Frankfort, KY Homes for Rent

• 

  

  

  /29

  Starting at $1,219 Per Month

  • 1 - 2 Beds

  8000 John Davis Dr, Frankfort, KY 40601

  Riverford Crossing offers 1- and 2-bedroom apartments and townhomes in Frankfort, KY, served by the Franklin County Public Schools district. Two-bedroom townhomes include first-floor living space with bedrooms upstairs. These pet-friendly apartments welcome up to two pets per home, and dogs are welcome with access to an off-leash dog park. Apartment features include an in-home washer and dryer,

  Riverford Crossing Apartments

  (502) 747-9002

  

  8000 John Davis Dr, Frankfort, KY 40601
• Explore Frankfort

• 

  

  

  /35

  Starting at $695 Per Month

  • 1 - 2 Beds

  1407 Steadmantown Ln, Frankfort, KY 40601

  Welcome to FarmStead Apartments and Townhomes in beautiful Frankfort, KY, now under new management! We're excited to bring fresh energy and extensive renovations to these classic apartments and townhomes, restoring their charm with updated amenities and modern touches. Choose from our spacious one- and two-bedroom floor plans, with pet-friendly options for your furry companions. Select homes

  FarmStead

  (859) 470-3205

  

  1407 Steadmantown Ln, Frankfort, KY 40601
• 

  

  

  /29

  Starting at $845 Per Month

  • Studio

  855 Louisville Rd, Frankfort, KY 40601

  We are excited to announce our Phase II New Luxury Loft Apartments starting at $865 to go along with our Remodeled Apartments starting at $695.Juniper Hills Studio Apartments is conveniently located near the best that the Capitol City has to offer. Whether you enjoy shopping, dining or recreation, you have come to the right place. If you would like to take in a round of golf or hit the

  Juniper Hills Apartments

  (859) 470-3789

  855 Louisville Rd, Frankfort, KY 40601
• 

  

  

  /5

  Call for Price

  • 1 - 3 Beds

  1335 Louisville Rd, Frankfort, KY 40601

  Currently working off of a wait list. Please call today to inquire about our application process.

  Woodside Park Apartments - Income Based

  (502) 747-1135

  

  1335 Louisville Rd, Frankfort, KY 40601
• 

  

  

  /32

  Starting at $875 Per Month

  • 1 - 3 Beds

  3201 Georgetown Rd, Frankfort, KY 40601

  Huntley Ridge East is located at 3201 Georgetown Road Frankfort, KY and is managed by PMR Companies, a reputable property management company with verified listings on RENTCafe. Huntley Ridge East offers 1, 2, and 3 bedroom apartments .Amenities include Air Conditioner, Availability 24 Hours, Fireplace, Laundry Facilities, On-Site Maintenance and more. This rental community is pet friendly,

  Huntley Ridge East at Georgetown Rd

  (859) 470-2049

  

  3201 Georgetown Rd, Frankfort, KY 40601
• 

  

  /40

  $1,995

  Total Monthly Price

  • 3 Beds
  • 1.5 Baths
  • 1,987 Sq Ft
  • House for Rent

  102 Watson Ct, Frankfort, KY 40601

  Rent this georgeous Dutch Colonial with tall ceilings and spacious rooms and make historic downtown Frankfort your back yard! Located off Wapping Street, you can stroll down tree-lined streets depicted in historic Paul Sawyer prints. walking distance to downtown restaurants, coffee Houses, Ice cream parlor, specialty shops, library and the Grand Theater on St Clair St. This house has a

  (502) 385-6823

  102 Watson Ct, Frankfort, KY 40601
• 

  

  /28

  Starting at $875 Per Month

  • 1 - 2 Beds

  108 Hanly Ln, Frankfort, KY 40601

  The office for Huntley Ridge East at Hanley Ln is located at 3201 Georgetown Road Frankfort, KY and is managed by PMR Companies, a reputable property management company with verified listings on RENTCafe. Huntley Ridge East offers 1, 2, and 3 bedroom apartments. Amenities include Air Conditioner, Availability 24 Hours, Fireplace, Laundry Facilities, On-Site Maintenance and more. This rental

  Huntley Ridge East at Hanley Ln.

