Last updated on July 30, 2026

Average rent in
Franklin Park, IL

Median rent

Median rent in Franklin Park

$2,198/mo

increased by16%

vs previous year

The average rent in Franklin Park is $2,198 per month as of July 2026. This is 14% above the national average rent, or $268 more per month.

$2.12

average price per square foot

Total rentals

Available rentals in Franklin Park

17

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Franklin Park rentals at each price point

50%38%25%13%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Franklin Park, IL

Average rent prices in Franklin Park have decreased by 5% over the last month and have increased by 16% 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 Franklin Park, IL

Rent prices in Franklin Park vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Franklin Park is $1,495, whereas a house costs $2,947. 1-bedroom apartments in Franklin Park run $1,350 on average, while 2-bedroom apartments are $2,898.

Listings

Studio

$1,400

8%

-

1 bedroom

$1,400

14%

14%

2 bedroom

$1,799

11%

10%

3 bedroom

$2,795

8%

9%

4 bedroom

$3,195

1%

51%

Studio

Average rent

$1,400

Last 30 days

8%

1 bedroom

Average rent

$1,400

Last 30 days

14%

Last year

14%

2 bedroom

Average rent

$1,799

Last 30 days

11%

Last year

10%

3 bedroom

Average rent

$2,795

Last 30 days

8%

Last year

9%

4 bedroom

Average rent

$3,195

Last 30 days

1%

Last year

51%

The table above reflects average rent prices in Franklin Park, 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 Franklin Park, IL compare to other cities?

Compare median rent prices in Franklin Park and Bensenville by all bedroom counts and property types.

Franklin Park

Median rent price$2,198
increased by14%

higher than the national median

Median rent price$2,700
increased by40%

higher than the national median

Takeaway

The median rent for all rentals in Franklin Park, IL is 19% lower than the median rent in Bensenville, IL.

Discover rentals in Franklin Park, IL

2537 Willow St - Photo 1 of 1

5d+ ago

House for rent in Franklin Park

SINGLE_FAMILY - Franklin Park, IL

2537 Willow St, Franklin Park, IL 60131

3 beds

2 baths

$3,000

House for rent

Stay up to date with rental market insights

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Frequently asked questions for Franklin Park, IL

Quick answers to common questions about the Franklin Park rental market.

How much is rent in Franklin Park?

The average rent in Franklin Park is $2,198 per month as of July 25, 2026.

Is rent up or down in Franklin Park?

Average rent prices in Franklin Park have decreased by 5% over the last month and have increased by 16% since last year.

How does Franklin Park rent compare to the national average?

Rent in Franklin Park is 14% above the national average, which means renters are paying approximately $268 more per month.

What salary do I need to afford rent in Franklin Park?

To comfortably afford rent in Franklin Park, you'd need to earn approximately $88,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Franklin Park?

Based on our current listings, Franklin Park welcomes pet owners with 58% of rental apartments accommodating pets. With about 12 listings available monthly, this works out to roughly 7 pet-friendly options each month.

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).

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