
Cheap Homes for Rent in Frankfort, KY from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Frankfort.


209 Landings Dr

204 Laffoon Dr

763 Ridgeview Dr
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.

757 Ridgeview Dr

704 Chinn Ave

201 S Broadway St

1604 Alton Rd
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.
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 | $1,345 | $850 | $1,699 |
| Frankfort 3 Bedroom Homes for Rent | $1,943 | $1,450 | $2,999 |
| Frankfort 4 Bedroom Homes for Rent | $2,350 | $2,300 | $2,400 |
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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 1 Bed unit found at 903 Crosshill Dr priced from $695. Riverview Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $698. Here is today’s list of the most affordable Frankfort apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 903 Crosshill Dr | One Bedroom | 1BR,1BA | $695 |
| Riverview Apartments | Studio | Studio,1BA | $698 |
| 216 Briar Cliff St | 1 Bedroom | 1BR,1BA | $700 |
Best Value Apartments for Rent in Frankfort, KY
As of September 12, 2026 the best value apartment in the Frankfort area is the $1.20 price per square foot 2 BR Townhome - Georgetown Rd Model at Huntley Ridge East in the starting from $1,295. The second greatest value Frankfort apartment is the 58 Reilly Rd Model at 58 Reilly Rd, Unit 58A Reilly Road starting at $1,300 with a $1.30 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. |
|---|---|---|---|
| Huntley Ridge East | 2 BR Townhome - Georgetown Rd | 2BR,1.5BA | $1.20 |
| 58 Reilly Rd, Unit 58A Reilly Road | 58 Reilly Rd | 3BR,1BA | $1.30 |
| Country Hills | Two Bedroom One Bath | 2BR,1BA | $0.90 |
| 60B Reilly Rd, Unit 60B Reilly Rd | 60B Reilly Rd | 1BR,1BA | $1.03 |
| Huntley Ridge East at Hanley Ln. | 1 Bedroom | 1BR,1BA | $1.17 |
| Huntley Ridge East at Forest Hill | One Bedroom | 1BR,1BA | $1.17 |
| 506 Steele St | One Bedroom | 1BR,1BA | $1.29 |
| The Rickhouse | 1 Bed, 1 bath | 1BR,1BA | $1.25 |
| 903 Crosshill Dr | One Bedroom | 1BR,1BA | $1.16 |
| 216 Briar Cliff St | 1 Bedroom | 1BR,1BA | $1.17 |
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 ArticleNavigating 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.
Read ArticleReal 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.
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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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 76 Apartments for Rent in Frankfort, KY with pricing that ranges from $610 to $3,051. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankfort ranging from $800 to $2,999.
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 $800 to $2,999 with an average monthly rent of $1,668.
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

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.

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.

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.

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.