Zumper
modified
3 Days Ago

Location

308 S Main St, Frankfort, IN 46041, USA
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Contact

Management

Arrow Property Solutions

Leasing office

(765) 362-1050

Property Overview

308 S Main offers a notable large two-bedroom layout, making it a spacious option. It ranks in the 75th percentile for value per square foot in the area, indicating strong market positioning. This property presents various advantages for potential renters seeking a well-valued living space in the neighborhood.

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

8.0
Very Good
With a solid 8 out of 10 overall, 308 S Main is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 308 S Main 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

  • More space

Floor plans

1BR/1.0BA1 bed1 bath713 sqft$925 /mo1 unit available

Let's explore this property.

Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units5
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About 308 S Main

Home 308 S Main

308 S Main cost $925 per month. Located at 308 S Main St, Frankfort, IN 46041, USA, 308 S Main has 1 bedroom units available. Based on the average rent price of 1 bedroom in Frankfort, renting an apartment at 308 S Main is 16% more expensive per month.Other apartment buildings in or around Frankfort include but are not limited to: 857 E Walnut St, 458 W Clinton St, 356 N Main St


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.
8.0
/10
Very Good
With a solid 8 out of 10 overall, 308 S Main is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 308 S Main 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 308 S Main
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.
308 S Main 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, 308 S Main 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.
308 S Main 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 308 S Main does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
308 S Main provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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 308 S Main compares to other nearby properties.

Positives

More space
The 1-bedroom is 166 sqft larger than other listings nearby

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away

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Rent trends in Frankfort

1-bedroom apartments at 308 S Main cost about 16% more than the average rent price for 1-bedroom apartments in Frankfort.

Median rents as of Jan 31 2026.
Frankfort
A table of 1-bedroom apartment rental data trends in Frankfort
MonthMedian Rent
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
November 2025$787
December 2025$757
January 2026$767

Affordability calculator

Can I afford to live at 308 S Main St?

Bedrooms

1 bedroom

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

$37,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $37,000 annually to afford this 1-bedroom monthly rent price of $925.
For more information on rent affordability, visit our rent calculator.

Schools near 308 S Main

Green Meadows Intermediate Elementary School

1900 s jackson st

frankfort, IN, 46041

3-5Public
C+

Blue Ridge Primary Elementary School

1910 s jackson st

frankfort, IN, 46041

PK, K-2Public
B-
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Internet available near 308 S Main

Getting around Frankfort near 308 S Main St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

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

Points of interest for 308 S Main St, Frankfort

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

4/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

2/10
No elementary schools within a 30-minute walk

High schools

2/10
No high schools within a 30-minute walk

Nightlife

3/10
Few or no bars within walking distance

Explore the area around 308 S Main St

Azteca Grocery Store
256 W Armstrong St
Schulz Market
656 W Walnut St
Tienda Michocan
450 N Jackson St
Ruler Foods
1451 E Wabash St
Ahorra Mas Grocery Store
1201 W Barner St

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