Zumper
modified
4 Days Ago

Highlights

  • On site parking
  • Close to downtown

Location

201 W Palmer St, Frankfort, IN 46041, USA
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Contact

Management

Grant Wealth Management

Leasing office

(844) 423-7807 ext. 1816

Property Overview

201 West Palmer Street showcases impressive ratings across multiple factors, achieving an overall rating of 8.1 out of 10, highlighting its appeal to renters. Its competitive pricing, with a price rating of 9 out of 10, balances value with its excellent amenities, rated at 8 out of 10, and an exceptional location rated at 9 out of 10, providing easy access to downtown and popular points of interest. Additionally, a trustworthiness rating of 8 out of 10 reflects the property’s transparent management and reliable description.

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.

Zumper Expert Rating

8.1
Very Good
With a solid 8.1 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.

Things you’ll love

  • Elementary school nearby

Floor plans

201 West Palmer Street - 42 bed1 bath950 sqft$1,045 /mo2 Bed 1 Bath Remodeled ground floor corner apartment Very large unit, 950sq/ft Quite area, close to downtown. On site parking Grassy areas in front and back for children to play This is a non-smoking unit. Cats are allowed Text 765-543-8126 for information and application. Available 10/28/2025

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Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

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Base Rent

Monthly rent payment

$1,045

Questions about this property’s policies and fees?

Building details

Property details

Units1
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About 201 West Palmer Street

Home 201 West Palmer Street

2 Bed 1 Bath Remodeled ground floor corner apartment Very large unit, 950sq/ft Quite area, close to downtown. On site parking Grassy areas in front and back for children to play This is a non-smoking unit. Cats are allowed Text 765-543-8126 for information and application. Available 10/28/2025


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.
8.1
/10
Very Good
With a solid 8.1 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.
How we rated 201 West Palmer Street
Price·9A 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 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A 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.
With multiple in-demand amenities, 201 West Palmer Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
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 1 mile away

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Rent trends in Frankfort

2-bedroom apartments at 201 West Palmer Street cost about 0% less than the average rent price for 2-bedroom apartments in Frankfort.

Median rents as of Oct 25 2025.
Frankfort
A table of 1-bedroom apartment rental data trends in Frankfort
MonthMedian Rent
November 2023$658
December 2023$678
January 2024$663
February 2024$644
March 2024$640
April 2024$625
May 2024$662
June 2024$657
July 2024$792
August 2024$662
September 2024$691
October 2024$737
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

Affordability calculator

Can I afford to live at 201 W Palmer St?

Bedrooms

2 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

$41,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $41,800 annually to afford this 2-bedrooms monthly rent price of $1,045.
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
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Internet available near 201 West Palmer Street

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.

Points of interest for 201 W Palmer St, Frankfort

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

4/10
Few or no cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 20-minute walk

High schools

8/10
At least one high school within a 20-minute walk

Nightlife

2/10
Few or no bars within walking distance

Explore the area around 201 W Palmer St

Tienda Michocan
450 N Jackson St
Ahorra Mas Grocery Store
1201 W Barner St
Schulz Market
656 W Walnut St
Azteca Grocery Store
256 W Armstrong St
Los Tres Hermanos Supermarket
1413 E Wabash St

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