What's the average rent in Frankfort, KY?

Rental Market Trends in Frankfort, KY

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Frankfort, KY is $953 per month, which is 51% lower than the national average rent of $1,962 per month.

AVERAGE RENT

$953

-2.3%-$22 decrease month-over-month

-4.7%-$47 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$923

HOUSES

$1,695

TOWNHOUSES

$1,200

As of August 2026, apartments are the most affordable rental option in Frankfort, KY at $923 per month, while houses are the most expensive at $1,695 per month. Townhomes average $1,200 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	$953
3 Bedrooms	$1,750
4 Bedrooms	$1,850
All	$953

As of August 2026, the average rent for a 1 bedroom rental in Frankfort, KY is $800 per month, followed by $953 for a 2 bedroom rental, $1,750 for a 3 bedroom rental, and $1,850 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$950
3 Bedrooms	$2,050
4 Bedrooms	—
All	$1,200

As of August 2026, the average rent for a 2 bedroom townhome in Frankfort, KY is $950 per month, followed by $2,050 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$750
2 Bedrooms	$950
3 Bedrooms	$1,800
4 Bedrooms	$1,950
All	$925

As of August 2026, the average rent for a 1 bedroom apartment in Frankfort, KY is $750 per month, followed by $950 for a 2 bedroom apartment, $1,800 for a 3 bedroom apartment, and $1,950 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,650
2 Bedrooms	$950
3 Bedrooms	$1,750
4 Bedrooms	$1,850
All	$1,695

As of August 2026, the average rent for a 1 bedroom house in Frankfort, KY is $1,650 per month, followed by $950 for a 2 bedroom house, $1,750 for a 3 bedroom house, and $1,850 for a 4 bedroom house.