
Cheap Homes for Rent near Frankfort, OH from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Frankfort.


491 E 2nd St

335 Washington Ave

81 N Paint St
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.

364 Keller Rd

836 Madison Ave

504 S Court St

186 College St
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.

4659 Parrau Dr
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 | $2,064 | $1,250 | $5,370 |
| Frankfort 3 Bedroom Homes for Rent | $2,904 | $1,200 | $4,995 |
| Frankfort 4 Bedroom Homes for Rent | $2,435 | $1,700 | $3,600 |
| Frankfort 5 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
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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 2 Beds unit found at Fox Run Crossing priced from $666. Ashville Court in the Pickaway County neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $710. Here is today’s list of the most affordable Frankfort apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fox Run Crossing | 2 Bedroom | 2BR,1BA | $666 |
| Ashville Court | Studio | Studio,1BA | $710 |
| Everts Hill | 1 Bedroom | 1BR,1BA | $762 |
Best Value Apartments for Rent in Frankfort, OH and Nearby
As of September 10, 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 Spruce Model at The Life at Green Arbor starting at $1,259 with a $1.19 price per square foot in the Elmont Place 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 Life at Green Arbor | Spruce | 3BR,1.5BA | $1.19 |
| Fox Run Crossing | 2 Bedroom | 2BR,1.5BA | $0.74 |
| CornerStone Apartments | One Bedroom | 1BR,1BA | $1.06 |
| Woodview Estates | Circleville Townhomes- Call For Availability | 2BR,1BA | $1.15 |
| Carlisle Crest | 2 Bdrm Town Home | 2BR,1BA | $1.22 |
| Everts Hill | 1 Bedroom | 1BR,1BA | $1.07 |
| Ashville Court | Studio | Studio ,1BA | $1.01 |
| Meadow Park | 2 Beds, 1 bath | 2BR,1BA | $1.32 |
| 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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
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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 $3,232. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankfort ranging from $500 to $5,370.
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 $500 to $5,370 with an average monthly rent of $2,509.
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 $1,259 to $2,125, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $4,995. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,625.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.