Average Rent in Frankfort, IL

Apartments & Houses by Size

Rentometer, Inc. | Data as of 09/02/2026

See what properties are renting for on your street

Go beyond area averages and get accurate rent estimates for any address.

Current rent in Frankfort (all property types)

  • $4,928 4+ Bedroom

Frankfort, Illinois offers a welcoming blend of suburban charm and convenient access to the greater Chicago area, making it a desirable destination for renters seeking both space and community. The city’s well‑maintained neighborhoods feature tree‑lined streets, reputable schools, and a variety of local amenities such as parks, shopping districts, and dining options. Residents enjoy proximity to attractions like the historic Downtown Frankfort district, the beautiful Riverbend Park, and easy commuter routes via the nearby I‑64 and I‑55 corridors.

The rental market in Frankfort is anchored by spacious single‑family homes, with three‑bedroom houses being particularly popular among families and professionals. These homes typically command rents in the $3300 range, while the median price sits around the $3000 level, reflecting a strong demand for quality living spaces with ample room for work‑from‑home arrangements and family life. Many properties feature modern updates, sizable yards, and convenient garage access, aligning with the city’s reputation for comfortable, family‑friendly housing.

Beyond its residential appeal, Frankfort benefits from a vibrant community atmosphere, highlighted by annual events like the Frankfort Festival and a thriving local arts scene. Easy access to major highways, public transit options, and nearby commercial hubs adds to the city’s appeal, making it an ideal spot for renters who value a balanced lifestyle that combines suburban tranquility with urban connectivity. Whether you’re seeking a quiet neighborhood or a lively cultural environment, Frankfort’s rental market offers a compelling mix of options.

Go beyond averages. Get answers for your property.

  • See what nearby properties rent for

    Real rental listings and comps at the street level

  • Get an instant rent estimate

    Enter any address for an accurate estimate in seconds

  • Generate a Pro Report

    Branded PDF reports for clients, lenders, or owners

  • Analyze areas with confidence

    Compare neighborhoods and trends with powerful data

Partial Data Available: We have sufficient data for 4+ Bedroom listings. Other bedroom types need more data for reliable statistics.

Frankfort Rent by Property Type & Bedroom Count

Averages, medians, and ranges across recent rental listings

Unlock the full rent breakdown — averages, medians, and rent ranges for every property type and bedroom count.

See Plans & Pricing

Overall average rents for this area are always free — see the summary just below.

Current rent in Frankfort (all property types)

  • $4,928 4+ Bedroom

Note: This analysis includes only bedroom types with sufficient data.

See what properties are renting for on your street

Enter an address to instantly view nearby rental comps and get an accurate rent estimate.

  • Real rental listings
  • Street-level data
  • Instant results

Need a professional rent report?

Create branded reports with comps, statistics, and insights.

  • Comparable rental listings
  • Market statistics & trends
  • Branded PDF reports
  • Perfect for clients, lenders & owners

About this data

Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.

If you cite, share, or republish data from this report, please credit Rentometer.

About this data