
Cheap Homes for Rent in Frankfort, KY from $400 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Frankfort.


1972 Cambridge Dr

1021 Cross Keys Rd

1310 Louisville Rd
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.

215 W Todd St

1310 Louisville Rd

1025 Cross Keys Rd

302 Clay St
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.

6 Hudson Hollow Road
Frankfort, KY Local Guide

How much does it cost to rent a home in Frankfort?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Frankfort 2 Bedroom Homes for Rent | $1,318 | $975 | $1,750 |
| Frankfort 3 Bedroom Homes for Rent | $2,012 | $1,325 | $3,100 |
| Frankfort 4 Bedroom Homes for Rent | $2,743 | $1,650 | $5,500 |
| Frankfort 5 Bedroom Homes for Rent | $3,450 | $3,450 | $3,450 |
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Frankfort, KY Local Guide
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Cheapest Available Frankfort Apartments for Rent and Nearby
 The cheapest available apartment rental in Frankfort, KY is a Studio unit found at Riverview Apartments priced from $627. The Rickhouse has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Frankfort apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverview Apartments | Studio | Studio,1BA | $627 |
| The Rickhouse | 1 Bed, 1 bath | 1BR,1BA | $725 |
| Country Hills | Two Bedroom One Bath | 2BR,1BA | $807 |
Best Value Apartments for Rent in Frankfort, KY and Nearby
As of March 12, 2026 the best value apartment in the Frankfort area is the $1.25 price per square foot 605 Taylor Ave Model at 605 Taylor Ave, Unit 1 in the starting from $1,500. The second greatest value Frankfort apartment is the 2 BR Townhome - Georgetown Rd Model at Huntley Ridge East at Georgetown Rd starting at $1,295 with a $1.26 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. |
|---|---|---|---|
| 605 Taylor Ave, Unit 1 | 605 Taylor Ave | 3BR,2BA | $1.25 |
| Huntley Ridge East at Georgetown Rd | 2 BR Townhome - Georgetown Rd | 2BR,1.5BA | $1.26 |
| 1515 Steadmantown Ln, Unit 2 | 1515 Steadmantown Ln | 2BR,1BA | $1.10 |
| FarmStead | The Metro: 2 Bedroom, 1 Bath 816SqFt | 2BR,1BA | $1.19 |
| Country Hills | Two Bedroom One Bath Small | 2BR,1BA | $1.15 |
| Huntley Ridge East at Hanley Ln. | 1 Bedroom | 1BR,1BA | $1.17 |
| Huntley Ridge East at Forest Hill | One Bedroom | 1BR,1BA | $1.17 |
| 342 Holmes St, Unit 4 | 342 Holmes St | Studio ,1BA | $1.46 |
| The Rickhouse | 1 Bed, 1 bath | 1BR,1BA | $1.21 |
| Winthrop Court | One Bed One Bath Standard | 1BR,1BA | $1.49 |
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
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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.
Best Local Schools in Frankfort, KY
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frankfort, KY Area Reviews
Val • 3+ years in Frankfort
February 25, 2025Very boring place to live Frankfort is the worst Capital to live in
Frequently Asked Questions about Frankfort
What type of rentals are currently available in Frankfort?
There are currently 75 Apartments for Rent in Frankfort, KY with pricing that ranges from $610 to $3,420. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankfort ranging from $450 to $5,500.
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 $450 to $5,500 with an average monthly rent of $1,801.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.