  (859) 470-2204

  

  108 Hanly Ln, Frankfort, KY 40601
• 

  

  /31

  Starting at $875 Per Month

  • 1 - 2 Beds

  700 Forest Hill Dr, Frankfort, KY 40601

  The office for Huntley Ridge East at Forest Hill is located at 3201 Georgetown Road Frankfort, KY and is managed by PMR Companies, a reputable property management company with verified listings on RENTCafe. Huntley Ridge East offers 1, 2, and 3 bedroom apartments. Amenities include Air Conditioner, Availability 24 Hours, Fireplace, Laundry Facilities, On-Site Maintenance and more. This rental

  Huntley Ridge East at Forest Hill

  (859) 470-3254

  

  700 Forest Hill Dr, Frankfort, KY 40601
• 

  /2

  Starting at $925 Per Month

  • 1 Bed

  901 Crosshill Dr, Frankfort, KY 40601

  (859) 724-6623

  901 Crosshill Dr, Frankfort, KY 40601
• 

  

  /11

  Starting at $832 Per Month

  • 1 - 3 Beds

  565 Schenkel Ln, Frankfort, KY 40601

  Country Hill Apartments offers 1, 2, and 3-bedroom apartments for rent, featuring vinyl plank flooring, a balcony or patio, and new kitchen appliances including a dishwasher, oven, and microwave. Country Hill offers the convenience of onsite parking and laundry facility. Outside, residents can spend their free time at our playground or playing with their pet at our dog park. We are just minutes

  Country Hills

  (859) 470-3923

  

  565 Schenkel Ln, Frankfort, KY 40601
• 

  

  /20

  Starting at $770 Per Month

  • Studio - 2 Beds

  220 Tupelo Trail, Frankfort, KY 40601

  Willowood is located at 220 Tupelo Trail Frankfort, Kentucky in the 40601 zip code. Our single-story, garden-style apartments are located in a park-like setting very close to major shopping centers and highways. Our apartment homes are all electric, cable ready and feature vaulted ceilings, fully furnished kitchens, and attic storage! We are also pet friendly. You will truly feel at home in our

  Willowood

  (888) 409-2158

  

  220 Tupelo Trail, Frankfort, KY 40601
• 

  

  /15

  Starting at $636 Per Month

  • Studio - 2 Beds

  101 Compton Dr, Frankfort, KY 40601

  Located in Frankfort, Riverview Apartments offers exceptional residences with all the amenities you want. Our newly updated studios, 1-bedroom, and 2-bedroom apartment homes feature hardwood floors, standard kitchen appliances, updated countertops, cabinets, and more. Residents appreciate our on-site laundry facilities, on-site management and maintenance teams, courtyard, playground, and

  Riverview Apartments

  (502) 237-5106

  

  101 Compton Dr, Frankfort, KY 40601
• 

  

  /20

  Starting at $870 Per Month

  • Studio - 2 Beds

  720 Ridgeview Dr, Frankfort, KY 40601

  Welcome to Winthrop CourtWinthrop Court is located in Frankfort, KY, just minutes from the state capital, with major employers in the area such as Kentucky State University, University of Kentucky (Lexington), Topy and the Kentucky State Government. We are also located near Lexington Metro Market. We offer many flexible lease terms for our Studio, 1 & 2-bedroom apartments to suit your

  Winthrop Court

  (502) 237-5275

  

  720 Ridgeview Dr, Frankfort, KY 40601
• 

  

  /13

  Starting at $725 Per Month

  • 1 Bed

  401 Murray St, Frankfort, KY 40601

  If you like your coffee bold, this may be your next apartment! BrokenFork is excited to open the doors to the Rick House! Freshly renovated by BrokenFork. Featuring beautiful, concrete stamped flooring and concrete counters, new appliances & sleek LED lighting. You'll appreciate the sleek hues we have in store for you. Laundry Room on site. Come be a part of our growing Rick

