Market Summary

Frankfort, Will County, IL

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Median Home Price Price

$466,854 $466.9K

Median Monthly Rent Rent

$1,829 $1.8K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Will County

Region Price Rent GRM Display
$420,895 $1,562 22.0x
$374,577 $1,485 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Will County

Region Price Rent GRM Display
$363,080 $1,823 17.0x
$442,258 $1,857 20.0x
$427,077 $1,695 21.0x
$542,573 $1,866 24.0x
$421,886 $2,401 15.0x
$270,736 $1,787 13.0x
$323,230 $1,460 18.0x
$391,236 $1,845 18.0x
$430,361 $1,846 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$424,158 $1,822 19.0x
$355,476 $2,520 12.0x
$455,506 $1,957 19.0x
$406,213 $1,304 26.0x
$320,277 $1,015 26.0x
$382,566 $1,668 19.0x
$343,916 $1,370 21.0x
$335,576 $1,605 17.0x
$257,774 $1,209 18.0x
$377,608 $1,201 26.0x
$387,763 $1,555 21.0x
$336,937 $1,422 20.0x
$331,772 $1,202 23.0x
$332,255 $1,569 18.0x
$457,592 $1,811 21.0x
$240,924 $1,107 18.0x
$425,737 $1,702 21.0x
$631,730 $1,658 32.0x
$319,213 $1,191 22.0x
$459,169 $1,998 19.0x
$514,770 $1,271 34.0x
$322,129 $1,538 17.0x
$384,538 $1,989 16.0x
$282,147 $1,135 21.0x
$345,798 $1,403 21.0x
$303,504 $1,738 15.0x
$444,600 $1,665 22.0x
$237,762 $1,055 19.0x

Home prices

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Monthly rent

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GRM

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Frankfort

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Trend Insights

Median Rent in Frankfort, IL is $1,829, with MoM change +$18 and YoY change +$145 pointing to positive momentum while volatility is low (std $37).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Frankfort, IL.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Frankfort, IL
Compare market Select a market
Delta vs base
Median rent
$1,829
N/A
Median price
$466,854
N/A
YoY change
+$145
N/A
Price-to-rent
21.3x
Data unavailable
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