Zumper
modified
19 Hours Ago

Highlights

  • Modern amenities
  • Convenient location
  • Newly remodeled apartment
  • Newly renovated one bedroom apartment

Location

556 N Clay St, Frankfort, IN 46041, USA
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Tour 556 N. Clay

Contact

Management

Titan Management Group, LLC (O)

Leasing office

(765) 838-8840

Property Overview

556 N. Clay stands out with a Zumper expert rating of 8 out of 10, reflecting its great appeal for renters. The property features a private entrance, new appliances, and a newly renovated building, offering an impressive array of amenities and a prime location rated 9 out of 10, ensuring convenient access to schools and attractions. Additionally, it achieves an excellent price rating, making it a top-tier option in terms of value for money in the area.

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, 556 N. Clay is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 556 N. Clay has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • High school nearby
  • Middle school nearby

Floor plans

1BR/1.0BA1 bed1 bath540 sqft$650 /mo1 unit availableNewly 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.
2BR/1.0BA2 bed1 bath620 sqft$660 /mo1 unit availableWelcome to the newly remodeled apartment, located in the heart of Frankfort, IN. This stunning apartment boasts one spacious bedroom and laminate flooring. This apartment offers a perfect blend of comfort and style, making it an ideal place to call home. Experience the best of living in Frankfort, IN by combining modern amenities with a convenient location. Give us a call today to schedule a tour at (765)838-8840.

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Amenities for 556 N. Clay

Apartment Amenities

Fresh PaintLaminate Flooring
One Bedroom

Appliances

RefrigeratorStove

Other

Trash & 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

Contact for more information on pet policy.

Building details

Property details

Units11
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About 556 N. Clay

Home 556 N. Clay

Welcome to the newly remodeled apartment, located in the heart of Frankfort, IN. This stunning apartment boasts one spacious bedroom and laminate flooring. This apartment offers a perfect blend of comfort and style, making it an ideal place to call home. Experience the best of living in Frankfort, IN by combining modern amenities with a convenient location. Give us a call today to schedule a tour at (765)838-8840.


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, 556 N. Clay is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 556 N. Clay has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 556 N. Clay
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, 556 N. Clay 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.
556 N. Clay goes above and beyond to provide sought-after conveniences and desirable perks, including fresh paint. Renters looking for popular or luxurious features will find them here—and for that reason, 556 N. Clay 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.
556 N. Clay 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 556 N. Clay 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 556 N. Clay compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
High school nearby
There is a high school 1 mile away
Middle school nearby
There is a middle school 1 mile away

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Frankfort

1-bedroom apartments here are priced 7% lower than 1-bedrooms in Frankfort.

If you decide to upgrade your space, you can expect 2-bedrooms at 556 N. Clay to be 40% less than the average for similarly sized apartments in Frankfort.

Median rents as of Sep 13 2025.
Frankfort
A table of 1-bedroom apartment rental data trends in Frankfort
MonthMedian Rent
September 2023$633
October 2023$628
November 2023$653
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$666

Affordability calculator

Can I afford to live at 556 N Clay St?

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

$26,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $26,000 annually to afford this 1-bedroom monthly rent price of $650.
For more information on rent affordability, visit our rent calculator.

Schools near 556 N. Clay

Suncrest Elementary School

1608 w kyger st

frankfort, IN, 46041

PK, K-5Public
C
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Internet available near 556 N. Clay

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Frankfort near 556 N Clay 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 556 N Clay St, Frankfort

Groceries

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

Shopping

3/10
Some shops within walking distance

Cafes

5/10
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

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

Nightlife

2/10
Few or no bars within walking distance

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