
Cheap Homes for Rent in Frankfort, SD from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Frankfort.


411 4th Ave SE

667 Kansas Ave NE

215-219 9th St SW

929 Circle Dr

1311 Camelot Dr

615 1st Ave SE

1301 John Deere Cir
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.
Frankfort, SD Local Guide

How much does it cost to rent a home in Frankfort?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Frankfort 2 Bedroom Homes for Rent | $1,152 | $695 | $1,800 |
Frankfort 3 Bedroom Homes for Rent | $3,304 | $1,625 | $10,000+ |
Frankfort 4 Bedroom Homes for Rent | $2,725 | $2,250 | $3,200 |
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Frankfort, SD Local Guide
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Cheapest Available Frankfort Apartments for Rent and Nearby
 The cheapest available apartment rental in Frankfort, SD is a 1 Bed unit found at Aberdeen Communities priced from $795. Lake Area Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here is today’s list of the most affordable Frankfort apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $795 |
Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $810 |
Forte Living of Aberdeen: 50+ Community! | Starling | Studio,1BA | $850 |
Best Value Apartments for Rent in Frankfort, SD and Nearby
As of April 21, 2025 the best value apartment in the Frankfort area is the $1.03 price per square foot TH 4P/B - 1,640 Model at Wheatgrass Village I in the starting from $1,695. The second greatest value Frankfort apartment is the 2BR/2.0BA Model at One & Two Willow Creek starting at $1,695 with a $1.29 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. |
---|---|---|---|
Wheatgrass Village I | TH 4P/B - 1,640 | 4BR,2.5BA | $1.03 |
One & Two Willow Creek | 2BR/2.0BA | 2BR,2BA | $1.29 |
Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $0.68 |
Marketplace Apartments | F | 2BR,2BA | $1.40 |
Forte Living of Aberdeen: 50+ Community! | Wren | 2BR,2BA | $1.39 |
Wilkeshire Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.04 |
Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.36 |
Forte of Brookings: 50+ Community! | Finch | 1BR,1BA | $1.80 |
The Plains Apartments | 1629 - Studio S1 | Studio ,1BA | $1.71 |
Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $1.45 |
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Frequently Asked Questions about Frankfort
What type of rentals are currently available in Frankfort?
There are currently 31 Apartments for Rent in Frankfort, SD with pricing that ranges from $695 to $1,900. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankfort ranging from $275 to $10,000.
What is the current price range for Rental Homes in Frankfort?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Frankfort ranges from $275 to $10,000 with an average monthly rent of $1,834.
How much are larger Three and Four Bedroom Rentals in Frankfort?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Frankfort range from $1,150 to $1,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,625 to $10,000. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $1,695.
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.

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.

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.