Zumper
modified
3 Days Ago

Location

453 E Walnut St, Frankfort, IN 46041, USA
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Contact

Management

Arrow Property Solutions

Leasing office

(765) 362-1050

Property Overview

453 E Walnut Street offers strong overall value, ranking in the 80th percentile for price per square foot compared to nearby homes. Residents benefit from access to a top-rated high school just over a mile away, aligning well with Zumper’s expert rating and supporting its appeal for those seeking both quality and convenience.

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, 453 E Walnut Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 453 E Walnut 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

  • High school nearby

Floor plans

1BR/1.0BA1 bed1 bath600 sqft$875 /mo1 unit available

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Policies and fees

Applicants

Applicants

One-time.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units6
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About 453 E Walnut Street

Home 453 E Walnut Street

453 E Walnut Street cost $875 per month. Located at 453 E Walnut St, Frankfort, IN 46041, USA, 453 E Walnut Street has 1 bedroom units available. Based on the average rent price of 1 bedroom in Frankfort, renting an apartment at 453 E Walnut Street is 9% more expensive per month.Other apartment buildings in or around Frankfort include but are not limited to: 1152 N Jackson St, 350 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, 453 E Walnut Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 453 E Walnut 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 453 E Walnut 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.
453 E Walnut 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, 453 E Walnut 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.
453 E Walnut 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 453 E Walnut 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·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.
453 E Walnut Street 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 453 E Walnut Street compares to other nearby properties.

Positives

High school nearby
There is a high school 1 mile away

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Rent trends in Frankfort

1-bedroom apartments at 453 E Walnut Street cost about 9% more than the average rent price for 1-bedroom apartments in Frankfort.

Median rents as of May 30 2026.
Frankfort
A table of 1-bedroom apartment rental data trends in Frankfort
MonthMedian Rent
June 2024$679
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
February 2026$841
March 2026$822
April 2026$744
May 2026$790

Affordability calculator

Can I afford to live at 453 E Walnut 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

$35,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $35,000 annually to afford this 1-bedroom monthly rent price of $875.
For more information on rent affordability, visit our rent calculator.

Schools near 453 E Walnut Street

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 453 E Walnut Street

Getting around Frankfort near 453 E Walnut 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 453 E Walnut St, Frankfort

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

1/10
Closest elementary school further than a 30-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Nightlife

3/10
Some bars within walking distance

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