Median Age
41 Years
Largest Age Group
40-49 Years
Approximately 14% of Residents
Under 20
24%
Over 65
17%
Avg Rent
$1,106
Population
18,070
Renter Mix
29% Rent
Franklin Park is a compact Cook County village of roughly 18,000 residents tucked just south of O'Hare International Airport, about 17 miles west of downtown Chicago. Named after real estate broker Lesser Franklin, who helped incorporate the town in the late 1800s by luring businesses with free land, the village carries a genuine working-town character that sets it apart from its suburban neighbors. Its position where I-294, I-190, and I-90 converge makes it an exceptionally practical base for commuters, and two Metra rail stations connect residents directly into the city.
The rental market here leans toward single-family homes and smaller apartment communities, offering a more grounded, residential feel than the high-rise corridors closer to Chicago. Grand Avenue serves as the commercial spine, lined with local shops, eateries, and everyday conveniences. Each summer, the village hosts Railroad Daze, a community festival celebrating its deep railroad heritage with train displays, live music, and vendor booths. For renters who want straightforward access to the broader Chicago metro without paying downtown prices, Franklin Park delivers on both location and affordability.
Median Household Income
$72,112
Average: $87,342
Education
2,730
Residents Have a Degree
Job Market
9,889
Workers Employed
Median Age
41 Years
Largest Age Group
40-49 Years
Approximately 14% of Residents
Under 20
24%
Over 65
17%
Housing Distribution
Franklin Park has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Franklin Park, IL is $801 for a studio, $1,106 for one bedroom, $1,977 for two bedrooms, and $982 for three bedrooms. Apartment rent in Franklin Park has decreased by -2.4% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Franklin Park, IL is for everyday living.
Fairly Walkable
Walkability
Some Public Transit
Transit
Exceptionally Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades PK-5
199 Students
Dan H Pietrini Elementary School
Public
Grades PK-5
223 Students
Public
Grades PK-5
426 Students
Public
Grades 6-8
446 Students
Public
Grades 9-12
1,807 Students
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Data provided by
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© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.