What's the average rent in Frankfort, IN?

Rental Market Trends in Frankfort, IN

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Frankfort, IN is $996 per month, which is 49% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$996
0.0%
No change month over month
-0.3%
-$3 decrease year-over-year

AVAILABLE RENTALS

22

APARTMENTS

HOUSES

TOWNHOUSES

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$750
2 Bedrooms$1,085
3 Bedrooms$1,200
4 Bedrooms$2,500
All$996
As of September 2026, the average rent for a 1 bedroom rental in Frankfort, IN is $750 per month, followed by $1,085 for a 2 bedroom rental, $1,200 for a 3 bedroom rental, and $2,500 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +37% compared to the previous year, which is a +$299 increase.
This year (2026)
Last year (2025)

Rent distribution

74% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $550 to $1,250.
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