  The Rickhouse

  (502) 699-3487

  401 Murray St, Frankfort, KY 40601
• 

  /2

  Starting at $795 Per Month

  • 1 Bed

  216 Briar Cliff St, Frankfort, KY 40601

  (502) 699-3817

  216 Briar Cliff St, Frankfort, KY 40601
• 

  /2

  $895

  Total Monthly Price

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

  307 Ridgewood Ln Unit 4x, Frankfort, KY 40601

  Separate entrance, patio, washer-dryer hookup, stove, refrigerator, gas heat, tenant pays utilities, renters insurance required

  307 Ridgewood Ln Unit 4x, Frankfort, KY 40601
• 

  /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
• 

  

  /28

  $1,050

  Total Monthly Price

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

  218 Holmes St Unit 218 B, Frankfort, KY 40601

  Entrance and alley parking off Wallace Ave. 2 large bedrooms, living room, big family- kitchen, bath with Jacuzzi tub,laundry hookup, big yard. Central AC, gas furnace, gas stove and gas hot water, tenants must get electric and gas in their name. Water and sewer included. Stove and refrigerator included as-is, $300 nonrefundable pet deposit per animal, per pre-approval. First and last month's

  218 Holmes St Unit 218 B, Frankfort, KY 40601
• 

  

  /15

  $985 Per Month

  • 1 Bed
  • 1 Bath
  • 600 Sq Ft
  • Apartment for Rent

  901 Leawood Dr, Frankfort, KY 40601

  Welcome home to Fieldstone Apartment Complex, where comfort and convenience meet in the heart of Frankfort. This well-appointed one bedroom, one bath unit offers a contemporary living experience with thoughtful finishes and amenities to fit your lifestyle. Apartment Features Spacious one bedroom, one bath layout Galley kitchen with ample cabinet and countertop space Modern LVT flooring

  Melissa Marvel Marvel Real Estate

  901 Leawood Dr, Frankfort, KY 40601
• 

  

  /19

  $1,695 Per Month

  • 4 Beds
  • 2 Baths
  • House for Rent

  136 Allnutt Dr, Frankfort, KY 40601

  Spacious 4BR/2BA Home | Convenient Frankfort LocationWelcome to 136 Allnutt Dr., Frankfort, KY 40601—a beautifully maintained 4-bedroom, 2-bathroom home that combines comfort, style, and energy-efficient living. Featuring stunning hardwood flooring throughout the main living areas and bedrooms, modern interior finishes, and a thoughtfully designed layout, this home offers the perfect

  136 Allnutt Dr, Frankfort, KY 40601
• 

  

  /61

  $1,395 Per Month

  • 2 Beds
  • 1.5 Baths
  • 1,465 Sq Ft
  • Townhouse for Rent

  2009 River Ridge Rd Unit 2, Frankfort, KY 40601

  Located in the desirable River Bend community just off US-127, this spacious 2-bedroom, 1.5-bath townhome offers nearly 1,500 square feet of comfortable living space and includes a one-car garage. The main level features LVP flooring throughout, a large living area, dining space, convenient half bath, and an updated kitchen with beautiful new granite countertops. Upstairs, you'll find two

  Tyler Harrod Commonwealth Property Management

  2009 River Ridge Rd Unit 2, 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
• 

  

  /46

  $1,350 Per Month

  • 2 Beds
  • 2 Baths
  • 1,250 Sq Ft
  • Condo for Rent

  6 Hudson Hollow Rd Unit C, Frankfort, KY 40601

  2 Bedroom, 2 Bath premium condo with a convenient location with easy access to US-60, 127 and downtown. 2nd floor unit. Laminate floors throughout the living and dining areas with tile flooring in the kitchen and baths. Bedrooms are carpeted. Water, sewer and trash are included in rent. Tenants pay electricity separate. No pets are allowed. No smoking inside of the unit.

