2417 Pearl St
AndersonIN46016
Cheap Homes for Rent in Frankton, IN from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Frankton.
309.5 Central Ave
AndersonIN46012
223 E 11th St
AndersonIN46016
2422 Lincoln St
AndersonIN46016
1022 W 1st St
AndersonIN46016
1310 W 13th St
AndersonIN46016
1550 Raible Ave
AndersonIN46011
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.
1807 Raible Ave
AndersonIN46011
208 N Washington St
FranktonIN46044
501 W 2nd St
AndersonIN46016
420 W 25th St
AndersonIN46016
1631 W 7th St
AndersonIN46016
216 N Delaware St
AndersonIN46016
1311 Fletcher St
AndersonIN46016
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.
Showing Results 1-14, Page 1 of 1
Frankton, IN Local Guide
Autumn color by Steve Baker is licensed under CC BY 2.0
How much does it cost to rent a home in Frankton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Frankton 2 Bedroom Homes for Rent | $991 | $650 | $1,395 |
| Frankton 3 Bedroom Homes for Rent | $1,344 | $1,000 | $2,875 |
| Frankton 4 Bedroom Homes for Rent | $1,200 | $1,200 | $1,200 |
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Frankton, IN Local Guide
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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 in the Anderson neighborhood priced from $250. Longfellow Plaza Affordable Senior Community in the Anderson neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $790. 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 |
| Longfellow Plaza Affordable Senior Community | Studio | Studio,1BA | $790 |
| Forest Oaks Apartments | 1 Bed 1 Bath (Down) | 1BR,1BA | $850 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| 1212 Meridian Flats | 1x1 | 1BR,1BA | $850 |
Best Value Apartments for Rent in Frankton, IN and Nearby
As of August 19, 2026 the best value apartment in the Frankton area is the $0.51 price per square foot 3BD/3BA Unfurnished Premium Model at University Village in the in the Westacres neighborhood starting from $549. The second greatest value Frankton apartment is the 2 Beds, 2 Baths Model at Tin Plate Apartments starting at $1,295 with a $1.22 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. |
|---|---|---|---|
| University Village | 3BD/3BA Unfurnished Premium | 3BR,3BA | $0.51 |
| Tin Plate Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.22 |
| 1212 Meridian Flats | 2x1 | 2BR,1BA | $1.21 |
| Grissom Estates Apartments | Two Bedroom | 2BR,1BA | $1.04 |
| Hoosier Woods | 2X2 60% | 2BR,2BA | $1.04 |
| Applecreek | The Golden | 2BR,1BA | $1.16 |
| Madison Lakes | One Bedroom | 1BR,1BA | $1.25 |
| 6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.26 |
| 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 |
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 Article
Real 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.
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Pet Friendly LifestyleFrankton, IN
Ranked #98
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
Frequently Asked Questions about Frankton
What type of rentals are currently available in Frankton?
There are currently 47 Apartments for Rent in Frankton, IN with pricing that ranges from $250 to $3,665. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankton ranging from $650 to $2,875.
What is the current price range for Rental Homes in Frankton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Frankton ranges from $650 to $2,875 with an average monthly rent of $1,125.
How much are larger Three and Four Bedroom Rentals in Frankton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Frankton range from $549 to $3,665, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,875. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $449.
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.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.