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  9. 1 BED
    $808+
    2 BEDS
    $887+
    3 BEDS
    $1,117+

    Country Hills

    565 Schenkel Ln, Frankfort, KY 40601
  11. 1 BED
    $925

    Willowood

    220 Tupelo Trl, Frankfort, KY 40601
  33. 3 BEDS, 2 BATHS
    $1,850

    404 Ewing St

    404 Ewing St, Frankfort, KY 40601

Frankfort at a Glance

Average Rent

$885
(All bedrooms and property types)
Learn more about
Average Rent in Frankfort
5

School Rating

out of 10 Rating
Learn more about
Schools in Frankfort
0

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Frankfort
25

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Frankfort

Frankfort, KY Apartments for Rent

As Kentucky's capital city, Frankfort welcomes renters with its historic downtown and riverside setting. The Kentucky River winds through the heart of the city in a distinctive S-curve, creating a picturesque backdrop for daily life. History enthusiasts will appreciate that Frankfort, established in 1786, preserves its heritage through landmarks like the Kentucky State Capitol building, the Old State Capitol museum, and the Buffalo Trace Distillery, America's longest continuously operating distillery.

Frankfort's rental market offers more affordable options compared to surrounding metropolitan areas, with one-bedroom apartments averaging $822 monthly. The city encompasses several established neighborhoods, including Downtown, South Frankfort, and the East and West sides. The compact layout means most residents enjoy quick commutes, particularly to the state government complex, a major employment center. Outdoor enthusiasts can explore Leslie Morris Park on Fort Hill and Cove Spring Park. Located along Interstate 64 and approximately 30 miles from Lexington, Frankfort combines small-town living with easy access to metropolitan amenities.

Renting in Frankfort

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Frankfort

(For 1 bedroom apartments)
  • Neighborhoods Average Sq Ft Average Rent
  • Blanton Acres 625 Sq Ft $697/mo

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Getting Around Frankfort

Transportation

38

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
25

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
0

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Public University
Private University
Public University
GreatSchools Rating
Western Hills High School

Public High School

Public
Grades 9-12
817 Students
GreatSchools Rating
Frankfort High School

Public High School

Public
Grades 9-12
322 Students
GreatSchools Rating
Franklin County High School

Public High School

Public
Grades 9-12
960 Students
GreatSchools Rating
Bondurant Middle School

Public Middle School

Public
Grades 6-8
643 Students
GreatSchools Rating
Elkhorn Middle School

Public Middle School

Public
Grades 6-8
737 Students
GreatSchools Rating
Hearn Elementary

Public Elementary School

Public
Grades 1-5
379 Students
GreatSchools Rating
Peaks Mill Elementary

Public Elementary School

Public
Grades 1-5
410 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Frankfort

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Frankfort Apartments for Rent in Your Budget

Frequently asked questions about renting in Frankfort, KY

What are the average rent costs in Frankfort, KY?

The average rent in Frankfort, KY is $885.

What are the average rent costs of a studio apartment in Frankfort, KY?

The average rent for a studio apartment in Frankfort, KY is $812.

What are the average rent costs of a one bedroom apartment in Frankfort, KY?

The average rent for a 1 bedroom apartment in Frankfort, KY is $885.

What are the average rent costs of a two bedroom apartment in Frankfort, KY?

The average rent for a 2 bedroom apartment in Frankfort, KY is $1,170.

What are the average rent costs of a three bedroom apartment in Frankfort, KY?

The average rent for a 3 bedroom apartment in Frankfort, KY is $1,161.

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