
Cheap Apartments for Rent near Frankfort, OH from $300 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Frankfort.


The Grove Apartments

Walnut Hills

Dogwood Apartments

University Hilltop Apartments

Springvale Apartments

Lakes at Ashton Village

CornerStone Apartments
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.

Meadow Park

Washington Estates Apartments

Woodland Heights

Woodview Estates

Carlisle Crest

Nicholas Square

Orchard Apartments

Suffolk Grove
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.

Steeplechase Village

Park Place Apartments

Total Monthly Price
Southampton Apartments

Hutchison Place

Parkway Village Apartments

North River Place Apartments

The Life at Green Arbor

Fayette Landing
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Paint Creek Station

Miller Commons Senior Apartments

Shawnee Grove

Delaware Crossing

Lamplighter Senior Village I (55+)

Everts Hill

81 N Paint St

Apple Ridge
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.

1029 Binns Blvd

93 E 2nd St

335 Washington Ave

364 Keller Rd

Highland Terrace Apartments

9955 Shepherd Rd

504 S Court St

Buckeye Trails
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.

186 College St

The Orchards Apartments
Frankfort, OH Local Guide

How much does it cost to rent an apartment in Frankfort?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Frankfort Studio Apartments | $877 | $710 | $1,115 |
| Frankfort 1 Bedroom Apartments | $1,274 | $810 | $2,051 |
| Frankfort 2 Bedroom Apartments | $1,597 | $925 | $2,471 |
| Frankfort 3 Bedroom Apartments | $1,659 | $1,024 | $3,534 |
| Frankfort 4 Bedroom Apartments | $1,794 | $1,625 | $1,925 |
Browse Top Apartments in Frankfort
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Frankfort, OH Local Guide
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Cheapest Available Frankfort Apartments for Rent and Nearby
 The cheapest available apartment rental in Frankfort, OH is a Studio unit found at Ashville Court in the Pickaway County neighborhood priced from $710. Meadow Park in the Greater Hilltop neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $925. Here is today’s list of the most affordable Frankfort apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashville Court | Studio | Studio,1BA | $710 |
| Meadow Park | 2 Beds, 1 bath | 2BR,1BA | $925 |
| Walnut Hills | A1 | 1BR,1BA | $930 |
| CornerStone Apartments | One Bedroom | 1BR,1BA | $950 |
| Dogwood Apartments | Hahn | 2BR,1BA | $995 |
| Woodview Estates | Circleville Townhomes- Call For Availability | 2BR,1BA | $1,025 |
| University Hilltop Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,050 |
| Carlisle Crest | 2 Bdrm Town Home | 2BR,1BA | $1,050 |
| Orchard Apartments | Orchard Apartments 2 Bedroom Apartment | 2BR,1BA | $1,122 |
| Suffolk Grove | One Bed One Bath Standard | 1BR,1BA | $1,140 |
Best Value Apartments for Rent in Frankfort, OH and Nearby
As of July 27, 2026 the best value apartment in the Frankfort area is the $0.98 price per square foot Three Bedroom Townhome Model at Steeplechase Village in the in the Outer Southern Columbus neighborhood starting from $1,275. The second greatest value Frankfort apartment is the D1 Hickory Model at The Orchards Apartments starting at $1,695 with a $1.38 price per square foot in the South Columbus neighborhood. 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. |
|---|---|---|---|
| Steeplechase Village | Three Bedroom Townhome | 3BR,1.5BA | $0.98 |
| The Orchards Apartments | D1 Hickory | 3BR,2BA | $1.38 |
| Buckstone Flats | The Xander | 2BR,2BA | $1.35 |
| The Life at Green Arbor | Spruce | 3BR,1.5BA | $1.23 |
| University Hilltop Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.11 |
| Woodview Estates | Circleville Townhomes- Call For Availability | 2BR,1BA | $1.15 |
| Carlisle Crest | 2 Bdrm Town Home | 2BR,1BA | $1.22 |
| CornerStone Apartments | Two Bedroom | 2BR,1BA | $1.38 |
| Meadow Park | 2 Beds, 1 bath | 2BR,1BA | $1.32 |
| Ashville Court | Studio | Studio ,1BA | $1.01 |
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 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
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, OH
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Frankfort, OH Rentals by Map
See the most popular apartments and homes in Frankfort, OH
Frequently Asked Questions about Cheap Frankfort Apartments
How much is rent for a Cheap One Bedroom Frankfort Apartment?
The lowest price for a Cheap One Bedroom Frankfort Apartment is $810 at Ashville Court.
What is the lowest price for a Cheap Two Bedroom Frankfort Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Frankfort is starting from $910 at Ashville Court.
What is the most affordable Frankfort Three Bedroom Apartment?
The best deal on a cheap Frankfort Three Bedroom Apartment rental is at Steeplechase Village and starts from $1,275.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.