Cheap Apartments for Rent in Franklin Park, IL from $600 (35 Rentals)

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Chestnut Villa
1 to 2 Bedroom Apartments

Chestnut Villa

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

9565 Franklin Ave

9565 Franklin AveFranklin Park, IL 60131
  • Smoke Free

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

property at 170 E Lake St

170 E Lake St

ElmhurstIL60126
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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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3001 N Thatcher Ave
Studio to 1 Bedroom Apartments

3001 N Thatcher Ave

3001 N Thatcher AveRiver Grove, IL 60171
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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 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 ListingModel NameBed/BathPriced From
1530 N 1st Ave1 bedroom1BR,1BA$1,100
8519 West Grand Avenue1BR/1.0BA1BR,1BA$1,175
Liberty Village1 Bed, 1 bath1BR,1BA$1,302
Brook Forest Apartments1 Bedroom1BR,1BA$1,350
The BenningtonSeven 701BR,1BA$1,518
Brentwood ApartmentsPremier Line1BR,1BA$1,595
Elmhurst Place ApartmentsThe Addison1BR,1BA$1,695
Linden Towers *Washer & Dryer in Apartment*Two Bedroom #2082BR,2BA$1,700
Premier Luxury Apartments1 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 ListingModel NameBed/BathPrice Per Sq.Ft.
7735 W Addison St, Unit 27735 W Addison St3BR,1.5BA$1.60
8306 Grand Ave, Unit 1S8306 Grand Ave2BR,1.5BA$1.85
4032 Wesley Ter, Unit 14032 Wesley Ter2BR,1BA$1.82
A&K Luxury Apartments1B/1B w/Dining or Home Office1BR,1BA$1.86
Linden Towers *Washer & Dryer in Apartment*Two Bedroom #2082BR,2BA$1.67
515 25th Ave, Unit Garden Unit515 25th Ave2BR,1BA$1.80
Brentwood ApartmentsLuxury Line1BR,1BA$1.90
Brook Forest Apartments1 Bedroom1BR,1BA$1.80
8519 West Grand Avenue1BR/1.0BA1BR,1BA$1.96
1530 N 1st Ave1 bedroom1BR,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

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 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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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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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.

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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.

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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.