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Frankfort, IN Condos for Rent

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  • 559 W Washington St Unit 5, Frankfort, IN 46041
    559 W Washington St Unit 5, Frankfort, IN 46041
    559 W Washington St Unit 5, Frankfort, IN 46041
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    $750 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    559 W Washington St Unit 5, Frankfort, IN 46041

    Property Id: 2115436 Looking for a cozy and convenient place to call home? This 1-bedroom 2nd story apartment is the perfect fit! Located in Frankfort, right in the heart of Central Indiana, you’ll enjoy easy access to Lafayette, Lebanon, and Indianapolis. Features include: 1 comfortable bedroom Kitchen with refrigerator and stove included Utilities included for

    559 W Washington St Unit 5, Frankfort, IN 46041
  • 703 W Clinton St Unit 2, Frankfort, IN 46041
    703 W Clinton St Unit 2, Frankfort, IN 46041
    703 W Clinton St Unit 2, Frankfort, IN 46041
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    $1,099 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    703 W Clinton St Unit 2, Frankfort, IN 46041

    Welcome to 703 W. Clinton St. Unit 2! This unit is an updated 1 bedroom, 1 bathroom apartment in Frankfort! This clean and comfortable unit features fresh flooring, spacious living area, and an updated kitchen. Call or Text Kate the Property Manager at for any questions or to schedule a tour!

    703 W Clinton St Unit 2, Frankfort, IN 46041
  • 651 E Wabash St Unit 1, Frankfort, IN 46041
    651 E Wabash St Unit 1, Frankfort, IN 46041
    651 E Wabash St Unit 1, Frankfort, IN 46041
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    $670 Per Month

    • 1 Bed
    • 1 Bath
    • 635 Sq Ft
    • Condo for Rent

    651 E Wabash St Unit 1, Frankfort, IN 46041

    Newly Renovated 1 bed 1 bath apartment. Centrally located. Brand new stainless appliances.

    651 E Wabash St Unit 1, Frankfort, IN 46041
  • 360 E Walnut St Unit 3, Frankfort, IN 46041
    360 E Walnut St Unit 3, Frankfort, IN 46041
    360 E Walnut St Unit 3, Frankfort, IN 46041
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    $850 Per Month

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft
    • Condo for Rent

    360 E Walnut St Unit 3, Frankfort, IN 46041

    New Remodeled Downtown Spacious 2bd/1bth Apartment with Central Heating and Cooling and high ceilings. Stainless Appliances and Washer/Dryer Hookup. Larger parking in the rear and side of the property. Has a private entrance to the apartment which is on the upper part of the property.

    360 E Walnut St Unit 3, Frankfort, IN 46041
  • 703 W Clinton St Unit 1, Frankfort, IN 46041
    703 W Clinton St Unit 1, Frankfort, IN 46041
    703 W Clinton St Unit 1, Frankfort, IN 46041
    /5

    $1,149 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    703 W Clinton St Unit 1, Frankfort, IN 46041

    Welcome to 703 West Clinton Street Apartment 1! A spacious 1 bedroom/1 bathroom unit in Frankfort, Indiana. This unit features updated flooring, plenty of natural light, a roomy kitchen, and comfortable living space! Call or Text Kate the Property Manager at for any questions or to schedule a tour!

    703 W Clinton St Unit 1, Frankfort, IN 46041
Indiana Clinton County

Condos for Rent in Frankfort, IN

Frequently Asked Questions

How much does it cost to rent a condo in Frankfort, IN?
The median rent for a condo in Frankfort, IN is $800 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Frankfort, IN?
To comfortably afford the median rent in Frankfort, IN, a household needs to earn roughly $34,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $850 per month in Frankfort, IN, renters typically need to show $2,550 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Frankfort, IN?
In Frankfort, IN, the price-to-rent ratio is 19.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Frankfort, IN are best for renting a condo?
The best neighborhood for renting in Frankfort, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Valley Center, Perrin and Lincoln, each with its own character and price range.

Condo Rental Trends in Frankfort, IN

There are currently 5 condos available for rent in Frankfort, IN. The median rent is $800 per month, with 1-bedroom condos renting at $710 and 2-bedroom condos at $1,000.

Rental Home Trends

Number of Condos for Rent
5
Median Condo Rent
$800
Median 1 Bedroom Condo Rent
$710
Median 2 Bedroom Condo Rent
$1,000
How to Rent a Home

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