Cheap Apartments for Rent near Frankfort, KS from $515 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in Frankfort.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Pony Run
1 to 3 Bedroom Apartments

Pony Run

211 S 17th StMarysville, KS 66508
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926 Bluemont
2 Bedroom Apartments

926 Bluemont

926 Bluemont AveManhattan, KS 66502
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1620 McCain Lane
1 to 4 Bedroom Apartments

1620 McCain Lane

1620 McCain LnManhattan, KS 66502

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Brookfield Residences
2 to 3 Bedroom Apartments

Brookfield Residences

415 Walters DrManhattan, KS 66502
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Oakhill Estates
1 to 2 Bedroom Apartments

Oakhill Estates

2100 Arbor LnWamego, KS 66547
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1524 McCain Lane
2 Bedroom Apartments

1524 McCain Lane

1524 McCain LnManhattan, KS 66502

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.

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property at 715 Allison Ave
$850 - $950
1 To 2 Bedroom Rentals
Available Now
Affordability

715 Allison Ave

ManhattanKS66502
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1010 Thurston
2 Bedroom Apartments

1010 Thurston

1010 Thurston StManhattan, KS 66502
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1207 Kearney St
1 to 4 Bedroom Apartments

1207 Kearney St

1207 Kearney StManhattan, KS 66502
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1010 Kearney St
1 to 2 Bedroom Apartments

1010 Kearney St

1010 Kearney StManhattan, KS 66502
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1121 Thurston
2 Bedroom Apartments

1121 Thurston

1121 Thurston StManhattan, KS 66502
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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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Showing Results 1-46, Page 1 of 1

Frankfort, KS Local Guide

Cheapest Available Frankfort Apartments for Rent and Nearby

 

The cheapest available apartment rental in Frankfort, KS is a 1 Bed unit found at The Links at Manhattan in the Aggieville neighborhood priced from $845. The District at Manhattan in the Aggieville neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here is today’s list of the most affordable Frankfort apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Links at ManhattanClassic Deluxe IV1BR, 1BA$845
The District at Manhattan2 Bedroom/ 1 Bath2BR, 1BA$950
Strasser Village - 300 N. 4th Street1 Bed 1 Bath Plan 11BR, 1BA$1,050
519 Osage St2 Beds, 1 bath2BR, 1BA$1,074
Cambridge SquareB1 - 2 Bedroom - 1 Bathroom2BR, 1BA$1,097
Stadium Place Apartments3 bed 1 bath3BR, 1BA$1,300
Blakewood Townhomes2 Beds, 2 baths2BR, 2BA$1,439
Forrest Creek TownhomesForest Creek3BR, 2BA$1,559
The Pointe on College3 Bedroom/3 Bath3BR, 3BA$1,680

Best Value Apartments for Rent in Frankfort, KS and Nearby

As of September 16, 2026 the best value apartment in the Frankfort area is the $1.11 price per square foot Forest Creek Model at Forrest Creek Townhomes starting from $1,559. The second greatest value Frankfort apartment is the 3 Bedroom/3 Bath Model at The Pointe on College in the Aggieville neighborhood starting at $1,680 with a $1.32 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.
Forrest Creek TownhomesForest Creek3BR, 2BA$1.11
The Pointe on College3 Bedroom/3 Bath3BR, 3BA$1.32
Blakewood Townhomes2 Beds, 2 baths2BR, 2BA$1.44
Cambridge SquareB1 - 2 Bedroom - 1 Bathroom2BR, 1BA$1.17
Strasser Village - 300 N. 4th Street1 Bed 1 Bath Plan 11BR, 1BA$1.64
The District at Manhattan1 Bedrom/ 1 Bath1BR, 1BA$1.26
The Links at ManhattanClassic Deluxe IV1BR, 1BA$1.55

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Frankfort, KS Rentals by Map

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See the most popular apartments and homes in Frankfort, KS

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Frequently Asked Questions about Cheap Frankfort Apartments

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 The District at Manhattan.

What is the most affordable Frankfort Three Bedroom Apartment?

The best deal on a cheap Frankfort Three Bedroom Apartment rental is at The District at Manhattan and starts from $1,250.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.