Cheap Homes for Rent in Franklin Park, IL from $1,100 (20 Rentals)

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Franklin Park, IL Local Guide

Cheapest Available Franklin Park Apartments for Rent and Nearby

 

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. Liberty Village in the Elmhurst City Centre neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,302. 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
Liberty Village1 Bed, 1 bath1BR,1BA$1,302
Brook Forest Apartments1 Bedroom1BR,1BA$1,350
102 S 17th Ave2 Bedroom 1 Bath Apartment2BR,1BA$1,510
The BenningtonSeven 701BR,1BA$1,550

Best Value Apartments for Rent in Franklin Park, IL and Nearby

As of April 28, 2025 the best value apartment in the Franklin Park area is the $1.59 price per square foot 1045 David Dr Model at 1045 David Dr, Unit 2W in the starting from $1,750. The second greatest value Franklin Park apartment is the 4032 Wesley Ter Model at 4032 Wesley Ter, Unit 1 starting at $2,000 with a $1.82 price per square foot in the Irving Woods 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.
1045 David Dr, Unit 2W1045 David Dr2BR,1BA$1.59
4032 Wesley Ter, Unit 14032 Wesley Ter2BR,1BA$1.82
817 N 23rd Ave, Unit Apt 5817 N 23rd Ave3BR,1BA$1.77
A&K Luxury Apartments1B/1B w/Dining or Home Office1BR,1BA$1.86
515 25th Ave, Unit Garden Unit515 25th Ave2BR,1BA$1.70
Linden Towers *Washer & Dryer in Apartment*Two Bedroom #6042BR,2BA$1.85
Brentwood ApartmentsLuxury Line1BR,1BA$1.90
The BenningtonSeven 701BR,1BA$2.01
Brook Forest Apartments1 Bedroom1BR,1BA$1.80
1530 N 1st Ave1 bedroom1BR,1BA$1.96

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Frequently Asked Questions about Franklin Park

What type of rentals are currently available in Franklin Park?

There are currently 763 Apartments for Rent in Franklin Park, IL with pricing that ranges from $1,100 to $6,150. There are also 78 Single Family Homes for rent, Condos, and Townhome rentals currently available in Franklin Park ranging from $1,195 to $6,890.

What is the current price range for Rental Homes in Franklin Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Franklin Park ranges from $1,195 to $6,890 with an average monthly rent of $2,485.

How much are larger Three and Four Bedroom Rentals in Franklin Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Franklin Park range from $1,950 to $6,085, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,940 and Four Bedroom Apartments start at $2,799.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.