Section Image

Explore Similar Condos Within 2 Miles of Frankfort, IL

  • /23

    $17,565

    Total Monthly Price

    • 5 Beds
    • 2 Baths
    • Condo for Rent

    6213 Beaver Dam Rd Unit SI ID1285022P, Matteson, IL 60443

    The advertised rate of $17,565/month is the lowest available price, based on a 30 day(s) stay with a move-in date of July 17, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    6213 Beaver Dam Rd Unit SI ID1285022P, Matteson, IL 60443
  • /23

    $17,582

    Total Monthly Price

    • 5 Beds
    • 2 Baths
    • Condo for Rent

    623 Quail Run Rd Unit SI ID1285027P, Matteson, IL 60443

    The advertised rate of $17,583/month is the lowest available price, based on a 30 day(s) stay with a move-in date of July 17, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    623 Quail Run Rd Unit SI ID1285027P, Matteson, IL 60443

Frequently Asked Questions

How much does it cost to rent a condo in Frankfort, IL?
The median rent for a condo in Frankfort, IL is $1,900 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Frankfort, IL?
To comfortably afford the median rent in Frankfort, IL, a household needs to earn roughly $100,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,500 per month in Frankfort, IL, renters typically need to show $7,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Frankfort, IL?
In Frankfort, IL, the price-to-rent ratio is 16.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Frankfort, IL are best for renting a condo?
The best neighborhood for renting in Frankfort, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Roosevelt-Cook County and Hungry Hill, each with its own character and price range.

Rental Home Trends in Frankfort, IL

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,900
Median 2 Bedroom Condo Rent
$1,900
Median 3 Bedroom Condo Rent
$2,075
How to Rent a Home