Apartments For Rent in Frankfort, IN

19 rentals

Apartments For Rent Near Frankfort, IN

We found 22 more apartments matching your filters just outside Frankfort

What Locals Say about Frankfort

  • Crochet Maven
    "Beautiful small farming town. Generations of families still here together gives this community a sense of pride and closeness not found in larger cities."
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  • Kenny J.
    "I dont think they wouldnt like living in this neighborhood. Its quiet and people are somewhat friendly"
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  • Poodalicious
    "Not many dog owners walk their dogs because of the abundance of feral cats throughout all of Frankfort. Most neighborhoods have nice sidewalks that would support a safe way to walk their dogs."
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  • Heather A.
    "It’s a very quiet and nice neighborhood and all other pet owners have their dogs inside the only problem would be the barking of other dogs. "
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  • Heather A.
    "They would like that all the other dogs are fenced in and maintained in their yards, however the barking excites other dogs. "
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  • Jtlsbejmm47
    "You always see people or walking around with their dogs when it is warmer. There are several different sizes of dogs in our neighborhood, but many dog. Even though there are many dogs they aren't barking constantly. This is a peaceful neighborhood. With low crime. "
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  • Sweettear23
    "It’s not bad. It’s quiet but sometimes there’s noise everywhere. It’s a small town so everyone knows each other. Definitely need more stuff for kids around here though"
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  • Disappointingrobot
    "people help each other. i was struggling to put on a spare tire in the parking lot of my building. a couple of guys i didn’t know saw me struggling and did it for me. we couldn’t really understand each other—they didn’t speak much english, i speak no spanish—but they still went out of their way to help me out. "
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  • Wendy
    "I stay for my kids cause the school is good. That is about the only reason I stay around here...................... "
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  • craigunroe
    "Large historic homes nestled arround mature trees. Many homes are setting on the edge of a large creek over looking a park beside a multi. acre woods. Very beautiful area....."
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Average Rent Trends in Frankfort, IN

Rent in Frankfort, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Jun 2025$775
Jul 2025$950
Aug 2025$1,059
Sep 2025$800
Oct 2025$1,000
Nov 2025$905
Dec 2025$917
Jan 2026$850
Feb 2026$863
Mar 2026$825
Apr 2026$900
May 2026$989
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Houses were the most affordable home type to rent compared with Apartments and Condos and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$850$1,085$1,200—$950
Townhomes—$1,300——$1,300
Apartments and Condos$800$1,060——$1,093
Houses$850$950$1,500—$950
See more information about local market trends in Frankfort, IN

Frequently Asked Questions about Rentals in Frankfort, IN

  • What is the average rent of an apartment in Frankfort, IN?
    The average rent of an apartment in Frankfort, IN is $925 per month. This is about 52% lower than the national average.
  • What is the average rent of a house in Frankfort, IN?
    The average rent of a house in Frankfort, IN is $950 per month. This is about 51% lower than the national average.
  • What is the average rent of a townhome in Frankfort, IN?
    The average rent of a townhome in Frankfort, IN is $1,300 per month. This is about 33% lower than the national average.
  • When is the average rent cheapest in Frankfort, IN?
    In the last year, the average rent in Frankfort, IN was lowest in Apr 2025 when it was $715 per month.
  • When is the average rent most expensive in Frankfort, IN?
    In the last year, the average rent in Frankfort, IN was highest in Aug 2025 when it was $1,059 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Frankfort, IN?
    The average rent of a 1 bedroom apartment in Frankfort, IN is $850 per month. That is about $100 more than the cost of a studio apartment.
  • How many available rental listings are in Frankfort, IN?
    There are 17 available rental listings in Frankfort, IN.
  • What are some neighborhoods in Frankfort, IN?
    Some neighborhoods in Frankfort, IN include: Hillisburg.
  • What are some zip codes in Frankfort, IN?
    Frankfort, IN includes zip codes such as: 46041, 46058, 46920, 46057, 46039.
  • What are some cities near Frankfort, IN?
    Some nearby cities include: Michigantown, Forest, Mulberry, Kirklin, Rossville. These cities may have more rental options to explore.