Cheap Apartments for Rent in Frankfort, IN

18 rentals

Apartments For Rent Near Frankfort, IN

We found 22 more apartments matching your filters just outside Frankfort

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 Sep 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
Oct 2025$1,000
Nov 2025$905
Dec 2025$917
Jan 2026$850
Feb 2026$862
Mar 2026$829
Apr 2026$900
May 2026$989
Jun 2026$950
Jul 2026$845
Aug 2026$895
Sep 2026$1,099
View as a graph

Average Rent By Bedroom and Home Type

In September 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$750$1,099$1,200$2,500$1,099
Apartments and Condos—$1,099——$1,099
Houses—$1,249—$2,500$1,249
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 53% 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 $750 per month. That is about $0 more than the cost of a studio apartment.
  • How many available rental listings are in Frankfort, IN?
    There are 18 available rental listings 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.
View this page in Spanish: Apartamentos baratos en renta en Frankfort, IN - 52 Rentas | Trulia