
Cheap Homes for Rent in Frankfort, SD from $800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in Frankfort.

The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

307 W Washington Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

317 8th Ave SW
Frankfort, SD 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 | $1,325 | $875 | $1,800 |
Frankfort 3 Bedroom Homes for Rent | $4,087 | $1,850 | $10,000+ |
Frankfort 4 Bedroom Homes for Rent | $2,795 | $2,795 | $2,795 |
Browse Top Homes for Rent in Frankfort
Explore Frankfort
Frankfort, SD Local Guide
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Best Value Apartments for Rent in Frankfort, SD and Nearby
As of May 29, 2025 the best value apartment in the Frankfort area is the $1.03 price per square foot TH 4P/B - 1,640 Model at Wheatgrass Village I in the starting from $1,695. The second greatest value Frankfort apartment is the 1629 - 3A Model at The Plains Apartments starting at $1,870 with a $1.37 price per square foot . 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. |
---|---|---|---|
Wheatgrass Village I | TH 4P/B - 1,640 | 4BR,2.5BA | $1.03 |
The Plains Apartments | 1629 - 3A | 3BR,2BA | $1.37 |
One & Two Willow Creek | 2BR/2.0BA | 2BR,2BA | $1.12 |
Marketplace Apartments | K | 2BR,2BA | $1.35 |
Dakota Estates | DEIII Cedar | 2BR,2BA | $1.47 |
Aberdeen Communities | 2 BED 1 BATH | 2BR,1BA | $1.50 |
The Lofts | A | 1BR,1BA | $1.47 |
Forte Living of Aberdeen: 50+ Community! | Finch | 1BR,1BA | $1.53 |
Forte of Brookings: 50+ Community! | Finch | 1BR,1BA | $1.80 |
Prairie Springs Apartments | Prairie Springs 1 - 1 Bed 1 Bath | 1BR,1BA | $1.43 |
Quick 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.
Frequently Asked Questions about Frankfort
What type of rentals are currently available in Frankfort?
There are currently 36 Apartments for Rent in Frankfort, SD with pricing that ranges from $625 to $1,900. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankfort ranging from $275 to $10,000.
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 $275 to $10,000 with an average monthly rent of $2,028.
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 $1,335 to $1,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $10,000. Four Bedroom Single-Family rentals are also available starting from $2,795 and Four Bedroom Apartments start at $1,695.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.