Cheap Apartments for Rent in Frankton, IN from $400 (33 Rentals)

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1604 W 15th St
$495Studio, 1 Bath RentalsAvailable Now

1604 W 15th St

Anderson, IN 46016
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102 N Main St
$7951 Bedroom, 1 Bath RentalsAvailable Now

102 N Main St

Summitville, IN 46070
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Frankton, IN Local Guide

Cheapest Available Frankton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Frankton, IN is a 1 Bed unit found at The Towers at Southdale Affordable Senior priced from $250. University Village in the Westacres neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $439. Here is today’s list of the most affordable Frankton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$250
University Village4BD/2BA Unfurnished Premium4BR,2BA$439
The Haven4x44BR,4BA$499
Harter House Anderson LLCRoseStudio,1BA$749
Colonial Crest ApartmentsUnfurnished StudioStudio,1BA$770
North Pointe Commons1BR/1BA1BR,1BA$775
Longfellow Plaza Affordable Senior CommunityStudioStudio,1BA$790
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$799
Hoosier Woods Apartments2x2 HOME2BR,2BA$813
Bison Ridge Estates26 Unit 1 bedroom1BR,1BA$905

Best Value Apartments for Rent in Frankton, IN and Nearby

As of February 21, 2025 the best value apartment in the Frankton area is the $0.62 price per square foot 2BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $809. The second greatest value Frankton apartment is the (7182B1) 2x1 Model at Summerlake Meadows starting at $1,449 with a $1.17 price per square foot in the Barrington Estates neighborhood. Here is today’s list of the best values for Frankton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village2BD/2BA Furnished Premium2BR,2BA$0.62
Summerlake Meadows(7182B1) 2x12BR,1BA$1.17
Woods Edge2x12BR,1BA$0.94
Villages on Madison Apartments2x1 R2BR,1BA$1.17
Cross Lakes Apartments1x1WD R-Prem1BR,1BA$1.38
Hoosier Woods Apartments1x1 60%1BR,1BA$1.05
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$1.18
North Pointe Commons1BR/1BA1BR,1BA$1.41
The Towers at Southdale Affordable Senior1 Bed/ 1 Bath1BR,1BA$0.45
The Haven2x22BR,2BA$1.31

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Pet Friendly Lifestyle
Frankton, IN

Ranked #51

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Frankton, IN Rentals by Map

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See the most popular apartments and homes in Frankton, IN

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Getting Around Frankton, IN

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 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.

Frequently Asked Questions about Cheap Frankton Apartments

What is the Cheapest Studio apartment in Frankton?

Currently the most affordable Cheap Studio Apartment in Frankton is at Harter House Anderson LLC listed at $749.

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

The lowest price for a Cheap One Bedroom Frankton Apartment is $250 at The Towers at Southdale Affordable Senior.

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

Today's best deal for a Cheap Two Bedroom Apartment in Frankton is starting from $660 at The Haven.

What is the most affordable Frankton Three Bedroom Apartment?

The best deal on a cheap Frankton Three Bedroom Apartment rental is at University Village and starts from $539.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.