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Frankfort, NY Homes for Rent

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    $950

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 1,128 Sq Ft
    • Condo for Rent

    127 Sheldon Ave Unit 127, Frankfort, NY 13340

    1 bed apartment on first floor. Great neighborhood. NO pets or smoking. 1 year lease available. Owner takes care of lawn, water/sewer. Tenant takes care of snow, electric and gas (and any other utility they want).One bedroom apartment with office/den/ family room, living room, kitchen, dining room on first floor. Also has washer/dryer, stove and fridge along with a screened porch

    127 Sheldon Ave Unit 127, Frankfort, NY 13340
  • /8

    $1,270

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 980 Sq Ft
    • House for Rent

    637 Scarlet Dr, Ilion, NY 13357

    Please read instructions below on how to tour or apply. The green "Request To Apply" button will cause a delay in our ability to respond.3br MANUFACTURED HOME Now Available!Unit: S-637Apply To: Terrace HillRent: $1270/moBeds/Baths: 3 beds 1 bathSize: 980 square feetPets: Cat & Dog friendly, all animals must be approved. Pet deposit not required.Laundry:

    637 Scarlet Dr, Ilion, NY 13357
  • /11

    $1,275

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • 924 Sq Ft
    • House for Rent

    419 Elmwood Cir, Frankfort, NY 13340

    Please read instructions below on how to tour or apply. The green "Request To Apply" button will cause a delay in our ability to respond.3br MANUFACTURED HOME Now Available for rent!Unit: 419Apply To: Crestwood EstatesRent: $1275/moBeds/Baths: 3 beds 1.5 bathsSize: 924 square feetPets: Cat & Dog friendly, all animals must be approved. Pet deposit not

    419 Elmwood Cir, Frankfort, NY 13340

Why Live in Frankfort

Frankfort, NY, is a quiet town nestled in the Mohawk Valley, east of Utica, bordered by the Mohawk River and Erie Canal to the north and farmland to the south. The town is known for its relaxed atmosphere and vibrant summer events, particularly the annual Herkimer County Fair, which features tractor pulls, demolition derbies, animal showcases, and carnival rides. Residents enjoy a variety of local activities, including the world's largest garage sale, the Mineral Show, and the New York State Trapper Convention. Homebuyers will find a mix of Colonial Revivals, Queen Anne-inspired homes, Craftsman bungalows, and manufactured homes, with properties ranging from $200,000 to $730,000. Homes in the village have public water and sewer access, while those in the township use well water and septic systems. The town offers convenient access to nearby cities via State Route 5S, with Utica and Herkimer providing additional amenities and employment opportunities. Local points of interest include the Frankfort Marina, Pine Hills Golf Course, and Hilltop Athletic Park. Dining options feature locally owned establishments like Heelpath Brewing Co., 1886 Prime, Fratello's Pizzeria, The Knight Spot, Friendly Bake Shop, and Meats on Main. While the town is prepared for potential flooding and snow, it maintains a well-kept environment year-round, ensuring residents' safety and comfort.

Frequently Asked Questions

How much does it cost to rent a home in Frankfort, NY?
The median rent for a home in Frankfort, NY is $950 per month, though prices vary by neighborhood, size, and property type. As of June 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, NY?
To comfortably afford the median rent in Frankfort, NY, a household needs to earn roughly $38,000 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 $950 per month in Frankfort, NY, renters typically need to show $2,850 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, NY?
In Frankfort, NY, the price-to-rent ratio is 20.8, 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, NY are best for renting a home?
The best neighborhood for renting in Frankfort, NY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include East Utica, Downtown Utica, Cornhill, West Utica and South Utica, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$950
Median Single Family Home Rent
$1,275
Median Townhouse Rent
$950
Median Condo Rent
$1,250
How to Rent a Home