Studio Apartment Rent in Franklin Park, IL
Median asking rent for a studio apartment in Franklin Park, Illinois as of March 2026. That's +23% lower than the citywide median of $1,550 and +8% below the national studio median of $1,290.
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.
Rent by apartment size in Franklin Park
Compare Franklin Park's median rent across every apartment size.
Cheapest cities for a studio in Illinois
| # | City | Studio rent |
|---|---|---|
| 1 | Carbondale | $451 |
| 2 | Dixon | $610 |
| 3 | Charleston | $640 |
| 4 | Quincy | $650 |
| 5 | Macomb | $660 |
| 6 | Pekin | $660 |
| 7 | East Peoria | $670 |
| 8 | Rock Island | $680 |
| 9 | Danville | $690 |
| 10 | Moline | $700 |
| 11 | Peoria Heights | $700 |
| 12 | Normal | $720 |
| 13 | Peoria | $738 |
| 14 | Springfield | $750 |
| 15 | Washington | $750 |
Most expensive cities for a studio in Illinois
| # | City | Studio rent |
|---|---|---|
| 1 | Morton Grove | $2,190 |
| 2 | Lake Forest | $2,190 |
| 3 | Deerfield | $2,190 |
| 4 | Barrington | $2,190 |
| 5 | Wilmette | $2,100 |
| 6 | Buffalo Grove | $2,100 |
| 7 | Highland Park | $2,060 |
| 8 | Plainfield | $2,015 |
| 9 | Naperville | $1,978 |
| 10 | Vernon Hills | $1,970 |
| 11 | Streamwood | $1,970 |
| 12 | Northbrook | $1,960 |
| 13 | Bartlett | $1,940 |
| 14 | Bolingbrook | $1,925 |
| 15 | Romeoville | $1,910 |
Nearby cities — studio rent
Considering nearby alternatives? 2 of these cities have cheaper studio rents than Franklin Park.
| City | Distance | Studio rent | vs Franklin Park |
|---|---|---|---|
| Elmhurst, IL | 4.9 mi | $1,910 | +$720 (+61%) |
| Des Plaines, IL | 5.3 mi | $1,370 | +$180 (+15%) |
| Elmwood Park, IL | 5.4 mi | $1,380 | +$190 (+16%) |
| Broadview, IL | 5.9 mi | $1,160 | $-30 (-3%) |
| Forest Park, IL | 6.8 mi | $1,370 | +$180 (+15%) |
| Oak Park, IL | 7.3 mi | $1,683 | +$493 (+41%) |
| La Grange Park, IL | 7.4 mi | $1,420 | +$230 (+19%) |
| Brookfield, IL | 8.2 mi | $1,270 | +$80 (+7%) |
| Addison, IL | 9.2 mi | $1,310 | +$120 (+10%) |
| Elk Grove Village, IL | 9.2 mi | $1,620 | +$430 (+36%) |
| Berwyn, IL | 9.6 mi | $994 | $-196 (-16%) |
| Morton Grove, IL | 9.7 mi | $2,190 | +$1,000 (+84%) |
Studio rent in Franklin Park — common questions
How much is a studio apartment in Franklin Park?
As of March 2026, the median studio apartment rent in Franklin Park, Illinois is $1,190 per month. This is +23% below the citywide median of $1,550.
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 44th percentile of US cities tracked.
How does Franklin Park rank for studio rent in Illinois?
Among the 156 cities in Illinois with studio data, Franklin Park ranks #58 from cheapest to most expensive.
Are there cheaper studio options near Franklin Park?
Yes — nearby cities with cheaper studio rents include Broadview ($1,160), Berwyn ($994).