Apartments for Rent in Frankfort, KY

Prices and availability in Frankfort, KY were last updated on 13 Sep 2026.

The best apartments in Frankfort, KY are: Riverview Apartments, Country Hills, Winthrop Court, Willowood and FarmStead.

The average rent in Frankfort, KY is $997.

The price range for a studio apartment in Frankfort, KY is between $691 and $1,093.

The price range for a 1-bedroom apartment in Frankfort, KY is between $703 and $1,900.

The price range for a 2-bedroom apartment in Frankfort, KY is between $886 and $1,945.

The price range for a 3-bedroom apartment in Frankfort, KY is between $875 and $2,483.

In Frankfort 51% of the housing is rented out compared to 49% of homes are owned, according to the most recent Census Bureau estimates. 2% of Frankfort's apartments are found in large buildings of 50 units or more, 76% are located in smaller apartment complexes with less than 50 units, and 21% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Frankfort are about 43 years old, on average. Of these, 28% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 2 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Frankfort come in a range of sizes and floorplans. Studio apartments represent 11% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 36% of the total apartments in the city, while 2-bedroom floorplans represent around 47% of all rentals in Frankfort. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.