
Cheap Homes for Rent in Frankfort, SD from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Frankfort.


17 2nd Ave NE

917 S 3rd St

1038 S Lake Dr
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.

1301 John Deere Cir

212 5th Ave SW

513 Elm Ave, Unit 103

724 S 1st St
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.

918 2nd Ave
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 | $1,349 | $1,000 | $1,850 |
Frankfort 3 Bedroom Homes for Rent | $3,245 | $1,200 | $10,000+ |
Frankfort 4 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Top Homes for Rent in Frankfort
Explore Frankfort
Frankfort, SD Local Guide
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Cheapest Available Frankfort Apartments for Rent and Nearby
 The cheapest available apartment rental in Frankfort, SD is a 1 Bed unit found at Aberdeen Communities priced from $925. Wheatgrass Village I has the second lowest priced unit, which is a 2 Beds apartment currently listed from $990. Here is today’s list of the most affordable Frankfort apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $925 |
Wheatgrass Village I | 2X - 906 | 2BR,1BA | $990 |
Sioux Village | Studio | Studio,1BA | $995 |
Best Value Apartments for Rent in Frankfort, SD and Nearby
As of July 29, 2025 the best value apartment in the Frankfort area is the $1.22 price per square foot 3 Bed Model at Cloverfield Townhomes in the in the Downtown Brookings neighborhood starting from $2,200. The second greatest value Frankfort apartment is the 1631 - 3 Bedroom Model at The Plains Apartments starting at $1,975 with a $1.45 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. |
---|---|---|---|
Cloverfield Townhomes | 3 Bed | 3BR,2.5BA | $1.22 |
The Plains Apartments | 1631 - 3 Bedroom | 3BR,2BA | $1.45 |
Lake Area Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
Marketplace Apartments | F | 2BR,2BA | $1.40 |
Wilkeshire Apartments | 980 sf 2b/1b | 2BR,1BA | $1.20 |
Wheatgrass Village I | 2X - 906 | 2BR,1BA | $1.09 |
624 8th Ave SE, Unit 4 | 624 8th Ave SE | 2BR,1BA | $0.97 |
Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.40 |
Forte Living of Aberdeen: 50+ Community! | Finch | 1BR,1BA | $1.53 |
Dakota Estates | DEII Cyprus | 1BR,1BA | $1.57 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Frankfort
What type of rentals are currently available in Frankfort?
There are currently 38 Apartments for Rent in Frankfort, SD with pricing that ranges from $600 to $2,200. There are also 17 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 $1,653.
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 $1,215 to $2,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $10,000. Four Bedroom Single-Family rentals are also available starting from $1,500 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.