Cheap Apartments for Rent in 40601
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NEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$875 - $1,595/mo
1-3 Beds
1-3 BathsHuntley Ridge East | 3201 Georgetown Rd #G1005,
Frankfort, KY 40601
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INCOME RESTRICTED$1,049 - $1,170/mo2-3 Beds1-2 BathsThe Reserve at Cove Spring | 315 Bypass Plaza Dr #A309,
Frankfort, KY 40601
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Average Rent Trends in 40601
Rent in 40601 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Apr 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| May 2025 | $1,103 |
| Jun 2025 | $950 |
| Jul 2025 | $1,050 |
| Aug 2025 | $1,100 |
| Sep 2025 | $933 |
| Oct 2025 | $975 |
| Nov 2025 | $1,085 |
| Dec 2025 | $1,060 |
| Jan 2026 | $1,017 |
| Feb 2026 | $1,095 |
| Mar 2026 | $1,017 |
| Apr 2026 | $978 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $800 | $1,049 | $1,995 | $2,500 | $972 |
| Townhomes | $825 | $1,050 | $1,995 | — | $1,547 |
| Apartments and Condos | $800 | $900 | $1,275 | — | $825 |
| Houses | — | $1,375 | $2,100 | $2,500 | $1,450 |
Frequently Asked Questions about Rentals in 40601
- What is the average rent in 40601?The average rent in 40601 is $951. Rent prices range from $606 to as much as $5,000, depending on the type of rental.
- How does the rent in 40601 compare to the national average?Average rent in 40601 is about 50% lower than the national average rent of $1,910. That means it is less expensive to rent in 40601 compared to the U.S. average.
- What is the average rent in 40601, by number of bedrooms?The average rent in 40601 is $695 for a studio, $800 for a 1 bedroom, $1,050 for a 2 bedroom, $1,644 for a 3 bedroom, and $2,500 for a 4 bedroom.
- How have rent prices in 40601 changed compared to last year?In the past year, the average rent price in 40601 has decreased by $99. That means the average rent is 10% lower than last year.
- How many available rental listings are in 40601?There are 60 available rental listings in 40601.
- What are some cities near 40601?Some nearby cities include: Frankfort, Bagdad, Midway, Stamping Ground, Monterey, Pleasureville. These cities may have more rental options to explore.