
Cheap Homes for Rent in Franklin Park, IL from $1,100 (25 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin Park.


7300 W North Ave

4931 N East River Rd

7722 W Belmont Ave, Unit GN

7722 W Belmont Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

3001 N Thatcher Ave

711 W Belmont Ave

9620 Ivanhoe Ave
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.

5041 N East River Rd

3810 25th Ave

9610 Ivanhoe Ave

3810 25th Ave

419 Stevens Dr

5418 W Belmont Ave

5416 W Belmont Ave

9791 Ivanhoe Ave
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

5039 N East River Rd

47 S 20th Ave

10146 Hartford Ct

8000 Grand Ave
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

8000 Grand Ave

4155 N Marmora Ave

5113 N East River Rd

2608 St Charles Rd
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 | $2,209 | $1,529 | $3,425 |
Franklin Park 3 Bedroom Homes for Rent | $2,897 | $1,800 | $4,499 |
Franklin Park 4 Bedroom Homes for Rent | $4,182 | $2,645 | $5,000 |
Franklin Park 5 Bedroom Homes for Rent | $3,025 | $2,600 | $3,450 |
Browse Top Homes for Rent in Franklin Park
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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 2 Beds unit found at 8624 Fullerton Ave in the Belmont Heights neighborhood priced from $1,400. The Bennington in the Metra-Bensenville Station neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,411. Here is today’s list of the most affordable Franklin Park apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
8624 Fullerton Ave | 2BD/1BA | 2BR,1BA | $1,400 |
The Bennington | Four 60 | Studio,1BA | $1,411 |
Brentwood Apartments | Chicago Loft | 1BR,1BA | $1,595 |
Elmhurst Place Apartments | The Addison | 1BR,1BA | $1,695 |
Premier Luxury Apartments | 1 Bed - Plus | 1BR,1BA | $1,898 |
Best Value Apartments for Rent in Franklin Park, IL and Nearby
As of September 14, 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 Model at Premier Luxury Apartments starting at $2,598 with a $2.05 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 | 2BR,2BA | $2.05 |
2000 N 17th Ave, Unit Unit 1 | 2000 N 17th Ave | 3BR,1BA | $1.67 |
1045 David Dr, Unit 2W | 1045 David Dr | 2BR,1BA | $1.59 |
A&K Luxury Apartments | 1B/1B w/Dining or Home Office | 1BR,1BA | $1.93 |
8624 Fullerton Ave | 2BD/1BA | 2BR,1BA | $1.65 |
Brentwood Apartments | Luxury Line | 1BR,1BA | $2.02 |
Elmhurst Place Apartments | The Addison | 1BR,1BA | $2.12 |
The Grove Residences | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.99 |
9610 Ivanhoe Ave, Unit 2 | 9610 Ivanhoe Ave | 1BR,1BA | $2.23 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Franklin Park
What type of rentals are currently available in Franklin Park?
There are currently 759 Apartments for Rent in Franklin Park, IL with pricing that ranges from $1,350 to $6,192. There are also 90 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Park ranging from $1,100 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 $1,100 to $5,000 with an average monthly rent of $2,530.
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 $6,192, 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 $2,645 and Four Bedroom Apartments start at $4,800.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.