
Cheap Homes for Rent in Frankfort, KY from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Frankfort.


201 S Broadway St

1025 Cross Keys Rd

4101 Citation Ln

430 Secretariat Dr
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.

412 Owenton Ave

326 Murrell St

409 Ridgewood Ln

205 Church St

111 Hiawatha Trail
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.
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 | $1,476 | $1,200 | $1,799 |
| Frankfort 3 Bedroom Homes for Rent | $1,937 | $1,200 | $2,795 |
| Frankfort 4 Bedroom Homes for Rent | $2,838 | $1,650 | $5,500 |
| Frankfort 5 Bedroom Homes for Rent | $2,950 | $2,950 | $2,950 |
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 and Nearby
 The cheapest available apartment rental in Frankfort, KY is a Studio unit found at Riverview Apartments priced from $589. Glenns Creek Manor Senior Living 55+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $610. 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 | $589 |
| Glenns Creek Manor Senior Living 55+ | One Bedroom | 1BR,1BA | $610 |
| The Ricks House | 2 Beds, 1 bath | 2BR,1BA | $725 |
Best Value Apartments for Rent in Frankfort, KY and Nearby
As of December 28, 2025 the best value apartment in the Frankfort area is the $1.00 price per square foot 60 Reilly Rd Model at 60 Reilly Rd, Unit 60A Reilly Rd in the starting from $1,200. The second greatest value Frankfort apartment is the 605 Taylor Ave Model at 605 Taylor Ave, Unit 1 starting at $1,700 with a $1.42 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. |
|---|---|---|---|
| 60 Reilly Rd, Unit 60A Reilly Rd | 60 Reilly Rd | 3BR,1BA | $1.00 |
| 605 Taylor Ave, Unit 1 | 605 Taylor Ave | 3BR,2BA | $1.42 |
| Huntley Ridge East at Georgetown Rd | 2 BR Townhome - Georgetown Rd | 2BR,1.5BA | $1.26 |
| Huntley Ridge East at Forest Hill | One Bedroom | 1BR,1BA | $1.17 |
| Huntley Ridge East at Hanley Ln. | 1 Bedroom | 1BR,1BA | $1.17 |
| Glenns Creek Manor Senior Living 55+ | One Bedroom | 1BR,1BA | $0.89 |
| 901 Crosshill Dr | 1 Bed 1 Bath | 1BR,1BA | $1.50 |
| The Ricks House | 2 Beds, 1 bath | 2BR,1BA | $1.21 |
| 342 Holmes St, Unit 4 | 342 Holmes St | Studio ,1BA | $1.58 |
| FarmStead | The Crown: 1 Bedroom, 1 Bath 564SqFt | 1BR,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.
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.
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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 74 Apartments for Rent in Frankfort, KY with pricing that ranges from $589 to $2,896. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankfort ranging from $799 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 $799 to $5,500 with an average monthly rent of $2,034.
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 to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!