Frankfort, IN rental market
What is the average rent in Frankfort, IN?
Last updated June 29, 2026
Rental market summary
The average rent for all bedrooms and all property types in Frankfort, IN is $850.
Average rent
$850
Month-over-month change
-$125
Year-over-year change
-$100
Available rentals
20
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $550 to $1,100.
| Rent price | Number of rental properties |
|---|---|
| $600 | 1 |
| $700 | 8 |
| $800 | 4 |
| $900 | 3 |
| $1,000 | 4 |
| $1,100+ | 2 |
Average rent price over time
In the last year, rent has decreased by $100 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $875 | $850 |
| Feb | $925 | $863 |
| Mar | $875 | $825 |
| Apr | $715 | $900 |
| May | $715 | $989 |
| Jun | $775 | $950 |
| Jul | $950 | No data |
| Aug | $1,059 | No data |
| Sep | $800 | No data |
| Oct | $1,000 | No data |
| Nov | $905 | No data |
| Dec | $917 | No data |
Market temperature
The Frankfort, IN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Frankfort, IN is 58% lower than the national average.
$850
$2,011
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Frequently asked questions
1. What is the average rent in Frankfort, IN?
2. What is the average rent for a studio apartment in Frankfort, IN?
3. What is the average rent for a one-bedroom apartment in Frankfort, IN?
4. What is the average rent for a two-bedroom apartment in Frankfort, IN?
5. What is the average rent for a three-bedroom apartment in Frankfort, IN?
6. How much does it cost to rent a house in Frankfort, IN?
7. How has the rent in Frankfort, IN changed in the last year?
8. How much has the rent in Frankfort, IN increased/decreased in the last month?
9. How many available rentals are there in Frankfort, IN?
10. How do rent prices in Frankfort, IN compare with the national average?
