Rental market snapshot for Frankfort, Kentucky

Frankfort, Kentucky Rental Property Market Overview

Frankfort, Kentucky is a small city located in the state's capital region. It is home to 28,595 people according to the 2021 US Census. The city is known for its historic downtown area, which features a variety of shops, restaurants, and attractions. It is also home to a number of state government buildings, including the Kentucky State Capitol. Frankfort is a great place to live, work, and visit, offering a variety of activities and amenities for its residents.

The average rent for an apartment in Frankfort is $1,049. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Frankfort Kentucky | Cost of Living

  • The most expensive ZIP code in Frankfort is 40601 with an average price of $890.
  • The cheapest ZIP code in Frankfort is 40601 with an average price of $890.

Frankfort ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
140601$890

Live near Frankfort, Kentucky's Top Sights and Attractions

Capitol View Park is a scenic overlook located on the banks of the Kentucky River. It offers stunning views of the Kentucky State Capitol building and the surrounding landscape. The park features a variety of amenities, including a playground, picnic areas, walking trails, and a fishing pier. It is a popular spot for locals and visitors alike to enjoy the beauty of the area and take in the stunning views of the Capitol building.

Lakeview Park is a picturesque outdoor attraction located on the banks of a beautiful lake. Visitors can enjoy a variety of activities such as fishing, boating, swimming, and picnicking. There are also several trails for hiking and biking, as well as a playground and a disc golf course. The park also features a pavilion, a gazebo, and a scenic overlook, making it a great spot for a relaxing day outdoors.

East Frankfort Park is a scenic outdoor space located in the heart of Kentucky. It features a large lake, walking trails, and plenty of green space for picnicking and relaxing. The park is also home to a variety of wildlife, including ducks, geese, and other birds. There are also playgrounds, a disc golf course, and a skate park for visitors to enjoy. The park is a great place to spend an afternoon, with plenty of activities for all ages.

Juniper Hill Park is a scenic outdoor destination in Frankfort, Kentucky. It is situated on a hilltop, offering stunning views of the surrounding countryside. The park features a variety of amenities, including a playground, picnic areas, walking trails, and a pond. The park also hosts a variety of events throughout the year, such as concerts, festivals, and outdoor movies. The park is a great place to relax and enjoy nature, as well as spend quality time with family and friends.

Cove Spring Park is a picturesque park located in a rural area. It features a large lake surrounded by lush green grass and trees, providing a peaceful and tranquil atmosphere. The park also has a playground, picnic area, and walking trails. Visitors can enjoy fishing, boating, and swimming in the lake, or take a leisurely stroll along the trails. The park is a great spot for families to spend time together, or for individuals to relax and enjoy nature.

Exuberance2 is a unique and interactive art installation located in Frankfort, Kentucky. It features a series of colorful, lighted sculptures that are arranged in a circular pattern. Visitors can interact with the sculptures by pushing buttons that activate the lights and create a mesmerizing light show. The installation is also accompanied by a soundtrack of music, creating a truly immersive experience.

The Singing Bridge is a pedestrian bridge located in a small town in Kentucky. It is a unique attraction that is known for its musical qualities. The bridge is made of steel and is suspended over a river. It is designed to create a musical sound when it is walked on. The sound is created by the metal plates that are attached to the bridge and vibrate when people walk on it. The sound is said to resemble a chorus of bells, and it is a popular spot for locals and visitors alike.

Riverside Park is a scenic outdoor attraction located along the Kentucky River in Frankfort. It features a variety of activities, including walking and biking trails, a playground, picnic areas, and a boat ramp. The park also offers stunning views of the river and the surrounding landscape, making it a great spot for outdoor recreation and relaxation.

Weisiger House is a historic home located in the capital of Kentucky. Built in 1814, the house is an example of Federal-style architecture and features a two-story brick structure with a gabled roof. Inside, visitors can explore the home's original furnishings and artifacts, as well as learn about the history of the Weisiger family. The house also features a garden with a variety of native plants and trees, as well as a walking path.

Leslie Morris Park is a beautiful outdoor space located in a small town. It features a large lake, walking trails, picnic areas, and a playground. The lake is stocked with fish, making it a great spot for fishing. The trails are perfect for walking, running, or biking, and the playground is great for kids of all ages. The park also has a pavilion, which is perfect for hosting events or gatherings.

Frankfort, Kentucky area median rent change by ZIP code map

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How does Frankfort compare to other cities in Kentucky?

citymedian price
Independence$1,940
Georgetown$1,595
Fort Campbell North$1,593
Vine Grove$1,250
Winchester$850
Hopkinsville$825
Versailles$725

Average household income in Frankfort area graph - US Census

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The median household income in Frankfort in 2021 was $51,731. This represents a 25.8% change from 2011 when the median was $41,122.

#categorypercent
0Less than $10,0004.6%
1$10,000 to $14,9996.3%
2$15,000 to $19,9994.5%
3$20,000 to $24,9994.6%
4$25,000 to $29,9995.3%
5$30,000 to $34,9996.8%
6$35,000 to $39,9996.5%
7$40,000 to $44,9995.6%
8$45,000 to $49,9994.8%
9$50,000 to $59,9999.8%
10$60,000 to $74,9999.1%
11$75,000 to $99,99915.9%
12$100,000 to $124,9998.5%
13$125,000 to $149,9993.3%
14$150,000 to $199,9992.6%
15$200,000 or more1.6%

Neighborhoods in Frankfort

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Frankfort is $1,049.
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