Last updated on September 13, 2026

Average rent in
Frankfort, IL

Median rent

Median rent in Frankfort

$1,920/mo

decreased by22%

vs previous year

The average rent in Frankfort is $1,920 per month as of September 2026. This is 1% above the national average rent, or $20 more per month.

$2.01

average price per square foot

Total rentals

Available rentals in Frankfort

15

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Frankfort rentals at each price point

65%49%33%16%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Frankfort, IL

Average rent prices in Frankfort have decreased by 38% over the last month and have decreased by 22% 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 $1,450, whereas a house costs $2,865. 1-bedroom apartments in Frankfort run $1,100 on average, while 2-bedroom apartments are $1,700.

Listings

1 bedroom

$1,100

No Change

24%

2 bedroom

$1,500

2%

29%

3 bedroom

$2,895

21%

4%

4 bedroom

$2,500

3%

57%

1 bedroom

Average rent

$1,100

Last year

24%

2 bedroom

Average rent

$1,500

Last 30 days

2%

Last year

29%

3 bedroom

Average rent

$2,895

Last 30 days

21%

Last year

4%

4 bedroom

Average rent

$2,500

Last 30 days

3%

Last year

57%

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

Median rent price$1,920
increased by1%

higher than the national median

Median rent price$1,987
increased by5%

higher than the national median

Takeaway

The median rent for all rentals in Frankfort, IL is 3% lower than the median rent in Burr Ridge, IL.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 $1,920 per month as of September 12, 2026.

Is rent up or down in Frankfort?

Average rent prices in Frankfort have decreased by 38% over the last month and have decreased by 22% since last year.

How does Frankfort rent compare to the national average?

Rent in Frankfort is 1% above the national average, which means renters are paying approximately $20 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 $77,000/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).

Apartments for rent in Aurora