5+ Days Ago
Highlights
- Completely renovated
- New flooring
- Large backyard
Location
242 Cherry Ln #1, Frankfort, KY 40601, USA
Tour 242 Cherry Ln #1
Contact
Commonwealth Property Rentals, LLC.
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Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 242 Cherry Ln #1
Apply at www commonwealthrents com Recently remodeled 3 Bed 1 Bath with new flooring, new paint. new lighting and much more. Huge back yard to grow a garden and the lot backs up to a farm with great views. Single family home, 3 bedroom and 1 bath, large backyard that boarders farm land. Completely renovated.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 242 Cherry Ln #1 compares to other nearby properties.
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 4 miles away
- Greater distance from high schools
- The nearest high school is farther than 4 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 4 miles away
Address details
| Zip code | 40601 |
|---|---|
| Type | House for rent |
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Rent trends in Frankfort
3-bedroom apartments at 242 Cherry Ln #1 cost about 7% more than the average rent price for 3-bedroom apartments in Frankfort.
Median rents as of May 9 2026.
Frankfort
| Month | Median Rent |
|---|---|
| May 2024 | $1,593 |
| June 2024 | $1,574 |
| July 2024 | $1,430 |
| August 2024 | $1,365 |
| September 2024 | $1,345 |
| October 2024 | $1,685 |
| November 2024 | $1,851 |
| December 2024 | $1,769 |
| January 2025 | $1,568 |
| February 2025 | $1,600 |
| March 2025 | $1,540 |
| April 2025 | $1,537 |
| May 2025 | $1,979 |
| June 2025 | $2,296 |
| July 2025 | $2,218 |
| August 2025 | $2,035 |
| September 2025 | $1,983 |
| October 2025 | $1,672 |
| November 2025 | $1,625 |
| December 2025 | $1,668 |
| January 2026 | $1,613 |
| February 2026 | $1,560 |
| March 2026 | $1,625 |
| April 2026 | $1,486 |
| May 2026 | $1,446 |
Affordability calculator
Can I afford to live at 242 Cherry Ln #1?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$64,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 3-bedrooms monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.
Schools near 242 Cherry Ln #1
Bridgeport Elementary School
10 doctors dr
frankfort, KY, 40601
PK, K-5Public
C+
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Internet available near 242 Cherry Ln #1
Neighborhood
Getting around Frankfort near 242 Cherry Ln #1
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for 242 Cherry Ln #1, Frankfort
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
0/10
Few or no shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
0/10
Few or no restaurants within walking distance
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
0/10
Few or no bars within walking distance
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- on-site laundry
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- in-unit laundry
- on-site laundry
- dishwasher
- in-unit laundry
- on-site laundry
- dishwasher
- in-unit laundry
- on-site laundry
- dishwasher
- in-unit laundry
- on-site laundry
- dishwasher
- in-unit laundry
- on-site laundry
- dishwasher
- in-unit laundry
- on-site laundry
- dishwasher
- in-unit laundry
- on-site laundry
- dishwasher
- in-unit laundry
- on-site laundry
- dishwasher
- in-unit laundry
- on-site laundry
- dishwasher
- in-unit laundry
- on-site laundry
- dishwasher
- in-unit laundry
- on-site laundry
- dishwasher
- in-unit laundry
- on-site laundry
- dishwasher
- in-unit laundry
- on-site laundry
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