Apartments for Rent in Frankfort, KY

Prices and availability in Frankfort, KY were last updated on 15 May 2026.

The best apartments in Frankfort, KY are: Willowood, FarmStead, Winthrop Court, Country Hills and Huntley Ridge East.

The average rent in Frankfort, KY is $997.

The price range for a studio apartment in Frankfort, KY is between $620 and $1,461.

The price range for a 1-bedroom apartment in Frankfort, KY is between $624 and $1,342.

The price range for a 2-bedroom apartment in Frankfort, KY is between $855 and $1,642.

The price range for a 3-bedroom apartment in Frankfort, KY is between $790 and $1,766.

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.

Studio apartments in Frankfort are around 11% of rentals, while 1-bedroom floor plans represent 36% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 47% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.