
Cheap Apartments for Rent in Frankfort, MI from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Frankfort.


Bay Hill I

Big Hill Regency House (for ages 55 & older)

ORCHARD ESTATES

Cadillac Lofts

Harbour Ridge Apartments

Lofts on Rowe

Cherry Hills Apartments

Lake Pointe Village

Pine Hills and Cedar Hills Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

2276 S M-37, Unit B

1480 S 170th Ave

10396 22 Mile Rd
Frankfort, MI Local Guide

How much does it cost to rent an apartment in Frankfort?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Frankfort Studio Apartments | $993 | $600 | $1,275 |
Frankfort 1 Bedroom Apartments | $1,505 | $861 | $2,426 |
Frankfort 2 Bedroom Apartments | $1,889 | $1,029 | $3,800 |
Frankfort 3 Bedroom Apartments | $2,329 | $1,157 | $3,600 |
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Frankfort, MI Local Guide
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Cheapest Available Frankfort Apartments for Rent and Nearby
 The cheapest available apartment rental in Frankfort, MI is a 2 Beds unit found at Annika Place in the Downtown Traverse City neighborhood priced from $427. 122 Hancock St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Frankfort apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Annika Place | Two Bedroom | 2BR,1BA | $427 |
122 Hancock St | Unit 4 | 1BR,1BA | $950 |
Cherry Hills Apartments | 2 Bedroom | 2BR,1BA | $1,095 |
Lofts on Rowe | 1 Bedroom | 1BR,1BA | $1,116 |
Garfield Oaks | 1 Bedroom | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Frankfort, MI and Nearby
As of April 28, 2025 the best value apartment in the Frankfort area is the $1.88 price per square foot Terrace Estates Condos Model at Terrace Bluff Condominiums in the in the Downtown Traverse City neighborhood starting from $2,400. The second greatest value Frankfort apartment is the Single Family Home Model at Woodbury Estates - SINGLE FAMILY HOMES starting at $2,399 with a $1.98 price per square foot . Here is today’s list of the best values for Frankfort apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Terrace Bluff Condominiums | Terrace Estates Condos | 3BR,2BA | $1.88 |
Woodbury Estates - SINGLE FAMILY HOMES | Single Family Home | 3BR,2BA | $1.98 |
Ridge45 Apartments | Longitude South | 2BR,2BA | $1.59 |
Holiday Village Townhomes | 2 BED/1.5 BATH | 2BR,1.5BA | $1.66 |
Legends Morgan Farms | Leland | 1BR,1BA | $2.07 |
Annika Place | Two Bedroom | 2BR,1BA | $0.47 |
Cherry Hills Apartments | 2 Bedroom Ultra | 2BR,1BA | $1.28 |
Oak Shore Commons | 2 Bedroom, 1 Bath End Unit | 2BR,1BA | $1.93 |
Chelsea Park West | Arcadia Bay | 1BR,1BA | $2.16 |
122 Hancock St | Unit 4 | 1BR,1BA | $2.10 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Frankfort, MI
Getting Around Frankfort, MI
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
51 / 100
Bikeable
Some 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.
Frequently Asked Questions about Cheap Frankfort Apartments
How much is rent for a Cheap One Bedroom Frankfort Apartment?
The lowest price for a Cheap One Bedroom Frankfort Apartment is $950 at 122 Hancock St.
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 $427 at Annika Place.
What is the most affordable Frankfort Three Bedroom Apartment?
The best deal on a cheap Frankfort Three Bedroom Apartment rental is at Woodbury Estates - SINGLE FAMILY HOMES and starts from $2,399.
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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.

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.