
Cheap Homes for Rent in Frankton, IN from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Frankton.


1112 W 7th St

310 S Anderson St

706 W 23rd St

615 Madison Ave

104 Paisley Dr

2622 E 8th St

1807 Raible Ave

21 W 8th St

4801 E Co Rd 67

2111 W 8th St

605 E 5th St

508 E 34th St

210 E 13th St

102 N Main St
Frankton, IN Local Guide

How much does it cost to rent a home in Frankton?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Frankton 2 Bedroom Homes for Rent | $1,112 | $750 | $1,800 |
Frankton 3 Bedroom Homes for Rent | $1,311 | $850 | $2,250 |
Frankton 4 Bedroom Homes for Rent | $2,748 | $1,295 | $3,950 |
Browse Top Homes for Rent in Frankton
Explore Frankton
Frankton, IN Local Guide
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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 $385. Here is today’s list of the most affordable Frankton apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $250 |
University Village | 4BD/2BA Unfurnished Premium | 4BR,2BA | $385 |
The Haven | 4x4 | 4BR,4BA | $510 |
Hoosier Woods Apartments | 2x2 50% | 2BR,2BA | $743 |
Harter House Anderson LLC | Rose | Studio,1BA | $749 |
Best Value Apartments for Rent in Frankton, IN and Nearby
As of March 25, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
University Village | 2BD/2BA Furnished Premium | 2BR,2BA | $0.62 |
Summerlake Meadows | (7182B1) 2x1 | 2BR,1BA | $1.17 |
Hoosier Woods Apartments | 3x2 60% | 3BR,2BA | $0.88 |
Tin Plate Apartments | 2 Beds, 2 Baths | 2BR,2BA | $1.18 |
Woods Edge | 2x1 | 2BR,1BA | $0.94 |
Villages on Madison Apartments | 2x1 R-Prem | 2BR,1BA | $1.23 |
Canterbury Townhomes | 2x1.5 R | 2BR,1.5BA | $1.38 |
6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
The Towers at Southdale Affordable Senior | 1 Bed/ 1 Bath | 1BR,1BA | $0.45 |
The Haven | 2x2 | 2BR,2BA | $1.33 |
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Frequently Asked Questions about Frankton
What type of rentals are currently available in Frankton?
There are currently 36 Apartments for Rent in Frankton, IN with pricing that ranges from $250 to $3,794. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Frankton ranging from $650 to $3,950.
What is the current price range for Rental Homes in Frankton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Frankton ranges from $650 to $3,950 with an average monthly rent of $1,344.
How much are larger Three and Four Bedroom Rentals in Frankton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Frankton range from $539 to $3,794, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,295 and Four Bedroom Apartments start at $385.
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.

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.

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.