Frankfort IL Apartments

6 rentals

Apartments For Rent Near Frankfort, IL

We found 6 more apartments matching your filters just outside Frankfort

Average Rent Trends in 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 decreased in Nov 2026 compared to the previous month. Rent for apartments peaked in Sep 2025.
MonthAverage rent
Dec 2025$1,847
Jan 2026$1,798
Feb 2026$2,098
Mar 2026$2,068
Apr 2026$2,030
May 2026$1,933
Jun 2026$1,850
Jul 2026$1,600
Aug 2026$1,747
Sep 2026$2,896
Oct 2026$2,663
Nov 2026$1,750
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$1,750$2,400$3,475$1,750
Townhomes—$1,750——$1,750
Apartments and Condos—$1,750$2,400$3,475$1,750
Houses——$2,667—$3,695

Frequently Asked Questions about Apartments and Condos for rent in Frankfort, IL

  • What is the average rent of an apartment in Frankfort, IL?
    The average rent of an apartment in Frankfort, IL is $1,725 per month.
  • When is the average rent for an apartment cheapest in Frankfort, IL?
    In 2025, the average rent for an apartment in Frankfort, IL was lowest in January when it was $1,513 per month.
  • When is the average rent for an apartment most expensive in Frankfort, IL?
    In 2025, the average rent for an apartment in Frankfort, IL was highest in September when it was $1,898 per month.
  • How many apartments or condos are available to rent in Frankfort, IL?
    There are 7 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.