403 W Boone St
FrankfortIN46041
Cheap Homes for Rent in Frankfort, IN from $800 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Frankfort.
522 N Lebanon St
LebanonIN46052
1008 North St
LafayetteIN47904
1318 South St
LafayetteIN47901
630 S 15th St
LafayetteIN47905
616 Perrin Ave
LafayetteIN47904
549 S 3rd St
LafayetteIN47905
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.
3022 Ferry St
LafayetteIN47904
15 S 26th St
LafayetteIN47904
2107 Central St
LafayetteIN47905
1609 Grove St
LafayetteIN47905
1611 Grove St
LafayetteIN47905
3209 Underwood St
LafayetteIN47904
1609 Arlington Rd
LafayetteIN47904
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.
Showing Results 1-14, Page 1 of 1
Frankfort, IN Local Guide
Winding Indiana road by wsilver is licensed under CC BY 2.0
How much does it cost to rent a home in Frankfort?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Frankfort 2 Bedroom Homes for Rent | $1,340 | $1,100 | $2,000 |
| Frankfort 3 Bedroom Homes for Rent | $1,735 | $1,195 | $2,400 |
| Frankfort 4 Bedroom Homes for Rent | $2,188 | $1,725 | $2,695 |
| Frankfort 5 Bedroom Homes for Rent | $2,490 | $2,450 | $2,530 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Frankfort
Explore Frankfort
Frankfort, IN Local Guide
- Nearby Cities
- ZIP codes
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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 2 Beds apartment currently listed from $670. Here is today’s list of the most affordable Frankfort apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eastgate Townhomes | Studio | Studio,1BA | $650 |
| Blackhawk Commons | Two Bedroom | 2BR,1BA | $670 |
| Pheasant Run | The Retriever Studio | Studio,1BA | $766 |
| Waterford Court | Standard One Bedroom (SN1) | 1BR,1BA | $775 |
| Georgetown South | 1 Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Frankfort, IN and Nearby
As of April 28, 2026 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 3B Model at Anvil 38 Apartments starting at $1,910 with a $1.41 price per square foot . Here is today’s list of the best values for Frankfort apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Avalon Bluffs | Grand | 3BR,2BA | $1.39 |
| Anvil 38 Apartments | 3B | 3BR,3BA | $1.41 |
| Precedent Flats | Specials Available | Perrin | 2BR,2BA | $1.31 |
| Sagamore Winds Apartments | 2 Bed/2 Bath A | 2BR,2BA | $1.38 |
| The Ravine Apartment Homes | 2 BR UPGRA | 2BR,1.5BA | $1.23 |
| Melrose Place | 2x1 | 2BR,1BA | $1.42 |
| Windemere Apartments | 2 bed 1 bath Renovated | 2BR,1BA | $1.35 |
| Cross Winds Apartments | 1 Bed/1 Bath | 1BR,1BA | $1.31 |
| Georgetown South | 2 Bedroom | 2BR,1BA | $1.31 |
| Eastgate Townhomes | Studio | Studio ,1BA | $1.35 |
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 Article
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.
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.
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Best Local Schools in Frankfort, IN
Clinton Prairie Elementary School
Clinton Prairie School Corp
Public School - Grades PK-5 (663)
6 out of 10
Clinton Prairie Jr-Sr High School
Clinton Prairie School Corp
Public School - Grades 6-12 (530)
6 out of 10
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 Frankfort
What type of rentals are currently available in Frankfort?
There are currently 55 Apartments for Rent in Frankfort, IN with pricing that ranges from $750 to $2,999. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankfort ranging from $870 to $2,695.
What is the current price range for Rental Homes in Frankfort?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Frankfort ranges from $870 to $2,695 with an average monthly rent of $1,756.
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.