Last updated on July 7, 2026

Average rent in
Frankfort, KY

Median rent

Median rent in Frankfort

$957/mo

decreased by36%

vs previous year

The average rent in Frankfort is $957 per month as of July 2026. This is 51% below the national average rent, or $992 less per month.

$1.22

average price per square foot

Total rentals

Available rentals in Frankfort

45

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Frankfort rentals at each price point

65%49%33%16%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Frankfort, KY

Average rent prices in Frankfort have increased by 3% over the last month and have decreased by 36% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Frankfort, KY

Rent prices in Frankfort vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Frankfort is $897, whereas a house costs $1,350. 1-bedroom apartments in Frankfort run $750 on average, while 2-bedroom apartments are $927.

Listings

Studio

$1,075

No Change

9%

1 bedroom

$750

1%

20%

2 bedroom

$965

4%

22%

3 bedroom

$1,600

5%

23%

4 bedroom

$2,495

1%

-

Studio

Average rent

$1,075

Last year

9%

1 bedroom

Average rent

$750

Last 30 days

1%

Last year

20%

2 bedroom

Average rent

$965

Last 30 days

4%

Last year

22%

3 bedroom

Average rent

$1,600

Last 30 days

5%

Last year

23%

4 bedroom

Average rent

$2,495

Last 30 days

1%

The table above reflects average rent prices in Frankfort, KY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Frankfort, KY compare to other cities?

Compare median rent prices in Frankfort and Crestwood by all bedroom counts and property types.

Frankfort

Median rent price$957
decreased by51%

lower than the national median

Median rent price$1,759
decreased by10%

lower than the national median

Takeaway

The median rent for all rentals in Frankfort, KY is 46% lower than the median rent in Crestwood, KY.

Discover rentals in Frankfort, KY

1521 Steadmantown Ln #2 - Photo 1 of 1

5d+ ago

Apartment for rent in Frankfort

1521 Steadmantown Lane

1521 Steadmantown Ln #2, Frankfort, KY 40601

2 beds

1 bath

$795

Apartment for rent

106 Quachita Trl #2 - Photo 1 of 1

5d+ ago

Apartment for rent in Frankfort

APARTMENT - Frankfort, KY

106 Quachita Trl #2, Frankfort, KY 40601

2 beds

1 bath

$850

Apartment for rent

345 Bypass Plaza Dr - Photo 1 of 1

5d+ ago

House for rent in Frankfort

House for rent

3895 Evergreen Rd #23 - Photo 1 of 1

4d ago

Apartment for rent in Frankfort

3895 Evergreen Townhomes - 23

3895 Evergreen Rd #23, Frankfort, KY 40601

2 beds

1 bath

$895

Apartment for rent

Available Aug 15

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Frankfort, KY

Quick answers to common questions about the Frankfort rental market.

How much is rent in Frankfort?

The average rent in Frankfort is $957 per month as of July 4, 2026.

Is rent up or down in Frankfort?

Average rent prices in Frankfort have increased by 3% over the last month and have decreased by 36% since last year.

How does Frankfort rent compare to the national average?

Rent in Frankfort is 51% below the national average, which means renters are paying approximately $992 less per month.

What salary do I need to afford rent in Frankfort?

To comfortably afford rent in Frankfort, you'd need to earn approximately $38,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Frankfort?

Frankfort's 2025 rental market shows one-bedroom apartments averaging around $850 per month, while two-bedroom units rent for around $1,200 monthly. Two-bedroom apartments make up the majority of available inventory at 56% of listings, followed by one-bedroom units at 25%.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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