3

Newest Homes for Rent in Frankfort, NY

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  • /24

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    507 S Litchfield St Unit Upper, Frankfort, NY 13340

    Available NOW! Attractive and roomy 2br 1 bath upper apartment! Many new recent upgrades. Laundry hook ups in basement. Tenant pays gas and electric. No smoking. Background and credit check req'd. Pets allowed with additional pet rent, subject to size and breed restrictionsAppliances & Features: Fridge StoveRental Assistance: NoFifty-five plus: NoMultiplex:

    507 S Litchfield St Unit Upper, 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
  • /8

    $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

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 July 2026, townhouses tend to be the most affordable option while condos 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 19.4, 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 Cornhill, Downtown Utica, South Utica and West Utica, each with its own character and price range.

Rental Home Trends

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