Frankfort, IL rental market
What is the average rent in Frankfort, IL?
Last updated June 24, 2026
Rental market summary
The average rent for all bedrooms and all property types in Frankfort, IL is $3,350.
Average rent
$3,350
Month-over-month change
+$1,150
Year-over-year change
+$950
Available rentals
7
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,600 to $6,500.
| Rent price | Number of rental properties |
|---|---|
| $1,500 | 1 |
| $1,600 | 1 |
| $2,300 | 1 |
| $2,700 | 1 |
| $3,300 | 1 |
| $3,800 | 1 |
| $4,900 | 1 |
| $5,000+ | 1 |
Average rent price over time
In the last year, rent has increased by $950 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $2,450 | $2,700 |
| Feb | $2,165 | $2,700 |
| Mar | $2,500 | $2,644 |
| Apr | $1,490 | $2,400 |
| May | $1,995 | $1,900 |
| Jun | $2,400 | $1,900 |
| Jul | $2,400 | No data |
| Aug | $2,045 | No data |
| Sep | $3,249 | No data |
| Oct | $2,650 | No data |
| Nov | $1,730 | No data |
| Dec | $1,795 | No data |
Market temperature
The Frankfort, IL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Frankfort, IL is 67% higher than the national average.
$3,350
$2,010
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Frequently asked questions
1. What is the average rent in Frankfort, IL?
2. What is the average rent for a one-bedroom apartment in Frankfort, IL?
3. What is the average rent for a two-bedroom apartment in Frankfort, IL?
4. What is the average rent for a three-bedroom apartment in Frankfort, IL?
5. What is the average rent for a four-bedroom apartment in Frankfort, IL?
6. How much does it cost to rent a house in Frankfort, IL?
7. How has the rent in Frankfort, IL changed in the last year?
8. How much has the rent in Frankfort, IL increased/decreased in the last month?
9. How many available rentals are there in Frankfort, IL?
10. How do rent prices in Frankfort, IL compare with the national average?
Zip codes in Frankfort, IL
