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Newest Homes for Rent in Frankfort, IL

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  • 7760 W Almond Ct, Frankfort, IL 60423
    7760 W Almond Ct, Frankfort, IL 60423
    7760 W Almond Ct, Frankfort, IL 60423
    /20

    $2,000 Per Month

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • House for Rent

    7760 W Almond Ct, Frankfort, IL 60423

    Property Id: 2722362This property has 3 bedrooms and 1 bathroom. There is private entrance to the unit and in addition it has its own balcony. Another notable feature about this property that it has an attached 1 car garage that has additional storage. Next to the property there is a park. This property is located 7 minutes (3.0 miles) from Brookside Marketplace. In addition, I-80 is an

    7760 W Almond Ct, Frankfort, IL 60423
  • 7760 W Almond Ct Unit 4, Frankfort, IL 60423
    7760 W Almond Ct Unit 4, Frankfort, IL 60423
    7760 W Almond Ct Unit 4, Frankfort, IL 60423
    /31

    $2,000 Per Month

    • 3 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Apartment for Rent

    7760 W Almond Ct Unit 4, Frankfort, IL 60423

    This property has 3 bedrooms and 1 bathroom. There is private entrance to the unit and in addition it has its own balcony. Another notable feature about this property that it has an attached 1 car garage that has additional storage. Next to the property there is a park. This property is located 7 minutes (3.0 miles) from Brookside Marketplace. In addition, I-80 is an eight minute drive away. Two

    Arej Kazi Professional Brokers Realty

    7760 W Almond Ct Unit 4, Frankfort, IL 60423
  • 751 Tanglewood Ln, Frankfort, IL 60423
    751 Tanglewood Ln, Frankfort, IL 60423
    751 Tanglewood Ln, Frankfort, IL 60423
    /20

    $3,500 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,980 Sq Ft
    • House for Rent

    751 Tanglewood Ln, Frankfort, IL 60423

    Beautifully maintained home in the Lincoln Way School District 210. This home will available for rent some time Mid-July to August 1st. This is a 3 bedrooms, 2.5 bath, split-level home in Frankfort. The remodeled kitchen offers a movable granite island on wheels, perfect for entertaining. The living and dining rooms feature maple inlay flooring, while the family room includes a gas fireplace. The

    Michael Glenn Village Realty, Inc.

    751 Tanglewood Ln, Frankfort, IL 60423
  • 22512 Merritton Rd, Frankfort, IL 60423
    22512 Merritton Rd, Frankfort, IL 60423
    22512 Merritton Rd, Frankfort, IL 60423
    /10

    $6,500

    Total Monthly Price

    • 4 Beds
    • 3 Baths
    • 3,170 Sq Ft
    • House for Rent

    22512 Merritton Rd, Frankfort, IL 60423

    This beautifully updated 4-bedroom+den, 2.5-bath home offers over 3,170 square feet of living space in a quiet, desirable neighborhood with convenient access to everything. The home is served by highly rated Grand Prairie Elementary, Chelsea Intermediate, Hickory Creek Middle School, and Lincoln-Way East High School, and walking distance to Hickory creek school and park.Step inside to

    22512 Merritton Rd, Frankfort, IL 60423
Illinois Will County Frankfort

Newest Homes for Rent in Frankfort, IL

Frequently Asked Questions

How much does it cost to rent a home in Frankfort, IL?
The median rent for a home in Frankfort, IL is $2,750 per month, though prices vary by neighborhood, size, and property type. As of July 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 $110,000 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 $2,750 per month in Frankfort, IL, renters typically need to show $8,250 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 15.1, 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 home?
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 home include West Matteson, Central Orland, Centennial Park, Centennial and Silver Lake South, each with its own character and price range.

Rental Trends in Frankfort, IL

There are currently 4 homes available for rent in Frankfort, IL. The median rent is $2,750 per month, with single-family homes renting at $2,625, townhouses at $1,450 and condos at $1,950.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$2,750
Median Single Family Home Rent
$2,625
Median Townhouse Rent
$1,450
Median Condo Rent
$1,950
How to Rent a Home

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