City Guide
Frankfort, IL
Overview
Frankfort, IL is recognized for its railroad depot and historic downtown. The city has around 28,000 residents, so living in Frankfort offers the benefit of small-city living with the perks of a larger city. A fun fact about the city is that it's home to award-winning Prairie Park with over 13 acres of preserved native prairie and natural plants and a fishing pond. Additionally, Breidert Green Park hosts year-round events, including a farmers' market, outdoor concerts and movies, a Fine Arts Fair, a 5k walk/run, and more
What’s it like to live in Frankfort, IL ?
If you're looking to buy a home for sale in Frankfort, IL you'll find that the median sale price is
$567,500
and homes stay on the market for 57 days. You'll find that the median sale prices of
a single family home and a condo/co-op in Frankfort are $620,000
and $362,250
, respectively. Frankfort area townhouses have a median sale price of $565,000
, making them less expensive
than single family homes. If you’re not ready to buy a home, consider one of the many apartments for rent in Frankfort, ILExplore our Frankfort housing market page for insights about how home values have changed over
the years and how Frankfort home prices compare to other markets. If you're curious about the most valuable home features in Frankfort, or looking for a new home improvement project,
discover what home features and design trends may help increase your home's value.
Popular neighborhoods in and around Frankfort
| Neighborhood | Median Sale Price | Compete Score | Walk Score | Real Estate |
|---|---|---|---|---|
| Brookside Glen | $479,900 | 46 / 100 | 11 / 100 | For SaleFor Rent |
| Tara Hills | $589,400 | -- | -- | For SaleFor Rent |
| Maple Brook | $1,629,808 | -- | 37 / 100 | For SaleFor Rent |
| Prestwick | $478,500 | 25 / 100 | 3 / 100 | For SaleFor Rent |
| Lighthouse Pointe | $570,000 | -- | 8 / 100 | For SaleFor Rent |
Popular homes for sale in Frankfort
See all homes for sale
Rental listings in Frankfort
See how much rent you can affordSee all rental listings
What is the cost of living in Frankfort?
The cost of living in Frankfort is 6% lower than the national average. Housing is typically the largest expense for most American households. In Frankfort, the average monthly rent is $1,515, while the median home price is $567,500. Overall, housing in Frankfort is 29% higher than the national average. Groceries, like produce, dry goods, and other essential household items, cost 0% lower in Frankfort. Though healthcare costs 5% higher in Frankfort compared to the national average, costs vary greatly by location, person, personal health, and health insurance. In Frankfort, an optometry check-up costs around $141.42, while a dentist appointment is $116.25 on average. Learn more about the cost of living in Frankfort. Discover how utilities, transportation, and lifestyle, compares against the national average.
Compared to the national average
6%
Cost of living
29%
Home prices
Cost of living calculator
Compare cities across the U.S.
Frankfort Migration & Relocation Trends
In Feb '25 - Apr '25, 16% of Frankfort homebuyers searched to move out of Frankfort, while 84% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Frankfort from outside metros.
- Peoria homebuyers searched to move into Frankfort more than any other metro followed by Rockford and New York.
Where are people moving to Frankfort from?
- 84% of Frankfort homebuyers searched to stay within the Frankfort metropolitan area.
- Cape Coral was the most popular destination among Frankfort homebuyers followed by Phoenix and Sarasota.
Where are people from Frankfort moving to?
Number of People Moving to Frankfort
least
most
People are moving to Frankfort from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 1,034 | ||
| 2 | 992 | ||
| 3 | 916 | ||
| 4 | 738 | ||
| 5 | 732 | ||
| 6 | 452 | ||
| 7 | 447 | ||
| 8 | 431 | ||
| 9 | 290 | ||
| 10 | 249 | ||
People are leaving Frankfort for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 1,949 | ||
| 2 | 1,618 | ||
| 3 | 1,171 | ||
| 4 | 1,145 | ||
| 5 | 1,076 | ||
| 6 | 1,038 | ||
| 7 | 1,016 | ||
| 8 | 1,005 | ||
| 9 | 922 | ||
| 10 | 785 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
What is there to do in Frankfort, IL ?
If you're living in Frankfort, IL, you may be contemplating what to do in your spare time. From nature parks to stellar restaurants, there's plenty to do in this city. The KidsWork Children's Museum and Schaff Truck & Tractor Museum are two popular museums frequented by tourists and locals alike. Home to Breidert Green Park, Frankfort Park District, and Main Park, there are plenty of parks where you can enjoy a picnic or walk through the park. For a quick taste of Frankfort, stop by Dancing Marlin, Fat Rosie's Taco & Tequila Bar, or Francesca's Fortunato.
Explore some of the best things to do in Frankfort
What's the best way to get around Frankfort, IL ?
The best way to get around Frankfort is by car, but there are many methods for getting around the city. If you’re exploring the city by foot, Frankfort has a walk score of 19, meaning this area is car dependent. You can also get around Frankfort by bike. With a bike score of 44, there is a minimal amount of infrastructure for biking.
Car-Dependent
Walk Score®
Somewhat Bikeable
Bike Score®
Frankfort Transportation
Bus Station
Buses can be found throughout the city and are easily accessible to commute in the city.
Rail Station
Our data indicates this city does not have this transportation type.
Tram Station
Our data indicates this city does not have this transportation type.
Metro Station
Our data indicates this city does not have this transportation type.
Car & Bike Rentals
Renting a car is another good way to get around the city. There is 1 car rental location.
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