What's the average rent in Frankfort, KY?

Rental Market Trends in Frankfort, KY

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Frankfort, KY is $1,018 per month, which is 47% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,018

-3.1%-$32 decrease month-over-month

-6.2%-$67 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$931

HOUSES

$1,600

TOWNHOUSES

$1,395

As of November 2026, apartments are the most affordable rental option in Frankfort, KY at $931 per month, while houses are the most expensive at $1,600 per month. Townhomes average $1,395 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$825
2 Bedrooms	$1,025
3 Bedrooms	$1,600
4 Bedrooms	$2,500
All	$1,018

As of November 2026, the average rent for a 1 bedroom rental in Frankfort, KY is $825 per month, followed by $1,025 for a 2 bedroom rental, $1,600 for a 3 bedroom rental, and $2,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,100
3 Bedrooms	$2,100
4 Bedrooms	—
All	$1,395

As of November 2026, the average rent for a 2 bedroom townhome in Frankfort, KY is $1,100 per month, followed by $2,100 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$775
2 Bedrooms	$985
3 Bedrooms	$1,375
4 Bedrooms	$2,500
All	$975

As of November 2026, the average rent for a 1 bedroom apartment in Frankfort, KY is $775 per month, followed by $985 for a 2 bedroom apartment, $1,375 for a 3 bedroom apartment, and $2,500 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$1,300
3 Bedrooms	$1,760
4 Bedrooms	$1,907
All	$1,600

As of November 2026, the average rent for a 1 bedroom house in Frankfort, KY is $900 per month, followed by $1,300 for a 2 bedroom house, $1,760 for a 3 bedroom house, and $1,907 for a 4 bedroom house.