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556 N. Clay offers strong overall quality with an expert rating of 8.5/10, highlighted by excellent value for money with a 10/10 price score and premier amenities and location both rated 9/10. Central heating and cooling enhance everyday comfort, and the property provides convenient access to highly rated middle and high schools just over a mile away. A solid 7/10 trustworthiness rating reflects a clear, detailed listing that helps renters understand what to expect.
Things you’ll love
| 1BR/1.0BA | 1 bed | 1 bath | 510 sqft | $675 /mo | 1 unit available | Newly renovated one bedroom apartment available now! Located near downtown Frankfort, this unit is in walking distance of Frankfort's best shops and restaurants and is a short drive away from the interstate. Tenant is responsible for paying Gas and Electric but in Landlord names so no deposit. Budget bill of $85/mth |
Let's explore this property.
One-time.
| Units | 11 |
|---|
Newly renovated one bedroom apartment available now! Located near downtown Frankfort, this unit is in walking distance of Frankfort's best shops and restaurants and is a short drive away from the interstate. Tenant is responsible for paying Gas and Electric but in Landlord names so no deposit. Budget bill of $85/mth
How 556 N. Clay compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 556 N. Clay cost about 13% less than the average rent price for 1-bedroom apartments in Frankfort.
| Month | Median Rent |
|---|---|
| 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 | $822 |
| April 2026 | $744 |
Can I afford to live at 556 N Clay St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$27,000/yr
1608 w kyger st
frankfort, IN, 46041