8

Frankfort, IN Homes for Rent

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  • /33

    Starting at $750 Per Month

    • Studio - 2 Beds

    700 Saint Marys Ave, Frankfort, IN 46041

    Turtle Creek Apartments of Frankfort is nestled in a peaceful setting. We offer just the right combination of comfort, convenience and value. Our friendly management team is dedicated to giving you a comfortable apartment home with exceptional service.

    Turtle Creek Frankfort

    (765) 279-1105

    700 Saint Marys Ave, Frankfort, IN 46041
  • /17

    Starting at $1,050 Per Month

    • 2 Beds

    495 Hot Dog St, Frankfort, IN 46041

    Frankfort's best apartments, quiet peaceful setting close to schools and shopping. The best value with comfort and convenience you can find. Give us a call and we can get you in your apartment today. Located in charming Frankfort, Indiana...Close to Shopping...Walking Distance to Schools. A place that allows you your own personal space with a private entrance, and parking. A friendly atmosphere

    Eastgate Townhomes

    (765) 637-0698

    495 Hot Dog St, Frankfort, IN 46041
  • /11

    Starting at $975 Per Month

    • 2 Beds

    112 Autumn Ct, Frankfort, IN 46041

    STERLING COURT APARTMENTS

    (765) 684-4297

    112 Autumn Ct, Frankfort, IN 46041
  • /20

    $1,395 Per Month

    • 3 Beds
    • 1 Bath
    • 900 Sq Ft
    • Adorable 3 Bedroom Home in Frankfort

    1052 John St, Frankfort, IN 46041

    This 3 Bed, 1 bath home is located in Frankfort, Indiana. Resident is responsible for all utilities and lawncare.

    1052 John St, Frankfort, IN 46041
  • /22

    $2,295 Per Month

    • 4 Beds
    • 2 Baths
    • 2,447 Sq Ft
    • Large Frankfort Home!

    904 E Clinton St, Frankfort, IN 46041

    This historic home built in 1919 is newly renovated and remodeled! Featuring a beautiful front living room with an office off the front hall, as well as formal dining room connecting the living room and kitchen, with all new cabinetry and appliances. Also featuring remodeled bathrooms on the main floor and second floor. Enjoy copious amounts of storage with the 1,030 square foot basement, as well

    904 E Clinton St, Frankfort, IN 46041
  • /10

    $975 Per Month

    • 2 Beds
    • 1 Bath
    • 640 Sq Ft
    • 023

    455 E Barner St Unit 1, Frankfort, IN 46041

    455 E Barner St Unit 1, Frankfort, IN 46041
  • /13

    $850 Per Month

    • 3 Beds
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    501 S Main St Unit 2, Frankfort, IN 46041

    501 S Main St Unit 2, Frankfort, IN 46041
  • /8

    $950 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • 2 bed 1 bath home

    754 S 2nd St, Frankfort, IN 46041

    2 bed 1 bath house. New paint, new flooring, updates cabinets/ countertops, and washer/ dryer hookups. Fridge and stove included.

    754 S 2nd St, Frankfort, IN 46041

Why Live in Frankfort

Frankfort, Indiana, a small city of nearly 17,000 residents, is located less than 50 miles northwest of Indianapolis. The city boasts historic architecture, with notable landmarks such as "Old Stoney," a former 1892 sandstone schoolhouse now housing the Clinton County Historical Society and Museum, and the Clinton County Courthouse with its distinctive dome and clock. Downtown Frankfort features murals that depict the city's vibrant history. Known for its manufacturing sector, Frankfort is home to two Frito-Lay plants and the Donaldson Company, providing significant employment opportunities. Housing in Frankfort is affordable, with a median home price around $200,000, featuring a mix of Victorian-era homes, Queen Annes, brick Federal-styles, cottages, and bungalows. The city has a lower crime rate compared to the national average. Frankfort hosts annual events like the Hot Dog Festival and the Hispanic Heritage Festival, celebrating its diverse community. Residents enjoy green spaces such as Circle Park and Dorner Park, as well as TPA Park, which includes a petting zoo and various sports facilities. The local dining scene is rich with Mexican restaurants and markets, alongside other eateries and grocery stores like Walmart and Aldi. State Highway 39 provides connectivity to Indianapolis, and the nearest commercial airport is Indianapolis International Airport, 50 miles away.

Frequently Asked Questions

How much does it cost to rent a home in Frankfort, IN?
The median rent for a home in Frankfort, IN is $962 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and 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 $38,480 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 $962 per month in Frankfort, IN, renters typically need to show $2,886 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 17.7, 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 home?
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 home include Columbian Park, Sunnyside, Valley Center, Bridge Water and Tecumseh South, each with its own character and price range.

Rental Home Trends in Frankfort, IN

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$962
Median Single Family Home Rent
$1,395
Median Townhouse Rent
$850
Median Condo Rent
$913
How to Rent a Home