Cheap Apartments for Rent in Franklin Park, IL from $600 (33 Rentals)

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Chestnut Villa
1 to 2 Bedroom Apartments

Chestnut Villa

9403-9407 Chestnut AveFranklin Park, IL 60131
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9565 Franklin Ave
1 Bedroom Apartments

9565 Franklin Ave

9565 Franklin AveFranklin Park, IL 60131
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1938 N 17th Ave
$975Studio, 1 Bath RentalsAvailable Now

1938 N 17th Ave

Melrose Park, IL 60160
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Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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Casa Heritage
Studio to 1 Bedroom Apartments

Casa Heritage

10315 W Palmer AveMelrose Park, IL 60164
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Terrace Apartments
1 Bedroom Apartments

Terrace Apartments

1829 N Broadway AveMelrose Park, IL 60160
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1450 N 1st Ave
1 to 2 Bedroom Apartments

1450 N 1st Ave

1450 N 1st AveMelrose Park, IL 60160
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1123 N 33rd Ave
1 Bedroom Apartments

1123 N 33rd Ave

1123 N 33rd AveMelrose Park, IL 60160
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37 King Arthur Ct
1 Bedroom Apartments

37 King Arthur Ct

37 King Arthur CtNorthlake, IL 60164
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9610-9634 Ivanhoe Ave
1 Bedroom Apartments

9610-9634 Ivanhoe Ave

9610-9634 Ivanhoe AveSchiller Park, IL 60176
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9829 Lawrence Ct
1 to 2 Bedroom Apartments

9829 Lawrence Ct

9829 Lawrence CtSchiller Park, IL 60176
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11010 W Grand Ave
2 Bedroom Apartments

11010 W Grand Ave

11010 W Grand AveMelrose Park, IL 60164
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8111 W Grand Ave
2 to 3 Bedroom Apartments

8111 W Grand Ave

8111 W Grand AveRiver Grove, IL 60171
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8107 W Grand Ave
2 to 3 Bedroom Apartments

8107 W Grand Ave

8107 W Grand AveRiver Grove, IL 60171
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1530 N 1st Ave
1 Bedroom Apartments

1530 N 1st Ave

1530 N 1st AveMelrose Park, IL 60160
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1410 N 1st Ave
2 Bedroom Apartments

1410 N 1st Ave

1410 N 1st AveMelrose Park, IL 60160
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8624 Fullerton Ave
2 Bedroom Apartments

8624 Fullerton Ave

8624 Fullerton AveRiver Grove, IL 60171
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1151 DAVID DRIVE
1 Bedroom Apartments

1151 DAVID DRIVE

1151 David DrBensenville, IL 60106

Franklin Park, IL Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

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 Senior Apartments in the Elmhurst City Centre neighborhood priced from $1,100. Royal Arms Apartments in the Conti Circle neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here is today’s list of the most affordable Franklin Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Liberty Village Senior ApartmentsMonroe1BR,1BA$1,100
Royal Arms ApartmentsStudioStudio,1BA$1,195
The BenningtonSeven 701BR,1BA$1,466
Brentwood ApartmentsPremier Line1BR,1BA$1,595
Elmhurst Place ApartmentsThe Addison1BR,1BA$1,695
Premier Luxury Apartments1 Bed - Jr.1BR,1BA$1,750
Linden Towers *Washer & Dryer in Apartment*Two Bedroom #715 - $1,000 off move in2BR,2BA$1,790

Best Value Apartments for Rent in Franklin Park, IL

As of February 20, 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 1045 David Dr Model at 1045 David Dr, Unit 2W starting at $1,750 with a $1.59 price per square foot . 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
1045 David Dr, Unit 2W1045 David Dr2BR,1BA$1.59
Linden Towers *Washer & Dryer in Apartment*Two Bedroom #604 - $1,000 off move in2BR,2BA$1.85
1040 S York Rd, Unit 1040 S YORK Bensenville1040 S York Rd2BR,1.5BA$2.00
9410 Lawrence Ct, Unit 39410 Lawrence Ct1BR,1BA$2.12
Brentwood ApartmentsLuxury Line1BR,1BA$1.90
Elmhurst Place ApartmentsThe Addison1BR,1BA$2.12
The BenningtonSeven 701BR,1BA$1.90
3106 Calwagner St, Unit 1A3106 Calwagner St1BR,1BA$1.73
Liberty Village Senior ApartmentsMonroe1BR,1BA$1.82

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Franklin Park Overview

Franklin Park is an incorporated village located about 15 miles west of northern Chicago. O’Hare International Airport abuts the village’s northwestern border. A major railroad crossing and easy access to local freeways make Franklin Park and ideal industrial location. It ranks as Illinois’ fourth-largest industrial center. That helps to keep employment rates and opportunities high.

Why live in Franklin Park, IL?

Franklin Park is ideally situated to escape the confining nature of a mega-city like Chicago. Many great communities are located near Franklin Park. If you want to fly virtually anywhere or have friends flying in for a visit, O’Hare International Airport borders Franklin Park’s northwestern area. Easy access to I-294 and U.S.-95 make it much easier to commute to jobs elsewhere in the greater Chicagoland area. You get the best combination of small-town atmosphere and big city convenience, entertainment, and career options.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Franklin Park, IL Rentals by Map

View MapFranklin Park, IL Apartments MapView MapFranklin Park, IL Rental Homes Map

Getting Around Franklin Park, IL

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

31 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Franklin Park Apartments

What is the Cheapest Studio apartment in Franklin Park?

Currently the most affordable Cheap Studio Apartment in Franklin Park is at Royal Arms Apartments listed at $1,195.

How much is rent for a Cheap One Bedroom Franklin Park Apartment?

The lowest price for a Cheap One Bedroom Franklin Park Apartment is $1,100 at Liberty Village Senior Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Franklin Park is starting from $1,622 at The Bennington.

What is the most affordable Franklin Park Three Bedroom Apartment?

The best deal on a cheap Franklin Park Three Bedroom Apartment rental is at The Grove Residences and starts from $3,200.

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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