Cheap Apartments for Rent in Frankfort, IL from $700 (16 Rentals)

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Explore the Best Cheap Apartments in Frankfort for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

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Pine Ridge
from $8751 to 2 Bedroom Apartments

Pine Ridge

1112 Parkwood DrJoliet, IL 60432
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Autumn Ridge
Rent Specials
from $995Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
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7449 Sycamore Ct
from $1,2502 Bedroom Apartments

7449 Sycamore Ct

7449 Sycamore CtOrland Park, IL 60462
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Showing Results 1-16, Page 1 of 1

Frankfort, IL Local Guide

Cheapest Available Frankfort Apartments for Rent and Nearby

 

The cheapest available apartment rental in Frankfort, IL is a 1 Bed unit found at Crest Apartments in the Downtown Park Forest neighborhood priced from $825. Central Park Apartments & Townhomes in the Indian Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,189. Here is today’s list of the most affordable Frankfort apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crest Apartments1BR/1BA1BR,1BA$825
Central Park Apartments & Townhomes1 Bed 1 Bath A1BR,1BA$1,189
Richton Trail2 Beds, 1 bath2BR,1BA$1,300
Maple Leaf ApartmentsMid-rise2BR,1BA$1,350
Dynasty House Apartments2 Bedroom UNIV2BR,1BA$1,390

Best Value Apartments for Rent in Frankfort, IL and Nearby

As of January 06, 2025 the best value apartment in the Frankfort area is the $2.06 price per square foot Three Bedroom Townhouse DTH Model at Orland Ridge Towns and Villas in the in the Meadow Park neighborhood starting from $3,216. The second greatest value Frankfort apartment is the Goddard - 3 Bed 2.5 Bath Model at Manors at Brookmere starting at $2,855 with a $1.96 price per square foot in the Southwick Courtyards neighborhood. Here is today’s list of the best values for Frankfort apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Orland Ridge Towns and VillasThree Bedroom Townhouse DTH3BR,2.5BA$2.06
Manors at BrookmereGoddard - 3 Bed 2.5 Bath3BR,2.5BA$1.96
Redwood LockportWillowood2BR,2BA$1.88
Oakwood Townhomes3 Bedroom3BR,1BA$1.40
Arbors at Hickory CreekMagnolia2BR,1BA$1.48
Maple Leaf ApartmentsMid-rise2BR,1.5BA$1.43
Dynasty House Apartments2 Bedroom UNIV2BR,1BA$1.59
Richton Trail2 Beds, 1 bath2BR,1BA$1.62
Central Park Apartments & Townhomes1 Bed 1 Bath A W/D1BR,1BA$1.75
Crest Apartments1BR/1BA1BR,1BA$1.65

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Best Local Schools in
Frankfort, IL

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Getting Around Frankfort, IL

Walk Score®

28 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Frankfort Apartments

How much is rent for a Cheap One Bedroom Frankfort Apartment?

The lowest price for a Cheap One Bedroom Frankfort Apartment is $825 at Crest Apartments.

What is the lowest price for a Cheap Two Bedroom Frankfort Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Frankfort is starting from $1,300 at Richton Trail.

What is the most affordable Frankfort Three Bedroom Apartment?

The best deal on a cheap Frankfort Three Bedroom Apartment rental is at Central Park Apartments & Townhomes and starts from $1,840.

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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