Cheap Apartments for Rent in Franklin Park, IL from $600 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin Park.

1122 N 32nd Ave

Liberty Village

9234 Susy Ln

Brook Forest Apartments

9620 Ivanhoe Ave

9610 Ivanhoe Ave

9610 Ivanhoe Ave, Unit 2
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

9620 Ivanhoe Ave

Fairway Green Apartments

170 E Lake St

The Bennington

Brentwood Apartments
Franklin Park, IL Local Guide

How much does it cost to rent an apartment in Franklin Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Franklin Park Studio Apartments | $1,973 | $865 | $2,326 |
Cheap Franklin Park 1 Bedroom Apartments | $2,188 | $1,100 | $3,958 |
Cheap Franklin Park 2 Bedroom Apartments | $3,015 | $1,535 | $6,648 |
Cheap Franklin Park 3 Bedroom Apartments | $3,811 | $1,950 | $6,085 |
Cheap Franklin Park 4 Bedroom Apartments | $3,516 | $2,799 | $5,000 |
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Franklin Park, IL Local Guide

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Cheapest Available Franklin Park Apartments for Rent
 The cheapest available apartment rental in Franklin Park, IL is a 1 Bed unit found at 1530 N 1st Ave in the North Maywood neighborhood priced from $1,100. 8519 West Grand Avenue in the Irving Woods neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here is today’s list of the most affordable Franklin Park apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1530 N 1st Ave | 1 bedroom | 1BR,1BA | $1,100 |
8519 West Grand Avenue | 1BR/1.0BA | 1BR,1BA | $1,175 |
Liberty Village | 1 Bed, 1 bath | 1BR,1BA | $1,302 |
Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1,350 |
The Bennington | Seven 70 | 1BR,1BA | $1,518 |
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 | $1,700 |
Premier Luxury Apartments | 1 Bed - Jr. | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Franklin Park, IL
As of April 13, 2025 the best value apartment in the Franklin Park area is the $1.60 price per square foot 7735 W Addison St Model at 7735 W Addison St, Unit 2 in the in the Dunning neighborhood starting from $2,400. The second greatest value Franklin Park apartment is the 8306 Grand Ave Model at 8306 Grand Ave, Unit 1S starting at $2,220 with a $1.85 price per square foot in the Dunning 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. |
---|---|---|---|
7735 W Addison St, Unit 2 | 7735 W Addison St | 3BR,1.5BA | $1.60 |
8306 Grand Ave, Unit 1S | 8306 Grand Ave | 2BR,1.5BA | $1.85 |
4032 Wesley Ter, Unit 1 | 4032 Wesley Ter | 2BR,1BA | $1.82 |
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 | $1.67 |
515 25th Ave, Unit Garden Unit | 515 25th Ave | 2BR,1BA | $1.80 |
Brentwood Apartments | Luxury Line | 1BR,1BA | $1.90 |
Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1.80 |
8519 West Grand Avenue | 1BR/1.0BA | 1BR,1BA | $1.96 |
1530 N 1st Ave | 1 bedroom | 1BR,1BA | $1.96 |
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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
See the most popular apartments and homes in Franklin Park, IL
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
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 Franklin Park Apartments
What is the Cheapest Studio apartment in Franklin Park?
Currently the most affordable Cheap Studio Apartment in Franklin Park is at Vyne on Haven listed at $2,063.
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 1530 N 1st Ave.
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 $1,700 at Linden Towers *Washer & Dryer in Apartment*.
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.

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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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.