close
View Me
Cheap Homes for Rent in Frankfort, IN from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Frankfort.
559 W Washington St
FrankfortIN46041
318 N Clark St
LebanonIN46052
208 S Main St
SheridanIN46069
1357 Central Ave
FrankfortIN46041
323 S East St
LebanonIN46052
206 E Superior St
LebanonIN46052
206 S Main St
SheridanIN46069
Showing Results 1-8, 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 | $1,299 | $1,050 | $1,800 |
| Frankfort 3 Bedroom Homes for Rent | $1,881 | $1,500 | $2,400 |
| Frankfort 4 Bedroom Homes for Rent | $2,070 | $1,695 | $2,500 |
Browse Top Homes for Rent in Frankfort
Explore Frankfort
Frankfort, IN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $715. Here is today’s list of the most affordable Frankfort apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Turtle Creek Frankfort | Emerald | Studio,1BA | $625 |
| Waterford Court | Standard One Bedroom (SN1) | 1BR,1BA | $715 |
| Eastgate Townhomes | 1 Bed 1 Bath | 1BR,2BA | $800 |
Best Value Apartments for Rent in Frankfort, IN and Nearby
As of September 13, 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 3x2 R Model at Village Square Apartments starting at $1,427 with a $1.13 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 |
| Village Square Apartments | 3x2 R | 3BR,2BA | $1.13 |
| 1055 Delphi Ave, Unit 1055 | 1055 Delphi Ave | 2BR,1.5BA | $1.22 |
| Kise Estates Apartments | Two Bedroom | 2BR,1BA | $1.22 |
| Georgetown South | 2 Bedroom | 2BR,1BA | $1.33 |
| Eastgate Townhomes | 2 Bed 1 Bath Townhome | 2BR,1BA | $1.05 |
| Deerfield Commons Apartments | Prophet | 2BR,1BA | $1.40 |
| Cross Winds Apartments | 1x1 800 Sq Ft | 1BR,1BA | $1.25 |
| The Ravine Apartment Homes | 1 BR | 1BR,1BA | $1.26 |
| Ashley Oaks Apartments | 1BR/Loft | 1BR,1BA | $1.32 |
Quick 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.
Let everyone know!
Do you know the Frankfort area?
If you’re an expert on all things Frankfort, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Frankfort, IN
Clinton Prairie Elementary School
Clinton Prairie School Corp
Public School - Grades PK-6 (663)
6 out of 10
Clinton Prairie Jr-Sr High School
Clinton Prairie School Corp
Public School - Grades 7-12 (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 $625 to $2,895. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankfort ranging from $700 to $2,500.
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 $700 to $2,500 with an average monthly rent of $1,528.
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.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.