Apartments for Rent in Frankfort, KY

Prices and availability in Frankfort, KY were last updated on 7 Jul 2026.

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

The average rent in Frankfort, KY is $997.

The price range for a studio apartment in Frankfort, KY is between $644 and $1,109.

The price range for a 1-bedroom apartment in Frankfort, KY is between $643 and $1,116.

The price range for a 2-bedroom apartment in Frankfort, KY is between $849 and $1,449.

The price range for a 3-bedroom apartment in Frankfort, KY is between $875 and $1,800.

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.

The average age of rental buildings in Frankfort is 43 years old, with 28% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

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.