1-Bedroom Apartment Rent in Frankfort, IN
Median asking rent for a 1-bedroom apartment in Frankfort, Indiana as of August 2026. That's +8% higher than the citywide median of $967 and +25% below the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Frankfort
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Frankfort
Compare Frankfort's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Indiana
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | La Porte | $689 |
| 2 | Crawfordsville | $701 |
| 3 | Richmond | $720 |
| 4 | New Castle | $730 |
| 5 | Angola | $740 |
| 6 | Marion | $740 |
| 7 | East Chicago | $770 |
| 8 | Kokomo | $790 |
| 9 | Muncie | $800 |
| 10 | Terre Haute | $810 |
| 11 | Evansville | $835 |
| 12 | Michigan City | $840 |
| 13 | Warsaw | $860 |
| 14 | Anderson | $868 |
| 15 | Elkhart | $870 |
Most expensive cities for a 1-bedroom in Indiana
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Zionsville | $1,600 |
| 2 | Whitestown | $1,530 |
| 3 | Carmel | $1,527 |
| 4 | McCordsville | $1,390 |
| 5 | Lawrence | $1,385 |
| 6 | Avon | $1,370 |
| 7 | Westfield | $1,350 |
| 8 | Fishers | $1,343 |
| 9 | Granger | $1,310 |
| 10 | Brownsburg | $1,290 |
| 11 | Noblesville | $1,210 |
| 12 | Sellersburg | $1,200 |
| 13 | Munster | $1,190 |
| 14 | Merrillville | $1,190 |
| 15 | Plainfield | $1,180 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 3 of these cities have cheaper 1-bedroom rents than Frankfort.
| City | Distance | 1-Bedroom rent | vs Frankfort |
|---|---|---|---|
| Sheridan, IN | 21.3 mi | $1,040 | — |
| Whitestown, IN | 22 mi | $1,530 | +$490 (+47%) |
| Kokomo, IN | 28.2 mi | $790 | $-250 (-24%) |
| Westfield, IN | 28.6 mi | $1,350 | +$310 (+30%) |
| Brownsburg, IN | 30.7 mi | $1,290 | +$250 (+24%) |
| Crawfordsville, IN | 32.9 mi | $701 | $-339 (-33%) |
| Carmel, IN | 34.2 mi | $1,527 | +$487 (+47%) |
| West Lafayette, IN | 36.5 mi | $970 | $-70 (-7%) |
| Avon, IN | 37.1 mi | $1,370 | +$330 (+32%) |
| Speedway, IN | 38.2 mi | $1,040 | — |
| Noblesville, IN | 38.5 mi | $1,210 | +$170 (+16%) |
| Indianapolis, IN | 42.1 mi | $1,159 | +$119 (+11%) |
1-Bedroom rent in Frankfort — common questions
How much is a 1-bedroom apartment in Frankfort?
As of August 2026, the median 1-bedroom apartment rent in Frankfort, Indiana is $1,040 per month. This is +8% higher than the citywide median of $967.
What income do you need to afford a 1-bedroom in Frankfort?
Using the standard 30% rent-to-income rule, you would need an annual income of about $41,600 ($3,467/month gross), which works out to roughly $20.00/hour at a full-time job.
Is Frankfort expensive for a 1-bedroom compared to the rest of the US?
Frankfort's 1-bedroom median of $1,040 is +25% below the national 1-bedroom median of $1,395. It ranks in the 23th percentile of US cities tracked.
How does Frankfort rank for 1-bedroom rent in Indiana?
Among the 62 cities in Indiana with 1-bedroom data, Frankfort ranks #30 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Frankfort?
Yes — nearby cities with cheaper 1-bedroom rents include Kokomo ($790), Crawfordsville ($701), West Lafayette ($970).