Updated 5+ Days Ago
Highlights
- Quiet neighborhood
- Spacious living areas
- On site parking
Location
201 W Palmer St, Frankfort, IN 46041, USA
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Property Overview
201 West Palmer Street earns a strong overall rating, with especially high marks for price, amenities, and location, suggesting solid value and everyday convenience. Its quiet neighborhood, spacious living areas, and on-site parking add to its appeal, while the nearby top-rated elementary school and 13 photos offer helpful added context for renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Eco-friendly trash disposal
- Images Available
Floor plans
| 201 West Palmer Street - 8 | 2 bed | 1 bath | $1,099 /mo | Located at 201 W Palmer St, this apartment places you near the heart of Frankfort, with convenient access to downtown shops, restaurants, local services, and community amenities. Frankfort has a strong local business base, with everything from small businesses around the Courthouse square to larger employers and industrial operations in the Frankfort Industrial Park. The location is especially convenient for those working in or around Frankfort's major industries. Clinton County's employer base includes names such as Frito-Lay, Zachary Confections, NHK Seating, ADM, Conagra Brands, and other manufacturing, food production, logistics, and industrial employers. The Frankfort Industrial Park continues to be a major employment hub, with the Clinton County Chamber noting that approximately 25 industries call Frankfort home. | |||
| 201 West Palmer Street - 6 | 2 bed | 1 bath | 950 sqft | $1,099 /mo | Featuring updated flooring, cabinets, appliances, carpet, bathroom vanities, tubs, and fixtures for a fresh, comfortable place to call home. Very large, 950sq/ft, 2 Bed 1 Bath second floor apartment Quite and safe area, 0.5mi walk to downtown. On site parking Grassy areas in front and back for children to play This is a non-smoking unit. Text/Call Kate (765) 650-5672 for information and application. | ||
| 201 West Palmer Street - 5 | 2 bed | 1 bath | 850 sqft | $1,099 /mo | Large recently renovated 2 bedroom, 1 bath apartment on 2nd floor. Spacious living areas, quiet neighborhood. Parking on site. Spacious grassy outdoor areas for relaxing and enjoying the property |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time.
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Questions about this property’s policies and fees?
Building details
Property details
| Units | 3 |
|---|
About 201 West Palmer Street
Located at 201 W Palmer St, this apartment places you near the heart of Frankfort, with convenient access to downtown shops, restaurants, local services, and community amenities. Frankfort has a strong local business base, with everything from small businesses around the Courthouse square to larger employers and industrial operations in the Frankfort Industrial Park. The location is especially convenient for those working in or around Frankfort's major industries. Clinton County's employer base includes names such as Frito-Lay, Zachary Confections, NHK Seating, ADM, Conagra Brands, and other manufacturing, food production, logistics, and industrial employers. The Frankfort Industrial Park continues to be a major employment hub, with the Clinton County Chamber noting that approximately 25 industries call Frankfort home.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, 201 West Palmer Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 201 West Palmer Street has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
201 West Palmer Street offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
201 West Palmer Street goes above and beyond to provide sought-after conveniences and desirable perks, including building or unit level amenities. Renters looking for popular or luxurious features will find them here—and for that reason, 201 West Palmer Street receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
201 West Palmer Street is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 201 West Palmer Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 201 West Palmer Street compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.8 miles away
- Eco-friendly trash disposal
- This property has recycling pickup
- Images Available
- There are at least 10 photos of this property
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1.5 miles away
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Rent trends in Frankfort
If you decide to upgrade your space, you can expect 2-bedrooms at 201 West Palmer Street to be on par with the average for similarly sized apartments in Frankfort.
Median rents as of Oct 17 2026.
Frankfort
| Month | Median Rent |
|---|---|
| November 2024 | $750 |
| December 2024 | $875 |
| January 2025 | $900 |
| February 2025 | $721 |
| March 2025 | $707 |
| April 2025 | $765 |
| May 2025 | $777 |
| June 2025 | $730 |
| July 2025 | $746 |
| August 2025 | $669 |
| September 2025 | $685 |
| October 2025 | $732 |
| November 2025 | $787 |
| December 2025 | $757 |
| January 2026 | $767 |
| February 2026 | $841 |
| March 2026 | $822 |
| April 2026 | $744 |
| May 2026 | $790 |
| June 2026 | $831 |
| July 2026 | $787 |
| August 2026 | $790 |
| September 2026 | $762 |
| October 2026 | $800 |
Affordability calculator
Can I afford to live at 201 W Palmer St?
Bedrooms
2 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
$43,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $43,960 annually to afford this 2-bedrooms median monthly rent price of $1,099.
For more information on rent affordability, visit our rent calculator.
Schools near 201 West Palmer Street
Suncrest Elementary School
1608 w kyger st
frankfort, IN, 46041
PK, K-5Public
C
Getting around Frankfort near 201 W Palmer St
Walking
4/10
Some shops and stores are within a few minutes.
Driving
10/10
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.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 201 W Palmer St, Frankfort
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
4/10
Variety of shops within a short drive
Cafes
2/10
Some cafés within a short drive
Restaurants
5/10
Variety of restaurants within a short drive
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Nightlife
2/10
Few or no bars within a short drive
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