435 S Walnut St
BensenvilleIL60106
Cheap Homes for Rent in Franklin Park, IL from $1,400 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Franklin Park.
close
View Me
from $1,4001 Bedroom Apartments Available Jun 25
9521 Franklin Ave
9521 Franklin AveFranklin Park, IL 60131
close
View Me
2008 N 18th Ave
Melrose ParkIL60160
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.
9610 Ivanhoe Ave
Schiller ParkIL60176
9620 Ivanhoe Ave
Schiller ParkIL60176
9620 Ivanhoe Ave
Schiller ParkIL60176
3812 25th Ave
Schiller ParkIL60176
3001 N Thatcher Ave
River GroveIL60171
5041 N East River Rd
NorridgeIL60706
5039 N East River Rd
NorridgeIL60706
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.
1835 N 18th Ave
Melrose ParkIL60160
3810 25th Ave
Schiller ParkIL60176
7904 W Belmont Ave
ChicagoIL60634
2431 N 78th Ct
Elmwood ParkIL60707
7854 W Cahill Terrace
ChicagoIL60634
5019 River Rd
Schiller ParkIL60176
236 George St
BensenvilleIL60106
2608 St Charles Rd
BellwoodIL60104
9216 Seymour Ave
Schiller ParkIL60176
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.
2725 N Thatcher Ave
River GroveIL60171
1702 N 38th Ave
Stone ParkIL60165
Showing Results 1-22, Page 1 of 1
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 | $2,351 | $1,450 | $3,425 |
| Franklin Park 3 Bedroom Homes for Rent | $3,305 | $2,495 | $4,500 |
| Franklin Park 4 Bedroom Homes for Rent | $4,436 | $3,300 | $5,000 |
| Franklin Park 5 Bedroom Homes for Rent | $3,000 | $2,000 | $4,000 |
Browse Top Homes for Rent in Franklin Park
Explore Franklin Park
Franklin Park, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Brook Forest Apartments in the Metra-Bensenville Station neighborhood has the second lowest priced unit, which is a 1 Bed 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 |
| Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1,350 |
| Brentwood Apartments | Premier Line | 1BR,1BA | $1,595 |
| Elmhurst Place Apartments | The Addison | 1BR,1BA | $1,695 |
| Linden Towers *Washer & Dryer in Apartment* | Two Bedroom #208 | 2BR,2BA | $1,750 |
Best Value Apartments for Rent in Franklin Park, IL
As of June 18, 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 8668 W Carmen Ave Model at 8668 W Carmen Ave, Unit 1 starting at $2,400 with a $1.20 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 |
| 8668 W Carmen Ave, Unit 1 | 8668 W Carmen Ave | 3BR,1.5BA | $1.20 |
| Premier Luxury Apartments | 2 Bed - Penthouse | 2BR,2BA | $1.85 |
| 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 | $1.86 |
| Linden Towers *Washer & Dryer in Apartment* | Two Bedroom #208 | 2BR,2BA | $1.72 |
| Brentwood Apartments | Luxury Line | 1BR,1BA | $1.90 |
| Elmhurst Place Apartments | The Addison | 1BR,1BA | $2.12 |
| Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1.80 |
| 9504 Lawrence Ct, Unit 2 N | 9504 Lawrence Ct | 1BR,1BA | $2.00 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Franklin Park area?
If you’re an expert on all things Franklin Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Franklin Park
What type of rentals are currently available in Franklin Park?
There are currently 764 Apartments for Rent in Franklin Park, IL with pricing that ranges from $1,100 to $7,780. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Park ranging from $1,450 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 $1,450 to $5,000 with an average monthly rent of $2,979.
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 $2,300 to $7,780, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,495 to $4,500. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $2,835.
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.