Last updated on May 23, 2026

Average rent in
Frankfort, KY

Median rent

Median rent in Frankfort

$950/mo

decreased by27%

vs previous year

The average rent in Frankfort is $950 per month as of May 2026. This is 51% below the national average rent, or $999 less per month.

$1.09

average price per square foot

Total rentals

Available rentals in Frankfort

40

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Frankfort rentals at each price point

75%56%38%19%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 decreased by 5% over the last month and have decreased by 27% 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 $900, whereas a house costs $1,295. 1-bedroom apartments in Frankfort run $800 on average, while 2-bedroom apartments are $935.

Listings

Studio

$950

4%

59%

1 bedroom

$800

5%

3%

2 bedroom

$975

3%

19%

3 bedroom

$1,795

2%

1%

4 bedroom

$2,525

No Change

-

Studio

Average rent

$950

Last 30 days

4%

Last year

59%

1 bedroom

Average rent

$800

Last 30 days

5%

Last year

3%

2 bedroom

Average rent

$975

Last 30 days

3%

Last year

19%

3 bedroom

Average rent

$1,795

Last 30 days

2%

Last year

1%

4 bedroom

Average rent

$2,525

Last 30 days

No Change

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$950
decreased by51%

lower than the national median

Median rent price$1,464
decreased by25%

lower than the national median

Takeaway

The median rent for all rentals in Frankfort, KY is 35% lower than the median rent in Crestwood, KY.

Discover rentals in Frankfort, KY

Prince Hall Village - Photo 1 of 1
Income restricted
3D tour

3d ago

8

Very good

Our team has verified this company

Verified

Prince Hall Village

1100 Prince Hall Village, Frankfort, KY 40601

1–3 beds

1 bath

$350–$1,000

Apartment for rent

Call

759 Holmes Street - 759 BUNIT B #759B - Photo 1 of 1

5d+ ago

Apartment for rent in Frankfort

757-759 Holmes Street - 759 B

759 Holmes Street - 759 BUNIT B #759B, Frankfort, KY 40601

2 beds

1 bath

$725

Apartment for rent

Available May 15

759 Holmes St #B - Photo 1 of 1

5d+ ago

Apartment for rent in Frankfort

757-759 Holmes Street - 759 B

759 Holmes St #B, Frankfort, KY 40601

2 beds

1 bath

$725

Apartment for rent

Available May 15

304 Quachita Trl #3 - Photo 1 of 1

5d+ ago

Condo for rent in Frankfort

2 beds

1 bath

$795

$750

Price drop

Condo for rent

Available May 14

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 $950 per month as of May 16, 2026.

Is rent up or down in Frankfort?

Average rent prices in Frankfort have decreased by 5% over the last month and have decreased by 27% 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 $999 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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