
Cheap Homes for Rent in Frankfort, OH from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Frankfort.


335 Washington Ave

123 Walnut St

504 S Court St
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.

1017 Rawling St

124 Sherman Ave

287 E Woodrow Ave

3204 T Ave
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
Frankfort, OH 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 | $1,300 | $1,225 | $1,350 |
| Frankfort 3 Bedroom Homes for Rent | $1,876 | $1,300 | $2,545 |
| Frankfort 4 Bedroom Homes for Rent | $2,603 | $1,850 | $3,500 |
Browse Top Homes for Rent in Frankfort
Explore Frankfort
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 priced from $710. Walnut Hills has the second lowest priced unit, which is a Studio apartment currently listed from $775. 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 |
| Walnut Hills | S1 | Studio,1BA | $775 |
| Fox Run Crossing | 3 Bedroom | 3BR,1BA | $817 |
Best Value Apartments for Rent in Frankfort, OH and Nearby
As of June 11, 2026 the best value apartment in the Frankfort area is the $1.38 price per square foot D1 Hickory Model at The Orchards Apartments in the in the South Columbus neighborhood starting from $1,695. The second greatest value Frankfort apartment is the Two Bedroom Townhome Model at Steeplechase Village starting at $1,150 with a $0.96 price per square foot in the Outer Southern 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. |
|---|---|---|---|
| The Orchards Apartments | D1 Hickory | 3BR,2BA | $1.38 |
| Steeplechase Village | Two Bedroom Townhome | 2BR,1.5BA | $0.96 |
| Fox Run Crossing | 3 Bedroom | 3BR,1.5BA | $0.72 |
| The Life at Green Arbor | Cedar | 2BR,1BA | $1.37 |
| The Groves @ 665 | Scarlet Oak | 2BR,2BA | $1.47 |
| University Hilltop Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.11 |
| Woodview Estates | Circleville Townhomes- Call For Availability | 2BR,1BA | $1.15 |
| Meadow Park | 2 Beds, 1 bath | 2BR,1BA | $1.32 |
| Ashville Court | Studio | Studio ,1BA | $1.01 |
| Frankfort Place | 1 Bedroom | 1BR,1BA | $1.41 |
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!
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Frequently Asked Questions about Frankfort
What type of rentals are currently available in Frankfort?
There are currently 53 Apartments for Rent in Frankfort, OH with pricing that ranges from $710 to $3,031. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankfort ranging from $925 to $3,500.
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 $925 to $3,500 with an average monthly rent of $1,691.
How much are larger Three and Four Bedroom Rentals in Frankfort?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Frankfort range from $1,225 to $3,031, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $2,545. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,550.
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 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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.