  Tyler Harrod Commonwealth Property Management

  6 Hudson Hollow Rd Unit C, Frankfort, KY 40601
• 

  

  /19

  $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
• 

  

  /33

  $995 Per Month

  • 2 Beds
  • 1 Bath
  • Apartment for Rent

  904 Plaza Dr Unit 11, Frankfort, KY 40601

  2 Bedroom, 1 Bath apartment located in West Frankfort off of US 60. Gas, Water & Sewer are included in the rent!!! Tenants pay electric only. This is an upper level unit that has been recently updated with laminate flooring, new fixtures, kitchen and bath cabinets, lighting, new tub/shower, countertops and more. Tenants pay electric only. A one year lease is required. No pets are allowed. On site

  Tyler Harrod Commonwealth Property Management

  904 Plaza Dr Unit 11, Frankfort, KY 40601
• 

  

  /10

  $1,600 Per Month

  • 3 Beds
  • 2 Baths
  • House for Rent

  212 Pulliam Dr, Frankfort, KY 40601

  Spacious 3-Bedroom, 2-Bath Apartment in Quiet Residential NeighborhoodEnjoy comfortable living in this well-maintained 3-bedroom, 2-bath apartment located in a peaceful residential neighborhood. This home offers ample living space, off-street parking, and a convenient location close to shopping, schools, and local amenities.If you're looking for a clean, comfortable home in a

  212 Pulliam Dr, Frankfort, KY 40601
• 

  

  /9

  $2,100 Per Month

  • 3 Beds
  • 2.5 Baths
  • Townhouse for Rent

  301 Copperfield Way Unit 100, Frankfort, KY 40601

  New Construction Townhomes. Located in the Townes & Lofts of Copperleaf. Conveniently located on the east side of Frankfort off of 421 (Leestown Rd). Three bedroom option: Three bedrooms, two and a half bath. Master bedroom with bath is located on the first floor. Second floor offers two bedrooms, one full bath and a large loft area. Four bedroom option: Townhome offers four bedrooms, two and a

  Kassie Bennett Kassie & Associates

  301 Copperfield Way Unit 100, Frankfort, KY 40601
• 

  /2

  $1,950 Per Month

  • 3 Beds
  • 2 Baths
  • 1,600 Sq Ft
  • House for Rent

  112 Robert M Green Blvd, Frankfort, KY 40601

  Home features three bedrooms, two bath, a 2 car garage and backs up to the golf course. Pet Policy: No cats allowed. Dogs 25lbs or less are permitted. There is a non-refundable pet fee for each dog and a monthly pet fee for each dog.We require anyone 18 years and older to submit an application if they will be residing in the unit. Application fee applies for all applicants.

  112 Robert M Green Blvd, Frankfort, KY 40601
• 

  /2

  $850 Per Month

  • 2 Beds
  • 1 Bath
  • 800 Sq Ft
  • Apartment for Rent

  106 Quachita Trail Unit 2, Frankfort, KY 40601

  Apartment ready for immediate occupancy. Close to schools, parks, shopping and more! Call today for a private viewing.

  Andy Denton Pinnacle Real Estate Group

  106 Quachita Trail Unit 2, Frankfort, KY 40601
• 

  

  /14

  $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
• 

  

  /33

  $750 Per Month

  • 1 Bed
  • 1 Bath
  • 720 Sq Ft
  • Apartment for Rent

  6 Dogwood Ln Unit 1, Frankfort, KY 40601

  1 BR, 1 full BA, basement apartment in South Frankfort near the Capitol building just off Woodland Ave. All wood, tile or vinyl floors, freshly painted with neutral colors, large covered porch, WD hook-ups, large kitchen. Private parking area and entrance off Helm St at the rear of 6 Dogwood Lane. $750 per month with a 12-month lease and a $750 security deposit. Section 8 welcomed and accepted.

