6 Hours Ago
Highlights
- Golf course
- Dog park
- Brand new
- Extensively renovated interiors
- Forested hills
- Flooring
Location
1501 Steadmantown Ln, Frankfort, KY 40601, USA
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Property Overview
FarmStead Apartments offers a highly favorable overall experience, with a Zumper expert rating of 8.4 out of 10, highlighting its strong value proposition. The property features extensive renovations, a desirable location near a top-rated middle school, and an array of amenities including a golf course and a dog park, making it a notable choice. With exceptional ratings for price and location, FarmStead Apartments stands out for those seeking a vibrant and comfortable living environment.
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.
Things you’ll love
Middle school nearby- Images Available
Floor plans
| FarmStead Apartments - 1 | 2 bed | 1 bath | $1,000 /mo | 1 unit available | Come be a part of FarmStead, a community being revitalized by Brokenfork! With stunning views of farmland and forested hills along the Elkhorn creek, the recreation side of Frankfort has so much to offer. The 1500s consists of two 6 unit buildings with parking, extensively renovated interiors and ample natural light. Everything is brand new, including appliances, flooring, lighting, trim and more! YOU will be among the first residents to make this place home. Washer and dryer are included, of course. Lakeview park is a 3 minute walk, featuring dog park, walking trails, skate park, golf course, amphitheater, pavilion, and more. A short drive away will take you to Cove Spring Park, Downtown Frankfort, Buffalo Trace, shopping centers, I-64 and much more. We welcome you to apply today! NON SMOKING $200.00 Admin Fee |
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One-time. Refundable.
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About FarmStead Apartments
Come be a part of FarmStead, a community being revitalized by Brokenfork! With stunning views of farmland and forested hills along the Elkhorn creek, the recreation side of Frankfort has so much to offer. The 1500s consists of two 6 unit buildings with parking, extensively renovated interiors and ample natural light. Everything is brand new, including appliances, flooring, lighting, trim and more! YOU will be among the first residents to make this place home. Washer and dryer are included, of course. Lakeview park is a 3 minute walk, featuring dog park, walking trails, skate park, golf course, amphitheater, pavilion, and more. A short drive away will take you to Cove Spring Park, Downtown Frankfort, Buffalo Trace, shopping centers, I-64 and much more. We welcome you to apply today! NON SMOKING $200.00 Admin Fee
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.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, FarmStead Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, FarmStead Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
FarmStead Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, FarmStead Apartments 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.
FarmStead Apartments 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 FarmStead Apartments 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 FarmStead Apartments compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in Frankfort
2-bedroom apartments at FarmStead Apartments cost about 1% more than the average rent price for 2-bedroom apartments in Frankfort.
Median rents as of Mar 14 2026.
Frankfort
| Month | Median Rent |
|---|---|
| March 2024 | $598 |
| April 2024 | $595 |
| May 2024 | $695 |
| June 2024 | $2,573 |
| July 2024 | $695 |
| August 2024 | $695 |
| September 2024 | $695 |
| October 2024 | $695 |
| November 2024 | $695 |
| December 2024 | $818 |
| January 2025 | $800 |
| February 2025 | $800 |
| March 2025 | $826 |
| April 2025 | $865 |
| May 2025 | $865 |
| June 2025 | $913 |
| July 2025 | $865 |
| August 2025 | $865 |
| January 2026 | $865 |
| February 2026 | $1,476 |
| March 2026 | $865 |
Affordability calculator
Can I afford to live at 1501 Steadmantown Ln?
Bedrooms
2 bedroomsRent-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
$40,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $40,000 annually to afford this 2-bedrooms monthly rent price of $1,000.
For more information on rent affordability, visit our rent calculator.
Schools near FarmStead Apartments
Elkhorn Elementary School
928 e main st
frankfort, KY, 40601
1-5Public
C+
Early Learning Village
200 laralan ave
frankfort, KY, 40601
PK, KPublic
B+
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Internet available near FarmStead Apartments
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Frankfort near 1501 Steadmantown Ln
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Points of interest for 1501 Steadmantown Ln, Frankfort
Groceries
0/10
No grocery stores within walking distance
Shopping
2/10
Few or no shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
3/10
Few or no 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
1/10
Few or no bars within walking distance
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