Last updated on August 22, 2026

Average rent in
Frankfort, KY

Median rent

Median rent in Frankfort

$927/mo

decreased by23%

vs previous year

The average rent in Frankfort is $927 per month as of August 2026. This is 52% below the national average rent, or $998 less per month.

$1.16

average price per square foot

Total rentals

Available rentals in Frankfort

36

for rent on Zumper.com as of August 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 3% over the last month and have decreased by 23% 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 $895, whereas a house costs $1,295. 1-bedroom apartments in Frankfort run $790 on average, while 2-bedroom apartments are $940.

Listings

Studio

$950

No Change

37%

1 bedroom

$792

1%

1%

2 bedroom

$950

3%

14%

3 bedroom

$1,795

2%

8%

4 bedroom

$2,750

4%

-

Studio

Average rent

$950

Last year

37%

1 bedroom

Average rent

$792

Last 30 days

1%

Last year

1%

2 bedroom

Average rent

$950

Last 30 days

3%

Last year

14%

3 bedroom

Average rent

$1,795

Last 30 days

2%

Last year

8%

4 bedroom

Average rent

$2,750

Last 30 days

4%

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$927
decreased by52%

lower than the national median

Median rent price$1,877
decreased by2%

lower than the national median

Takeaway

The median rent for all rentals in Frankfort, KY is 51% lower than the median rent in Crestwood, KY.

Discover rentals in Frankfort, KY

3 Dogwood Ln - Photo 1 of 1

2d ago

Townhouse for rent in Frankfort

2 beds

1 bath

$895

$825

Price drop

House for rent

Available Jun 26

220 East Main Street - Photo 1 of 1

3d ago

8.8

Very good

220 East Main Street

220 E Main St, Frankfort, KY 40601

2 beds

1 bath

$895

Apartment for rent

247 Centennial Dr #2C - Photo 1 of 1

5d+ ago

Apartment for rent in Frankfort

2 beds

1.5 baths

$895

Apartment for rent

Available Aug 4

73 Forest Hill Dr - Photo 1 of 1

5d+ ago

Apartment for rent in Frankfort

APARTMENT - Frankfort, KY

73 Forest Hill Dr, Frankfort, KY 40601

2 beds

1 bath

$895

Apartment for rent

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 $927 per month as of August 15, 2026.

Is rent up or down in Frankfort?

Average rent prices in Frankfort have decreased by 3% over the last month and have decreased by 23% since last year.

How does Frankfort rent compare to the national average?

Rent in Frankfort is 52% below the national average, which means renters are paying approximately $998 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 $37,000/year, based on spending no more than 30% of your income on rent.

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

February offers the lowest rental prices in Frankfort, with rents running about 28% lower than August, which sees the highest prices of the year.

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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