Cheap Apartments for Rent in Frankfort, IN from $600 (35 Rentals)

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Spring Brook Apartments
1 to 3 Bedroom Apartments

Spring Brook Apartments

701 Stone Ridge DrFrankfort, IN 46041
  • Utilities Included

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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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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CNC Leasing Group
3 Bedroom Apartments

CNC Leasing Group

1117 Hedgewood DrLafayette, IN 47904
Showing Results 1-35, Page 1 of 1

Frankfort, IN Local Guide

Cheapest Available Frankfort Apartments for Rent and Nearby

 

The cheapest available apartment rental in Frankfort, IN is a Studio unit found at Eastgate Townhomes priced from $650. Blackhawk Commons in the Cicero Arcadia neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $840. Here is today’s list of the most affordable Frankfort apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eastgate TownhomesStudioStudio,1BA$650
Blackhawk CommonsThree Bedroom3BR,2BA$840
Pheasant RunThe Retriever StudioStudio,1BA$855
Village Square Apartments1X1B R1BR,1BA$950
Deerfield Commons ApartmentsDigby1BR,1BA$995
Cross Winds Apartments1x1 800 Sq Ft1BR,1BA$1,000
Kise Estates ApartmentsOne Bedroom1BR,1BA$1,039
Georgetown South2 Bedroom2BR,1BA$1,050
451 Lebanon Apartments1C1BR,1BA$1,150
Overture FlatsAcapella C ADA1BR,1BA$1,250

Best Value Apartments for Rent in Frankfort, IN and Nearby

As of June 24, 2025 the best value apartment in the Frankfort area is the $1.45 price per square foot 3 Bedroom 2.5 Bathroom The Bennet Model at Honor Meadows Owner LLC in the in the Lebanon Whitestown neighborhood starting from $2,350. The second greatest value Frankfort apartment is the Grand - Garage Included Model at Avalon Bluffs starting at $2,200 with a $1.39 price per square foot . Here is today’s list of the best values for Frankfort apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Honor Meadows Owner LLC3 Bedroom 2.5 Bathroom The Bennet3BR,2.5BA$1.45
Avalon BluffsGrand - Garage Included3BR,2BA$1.39
Jackson Run TownhomesBarton 3 Bed3BR,2.5BA$1.44
Anvil 38 Apartments3B3BR,3BA$1.44
Burberry Place Apartments2 Bedrooms, 2 Bathrooms2BR,2BA$1.41
Sagamore Winds Apartments2 Bed/2 Bath B2BR,2BA$1.38
Georgetown South2 Bedroom2BR,1BA$1.16
Cross Winds Apartments1x1 800 Sq Ft1BR,1BA$1.25
Village Square Apartments1X1B R1BR,1BA$1.22
Eastgate TownhomesStudioStudio ,1BA$1.35

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Best Local Schools in
Frankfort, IN

School data provided by Great Schools

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See the most popular apartments and homes in Frankfort, IN

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Getting Around Frankfort, IN

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

34 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Eastgate Townhomes listed at $650.

How much is rent for a Cheap One Bedroom Frankfort Apartment?

The lowest price for a Cheap One Bedroom Frankfort Apartment is $872 at Pheasant Run.

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 $950 at Eastgate Townhomes.

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 $840.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.