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from $750Studio to 1 Bedroom Apartments Contact Us For Availability
Crest Apartments
3726 Union AveSteger, IL 60475
Cheap Apartments for Rent in Frankfort, IL from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Frankfort.
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from $975Studio to 3 Bedroom Apartments Available Mar 8
Linden Park Apartments
316 W 34th StSteger, IL 60475
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from $9951 to 3 Bedroom Apartments Contact Us For Availability
Thornwood Apartments
19440-19460 Glenwood RdChicago Heights, IL 60411
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from $1,0502 Bedroom Apartments Contact Us For Availability
Carriage Creek Apartments
22501 Butterfield DrRichton Park, IL 60471
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from $1,1001 to 2 Bedroom Apartments Available Now
Richton Trail
4522 Heartland DrRichton Park, IL 60471
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from $1,1791 to 3 Bedroom Apartments Available Now
Central Park Apartments & Townhomes
11 Fir StPark Forest, IL 60466
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from $1,1951 to 3 Bedroom Apartments Available Now
Cedar Ridge Apartments
100 Cedar Ridge LnRichton Park, IL 60471
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Rent Specials
from $1,2001 to 3 Bedroom Apartments Available Now
Olympic Village Apartments
31 Olympic VlgChicago Heights, IL 60411
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from $1,2401 to 2 Bedroom Apartments Available Apr 15
Edgewater Walk Apartments
16703 Lakewood DrTinley Park, IL 60477
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from $1,2651 to 2 Bedroom Apartments Contact Us For Availability
Towers of Edgewater
5880-5940 Lake Bluff DrTinley Park, IL 60477
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from $1,265Studio to 3 Bedroom Apartments Available May 16
Edenbridge Apartments
18134 S 66th CtTinley Park, IL 60477
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from $1,2701 to 3 Bedroom Apartments Available Now
Maple Leaf Apartments
759 Burr Oak LnUniversity Park, IL 60484
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17560 71st Ct
Tinley ParkIL60477
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Frankfort, IL Local Guide
Grassy field in Illinois by Ed Summers is licensed under CC BY 2.0
How much does it cost to rent an apartment in Frankfort?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Frankfort Studio Apartments | $1,515 | $750 | $1,875 |
| Frankfort 1 Bedroom Apartments | $1,601 | $825 | $3,600 |
| Frankfort 2 Bedroom Apartments | $2,086 | $1,050 | $4,000 |
| Frankfort 3 Bedroom Apartments | $2,470 | $1,388 | $4,438 |
Browse Top Apartments in Frankfort
See all Apartments in FrankfortExplore Frankfort
Frankfort, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Frankfort Apartments for Rent and Nearby
The cheapest available apartment rental in Frankfort, IL is a 1 Bed unit found at Central Park Apartments & Townhomes in the Indian Hill neighborhood priced from $1,179. Cedar Ridge Apartments in the Lincoln Station neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here is today’s list of the most affordable Frankfort apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Central Park Apartments & Townhomes | 1 Bed 1 Bath A | 1BR,1BA | $1,179 |
| Cedar Ridge Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,195 |
| Maple Leaf Apartments | Mid-rise | 1BR,1BA | $1,270 |
| Richton Trail | 2 Beds, 1 bath | 2BR,1BA | $1,300 |
| Arbors at Hickory Creek | Aspen | 1BR,1BA | $1,338 |
Best Value Apartments for Rent in Frankfort, IL and Nearby
As of March 02, 2025 the best value apartment in the Frankfort area is the $1.34 price per square foot 10416 Santa Cruz Ln Model at 10416 Santa Cruz Ln in the in the Brookside Glen neighborhood starting from $4,899. The second greatest value Frankfort apartment is the 11145 Elmwood Ct Model at 11145 Elmwood Ct starting at $2,399 with a $1.39 price per square foot . Here is today’s list of the best values for Frankfort apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 10416 Santa Cruz Ln | 10416 Santa Cruz Ln | 5BR,3BA | $1.34 |
| 11145 Elmwood Ct | 11145 Elmwood Ct | 3BR,1BA | $1.39 |
| Oakwood Townhomes | 3 Bedroom | 3BR,1BA | $1.45 |
| Olympic Village Apartments | The Willow | 3BR,2BA | $1.41 |
| 1014 Shagbark Rd | 2 Bed / 1 Bath | 2BR,1BA | $1.63 |
| 7448 Sycamore Ct | One Bed s | 1BR,1BA | $1.55 |
| Manchester Court Apartments | 2BR/1BA | 2BR,1BA | $1.45 |
| Maple Leaf Apartments | Garden Upgraded | 1BR,1BA | $1.70 |
| Richton Trail | 2 Beds, 1 bath | 2BR,1BA | $1.62 |
| Arbors at Hickory Creek | Aspen | 1BR,1BA | $1.68 |
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Best Local Schools in Frankfort, IL
Chelsea Elementary School
Frankfort Central Consolidated School District 157c
Public School - Grades 3-5 (882)
10 out of 10
Lincoln-Way East High School
Lincoln Way Chsd 210 School District
Public School - Grades 9-12 (2749)
10 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Frankfort, IL Rentals by Map
See the most popular apartments and homes in Frankfort, IL
Frankfort, IL Apartments MapFrankfort, IL Rental Homes MapGetting 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 $1,179 at Central Park Apartments & Townhomes.
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 Olympic Village Apartments and starts from $1,545.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.