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Updated 2 Hours Ago

Highlights

  • Pet Friendly

Location

307 Wallace Ave, Frankfort, KY 40601, USA

Tour 307 Wallace Ave

Contact

Top Shelf Property Management LLC

(859) 318-3838

Amenities for 307 Wallace Ave

Building

Cats OKDogs OK
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

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About 307 Wallace Ave

HomeApartments in Frankfort 307 Wallace Ave, Frankfort, KY 40601, USA

Welcome to 307 1/2 Wallace Ave in Frankfort! This charming 2-bedroom, 1.5-bathroom house is now available for rent. With its convenient location and attractive features, this property offers a comfortable and inviting living space. As you step inside, you'll be greeted by the warm ambiance of the hardwood floors that flow throughout the house. The spacious rooms provide ample space for your furniture and personal touches, allowing you to create a cozy and personalized home. Whether you're entertaining guests or enjoying a quiet evening, the large rooms offer versatility and comfort. The kitchen boasts brand new appliances, making meal preparation a breeze. Whip up your favorite recipes with ease and enjoy the convenience of modern appliances at your fingertips. With a size of approximately 1100 square feet, this house offers plenty of room to accommodate your lifestyle needs. The layout is thoughtfully designed to optimize space and functionality. Located in a desirable neighborhood, this property provides easy access to nearby amenities such as shops, restaurants, and parks. Commuting is also convenient with major transportation routes close by. Parking spaces are available for your convenience. Don't miss out on this wonderful opportunity to make 307 1/2 Wallace Ave your new home. Schedule a viewing today and experience all that this property has to offer.


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 307 Wallace Ave, Frankfort, KY 40601, USA compares to other nearby properties.

Positives

Images Available
There are at least 10 photos of this address
Pet friendly
This property allows pets

Address details

Zip code40601
TypeApartment for rent

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Rent trends in Frankfort

3-bedroom apartments at 307 Wallace Ave cost about 31% less than the average rent price for 3-bedroom apartments in Frankfort.

Median rents as of Sep 12 2026.
Frankfort
A table of 3-bedroom apartment rental data trends in Frankfort
MonthMedian Rent
September 2024$1,395
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$1,426
June 2026$1,511
July 2026$1,600
August 2026$1,665
September 2026$1,750

Affordability calculator

Can I afford to live at 307 Wallace Ave?

Bedrooms

3 bedrooms

Rent-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

$48,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 3-bedrooms monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 307 Wallace Ave, Frankfort, KY.
2 years ago$1,1953 bed2 bath
4 years ago$1,0503 bed2 bath
4 years ago$1,0953 bed2 bath

Schools near 307 Wallace Ave

Frankfort Early Learning Academy

506 west second st

frankfort, KY, 40601

PKPublic

Second Street School

506 w 2nd st

frankfort, KY, 40601

K-8Public
B-
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Internet available near 307 Wallace Ave

Getting around Frankfort near 307 Wallace Ave

Walking

4/10
Some shops and stores are within a few minutes.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

4/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 307 Wallace Ave, Frankfort

Groceries

6/10
Variety of groceries within a short drive

Shopping

5/10
Variety of shops within a short drive

Cafes

2/10
Some cafés within a short drive

Restaurants

4/10
Variety of restaurants within a short drive

Primary schools

2/10
At least one elementary school within a 30-minute walk

High schools

4/10
At least one high school within a 30-minute walk

Nightlife

5/10
Variety of bars within a short drive

Other units at this address

307 Wallace Ave Frankfort, KY

Occupied

3 Beds, 2 Baths

3 Beds

2 Baths

$1,050

Listed by Morgan Baker
Days on market: 1565
This newly renovated 3 bedroom, 2 full bath duplex is ready for a new resident! Move in ready with 3 spacious bedrooms, 2 full baths, large living room, and kitchen with refrigerator, dishwasher and range! Unfinished basement with w/d hookup and lots of extra storage. Conveniently located minutes from Downtown Frankfort, schools and parks. Pets negotiable. Resident pays E,W, G. All Frankfort properties require a $50 inspection fee at move in. All Kentucky Life Realty & Property Management residents are enrolled in the Resident Benefits Package (RBP) for $45/month which includes renters insurance, HVAC air filter delivery (for applicable properties), credit building to help boost your credit score with timely rent payments, $1M Identity Protection, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application. RBP Price will be added to final rental amount. .

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