Newest Homes for Rent in Franklin Park, IL

/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
Explore Franklin Park
/2
$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
/24
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

9600 Franklin Ave, 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
/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 July 1st Please call for tour or any questions. Do not

3106 Calwagner St Unit 2, Franklin Park, IL 60131

Illinois Cook County

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 $1,400 per month, though prices vary by neighborhood, size, and property type. As of July 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 $56,000 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 $1,400 per month in Franklin Park, IL, renters typically need to show $4,200 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 20.8, 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 Irving Woods, O'Hare, Belmont Heights, Montclare and West Loop, each with its own character and price range.

Rental Trends in Franklin Park, IL

There are currently 5 homes available for rent in Franklin Park, IL. The median rent is $1,400 per month, with single-family homes renting at $2,425 and condos at $1,350.

Rental Home Trends

Number of Homes for Rent 5	Median Rent $1,400
Median Single Family Home Rent $2,425	Median Condo Rent $1,350

How to Rent a Home

Rentals in Franklin Park

Homes for Rent by Bedrooms in Franklin Park

Rentals by Price in Franklin Park

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