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Frankfort, KY Condos for Rent

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  • /2

    $925

    Total Monthly Price

    • 2 Beds
    • 1.5 Baths
    • 1,300 Sq Ft
    • Condo for Rent

    613 Ridgeview Dr Unit 613, Frankfort, KY 40601

    2 bedroom 1 1/2 bath with 1300 sq. ft. livable space, wood burning fireplace, washer/dryer hookup, with refrigerator, stove and new dishwasher. The tenant pays for all utilities: electric, water and sewer.

    613 Ridgeview Dr Unit 613, Frankfort, KY 40601
  • /7

    $795

    Total Monthly Price

    • Studio
    • 1 Bath
    • 600 Sq Ft
    • Condo for Rent

    342 Holmes St Unit 4, Frankfort, KY 40601

    NO LAUNDRY FACILITIES OR HOOK UPS ON SITE,newly renovated 1BR apartment, hardwood floors, baseboard heating,through the wall heat pump/AC in bedroom, includes appliances,new kitchen cabinets, includes all utilities, 1st and last month's rent plus deposit, $300 non-refundable pet deposit per animal, per owner approval, this unit is upstairs

    342 Holmes St Unit 4, Frankfort, KY 40601
  • /25

    $1,250 Per Month

    • 3 Beds
    • 2 Baths
    • 1,450 Sq Ft
    • Condo for Rent

    796 Ridgeview Dr, Frankfort, KY 40601

    Discover the perfect blend of city convenience and suburban comfort in this 3 bedroom, 2 bathroom townhome. Located just minutes from the interstate, Downtown Frankfort, and Versailles Road, this home offers a prime location. The first floor features a spacious living room with vaulted ceilings and a cozy corner fireplace.The kitchen is equipped with essential appliances, including a

    796 Ridgeview Dr, Frankfort, KY 40601
  • /17

    $795 Per Month

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

    1517 Steadmantown Ln Unit 4, Frankfort, KY 40601

    This second floor 2-bedroom, 1-bathroom apartment offers convenient downtown Frankfort living with modern updates throughout. The unit features laminate flooring in the main living areas with luxury vinyl plank flooring in the bedrooms. The open living area flows seamlessly into an eat-in kitchen showcasing a range oven and refrigerator. Both spacious bedrooms provide ample natural light and

    1517 Steadmantown Ln Unit 4, Frankfort, KY 40601
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    $750 Per Month

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

    304 Quachita Trail Unit 3, Frankfort, KY 40601

    Experience comfortable urban living in this well-appointed second-floor unit conveniently located near Downtown Frankfort. This thoughtfully designed 2-bedroom, 1-bathroom home features luxury vinyl plank flooring throughout, creating a cohesive and modern aesthetic. The open-concept living area seamlessly flows into a fully equipped eat-in kitchen complete with refrigerator, range oven, and

    304 Quachita Trail Unit 3, Frankfort, KY 40601
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    $750 Per Month

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

    1322 Chinook Trail Unit 7, Frankfort, KY 40601

    Experience the perfect combination of convenience and comfort in this delightful 2-bedroom, 1-bathroom top-floor apartment situated in a highly desirable Frankfort neighborhood. This well-positioned residence offers unparalleled accessibility, placing you just minutes from vibrant downtown Frankfort while providing seamless connectivity to Versailles Road for easy commuting and shopping access.

    1322 Chinook Trail Unit 7, Frankfort, KY 40601

Frequently Asked Questions

How much does it cost to rent a condo in Frankfort, KY?
The median rent for a condo in Frankfort, KY is $850 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Frankfort, KY?
To comfortably afford the median rent in Frankfort, KY, a household needs to earn roughly $42,000 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 $1,050 per month in Frankfort, KY, renters typically need to show $3,150 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, KY?
In Frankfort, KY, the price-to-rent ratio is 20.6, 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, KY are best for renting a condo?
The best neighborhood for renting in Frankfort, KY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Historic South Hill, West Lexington and Stoneybrook-Brigadoon, each with its own character and price range.

Rental Home Trends in Frankfort, KY

Rental Home Trends

Number of Condos for Rent
6
Median Condo Rent
$850
Median 1 Bedroom Condo Rent
$750
Median 2 Bedroom Condo Rent
$900
Median 3 Bedroom Condo Rent
$995
How to Rent a Home