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The Towers at Southdale Affordable Senior
524 W 53rd StAnderson, IN 46013
Cheap Apartments for Rent in Frankton, IN from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Frankton.
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from $650Studio to 2 Bedroom Apartments Contact Us For Availability
Bay Terrace Apartments
530 Alhambra DrAnderson, IN 46012
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from $6731 to 4 Bedroom Apartments Available Now
Hoosier Woods Apartments
3833 Hoosier Woods CtAnderson, IN 46013
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from $749Studio to 1 Bedroom Apartments Available Now
Harter House Anderson LLC
600 Main StAnderson, IN 46016
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.
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from $7751 to 3 Bedroom Apartments Available Now
North Pointe Commons
2800 Crystal StAnderson, IN 46012
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from $790Studio to 2 Bedroom Apartments Available Now
Longfellow Plaza Affordable Senior Community
319 E 12th StAnderson, IN 46016
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from $7991 to 3 Bedroom Apartments Available Now
Cedar Ridge Townhomes
3634 Oaklawn DrAnderson, IN 46013
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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.
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from $8301 to 3 Bedroom Apartments Contact Us For Availability
Woods Edge
4700 W Woods Edge LnMuncie, IN 47304
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from $8501 to 3 Bedroom Apartments Available Now
Forest Oaks Apartments
4100 W Woods Edge LnMuncie, IN 47304
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from $8651 to 3 Bedroom Apartments Available Now
Applecreek
1326 Mcintosh LnAnderson, IN 46013
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.
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from $870Studio to 2 Bedroom Apartments Available Now
Colonial Crest Apartments
405 S Morrison RdMuncie, IN 47304
1222 Nichol Ave
AndersonIN46016
1712 Jefferson St
AndersonIN46016
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1807 Raible Ave
AndersonIN46011
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Frankton, IN Local Guide
Autumn color by Steve Baker is licensed under CC BY 2.0
How much does it cost to rent an apartment in Frankton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Frankton Studio Apartments | $1,165 | $650 | $1,574 |
| Frankton 1 Bedroom Apartments | $1,398 | $250 | $2,834 |
| Frankton 2 Bedroom Apartments | $1,616 | $670 | $3,361 |
| Frankton 3 Bedroom Apartments | $1,904 | $539 | $3,706 |
| Frankton 4 Bedroom Apartments | $1,360 | $350 | $2,750 |
Browse Top Apartments in Frankton
See all Apartments in FranktonExplore Frankton
Frankton, IN Local Guide
- Nearby Cities
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Cheapest Available Frankton Apartments for Rent and Nearby
The cheapest available apartment rental in Frankton, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. The Haven in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $510. Here is today’s list of the most affordable Frankton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
| The Haven | 4x4 | 4BR,4BA | $510 |
| Hoosier Woods Apartments | 1x1 50% | 1BR,1BA | $673 |
| Harter House Anderson LLC | Rose | Studio,1BA | $749 |
| North Pointe Commons | 1BR/1BA | 1BR,1BA | $775 |
Best Value Apartments for Rent in Frankton, IN and Nearby
As of June 05, 2025 the best value apartment in the Frankton area is the $1.17 price per square foot (7182B1) 2x1 Model at Summerlake Meadows in the in the Barrington Estates neighborhood starting from $1,449. The second greatest value Frankton apartment is the 2 Beds, 2 Baths Model at Tin Plate Apartments starting at $1,195 with a $1.12 price per square foot . Here is today’s list of the best values for Frankton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Summerlake Meadows | (7182B1) 2x1 | 2BR,1BA | $1.17 |
| Tin Plate Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.12 |
| Grissom Estates Apartments | Two Bedroom | 2BR,1BA | $1.13 |
| Hoosier Woods Apartments | 2x2 60% | 2BR,2BA | $1.06 |
| Cross Lakes Apartments | 2x2FP R | 2BR,2BA | $1.34 |
| Cedar Ridge Townhomes | The Maple | 2BR,1BA | $1.14 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
| Forest Oaks Apartments | 1 Bed 1 Bath (Down) | 1BR,1BA | $1.27 |
| The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
| The Haven | 2x2 | 2BR,2BA | $1.33 |
Quick Rent Budget Calculator
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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.
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Pet Friendly LifestyleFrankton, IN
Ranked #75
Among cities in Indiana for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Frankton, IN Rentals by Map
See the most popular apartments and homes in Frankton, IN
Frankton, IN Apartments MapFrankton, IN Rental Homes MapGetting Around Frankton, IN
Walk Score®
14 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
30 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Frankton Apartments
What is the Cheapest Studio apartment in Frankton?
Currently the most affordable Cheap Studio Apartment in Frankton is at Harter House Anderson LLC listed at $749.
How much is rent for a Cheap One Bedroom Frankton Apartment?
The lowest price for a Cheap One Bedroom Frankton Apartment is $250 at The Towers at Southdale Affordable Senior.
What is the lowest price for a Cheap Two Bedroom Frankton Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Frankton is starting from $670 at The Haven.
What is the most affordable Frankton Three Bedroom Apartment?
The best deal on a cheap Frankton Three Bedroom Apartment rental is at The Haven and starts from $545.
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.