Cheap Homes for Rent in Franklin Park, IL from $1,100 (25 Rentals)

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property at 8000 Grand Ave

8000 Grand Ave

River GroveIL60171

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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property at 8000 Grand Ave

8000 Grand Ave

River GroveIL60171

Franklin Park, IL Local Guide

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 ListingModel NameBed/BathPriced From
8624 Fullerton Ave2BD/1BA2BR,1BA$1,400
The BenningtonFour 60Studio,1BA$1,411
Brentwood ApartmentsChicago Loft1BR,1BA$1,595
Elmhurst Place ApartmentsThe Addison1BR,1BA$1,695
Premier Luxury Apartments1 Bed - Plus1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Grove Luxury TownhomesWoodlawn4BR,3.5BA$2.13
Premier Luxury Apartments2 Bed2BR,2BA$2.05
2000 N 17th Ave, Unit Unit 12000 N 17th Ave3BR,1BA$1.67
1045 David Dr, Unit 2W1045 David Dr2BR,1BA$1.59
A&K Luxury Apartments1B/1B w/Dining or Home Office1BR,1BA$1.93
8624 Fullerton Ave2BD/1BA2BR,1BA$1.65
Brentwood ApartmentsLuxury Line1BR,1BA$2.02
Elmhurst Place ApartmentsThe Addison1BR,1BA$2.12
The Grove Residences1 Bedroom, 1 Bathroom1BR,1BA$2.99
9610 Ivanhoe Ave, Unit 29610 Ivanhoe Ave1BR,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.

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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.

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.