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3 Luxury Apartments Near Me in Frankfort, IL
Cost of Living
6% Rent
vs
94% Own
Renter's Cost vs. Income
Last Updated October 2023
Average Monthly Rent (Census)
Last Updated October 2023
The breakdown of people who rent in Frankfort, IL is 6% renters and 94% owners. The monthly average cost of rent in Frankfort is $1,863 per month and the yearly average income is $164,908 per year. This compares to an average rent of $983 in IL and $1,003 in the US. This data was last updated in October 2023
Travel and Transport
Commuting to Work
Last Updated October 2023
Residents of Frankfort, IL spend an average of 36.4 minutes commuting to work. 26% have short commutes under 20 minutes, 54% travel between 20 and 60 minutes, and 20% face longer journeys exceeding an hour, reflecting varying levels of accessibility and distance.
In Frankfort, IL, 5% of residents rely on public transportation, 1% commute on foot, 0% use bicycles, and 94% opt for other modes such as cars and ride-sharing.
FAQs
What is the average rating of a community in Frankfort?
The average rating is 2/5 stars.
What is the average monthly rent for Frankfort?
Based on 2023 city data, the average monthly rent is $1,863.00.
What is the average commute time?
Based on 2017 city data, the average commute is 36.4 mins.