Cheap Homes for Rent in Franklin Park, IL from $1,350 (23 Rentals)

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

property at 5101 N East River Rd

$1,380

Total Monthly Price

Total Monthly Price

Base Rent
$1,380
Total Monthly Price
$1,380

1 Bedroom, 1 Bath Condo for Rent

Available Now

5101 N East River Rd, Unit 1J

5101 N East River Rd
ChicagoIL60656

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Franklin Park, IL Local Guide

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 $1,532. 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$1,532
Bellwood Gateway1 Bedroom 1 Bath1BR,1BA$1,685
Brentwood ApartmentsPremier Line1BR,1BA$1,695
Elmhurst Place ApartmentsThe Addison1BR,1BA$1,695

Best Value Apartments for Rent in Franklin Park, IL

As of August 23, 2026 the best value apartment in the Franklin Park area is the $2.03 price per square foot 1B/1B w/Dining or Home Office Model at A&K Luxury Apartments in the in the Metra-Bensenville Station neighborhood starting from $2,100. The second greatest value Franklin Park apartment is the 1045 David Dr Model at 1045 David Dr, Unit 2W starting at $1,700 with a $1.70 price per square foot in the Metra-Bensenville Station 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.
A&K Luxury Apartments1B/1B w/Dining or Home Office1BR,1BA$2.03
1045 David Dr, Unit 2W1045 David Dr2BR,1BA$1.70
3034 Houston St, Unit 2B3034 Houston St2BR,1BA$1.80
The BenningtonEight 72 Den1BR,1BA$2.00
Brentwood ApartmentsLuxury Line1BR,1BA$2.02
Elmhurst Place ApartmentsThe Addison1BR,1BA$2.12
Brook Forest Apartments1 Bedroom1BR,1BA$1.91
3106 Calwagner St, Unit 23106 Calwagner St1BR,1BA$1.87
9235 Irving Park Rd, Unit 2E9235 Irving Park Rd1BR,1BA$2.28
3002 Prairie St, Unit na3002 Prairie St1BR,1BA$2.10

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

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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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Frequently Asked Questions about Franklin Park

What type of rentals are currently available in Franklin Park?

There are currently 779 Apartments for Rent in Franklin Park, IL with pricing that ranges from $950 to $6,326. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Park ranging from $1,350 to $6,450.

What is the current price range for Rental Homes in Franklin Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin Park ranges from $1,350 to $6,450 with an average monthly rent of $2,450.

How much are larger Three and Four Bedroom Rentals in Franklin Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin Park range from $2,095 to $6,326, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $3,900. Four Bedroom Single-Family rentals are also available starting from $3,295 and Four Bedroom Apartments start at $4,800.

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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