  Rick Pulliam Pulliam Realty Group

  6 Dogwood Ln Unit 1, Frankfort, KY 40601
• 

  

  /14

  $875 Per Month

  • 1 Bed
  • 1 Bath
  • 689 Sq Ft
  • Quaint One Bedroom in Frankfort

  704 Chinn Ave, Frankfort, KY 40601

  1/2 off Nov with 18 mth lease!! to 704 Chinn Avenue! This charming house is now available for rent. Featuring a spacious one bedroom layout, this property offers a comfortable living space for individuals or couples. Inside, you'll find a decorative fireplace and a well-appointed kitchen. The living room is carpeted, providing a cozy atmosphere. The large walk-in closet and ample storage space

  704 Chinn Ave, Frankfort, KY 40601
• 

  

  /54

  $1,250 Per Month

  • 1 Bed
  • 1 Bath
  • 820 Sq Ft
  • House for Rent

  609 Taylor Ave, Frankfort, KY 40601

  Welcome to the lovely rehabbed corridor of Taylor Ave in the heart of south Frankfort. This recently rehabbed 1 BR (possibly 2 BR), 1 full BA, single family house is located very close to Second Street School in the Frankfort Independent School District with easy access to downtown Frankfort. This area features the River Row District and great colors for the rehabbed properties. This house

  Rick Pulliam Pulliam Realty Group

  609 Taylor Ave, Frankfort, KY 40601
• 

  

  /20

  $1,395 Per Month

  • 3 Beds
  • 1 Bath
  • 1,215 Sq Ft
  • Move In Ready 3 Bedroom Brick Home

  113 Springside Ct, Frankfort, KY 40601

  Fantastic rental home in Frankfort Kentucky! Nice three bedroom one bathroom single family property with fenced yard. Beautiful hardwood laminate flooring. Shiplap accent wall in large eat-in kitchen. Washer and dryer hookups available in utility room. Nice finishes, solid home with a huge private rear deck. All located on quiet dead end cul-de-sac street. Apply today before it's gone.

  113 Springside Ct, Frankfort, KY 40601
• 

  

  /57

  $1,095 Per Month

  • 3 Beds
  • 1 Bath
  • Apartment for Rent

  713 Wilkinson Blvd Unit 1, Frankfort, KY 40601

  Three bedroom, One bath, apartment with outdoor common areas. These renovated units are located across the street from River View Park and provide easy access to downtown Frankfort. A laundry center with a washer and dryer is included in each unit. Tenants pay electric separately. Water and sewer are included. A one year lease is required. A $35 application fee is required per adult. Pets are ok

  Tyler Harrod Commonwealth Property Management

  713 Wilkinson Blvd Unit 1, Frankfort, KY 40601
• 

  

  /16

  $925 Per Month

  • Apartment for Rent

  804 Leawood Dr Unit 10, Frankfort, KY 40601

  Welcome home. Where comfort and convenience meet in the heart of Frankfort. This well-appointed one-bedroom, one-bath unit offers a contemporary living experience with thoughtful finishes and amenities to fit your lifestyle. Apartment Features Spacious two-bedroom, one bath layout, kitchen with ample cabinet and countertop space Modern Ceramic tile flooring throughout the living area and kitchen

  Melissa Marvel Marvel Real Estate

  804 Leawood Dr Unit 10, Frankfort, KY 40601
• 

  

  /7

  $925 Per Month

  • 2 Beds
  • 1 Bath
  • 800 Sq Ft
  • Apartment for Rent

  1308 Chinook Trail Unit 3, Frankfort, KY 40601

  Check out this 2 bedroom, 1 bathroom second floor apartment on Chinook Trail in Frankfort. This unit features an open living area with a kitchen/dining space, solid surface flooring throughout, washer/dryer hookups, and more. The property is located near local shopping, restaurants, and everyday conveniences. Tenant is responsible for electric, TV, and internet. Landlord is responsible for water,

  Austin Polley The Polley Group

  1308 Chinook Trail Unit 3, Frankfort, KY 40601
• 

  

