What is the average rent of an apartment in Frankfort, IN?

The average rent of an apartment in Frankfort, IN is $1,058 per month. This is about 46% lower than the national average.

When is the average rent for an apartment cheapest in Frankfort, IN?

In the last year, the average rent in Frankfort, IN was lowest in Jun 2025 when it was $724 per month.

In the last year, the average rent in Frankfort, IN was highest in Dec 2025 when it was $942 per month.

The average rent of a 1 bedroom apartment in Frankfort, IN is $825 per month. That is about $173 less than the cost of a studio apartment.

There are 13 available apartments or condos to rent in Frankfort, IN.

Some neighborhoods in Frankfort, IN include: Hillisburg , Antioch .

Frankfort, IN includes zip codes such as: 46041 , 46058 , 46920 , 46057 , 46039 .

Some nearby cities include: Michigantown , Forest , Mulberry , Kirklin , Rossville . These cities may have more rental options to explore.

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INCOME RESTRICTED
$834 - $1,200/mo
1-3 Beds
1-2 Baths
Paragon Pointe | 701 Stone Ridge Dr,
Frankfort, IN 46041
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NEW - 7 HRS AGO
PET FRIENDLY
$1,200/mo
3 Beds
2 Baths
112 Autumn Ct #108,
Frankfort, IN 46041
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PET FRIENDLY
$750 - $975/mo
Studio-2 Beds
1 Bath
Turtle Creek Frankfort | 700 Saint Marys Ave,
Frankfort, IN 46041
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NEW - 3 HRS AGO
$1,099/mo
1 Bed
1 Bath
703 W Clinton St #2,
Frankfort, IN 46041
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NEW - 1 DAY AGO
$1,250/mo
3 Beds
2 Baths
356-360 N Main St #8,
Frankfort, IN 46041
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$1,000/mo
1 Bed
1 Bath
453 E Walnut St #1,
Frankfort, IN 46041
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$625/mo
1 Bed
1 Bath
551 W Washington St #5,
Frankfort, IN 46041
$1,100/mo
Studio
1400 Walnut Ave #B,
Frankfort, IN 46041
$750/mo
1 Bed
1 Bath
402 S Main St #4,
Frankfort, IN 46041
$795/mo
1 Bed
1 Bath
1053 S Jackson St #7,
Frankfort, IN 46041
$550 - $775/mo
1-2 Beds
1 Bath
452 S. Main St. | 452 S Main St,
Frankfort, IN 46041
$745/mo
Studio
1 Bath
58-60 W Clinton St #B,
Frankfort, IN 46041
$1,100 - $1,400/mo
1-2 Beds
1-2 Baths
Frequency 23 (F23) | 350 N Main St,
Frankfort, IN 46041
PET FRIENDLY
$925/mo
2 Beds
2 Baths
1412 Wilshire Dr #c99563e8e,
Frankfort, IN 46041
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Apartments For Rent Near 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 for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Dec 2025.

View as a graph

In August 2026, Houses were the most affordable home type to rent compared with Apartments and Condos.

	1 bed	2 beds	3 beds	4 beds	All
All home types	$850	$975	$1,200	—	$925
Apartments and Condos	—	—	—	—	$1,500
Houses	—	$1,249	—	—	$1,249

What is the average rent of an apartment in Frankfort, IN?
The average rent of an apartment in Frankfort, IN is $1,058 per month. This is about 46% lower than the national average.
When is the average rent for an apartment cheapest in Frankfort, IN?
In the last year, the average rent in Frankfort, IN was lowest in Jun 2025 when it was $724 per month.
When is the average rent for an apartment most expensive in Frankfort, IN?
In the last year, the average rent in Frankfort, IN was highest in Dec 2025 when it was $942 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 $825 per month. That is about $173 less than the cost of a studio apartment.
How many apartments or condos are available to rent in Frankfort, IN?
There are 13 available apartments or condos to rent in Frankfort, IN.
What are some neighborhoods in Frankfort, IN?
Some neighborhoods in Frankfort, IN include: Hillisburg, Antioch.
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.