Cheap Homes for Rent in Frankfort, KY from $500 (9 Rentals)

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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.

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 Studio unit found at Juniper Hills Apartments priced from $650. Riverview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Frankfort apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Juniper Hills ApartmentsStudioStudio,1BA$650
Riverview ApartmentsOne Bedroom One Bath1BR,1BA$675
WillowoodStudioStudio,1BA$765

Best Value Apartments for Rent in Frankfort, KY

As of September 14, 2025 the best value apartment in the Frankfort area is the $1.41 price per square foot Two Bedroom Model at Prince Hall Village - Renovated 2020 in the starting from $1,106. The second greatest value Frankfort apartment is the 1519 Steadmantown Ln Model at 1519 Steadmantown Ln, Unit 1 starting at $875 with a $1.13 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.
Prince Hall Village - Renovated 2020Two Bedroom2BR,1BA$1.41
1519 Steadmantown Ln, Unit 11519 Steadmantown Ln2BR,1BA$1.13
Country HillsOne Bedroom One Bath1BR,1BA$1.14
Huntley Ridge East at Georgetown Rd1 BR Loft (Georgetown Road)Studio ,1BA$1.38
Riverview ApartmentsOne Bedroom One Bath1BR,1BA$1.08
Juniper Hills ApartmentsStudioStudio ,1BA$1.63
WillowoodStudio RenoStudio ,1BA$2.97

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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 67 Apartments for Rent in Frankfort, KY with pricing that ranges from $585 to $3,104. There are also 55 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankfort ranging from $525 to $4,000.

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 $525 to $4,000 with an average monthly rent of $1,983.

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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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.