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Newest Homes for Rent in Franklin Park, IL

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  • 9600 Franklin Ave, Franklin Park, IL 60131
    9600 Franklin Ave, Franklin Park, IL 60131
    9600 Franklin Ave, Franklin Park, IL 60131
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    Starting at $1,798 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

    (708) 854-1104

    9600 Franklin Ave, Franklin Park, IL 60131
  • 9852 Schiller Blvd, Franklin Park, IL 60131
    9852 Schiller Blvd, Franklin Park, IL 60131
    9852 Schiller Blvd, Franklin Park, IL 60131
    /10

    $3,095 Per Month

    • 4 Beds
    • 2.5 Baths
    • 1,687 Sq Ft
    • House for Rent

    9852 Schiller Blvd, Franklin Park, IL 60131

    Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $3239.90. That covers your base rent, $3095.00 + our required services designed to make your life easier: Air Filter Delivery Fee ($9.95), Internet

    (224) 442-9805

    9852 Schiller Blvd, Franklin Park, IL 60131
  • 2845 Atlantic St, Franklin Park, IL 60131
    2845 Atlantic St, Franklin Park, IL 60131
    2845 Atlantic St, Franklin Park, IL 60131
    /20

    $2,995 Per Month

    • 4 Beds
    • 3 Baths
    • 1,469 Sq Ft
    • House for Rent

    2845 Atlantic St, Franklin Park, IL 60131

    Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $3139.90. That covers your base rent, $2995.00 + our required services designed to make your life easier: Air Filter Delivery Fee ($9.95), Internet

    (224) 442-8329

    2845 Atlantic St, Franklin Park, IL 60131
  • 2403 Lincoln St, Franklin Park, IL 60131
    2403 Lincoln St, Franklin Park, IL 60131
    2403 Lincoln St, Franklin Park, IL 60131
    /9

    $2,649 Per Month

    • 3 Beds
    • 2 Baths
    • 1,088 Sq Ft
    • House for Rent

    2403 Lincoln St, Franklin Park, IL 60131

    Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $2793.90. That covers your base rent, $2649.00 + our required services designed to make your life easier: Air Filter Delivery Fee ($9.95), Internet

    (224) 268-1623

    2403 Lincoln St, Franklin Park, IL 60131
  • 3029 Bright St Unit 1B, Franklin Park, IL 60131
    3029 Bright St Unit 1B, Franklin Park, IL 60131
    3029 Bright St Unit 1B, Franklin Park, IL 60131
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    $1,600 Per Month

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

    3029 Bright St Unit 1B, Franklin Park, IL 60131

    Move right into this clean and well-maintained 2-bedroom, 1-bath duplex-style apartment offering comfort, space, and convenience. The spacious main-level living area provides the perfect setting for relaxing or entertaining, while the upstairs features brand-new wood laminate flooring that adds a fresh, modern touch. Enjoy the privacy and feel of a duplex-style layout with generously sized

    Erika Chavez @properties Christie's International Real Estate

    3029 Bright St Unit 1B, Franklin Park, IL 60131
  • 3126 Elder Ln Unit 2, Franklin Park, IL 60131
    3126 Elder Ln Unit 2, Franklin Park, IL 60131
    3126 Elder Ln Unit 2, Franklin Park, IL 60131
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    $2,100 Per Month

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

    3126 Elder Ln Unit 2, Franklin Park, IL 60131

    Bright and spacious second-floor apartment featuring 3 bedrooms and 1 bathroom in a convenient location. This unit offers plenty of natural light and the privacy of no neighbors above. Gas and water are included in the rent. Enjoy access to a shared backyard, perfect for relaxing outdoors. Garage parking is not included. Conveniently located near to Grand Avenue, with easy access to shopping,

    Ana Spadavecchia Coldwell Banker Realty

    3126 Elder Ln Unit 2, Franklin Park, IL 60131
  • 3106 Calwagner St Unit 2, Franklin Park, IL 60131
    3106 Calwagner St Unit 2, 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 top 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 now May 17th Please call for tour or any questions. Do

    3106 Calwagner St Unit 2, Franklin Park, IL 60131
Illinois Cook County Franklin Park

Newest Homes for Rent in Franklin Park, IL

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 $2,100 per month, though prices vary by neighborhood, size, and property type. As of May 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 $84,000 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 $2,100 per month in Franklin Park, IL, renters typically need to show $6,300 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 13.9, 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 Terrace, O'Hare, Galewood, Montclare and West Loop, each with its own character and price range.

Rental Home Trends in Franklin Park, IL

There are currently 7 homes available for rent in Franklin Park, IL. The median rent is $2,100 per month, with single-family homes renting at $2,500 and condos at $1,700.

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$2,100
Median Single Family Home Rent
$2,500
Median Condo Rent
$1,700
How to Rent a Home

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