What is the average rent of an apartment in Frankfort, IL?

The average rent of an apartment in Frankfort, IL is $2,713 per month. This is about 39% higher than the national average.

When is the average rent for an apartment cheapest in Frankfort, IL?

In the last year, the average rent in Frankfort, IL was lowest in Jan 2025 when it was $1,513 per month.

In the last year, the average rent in Frankfort, IL was highest in Sep 2025 when it was $1,898 per month.

There are 4 available apartments or condos to rent in Frankfort, IL.

Some neighborhoods in Frankfort, IL include: Frankfort Square , Prestwick .

Frankfort, IL includes zip codes such as: 60423 .

Some nearby cities include: Mokena , Matteson , Monee , Richton Park , Tinley Park . These cities may have more rental options to explore.

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APPLY INSTANTLY
PET FRIENDLY
$1,695/mo
2 Beds
1 Bath
900 sqft
20164 S Frankfort Square Rd #I,
Frankfort, IL 60423
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APPLY INSTANTLY
FURNISHED
$3,750/mo
2 Beds
2 Baths
1,300 sqft
116 Kansas St #2A,
Frankfort, IL 60423
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$3,625/mo
4 Beds
3 Baths
3,300 sqft
61 Kaffel Ct #2S,
Frankfort, IL 60423
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PET FRIENDLY
$1,700/mo
2 Beds
1 Bath
448 Lincoln Ln #2S,
Frankfort, IL 60423
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$1,700/mo
2 Beds
1 Bath
329 N Maple St #102,
Frankfort, IL 60423
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Apartments For Rent Near Frankfort, IL

Rent in Frankfort, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.

Average rent for a apartment increased in Sep 2026 compared to the previous month. Rent for apartments peaked in Sep 2025.

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In September 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.

	1 bed	2 beds	3 beds	4 beds	All
All home types	—	$1,700	$3,150	$3,725	$2,295
Townhomes	—	$1,750	—	—	$1,750
Apartments and Condos	—	$1,695	—	$3,725	$3,725
Houses	—	—	$3,150	$6,000	$6,000

What is the average rent of an apartment in Frankfort, IL?
The average rent of an apartment in Frankfort, IL is $2,713 per month. This is about 39% higher than the national average.
When is the average rent for an apartment cheapest in Frankfort, IL?
In the last year, the average rent in Frankfort, IL was lowest in Jan 2025 when it was $1,513 per month.
When is the average rent for an apartment most expensive in Frankfort, IL?
In the last year, the average rent in Frankfort, IL was highest in Sep 2025 when it was $1,898 per month.
How many apartments or condos are available to rent in Frankfort, IL?
There are 4 available apartments or condos to rent in Frankfort, IL.
What are some neighborhoods in Frankfort, IL?
Some neighborhoods in Frankfort, IL include: Frankfort Square, Prestwick.
What are some zip codes in Frankfort, IL?
Frankfort, IL includes zip codes such as: 60423.
What are some cities near Frankfort, IL?
Some nearby cities include: Mokena, Matteson, Monee, Richton Park, Tinley Park. These cities may have more rental options to explore.