Bedroom count
Property type
Last updated on July 15, 2026
Average rent in
Frankfort, IL
Average rent in
Last updated on July 15, 2026
Bedroom count
Property type
Median rent
Median rent in Frankfort
$2,280/mo
4%vs previous year
The average rent in Frankfort is $2,280 per month as of July 2026. This is 17% above the national average rent, or $330 more per month.
average price per square foot
Total rentals
Available rentals in Frankfort
15
for rent on Zumper.com as of July 2026
Rent price distribution
Share of Frankfort rentals at each price point
Rent trends in Frankfort, IL
Average rent prices in Frankfort have increased by 49% over the last month and have increased by 4% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Frankfort, IL
Rent prices in Frankfort vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Frankfort is $1,600, whereas a house costs $2,765. 1-bedroom apartments in Frankfort run $1,225 on average, while 2-bedroom apartments are $1,600.
Listings | ||||
|---|---|---|---|---|
Studio | $1,135 | - | - | |
1 bedroom | $1,265 | No Change |  10% | |
2 bedroom | $1,625 | 23% | 9% | |
3 bedroom | $2,235 | 2% | No Change | |
4 bedroom | $2,600 | 26% | 58% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Frankfort, IL.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,600 | 31% | No Change | |
Condos | $2,300 | 4% | 15% | |
Houses | $2,765 | 2% | No Change |
Studio
Average rent
$1,135
1 bedroom
Average rent
$1,265
Last year
10%
2 bedroom
Average rent
$1,625
Last 30 days
23%
Last year
9%
3 bedroom
Average rent
$2,235
Last 30 days
2%
Last year
No Change
4 bedroom
Average rent
$2,600
Last 30 days
26%
Last year
58%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Frankfort, IL.
Apartments
Average rent
$1,600
Last 30 days
31%
Condos
Average rent
$2,300
Last 30 days
4%
Last year
15%
Houses
Average rent
$2,765
Last 30 days
2%
The table above reflects average rent prices in Frankfort, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Frankfort, IL compare to other cities?
Compare median rent prices in Frankfort and Burr Ridge by all bedroom counts and property types.
Frankfort
17%higher than the national median
13%higher than the national median
Takeaway
The median rent for all rentals in Frankfort, IL is 4% higher than the median rent in Burr Ridge, IL.
Average rent in nearby cities
Explore rent trends in neighboring markets
$2,200
26%$1,500
7%$1,669
3%$1,500
40%$2,100
43%$1,500
21%$1,700
28%$1,850
7%$2,872
105%$1,800
20%$1,600
29%$2,200
11%Discover rentals in Frankfort, IL
4d ago
19653 S Edinburgh Ln, Frankfort, IL 60423
2 beds
2 baths
$2,350
Apartment for rent
4d ago
Apartment for rent in Frankfort
249 Franklin Ave #249, Frankfort, IL 60423
2 beds
1 bath
$1,850
Apartment for rent
4d ago
19653 S Edinburgh Ln, Frankfort, IL 60423
2 beds
2 baths
$2,350
Apartment for rent
Stay up to date with rental market insights
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Frequently asked questions for Frankfort, IL
Quick answers to common questions about the Frankfort rental market.
How much is rent in Frankfort?
The average rent in Frankfort is $2,280 per month as of July 11, 2026.
Is rent up or down in Frankfort?
Average rent prices in Frankfort have increased by 49% over the last month and have increased by 4% since last year.
How does Frankfort rent compare to the national average?
Rent in Frankfort is 17% above the national average, which means renters are paying approximately $330 more per month.
What salary do I need to afford rent in Frankfort?
To comfortably afford rent in Frankfort, you'd need to earn approximately $91,000/year, based on spending no more than 30% of your income on rent.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).