1322 Chinook Trl
FrankfortKY40601
Cheap Homes for Rent in Frankfort, KY from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Frankfort.
304 Quachita Trail
FrankfortKY40601
1517 Steadmantown Ln
FrankfortKY40601
156 Abbey Rd
VersaillesKY40383
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.
1604 Alton Rd
LawrenceburgKY40342
4103 Citation Ln
LawrenceburgKY40342
609 Taylor Ave
FrankfortKY40601
751 Van Buren Rd
Mount EdenKY40046
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.
240 E Court St
LawrenceburgKY40342
Showing Results 1-9, Page 1 of 1
Frankfort, KY Local Guide
Cove Spring Park by Flickr User: gcapron 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 | $1,098 | $750 | $1,550 |
| Frankfort 3 Bedroom Homes for Rent | $1,967 | $1,275 | $2,700 |
| Frankfort 4 Bedroom Homes for Rent | $2,523 | $1,695 | $3,250 |
Browse Top Homes for Rent in Frankfort
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Frankfort, KY Local Guide
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Cheapest Available Frankfort Apartments for Rent
The cheapest available apartment rental in Frankfort, KY is a Studio unit found at Riverview Apartments priced from $644. 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 | $644 |
| The Rickhouse | 1 Bed, 1 bath | 1BR,1BA | $725 |
| Willowood | Studio | Studio,1BA | $770 |
Best Value Apartments for Rent in Frankfort, KY
As of June 12, 2026 the best value apartment in the Frankfort area is the $0.71 price per square foot 613 Ridgeview Dr Model at 613 Ridgeview Dr, Unit 613 in the starting from $925. The second greatest value Frankfort apartment is the 307 Ridgewood Ln Model at 307 Ridgewood Ln, Unit 4x starting at $895 with a $0.94 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. |
|---|---|---|---|
| 613 Ridgeview Dr, Unit 613 | 613 Ridgeview Dr | 2BR,1.5BA | $0.71 |
| 307 Ridgewood Ln, Unit 4x | 307 Ridgewood Ln | 2BR,1BA | $0.94 |
| Country Hills | Two Bedroom One Bath | 2BR,1BA | $0.91 |
| 218 Holmes St, Unit 218 B | 218 Holmes St | 2BR,1BA | $1.17 |
| Huntley Ridge East at Hanley Ln. | 1 Bedroom | 1BR,1BA | $1.17 |
| Huntley Ridge East at Forest Hill | One Bedroom | 1BR,1BA | $1.17 |
| Huntley Ridge East at Georgetown Rd | 1 BR Garden - Georgetown Road | 1BR,1BA | $1.34 |
| The Rickhouse | 1 Bed, 1 bath | 1BR,1BA | $1.21 |
| 903 Crosshill Dr | One Bedroom | 1BR,1BA | $1.33 |
| 216 Briar Cliff St | 1 Bedroom | 1BR,1BA | $1.33 |
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 Article
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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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.
Best Local Schools in Frankfort, KY
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Frankfort, KY Area Reviews
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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 76 Apartments for Rent in Frankfort, KY with pricing that ranges from $610 to $3,053. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankfort ranging from $750 to $3,250.
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 $750 to $3,250 with an average monthly rent of $1,709.
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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.