
Cheap 2 Bedroom Apartments for Rent in Frankfort, IN from $950 (38 Rentals)


STERLING COURT APARTMENTS

Eastgate Townhomes

Nickel Plate Flats

408 John St, Unit 408, Unit 408

Clinton Estates Luxury Apartments

Spring Brook Apartments

Shenandoah Properties

Shaker Square
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Chauncey Village

Hawthorne Properties

Waterford Court

Georgetown South

Concord Crossing

Burberry Place Apartments

Ashley Oaks Apartments

Twyckenham Apartments

Murdock Gardens Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

The Ravine Apartment Homes

Crosspoint Apartments

Windemere Apartments

Village Square Apartments

Deerfield Commons Apartments

McCarty Place Apartments

Anvil 38 Apartments

Foxfire at Valley Lakes

Kise Estates Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Reserve at Madison Flatts

Cross Winds Apartments

Melrose Place

The Harbor at Southaven

Blackhawk Commons

15 S 26th St

549 S 3rd St

3022 Ferry St

2107 Central St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

3209 Underwood St

Parkview of Lebanon
Frankfort, IN Local Guide

How much does it cost to rent an apartment in Frankfort?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Frankfort Studio Apartments | $916 | $750 | $1,749 |
| Frankfort 1 Bedroom Apartments | $1,174 | $775 | $2,999 |
| Frankfort 2 Bedroom Apartments | $1,330 | $950 | $2,624 |
| Frankfort 3 Bedroom Apartments | $1,700 | $1,270 | $2,359 |
Explore Frankfort
Frankfort, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Frankfort, IN
Clinton Prairie Elementary School
Clinton Prairie Jr-Sr High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Frankfort, IN Rentals by Map
See the most popular apartments and homes in Frankfort, IN
Frequently Asked Questions about Cheap Frankfort Apartments
What is the Cheapest Studio apartment in Frankfort?
Currently the most affordable Cheap Studio Apartment in Frankfort is at Blackhawk Commons listed at $670.
How much is rent for a Cheap One Bedroom Frankfort Apartment?
The lowest price for a Cheap One Bedroom Frankfort Apartment is $670 at Blackhawk Commons.
What is the lowest price for a Cheap Two Bedroom Frankfort Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Frankfort is starting from $670 at Blackhawk Commons.
What is the most affordable Frankfort Three Bedroom Apartment?
The best deal on a cheap Frankfort Three Bedroom Apartment rental is at Blackhawk Commons and starts from $670.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.