1407 N 24th Ave
Melrose ParkIL60160
Cheap Homes for Rent in Franklin Park, IL from $1,200 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin Park.
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3001 N Thatcher Ave
River GroveIL60171
9620 Ivanhoe Ave
Schiller ParkIL60176
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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.
2008 N 18th Ave
Melrose ParkIL60160
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1835 N 18th Ave
Melrose ParkIL60160
5041 N East River Rd
NorridgeIL60706
7904 W Belmont Ave
ChicagoIL60634
3810 25th Ave
Schiller ParkIL60176
1044 S York Rd
BensenvilleIL60106
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.
8000 Grand Ave
River GroveIL60171
2521 N Thatcher Ave
River GroveIL60171
8000 Grand Ave
River GroveIL60171
4602 River Rd
Schiller ParkIL60176
808 E Belmont Ave
BensenvilleIL60106
2608 St Charles Rd
BellwoodIL60104
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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Franklin Park, IL Local Guide
How much does it cost to rent a home in Franklin Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Franklin Park 2 Bedroom Homes for Rent | $2,117 | $1,250 | $3,425 |
| Franklin Park 3 Bedroom Homes for Rent | $2,971 | $1,800 | $4,499 |
| Franklin Park 4 Bedroom Homes for Rent | $4,654 | $2,949 | $5,000 |
| Franklin Park 5 Bedroom Homes for Rent | $3,633 | $3,450 | $4,000 |
Browse Top Homes for Rent in Franklin Park
Explore Franklin Park
Franklin Park, IL Local Guide
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Cheapest Available Franklin Park Apartments for Rent and Nearby
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 and Nearby
As of July 24, 2025 the best value apartment in the Franklin Park area is the $1.85 price per square foot 2 Bed - Penthouse Model at Premier Luxury Apartments in the in the Irving Woods neighborhood starting from $2,598. The second greatest value Franklin Park apartment is the 2000 N 17th Ave Model at 2000 N 17th Ave, Unit 1 starting at $2,000 with a $1.67 price per square foot in the West Cook 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. |
|---|---|---|---|
| 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 |
| The Bennington | Eight 72 Den | 1BR,1BA | $2.12 |
| 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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Frequently Asked Questions about Franklin Park
What type of rentals are currently available in Franklin Park?
There are currently 767 Apartments for Rent in Franklin Park, IL with pricing that ranges from $1,100 to $6,365. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Park ranging from $1,250 to $5,000.
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 $1,250 to $5,000 with an average monthly rent of $3,029.
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 $2,000 to $6,365, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $4,499. Four Bedroom Single-Family rentals are also available starting from $2,949 and Four Bedroom Apartments start at $2,600.
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.