In Frankfort, 5% of the residents are renting compared to 95% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Frankfort's rentals, 51% are small-scale complexes with under 50 units, and 46% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Frankfort are about 0 years old, on average. Of these, none have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 0 stories. About none of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Rental apartments in Frankfort come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 0% of the total apartments in the city, while 2-bedroom floorplans represent around 0% of all rentals in Frankfort. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
Frankfort, Illinois is located approximately 37 miles southwest of Chicago, making it a viable option for those working in the city but seeking a quieter suburban lifestyle. The local economy thrives on a mix of retail, healthcare, and educational services, attracting a diverse range of renters. One of the standout features of Frankfort is its commitment to parks and recreation, including the expansive Hickory Creek Preserve and the 40-acre Commissioners Park, which offers numerous sports facilities and walking trails. The arts scene in Frankfort is anchored by the Frankfort Arts Association, and the town frequently hosts community arts events. Historical exploration is encouraged at the Frankfort Area Historical Museum, and the architecture throughout the town reflects a charming blend of historic and modern influences. As for cuisine, renters in Frankfort enjoy a variety of dining options ranging from traditional American fare to international cuisine, with local favorites like Francesca's Fortunato for Italian and Dancing Marlin for seafood. Educational needs are well served by the local school district, which is known for its strong performance and community involvement.
Frankfort offers a variety of rental options, from modern apartments in the town center to more spacious single-family homes in suburban neighborhoods. Architectural styles vary widely, featuring everything from Victorian homes in the historic districts to contemporary townhouses. The downtown area, known for its quaint shops and proximity to local amenities like the Frankfort Public Library, tends to attract young professionals and couples. Meanwhile, neighborhoods like Prestwick draw families due to their larger homes and proximity to top-rated schools and parks. Typical rental properties in these areas provide attractive features for different demographics, ensuring that there's something for everyone in Frankfort.
Frankfort's shopping scene caters to a range of tastes and preferences. The main shopping hub can be found at Frankfort Town Center, which hosts a variety of retail stores and eateries. For more unique shopping experiences, the historic downtown area features small boutiques and artisan shops, offering everything from handmade jewelry to boutique clothing. Common grocery chains like Jewel-Osco and Mariano's are readily available for daily needs, alongside local markets like Frankfort Country Market, which is popular for its fresh, locally-sourced produce and crafts.
Public transportation in Frankfort includes buses operated by the Pace bus service, which connects residents to nearby areas and Metra train stations for those commuting to Chicago. The town is also served by major highways like Interstate 57 and U.S. Route 45, facilitating easy car travel both within and outside the suburb. The nearest airports for regional and international travel are Chicago Midway International Airport and Chicago O'Hare International Airport, both accessible within an hour's drive. This network of transportation options makes Frankfort a convenient location for renters looking to balance suburban comfort with access to urban employment and amenities.
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