Apartments

9610-9634 Ivanhoe Ave

9610-9634 Ivanhoe AveSchiller Park, IL 60176
  • Utilities Included
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9829 Lawrence Ct
1 to 2 Bedroom Apartments

9829 Lawrence Ct

9829 Lawrence CtSchiller Park, IL 60176
  • Utilities Included

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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11010 W Grand Ave
1 to 2 Bedroom Apartments

11010 W Grand Ave

11010 W Grand AveMelrose Park, IL 60164
  • Utilities Included
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8111 W Grand Ave
2 to 3 Bedroom Apartments

8111 W Grand Ave

8111 W Grand AveRiver Grove, IL 60171
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8107 W Grand Ave
2 to 3 Bedroom Apartments

8107 W Grand Ave

8107 W Grand AveRiver Grove, IL 60171
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1530 N 1st Ave
1 Bedroom Apartments

1530 N 1st Ave

1530 N 1st AveMelrose Park, IL 60160
  • Utilities Included
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Liberty Village
Studio to 2 Bedroom Apartments

Liberty Village

415 N York StElmhurst, IL 60126
Senior Living
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Royal Arms Apartments
Studio to 1 Bedroom Apartments

Royal Arms Apartments

3001 N Thatcher AveRiver Grove, IL 60171
  • Utilities Included
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1410 N 1st Ave
2 Bedroom Apartments

1410 N 1st Ave

1410 N 1st AveMelrose Park, IL 60160
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Franklin Park, IL Local Guide

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Local Guide Expert

Cheapest Available Franklin Park Apartments for Rent

 

The cheapest available apartment rental in Franklin Park, IL is a 1 Bed unit found at Brook Forest Apartments in the Metra-Bensenville Station neighborhood priced from $1,435. The Bennington in the Metra-Bensenville Station neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,566. Here is today’s list of the most affordable Franklin Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brook Forest Apartments1 Bedroom1BR,1BA$1,435
The BenningtonSeven 701BR,1BA$1,566
Brentwood ApartmentsPremier Line1BR,1BA$1,695
Elmhurst Place ApartmentsThe Addison1BR,1BA$1,695
Bellwood Gateway1 Bedroom 1 Bath1BR,1BA$1,765
Premier Luxury Apartments1 Bed - Jr.1BR,1BA$1,798

Best Value Apartments for Rent in Franklin Park, IL

As of August 07, 2026 the best value apartment in the Franklin Park area is the $2.33 price per square foot 7854 W Cahill Ter Model at 7854 W Cahill Ter, Unit 1 in the in the Dunning neighborhood starting from $2,800. The second greatest value Franklin Park apartment is the 817 N 23rd Ave Model at 817 N 23rd Ave, Unit Apt 5 starting at $2,050 with a $1.86 price per square foot in the Maywood Heritage District neighborhood. Here is today’s list of the best values for Franklin Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
7854 W Cahill Ter, Unit 17854 W Cahill Ter3BR,2BA$2.33
817 N 23rd Ave, Unit Apt 5817 N 23rd Ave3BR,1BA$1.86
A&K Luxury Apartments1B/1B w/Dining or Home Office1BR,1BA$2.03
1045 David Dr, Unit 2W1045 David Dr2BR,1BA$1.70
Brentwood ApartmentsLuxury Line1BR,1BA$2.02
Elmhurst Place ApartmentsThe Addison1BR,1BA$2.12
The BenningtonSeven 701BR,1BA$2.03
Brook Forest Apartments1 Bedroom1BR,1BA$1.91
3106 Calwagner St, Unit 23106 Calwagner St1BR,1BA$1.87
9660 Ivanhoe Ave, Unit 19660 Ivanhoe Ave1BR,1BA$2.31

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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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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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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!

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Frequently Asked Questions about Cheap Franklin Park Apartments

What is the Cheapest Studio apartment in Franklin Park?

Currently the most affordable Cheap Studio Apartment in Franklin Park is at The Fynn listed at $2,160.

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

The lowest price for a Cheap One Bedroom Franklin Park Apartment is $1,435 at Brook Forest Apartments.

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 $1,742 at The Bennington.

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.

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