1-Bedroom Rent · July 2026

1-Bedroom Apartment Rent in Frankfort, IN

$604/mo

Median asking rent for a 1-bedroom apartment in Frankfort, Indiana as of July 2026. That's +21% lower than the citywide median of $763 and +57% below the national 1-bedroom median of $1,395.

1-Bedroom median
$604
July 2026
vs city overall
-21%
$763 city median
vs national
-57%
$1,395 US median
Indiana rank
#1
of 65 cities

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.

Annual income
$24,160
Monthly gross
$2,013
Hourly (full-time)
$11.62

Rent by apartment size in Frankfort

Compare Frankfort's median rent across every apartment size.

Studio
$517
1-Bedroom (current)
$604
2-Bedroom
$709
3-Bedroom
$924
4+ Bedroom
$1,115

Cheapest cities for a 1-bedroom in Indiana

#City1-Bedroom rent
1Frankfort (this page)$604
2La Porte$689
3Richmond$720
4New Castle$730
5Angola$740
6Marion$740
7Crawfordsville$754
8East Chicago$770
9Logansport$780
10Kokomo$790
11Muncie$800
12Fortville$801
13Terre Haute$810
14Delphi$820
15Evansville$835

Most expensive cities for a 1-bedroom in Indiana

#City1-Bedroom rent
1Zionsville$1,600
2Whitestown$1,530
3Carmel$1,527
4McCordsville$1,390
5Lawrence$1,385
6Avon$1,370
7Westfield$1,350
8Fishers$1,343
9Granger$1,310
10Brownsburg$1,290
11Noblesville$1,210
12Sellersburg$1,200
13Munster$1,190
14Merrillville$1,190
15Plainfield$1,180

Nearby cities — 1-bedroom rent

Most nearby cities have similar or higher 1-bedroom rents than Frankfort.

CityDistance1-Bedroom rentvs Frankfort
Whitestown, IN22 mi$1,530+$926 (+153%)
Delphi, IN23.9 mi$820+$216 (+36%)
Kokomo, IN28.2 mi$790+$186 (+31%)
Westfield, IN28.6 mi$1,350+$746 (+124%)
Brownsburg, IN30.7 mi$1,290+$686 (+114%)
Crawfordsville, IN32.9 mi$754+$150 (+25%)
Logansport, IN33.1 mi$780+$176 (+29%)
Carmel, IN34.2 mi$1,527+$923 (+153%)
West Lafayette, IN36.5 mi$970+$366 (+61%)
Avon, IN37.1 mi$1,370+$766 (+127%)
Speedway, IN38.2 mi$1,040+$436 (+72%)
Noblesville, IN38.5 mi$1,210+$606 (+100%)

1-Bedroom rent in Frankfort — common questions

How much is a 1-bedroom apartment in Frankfort?

As of July 2026, the median 1-bedroom apartment rent in Frankfort, Indiana is $604 per month. This is +21% below the citywide median of $763.

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 $24,160 ($2,013/month gross), which works out to roughly $11.62/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 $604 is +57% below the national 1-bedroom median of $1,395. It ranks in the 0th percentile of US cities tracked.

How does Frankfort rank for 1-bedroom rent in Indiana?

Among the 65 cities in Indiana with 1-bedroom data, Frankfort ranks #1 from cheapest to most expensive.

Are there cheaper 1-bedroom options near Frankfort?

Most nearby cities have similar or higher 1-bedroom rents than Frankfort.

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Frankfort, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.