Cheap Apartments for Rent in Frankfort, IN from $600 (38 Rentals)

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Spring Brook Apartments
1 to 3 Bedroom Apartments

Spring Brook Apartments

701 Stone Ridge DrFrankfort, IN 46041
  • Utilities Included

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.

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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.

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Cash 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.

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Blackhawk Commons
1 to 3 Bedroom Apartments

Blackhawk Commons

503 E 4th StSheridan, IN 46069
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Georgetown South
1 to 2 Bedroom Apartments

Georgetown South

1855 Shoshone DrLafayette, IN 47909
  • Utilities Included

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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CNC Leasing Group
3 Bedroom Apartments

CNC Leasing Group

1117 Hedgewood DrLafayette, IN 47904
Showing Results 1-38, 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 Turtle Creek Frankfort priced from $625. Waterford Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $849. Here is today’s list of the most affordable Frankfort apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Turtle Creek FrankfortEmeraldStudio,1BA$625
Waterford CourtDeluxe One Bedroom (AN1)1BR,1BA$849
Chauncey Village1 Bedroom 1 Bath1BR,1BA$900
Eastgate Townhomes2 Bed 1 Bath Townhome2BR,1BA$900
Village Square Apartments1x1B1BR,1BA$903
Pheasant RunThe Pheasant 1 BR 1 BA1BR,1BA$906
STERLING COURT APARTMENTSApartment 2bd2BR,1BA$975
The Ravine Apartment Homes1 BR1BR,1BA$989
Twyckenham ApartmentsOne bedroom1BR,1BA$995
Deerfield Commons ApartmentsDigby1BR,1BA$995

Best Value Apartments for Rent in Frankfort, IN and Nearby

As of October 30, 2025 the best value apartment in the Frankfort area is the $1.39 price per square foot Grand Model at Avalon Bluffs in the starting from $2,200. The second greatest value Frankfort apartment is the Trio Model at Overture Flats starting at $1,725 with a $1.35 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.
Avalon BluffsGrand3BR,2BA$1.39
Overture FlatsTrio3BR,2BA$1.35
Ashley Oaks Apartments2BR1.5BR2BR,1.5BA$1.18
Kise Estates ApartmentsTwo Bedroom2BR,1BA$1.23
Eastgate Townhomes2 Bed 1 Bath Townhome2BR,1BA$1.05
Cross Winds Apartments1x1 800 Sq Ft1BR,1BA$1.25
The Ravine Apartment Homes1 BR1BR,1BA$1.26
STERLING COURT APARTMENTSApartment 2bd2BR,1BA$1.25
Chauncey Village1 Bedroom 1 Bath1BR,1BA$1.39
Waterford CourtDeluxe One Bedroom (AN1)1BR,1BA$1.33

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don'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.

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The 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.

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Best Local Schools in
Frankfort, IN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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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

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

The lowest price for a Cheap One Bedroom Frankfort Apartment is $900 at Chauncey Village.

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 $850 at Turtle Creek Frankfort.

What is the most affordable Frankfort Three Bedroom Apartment?

The best deal on a cheap Frankfort Three Bedroom Apartment rental is at Deerfield Commons Apartments and starts from $1,430.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.