What's the average rent in Frankfort, KY?

Rental Market Trends in Frankfort, KY

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Frankfort, KY is $957 per month, which is 50% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$957

-1.0%-$10 decrease month-over-month

-12.6%-$138 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$998

HOUSES

$1,644

TOWNHOUSES

$1,800

As of May 2026, apartments are the most affordable rental option in Frankfort, KY at $998 per month, while townhomes are the most expensive at $1,800 per month. Houses average $1,644 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$800
2 Bedrooms	$1,050
3 Bedrooms	$1,667
4 Bedrooms	$2,500
All	$957

As of May 2026, the average rent for a 1 bedroom rental in Frankfort, KY is $800 per month, followed by $1,050 for a 2 bedroom rental, $1,667 for a 3 bedroom rental, and $2,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$825
2 Bedrooms	$1,050
3 Bedrooms	$1,995
4 Bedrooms	—
All	$1,800

As of May 2026, the average rent for a 1 bedroom townhome in Frankfort, KY is $825 per month, followed by $1,050 for a 2 bedroom townhome, and $1,995 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$800
2 Bedrooms	$925
3 Bedrooms	$1,275
4 Bedrooms	—
All	$800

As of May 2026, the average rent for a 1 bedroom apartment in Frankfort, KY is $800 per month, followed by $925 for a 2 bedroom apartment, and $1,275 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,151
3 Bedrooms	$1,800
4 Bedrooms	$2,500
All	$1,644

As of May 2026, the average rent for a 2 bedroom house in Frankfort, KY is $1,151 per month, followed by $1,800 for a 3 bedroom house, and $2,500 for a 4 bedroom house.