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Franklin Park, IL Homes for Rent

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  • /24

    Starting at $1,998 Per Month

    • 1 - 2 Beds

    9600 Franklin Ave, Franklin Park, IL 60131

    Be the first to live in this brand new development in the heart of Chicagoland, with some of the most luxurious and spacious units anywhere. Large power kitchens, dining room, walk-in closets, shower with body jets, facial recognition systems, touch-sensor kitchen faucets, spacious balcony, in-unit washer/dryer, high ceilings, and modern lighting are just some of the unique features Premier

    Premier Luxury Apartments

    9600 Franklin Ave, Franklin Park, IL 60131
  • /2

    $1,400

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    3106 Calwagner St Unit 2, Franklin Park, IL 60131

    Completely remodeled 1 bedroom unit in downtown Franklin Park. This is a ground floor unit. Location is near the metra. The kitchen has newer granite counters, and newer maple cabinets. All hardwood has been refinished. Laundry in basement. Rent includes all utilities except electric. Must have good credit. *Units rent quickly* Available July 1st Please call for tour or any questions. Do

    3106 Calwagner St Unit 2, Franklin Park, IL 60131
  • /12

    $3,000 Per Month

    • 3 Beds
    • 2 Baths
    • 1,137 Sq Ft
    • House for Rent

    2537 Willow St, Franklin Park, IL 60131

    Welcome to easy, single-level living in Franklin Park! This stunning home offers the perfect blend of convenience and space with 3 roomy bedrooms, 2 full bathrooms and modern finishes throughout. Right as you enter, you'll notice the gorgeous vaulted ceilings and open concept layout that provides a warm and inviting atmosphere. The finished attic has a pull-down ladder for easy access and

    Sylwia Zabiegly Real Broker, LLC

    2537 Willow St, Franklin Park, IL 60131
  • /20

    $3,000 Per Month

    • 3 Beds
    • 2 Baths
    • 748 Sq Ft
    • House for Rent

    9544 Nerbonne Ave, Franklin Park, IL 60131

    Step into this stunning, move-in ready home and experience modern comfort and style! This inviting ranch-style residence boasts 3 bedrooms, 2 full baths, and a host of updates that are sure to impress you. Key Features including: Open-floor layout with hardwood floors and recessed lighting, updated kitchen featuring stainless steel appliances, TV cable in every room, tankless water heater and

    Lisa Ogawa Berkshire Hathaway HomeServices Starck Real Estate

    9544 Nerbonne Ave, Franklin Park, IL 60131
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    $1,600 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Apartment for Rent

    3029 Bright St Unit C, Franklin Park, IL 60131

    Unit has been updated. Kitchen and bathroom. Freshly painted. 2nd level unit. Coin Washer/Dryer in building. Comes with one garage parking space. Tenant will need to provide credit report, Income verification, and application to be filled out and reviewed by Owner. street parking available. Small park close. Brick building.

    Jose Herrera Northlake Realtors

    3029 Bright St Unit C, Franklin Park, IL 60131
  • /9

    $2,350 Per Month

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft
    • House for Rent

    9427 Nerbonne Ave, Franklin Park, IL 60131

    Beautifully updated 2-bedroom, 1-bathroom home featuring hardwood floors throughout, abundant natural light, and recent improvements including fresh paint and new windows throughout the home. The kitchen offers custom cabinetry and granite countertops creating a stylish and functional space for everyday living. Situated on a large lot with a spacious backyard, this property also includes a

    Steven Chraca Second City Real Estate

    9427 Nerbonne Ave, Franklin Park, IL 60131
  • /13

    $1,350 Per Month

    • 1 Bed
    • 1 Bath
    • 550 Sq Ft
    • Apartment for Rent

    3110 Calwagner St Unit 1W, Franklin Park, IL 60131

    Welcome to 3110 Calwagner Street in Franklin Park! Cozy 1 bedroom, 1 bathroom apartment available for September move in! Located in a prime location, this apartment is perfect for those looking for a comfortable and modern living space. Don't miss out on the opportunity to make this apartment your new home! In building laundry! Heat included! Cats ok! Street parking!

    Karel Machala 606 Realty LLC

    3110 Calwagner St Unit 1W, Franklin Park, IL 60131
  • /13

    $1,350 Per Month

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Apartment for Rent

    3112 Calwagner St Unit 2W, Franklin Park, IL 60131

    Welcome to 3112 Calwagner Street in Franklin Park, IL! Cozy 1 bedroom, 1 bathroom apartment available for July move in! Located in a prime location, this apartment is perfect for those looking for a comfortable and modern living space. Don't miss out on the opportunity to make this apartment your new home! In building laundry! Heat included! Cats ok! Street parking!

    Karel Machala 606 Realty LLC

    3112 Calwagner St Unit 2W, Franklin Park, IL 60131

Why Live in Franklin Park

Franklin Park, IL, is a suburban village located less than 5 miles south of Chicago O’Hare International Airport and approximately 20 miles from downtown Chicago. The village is well-connected with three Metra commuter rail stations and Interstate 294, making it ideal for commuters. Home to nearly 18,000 residents, Franklin Park features midcentury housing styles, including bungalows, Cape Cods, and condos, with prices generally lower than those in Chicago proper. The area is known for its quiet and safe environment, with many residents staying long-term. East Leyden High School, which collaborates with West Leyden for sports, is highly rated and serves over 1,800 students. Franklin Park’s location near major transportation routes attracts logistics companies, including Sloan Valve Company. The village offers numerous recreational options, such as 17 parks, a community center, Gouin Park’s ballfields and swimming pool, and the year-round Franklin Park Ice Arena. Dining features include Grand Stand Pizza, known for its tavern-style thin-crust pizza. Annual events like Franklin Park Fest and Winterfest provide community engagement and entertainment. Crime rates in Franklin Park are below the national average, contributing to its appeal as a safe place to live.

Frequently Asked Questions

How much does it cost to rent a home in Franklin Park, IL?
The median rent for a home in Franklin Park, IL is $1,600 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Franklin Park, IL?
To comfortably afford the median rent in Franklin Park, IL, a household needs to earn roughly $64,000 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 $1,600 per month in Franklin Park, IL, renters typically need to show $4,800 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 Franklin Park, IL?
In Franklin Park, IL, the price-to-rent ratio is 18.2, 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 Franklin Park, IL are best for renting a home?
The best neighborhood for renting in Franklin Park, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Belmont Heights, O'Hare, Schorsch Village, Montclare and West Loop, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$1,600
Median Single Family Home Rent
$2,500
Median Condo Rent
$1,350
How to Rent a Home