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Apartments for Rent in Frankfort, KY under $700

Apartments for Rent in Frankfort, KY under $700. 14 Rentals Available
14 Rentals Available
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  • Rent specials 13 units available
    Studio $643+
    1 bd $642+
    Base rent
    Verified Listing

    3.5 (26)
    101 Compton Drive, Frankfort, KY 40601
    Apply online • Pet friendly
  • 1 bd $695
    Base rent
    Verified Listing

    3.5 (8)
    1407 Steadmantown Lane, Frankfort, KY 40601
    Apply online • Pet friendly • Dishwasher
2-0-city

Frequently asked questions

When were prices and availability in Frankfort, KY last updated?

Prices and availability in Frankfort, KY were last updated on 10 Jul 2026.

What are the best apartments in Frankfort, KY?

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

What type of rental buildings are in Frankfort, KY?

In Frankfort, 51% of the residents are renting compared to 49% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 2% of Frankfort's rentals, 76% are small-scale complexes with under 50 units, and 21% are single-family rentals.

Renting apartments in Frankfort, KY under $700

Searching for apartments for rent in Frankfort, KY under $700 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $700” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Frankfort, KY. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Frankfort, KY going for $642 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.