Cheap Apartments for Rent in Frankfort, KY from $500 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in Frankfort.

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Emily Apartments
1 Bedroom Apartments

Emily Apartments

325 Brighton Park BlvdFrankfort, KY 40601
Senior Living
  • Utilities Included
Showing Results 1-16, Page 1 of 1

Frankfort, KY Local Guide

Cheapest Available Frankfort Apartments for Rent

 

The cheapest available apartment rental in Frankfort, KY is a 1 Bed unit found at Riverview Apartments priced from $626. Juniper Hills Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Frankfort apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverview ApartmentsOne Bedroom One Bath1BR,1BA$626
Juniper Hills ApartmentsStudioStudio,1BA$650
Winthrop CourtStudioStudio,1BA$684
Country HillsOne Bedroom One Bath1BR,1BA$846
Prince Hall Village - Renovated 2020One Bedroom1BR,1BA$986

Best Value Apartments for Rent in Frankfort, KY

As of April 23, 2025 the best value apartment in the Frankfort area is the $1.45 price per square foot Stansbury Townhome II Model at Riverford Crossing Apartments in the starting from $1,855. The second greatest value Frankfort apartment is the 1 Bedroom Loft Model at Country Hills starting at $885 with a $1.18 price per square foot . Here is today’s list of the best values for Frankfort apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Riverford Crossing ApartmentsStansbury Townhome II2BR,2.5BA$1.45
Country Hills1 Bedroom Loft1BR,1BA$1.18
Prince Hall Village - Renovated 2020One Bedroom1BR,1BA$1.51
Juniper Hills ApartmentsStudioStudio ,1BA$1.63
Winthrop CourtStudioStudio ,1BA$2.38
Riverview ApartmentsStudioStudio ,1BA$2.54

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Frankfort, KY

School data provided by Great Schools

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See the most popular apartments and homes in Frankfort, KY

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Getting Around Frankfort, KY

Walk Score®

38 / 100

Car-Dependent

Most errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frankfort, KY Area Reviews

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Val • 3+ years in Frankfort

February 25, 2025

Very boring place to live Frankfort is the worst Capital to live in

Frequently Asked Questions about Cheap Frankfort Apartments

What is the Cheapest Studio apartment in Frankfort?

Currently the most affordable Cheap Studio Apartment in Frankfort is at Riverview Apartments listed at $636.

How much is rent for a Cheap One Bedroom Frankfort Apartment?

The lowest price for a Cheap One Bedroom Frankfort Apartment is $626 at Riverview Apartments.

What is the lowest price for a Cheap Two Bedroom Frankfort Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Frankfort is starting from $1,106 at Prince Hall Village - Renovated 2020.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.