Cheap Homes for Rent in Frankfort, KY from $700 (6 Rentals)

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property at 106 Oakmont Ln

106 Oakmont Ln

FrankfortKY40601

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.

property at 114 Oakmont Ln

114 Oakmont Ln

FrankfortKY40601

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

Cheapest Available Frankfort Apartments for Rent

 

The cheapest available apartment rental in Frankfort, KY is a 1 Bed unit found at Riverview Apartments priced from $602. 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 ListingModel NameBed/BathPriced From
Riverview ApartmentsOne Bedroom One Bath1BR,1BA$602
Glenns Creek Manor Senior Living 55+One Bedroom1BR,1BA$610
The Ricks House2 Beds, 1 bath2BR,1BA$725

Best Value Apartments for Rent in Frankfort, KY

As of November 12, 2025 the best value apartment in the Frankfort area is the $1.17 price per square foot 218 Holmes St Model at 218 Holmes St, Unit 218 B in the starting from $1,050. The second greatest value Frankfort apartment is the Two Bedroom Model at Prince Hall Village - Renovated 2020 starting at $1,106 with a $1.41 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.
218 Holmes St, Unit 218 B218 Holmes St2BR,1BA$1.17
Prince Hall Village - Renovated 2020Two Bedroom2BR,1BA$1.41
Country HillsOne Bedroom One Bath1BR,1BA$1.09
Riverford Crossing ApartmentsBentley Flat I1BR,1BA$2.26
Glenns Creek Manor Senior Living 55+One Bedroom1BR,1BA$0.89
901 Crosshill Dr1 Bed 1 Bath1BR,1BA$1.50
The Ricks House2 Beds, 1 bath2BR,1BA$1.21
Winthrop CourtOne Bed One Bath S1BR,1BA$1.64
FarmSteadThe Crown: 1 Bedroom, 1 Bath 564SqFt1BR,1BA$1.55
Juniper Hills ApartmentsStudioStudio ,1BA$2.11

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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

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Frankfort, KY Area Reviews

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Val3+ years in Frankfort

February 25, 2025

Very 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 70 Apartments for Rent in Frankfort, KY with pricing that ranges from $602 to $3,244. There are also 38 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 $1,810.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.