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Cheap Apartments for Rent in Franklin Park, IL from $600 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Franklin Park.
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1122 N 32nd Ave
Melrose ParkIL60160
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from $1,1001 Bedroom Apartments Contact Us For Availability
1530 N 1st Ave
1530 N 1st AveMelrose Park, IL 60160
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from $1,194Studio to 2 Bedroom Apartments Available Now
Liberty Village
415 N York StElmhurst, IL 60126
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from $1,3501 Bedroom Apartments Available Now
Brook Forest Apartments
1137 S Center StBensenville, IL 60106
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from $1,4401 to 2 Bedroom Apartments Available Jul 18
Linden Towers *Washer & Dryer in Apartment*
24 S Addison StBensenville, IL 60106
170 E Lake St
ElmhurstIL60126
9610 Ivanhoe Ave
Schiller ParkIL60176
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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from $1,4502 Bedroom Apartment Available Now
813 N 23rd Ave, Unit 3
813 N 23rd AveMelrose Park, IL 60160
9620 Ivanhoe Ave
Schiller ParkIL60176
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from $1,4502 Bedroom Apartment Available May 31
1827 N 43rd Ave, Unit 10
1827 N 43rd AveStone Park, IL 60165
9610 Ivanhoe Ave
Schiller ParkIL60176
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from $1,4851 to 2 Bedroom Apartments Contact Us For Availability
Fairway Green Apartments
640 S York RdBensenville, IL 60106
3810 25th Ave
Schiller ParkIL60176
3810 25th Ave
Schiller ParkIL60176
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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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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
Showing Results 1-36, Page 1 of 1
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 | $2,010 | $1,194 | $3,183 |
| Cheap Franklin Park 1 Bedroom Apartments | $2,175 | $1,025 | $5,359 |
| Cheap Franklin Park 2 Bedroom Apartments | $2,861 | $1,450 | $4,535 |
| Cheap Franklin Park 3 Bedroom Apartments | $4,007 | $2,000 | $6,085 |
| Cheap Franklin Park 4 Bedroom Apartments | $3,408 | $2,749 | $5,000 |
Browse Top Apartments in Franklin Park
See all Apartments in Franklin ParkExplore Franklin Park
Franklin Park, IL Local Guide
Written By:
Staff Writer Local Guide Expert
- Nearby Cities
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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 Liberty Village in the Elmhurst City Centre neighborhood priced from $1,302. Brook Forest Apartments in the Metra-Bensenville Station neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here is today’s list of the most affordable Franklin Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Liberty Village | 1 Bed, 1 bath | 1BR,1BA | $1,302 |
| Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1,350 |
| KENMORE PARK, LLC | 1br1ba | 1BR,1BA | $1,495 |
| 102 S 17th Ave | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,510 |
| 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 |
| Premier Luxury Apartments | 1 Bed - Jr. | 1BR,1BA | $1,750 |
Best Value Apartments for Rent in Franklin Park, IL
As of May 15, 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 7824 W Addison St Model at 7824 W Addison St, Unit 2 unit starting at $2,300 with a $1.70 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. |
|---|---|---|---|
| The Grove Luxury Townhomes | Woodlawn | 4BR,3.5BA | $2.13 |
| 7824 W Addison St, Unit 2 unit | 7824 W Addison St | 3BR,1.5BA | $1.70 |
| 8306 Grand Ave, Unit 1S | 8306 Grand Ave | 2BR,1.5BA | $1.75 |
| 1045 David Dr, Unit 2W | 1045 David Dr | 2BR,1BA | $1.59 |
| A&K Luxury Apartments | 1B/1B w/Dining or Home Office | 1BR,1BA | $1.86 |
| Brentwood Apartments | Luxury Line | 1BR,1BA | $1.90 |
| KENMORE PARK, LLC | 1br1ba | 1BR,1BA | $1.87 |
| Elmhurst Place Apartments | The Addison | 1BR,1BA | $2.12 |
| The Bennington | Seven 70 | 1BR,1BA | $1.97 |
| Brook Forest Apartments | 1 Bedroom | 1BR,1BA | $1.80 |
Quick Rent Budget Calculator
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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
Franklin Park, IL Apartments MapFranklin Park, IL Rental Homes MapGetting 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
How much is rent for a Cheap One Bedroom Franklin Park Apartment?
The lowest price for a Cheap One Bedroom Franklin Park Apartment is $1,302 at Liberty Village.
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 $1,510 at 102 S 17th Ave.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.