Studio Rent · September 2026

Studio Apartment Rent in Franklin Park, IL

$1,190/mo

Median asking rent for a studio apartment in Franklin Park, Illinois as of September 2026. That's +34% lower than the citywide median of $1,800 and +8% below the national studio median of $1,290.

Studio median
$1,190
September 2026
vs city overall
-34%
$1,800 city median
vs national
-8%
$1,290 US median
Illinois rank
#45
of 136 cities

Income needed for a studio in Franklin Park

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.

Annual income
$47,600
Monthly gross
$3,967
Hourly (full-time)
$22.88

Rent by apartment size in Franklin Park

Compare Franklin Park's median rent across every apartment size.

Studio (current)
$1,190
1-Bedroom
$1,280
2-Bedroom
$1,440
3-Bedroom
$1,850
4+ Bedroom
$2,170

Cheapest cities for a studio in Illinois

#CityStudio rent
1Carbondale$443
2Dixon$610
3Charleston$640
4Quincy$650
5Macomb$660
6Pekin$660
7Rock Island$680
8Danville$690
9Moline$700
10Normal$720
11Peoria$738
12Springfield$750
13Decatur$760
14Marion$760
15Bloomington$770

Most expensive cities for a studio in Illinois

#CityStudio rent
1Morton Grove$2,190
2Lake Forest$2,190
3Deerfield$2,190
4Barrington$2,190
5Wilmette$2,100
6Buffalo Grove$2,100
7Highland Park$2,060
8Plainfield$2,015
9Naperville$1,978
10Vernon Hills$1,970
11Streamwood$1,970
12Northbrook$1,960
13Bartlett$1,940
14Bolingbrook$1,925
15Romeoville$1,910

Nearby cities — studio rent

Most nearby cities have similar or higher studio rents than Franklin Park.

CityDistanceStudio rentvs Franklin Park
Elmhurst, IL4.9 mi$1,910+$720 (+61%)
Des Plaines, IL5.3 mi$1,370+$180 (+15%)
Elmwood Park, IL5.4 mi$1,380+$190 (+16%)
Forest Park, IL6.8 mi$1,370+$180 (+15%)
Oak Park, IL7.3 mi$1,683+$493 (+41%)
La Grange Park, IL7.4 mi$1,420+$230 (+19%)
Brookfield, IL8.2 mi$1,270+$80 (+7%)
Addison, IL9.2 mi$1,310+$120 (+10%)
Elk Grove Village, IL9.2 mi$1,620+$430 (+36%)
Berwyn, IL9.6 mi$1,330+$140 (+12%)
Morton Grove, IL9.7 mi$2,190+$1,000 (+84%)
Glenview, IL10.4 mi$1,720+$530 (+45%)

Studio rent in Franklin Park — common questions

How much is a studio apartment in Franklin Park?

As of September 2026, the median studio apartment rent in Franklin Park, Illinois is $1,190 per month. This is +34% below the citywide median of $1,800.

What income do you need to afford a studio in Franklin Park?

Using the standard 30% rent-to-income rule, you would need an annual income of about $47,600 ($3,967/month gross), which works out to roughly $22.88/hour at a full-time job.

Is Franklin Park expensive for a studio compared to the rest of the US?

Franklin Park's studio median of $1,190 is +8% below the national studio median of $1,290. It ranks in the 43th percentile of US cities tracked.

How does Franklin Park rank for studio rent in Illinois?

Among the 136 cities in Illinois with studio data, Franklin Park ranks #45 from cheapest to most expensive.

Are there cheaper studio options near Franklin Park?

Most nearby cities have similar or higher studio rents than Franklin Park.

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Franklin Park, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (September 2026) and exclude cities with median rent below $400 or above $20,000.