Rental market snapshot for Frankfort, Illinois
Frankfort, Illinois Rental Property Market Overview
Frankfort, Illinois is a small village located in Will County, about 30 miles southwest of Chicago. According to the US Census, the population of Frankfort was 20,492 in 2021. This village is known for its small-town charm and is a great place to raise a family. It is home to many parks, schools, and recreational activities, making it a great place to live.
The average rent for an apartment in Frankfort is $2,337. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has increased by 3.9% over the past year.
Last Updated May 05, 2023
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Average monthly rent graph in Frankfort Illinois | Cost of Living
- The most expensive ZIP code in Frankfort is 60423 with an average price of $2,595
- The cheapest ZIP code in Frankfort is 60423 with an average price of $2,200
Frankfort ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 60423 | $2,595 |
Live near Frankfort, Illinois's Top Sights and Attractions
Main Park is a beautiful outdoor destination located in Frankfort, Illinois. It features a variety of recreational activities, including a large playground, a walking path, a fishing pond, and a picnic area. The park also has a large open field, perfect for playing sports or flying kites. There are also several pavilions available for rent, perfect for hosting events or gatherings. The park is surrounded by lush trees and shrubs, providing a peaceful and tranquil atmosphere.
Hickory Creek Preserve is a nature preserve located in the northern suburbs of Chicago. It features over 1,000 acres of prairie, wetlands, and woodlands, as well as a variety of recreational activities. Visitors can explore the preserve on foot, bike, or horseback, or take a leisurely stroll along the scenic trails. The preserve also offers fishing, canoeing, and kayaking, as well as bird watching and wildlife viewing. There are also picnic areas and a playground for children.
Main Park is a beautiful outdoor destination located in Frankfort, Illinois. It features a variety of recreational activities, including a large playground, a walking path, a fishing pond, and a picnic area. The park also has a large open field, perfect for playing sports or flying kites. There are also several pavilions available for rent, perfect for hosting events or gatherings. The park is surrounded by lush trees and shrubs, providing a peaceful and tranquil atmosphere.
Kids Work Children's Museum is an interactive learning center designed to engage children in creative play and exploration. The museum features a variety of hands-on exhibits and activities that focus on science, technology, engineering, art, and math. Kids can explore a miniature town, climb a rock wall, and create their own art in the art studio. The museum also offers a variety of special events and programs throughout the year.
Sauk Trail Reservoir is a picturesque lake located in a rural area. It is surrounded by lush, rolling hills and is a popular spot for fishing, boating, and other outdoor activities. The lake is stocked with a variety of fish, including largemouth bass, bluegill, and catfish. There is also a beach area and picnic tables, making it a great spot for a family outing. The lake is also home to a variety of wildlife, including ducks, geese, and other birds.
Commissioners Park is a scenic outdoor area located in the heart of a small town. It features a large lake surrounded by lush green grass and trees, as well as a variety of walking trails, picnic areas, and playgrounds. The park also has a variety of recreational activities, such as fishing, boating, and biking. Visitors can also enjoy the park's many amenities, including a gazebo, a pavilion, and a band shell.
Lakeview Estates North Park is a scenic outdoor area located in Frankfort, Illinois. It features a large lake with a walking path around it, a playground, picnic areas, and a variety of trees and plants. The lake is stocked with fish, making it a popular spot for fishing. There are also several benches and gazebos throughout the park, providing visitors with a peaceful spot to relax and take in the views. The park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.
Jackson Creek Park is a beautiful outdoor area located in Frankfort, Illinois. It features a variety of activities and amenities, including a large lake, walking trails, picnic areas, playgrounds, and a disc golf course. The park also has a large open field perfect for playing sports or flying kites. There are also plenty of benches and tables scattered throughout the park, making it the perfect spot for a relaxing afternoon.
Heritage Knolls Park is a beautiful outdoor recreation area located in a picturesque rural setting. The park features a large lake, walking trails, picnic areas, playgrounds, and a variety of sports fields. Visitors can enjoy fishing, boating, and swimming in the lake, as well as take in the natural beauty of the surrounding area. The park also has a variety of amenities, such as restrooms, a concession stand, and a pavilion. Heritage Knolls Park is a great place to spend a day outdoors with family and friends.
Frankfort Park Dist is a sprawling outdoor recreation area located in the northern suburbs of Illinois. It features a variety of activities for visitors of all ages, including a large lake for swimming, fishing, and boating, as well as several miles of trails for hiking, biking, and horseback riding. The park also has several playgrounds, picnic areas, and sports fields, as well as a disc golf course. In addition, the park hosts a variety of special events throughout the year, such as concerts, festivals, and holiday celebrations.
Frankfort, Illinois area median rent change by ZIP code map
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How does Frankfort compare to other cities in Illinois ?
| city | median price |
|---|---|
| Orland Park | $2,795 |
| Hanover Park | $2,375 |
| Itasca | $2,100 |
| Hoffman Estates | $2,099 |
| Lake Zurich | $2,059 |
| Shorewood | $2,025 |
| Calumet City | $1,645 |
| Willowbrook | $1,560 |
| Urbana | $1,020 |
| Decatur | $575 |
Average household income in Frankfort area graph - US Census
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The median household income in Frankfort in 2021 was $145,645. This represents a 22.1% change from 2011 when the median was $119,274.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 0.9% |
| 1 | $10,000 to $14,999 | 0.4% |
| 2 | $15,000 to $19,999 | 1.1% |
| 3 | $20,000 to $24,999 | 2.1% |
| 4 | $25,000 to $29,999 | 1.4% |
| 5 | $30,000 to $34,999 | 1.3% |
| 6 | $35,000 to $39,999 | 1.3% |
| 7 | $40,000 to $44,999 | 2.5% |
| 8 | $45,000 to $49,999 | 0.5% |
| 9 | $50,000 to $59,999 | 3.2% |
| 10 | $60,000 to $74,999 | 8.5% |
| 11 | $75,000 to $99,999 | 10.9% |
| 12 | $100,000 to $124,999 | 10.2% |
| 13 | $125,000 to $149,999 | 11.1% |
| 14 | $150,000 to $199,999 | 18.9% |
| 15 | $200,000 or more | 26.0% |
