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5+ Days Ago

Highlights

  • Central heat
  • Washer/dryer hookup
  • Large bedrooms
  • Spacious kitchen
  • Super spacious two bedrooms
  • Living room

Location

501 S Main St, Frankfort, IN 46041, USA
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Property Overview

501 South Main St has received a solid Zumper Expert Rating of 7.9, reflecting its appeal as a strong rental option. The property scores impressively in amenities (9/10) and location (9/10), highlighting spacious living areas and proximity to essential services. Additionally, it ranks in the 85.71 percentile for value, ensuring that renters receive excellent price-to-value balance, supported by a trustworthy rating of 7/10.

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

7.9
Very Good
501 South Main St is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Elementary school nearby
  • Less expensive

Floor plans

2BR/1.0BA2 bed1 bath800 sqftSuper spacious 2bd/1bth in Downtown Frankfort. Has washer/dryer hookup, central heat, large bedrooms, living room, and spacious kitchen. Also, has a large backyard for parking and walking your pets.
3BR/1.0BA3 bed1 bath700 sqftHistoric 3 Bedroom Apartment in the heart of Frankfort.

Let's explore this property.

Amenities for 501 South Main St

Apartment Amenities

Central HeatWasher/Dryer Hookups

Appliances

In-Unit LaundryOven
RangeRefrigerator
StoveStove/Oven

Other

Sewer & TrashTrash & Sewage
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
Building details

Property details

Units3
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About 501 South Main St

Home 501 South Main St

Super spacious 2bd/1bth in Downtown Frankfort. Has washer/dryer hookup, central heat, large bedrooms, living room, and spacious kitchen. Also, has a large backyard for parking and walking your pets.


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.
7.9
/10
Very Good
501 South Main St is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated 501 South Main St
Price·8A 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.
Scoring a 8/10, 501 South Main St is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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.
501 South Main St goes above and beyond to provide sought-after conveniences and desirable perks, including sewer & trash. Renters looking for popular or luxurious features will find them here—and for that reason, 501 South Main St 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.
501 South Main St 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 501 South Main St 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.
501 South Main St 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 501 South Main St compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 1 mile away
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby

Considerations

Greater distance from middle schools
The nearest middle school is farther than 2 miles away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Frankfort

Median rents as of Mar 14 2026.
Frankfort
A table of 1-bedroom apartment rental data trends in Frankfort
MonthMedian Rent
March 2024$625
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
February 2026$841
March 2026$838

Schools near 501 South Main St

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 501 South Main St

Getting around Frankfort near 501 S Main 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

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Points of interest for 501 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

3/10
No elementary schools within a 30-minute walk

High schools

1/10
No high schools within a 30-minute walk

Nightlife

3/10
Few or no bars within walking distance

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