All Countries
Franklin Park, IL
Full City Profile · Illinois · Cook County County
3.1
/5.0
B
Good
18,233
Population
3,814/sq mi density
$76,009
Median Income
$30,568 per capita
$261,700
Home Value
$303,216 Zillow
$1,103
Median Rent
28.0% income on rent
51°F
Avg Temperature
275 sunny days/yr
231
Violent Crime/100K
1,031 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$76,009 median income, 3.5% unemployment
A+
Affordability
4.7 / 5.0
$261,700 home value, $1,103/mo rent
F
Safety
1.0 / 5.0
231 violent crimes/100K
C
Education
2.5 / 5.0
18.7% bachelor's degree or higher
Housing Overview
Median Home Value
$261,700
7% below
US avg: $281,900
Median Rent
$1,103/mo
5% below
US avg: $1,163/mo
Homeownership Rate
75.1%
15% above US avg (65.4%)
Total Housing Units
6,267
Median year built: 1956
Home Value by Source
Census Median
$261,700
Zillow (ZHVI)
$303,216
Median Sale Price
$373,000
Median List Price
$369,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.1%
Owner-Occupied
24.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,103/mo
Market Indicators (Redfin)
Median Days on Market
32 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$265
Active Inventory
27
homes for sale
Affordability & Housing Stock
Rent Burden
28.0%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
75.1%
Complete Housing Data
Home Values
| Census Median Value | $261,700 |
| Zillow Home Value (ZHVI) | $303,216 |
| Median Sale Price | $373,000 |
| Median List Price | $369,900 |
| Price Per Sq Ft | $265 |
Rent
| Census Median Rent | $1,103 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 32 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 11.1% |
| Homes Sold | 5 |
| Active Inventory | 27 |
| Price Per Sq Ft | $265 |
Ownership & Stock
| Owner-Occupied | 75.1% |
| Renter-Occupied | 24.9% |
| Homeownership Rate | 75.1% |
| Total Housing Units | 6,267 |
| Median Year Built | 1956 |
| Rent Burden | 28.0% |