Frankfort IL Apartments
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Apartments For Rent Near Frankfort, IL
We found 5 more apartments matching your filters just outside Frankfort
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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 Jun 2026 compared to the previous month. Rent for apartments peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,645 |
| Aug 2025 | $1,648 |
| Sep 2025 | $1,898 |
| Oct 2025 | $1,622 |
| Nov 2025 | $1,645 |
| Dec 2025 | $1,847 |
| Jan 2026 | $1,798 |
| Feb 2026 | $2,098 |
| Mar 2026 | $2,070 |
| Apr 2026 | $2,027 |
| May 2026 | $1,933 |
| Jun 2026 | $1,850 |
Average Rent By Bedroom and Home Type
In June 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 | $1,500 | $1,600 | $2,720 | $6,500 | $2,720 |
| Townhomes | — | $1,790 | — | — | $1,790 |
| Apartments and Condos | — | — | $2,200 | — | $2,200 |
| Houses | — | — | $2,720 | $6,500 | $2,800 |
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 $1,850 per month. This is about 5% lower than the national average.
- When is the average rent 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 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 2 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.