Apartments for Rent in Frankfort, KY

Prices and availability in Frankfort, KY were last updated on 5 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 $643 and $1,197.

The price range for a 1-bedroom apartment in Frankfort, KY is between $639 and $1,211.

The price range for a 2-bedroom apartment in Frankfort, KY is between $843 and $1,451.

The price range for a 3-bedroom apartment in Frankfort, KY is between $1,241 and $1,806.

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 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.