Rentometer, Inc. | Data as of 12/04/2025
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.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| House | 3 Bedroom | $3,316 | $3,000 | $2,950 - $4,000 | $2,950 - $4,000 |
In the current period, the average rent in Frankfort was
$3,317 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.