  /10

  $925 Per Month

  • 2 Beds
  • 1 Bath
  • 800 Sq Ft
  • Apartment for Rent

  1308 Chinook Trail Unit 1, Frankfort, KY 40601

  Check out this 2 bedroom, 1 bathroom first floor apartment on Chinook Trail in Frankfort. This unit features an open living area with a kitchen/dining space, washer/dryer hookups, and more. The property is located near local shopping, restaurants, and everyday conveniences. Tenant is responsible for electric, TV, and internet. Landlord is responsible for water, sewer, trash, and lawn care. A pet

  Austin Polley The Polley Group

  1308 Chinook Trail Unit 1, Frankfort, KY 40601
• 

  

  /8

  $895 Per Month

  • 2 Beds
  • 1 Bath
  • 990 Sq Ft
  • Apartment for Rent

  71 Forest Hill Dr, Frankfort, KY 40601

  Dottie Gatewood Gatewood & Associates Realty Co

  71 Forest Hill Dr, Frankfort, KY 40601
• 

  

  /41

  $850 Per Month

  • 1 Bed
  • 1 Bath
  • Apartment for Rent

  703 Wilkinson Blvd Unit 2, Frankfort, KY 40601

  One bedroom, One bath, apartment with outdoor common areas. These renovated units are located across the street from River View Park and provide easy access to downtown Frankfort. A laundry center with a washer and dryer is included in each unit. Tenants pay electric separately. Water and sewer are included. A one year lease is required. A $35 application fee is required per adult. Pets are ok

  Tyler Harrod Commonwealth Property Management

  703 Wilkinson Blvd Unit 2, Frankfort, KY 40601

Showing Results 1 - 40, Page 1 of 2

Why Live in Frankfort

Frankfort, KY, the state capital, embodies the essence of "Kentucky Distilled" with its rich history and notable landmarks such as the state capitol building and the governor's mansion, both listed on the National Register of Historic Places. With a population of just under 30,000, Frankfort maintains a small-town feel, characterized by minimal traffic and a close-knit community. The city is home to the renowned Buffalo Trace Distillery, attracting thousands of visitors as part of the Bourbon Trail. Downtown Frankfort features vintage storefronts, used bookstores, and trendy brewpubs, and comes alive during summer concerts and Bourbon Week. However, shopping and dining options outside the downtown area are limited. The upcoming Paddocks of Frankfort, a $150 million mixed-use development, aims to enhance local amenities. Frankfort offers numerous things to do, including hiking and biking on extensive trails within preserved parklands, paddle boating on the Kentucky River, and visiting the Juniper Hill Aquatic Center. Riverview Park is a popular spot with waterside views and a summer farmers market. The Frankfort Independent School District, serving the city center, is highly rated, providing small class sizes. Kentucky State University offers dual enrollment courses for high schoolers. Frankfort is conveniently connected to Lexington, 25 miles away, and Louisville, 55 miles away, via major highways. Housing in Frankfort is more affordable than in nearby Lexington and Louisville, with a mix of mid-century homes, colorful Victorians, and some modern constructions on the outskirts.

Learn more about living in Frankfort

Frequently Asked Questions

How much does it cost to rent a home in Frankfort, KY?

The median rent for a home in Frankfort, KY is $995 per month, though prices vary by neighborhood, size, and property type. As of June 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 $39,800 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 $995 per month in Frankfort, KY, renters typically need to show $2,985 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 21.9, 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 home?

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 home include Northeast Georgetown, Masterson Station, Southeast Scott County, Sandersville and Beaumont, each with its own character and price range.

Rental Trends in Frankfort, KY

There are currently 42 homes available for rent in Frankfort, KY. The median rent is $995 per month, with single-family homes renting at $1,600, townhouses at $985 and condos at $873.

Rental Home Trends

Number of Homes for Rent 42	Median Rent $995
Median Single Family Home Rent $1,600	Median Townhouse Rent $985
Median Condo Rent $873