4+ Bedroom Apartment Rent in Frankfort, IN
Median asking rent for a 4+ bedroom apartment in Frankfort, Indiana as of August 2026. That's +99% higher than the citywide median of $967 and +24% below the national 4+ bedroom median of $2,522.
Income needed for a 4+ 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 4+ 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 4+ bedroom in Indiana
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | East Chicago | $1,230 |
| 2 | New Castle | $1,250 |
| 3 | Angola | $1,290 |
| 4 | Crawfordsville | $1,299 |
| 5 | Richmond | $1,350 |
| 6 | Marion | $1,370 |
| 7 | La Porte | $1,394 |
| 8 | Kokomo | $1,395 |
| 9 | Elkhart | $1,400 |
| 10 | Terre Haute | $1,430 |
| 11 | Mishawaka | $1,440 |
| 12 | Goshen | $1,460 |
| 13 | Muncie | $1,485 |
| 14 | Michigan City | $1,490 |
| 15 | Warsaw | $1,490 |
Most expensive cities for a 4+ bedroom in Indiana
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Zionsville | $2,960 |
| 2 | Whitestown | $2,830 |
| 3 | Carmel | $2,820 |
| 4 | McCordsville | $2,560 |
| 5 | Lawrence | $2,560 |
| 6 | Avon | $2,530 |
| 7 | Westfield | $2,500 |
| 8 | Fishers | $2,480 |
| 9 | Brownsburg | $2,390 |
| 10 | Noblesville | $2,235 |
| 11 | Sellersburg | $2,180 |
| 12 | Plainfield | $2,180 |
| 13 | Greenwood | $2,160 |
| 14 | Indianapolis | $2,143 |
| 15 | Granger | $2,040 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 3 of these cities have cheaper 4+ bedroom rents than Frankfort.
| City | Distance | 4+ Bedroom rent | vs Frankfort |
|---|---|---|---|
| Sheridan, IN | 21.3 mi | $1,920 | — |
| Whitestown, IN | 22 mi | $2,830 | +$910 (+47%) |
| Kokomo, IN | 28.2 mi | $1,395 | $-525 (-27%) |
| Westfield, IN | 28.6 mi | $2,500 | +$580 (+30%) |
| Brownsburg, IN | 30.7 mi | $2,390 | +$470 (+24%) |
| Crawfordsville, IN | 32.9 mi | $1,299 | $-621 (-32%) |
| Carmel, IN | 34.2 mi | $2,820 | +$900 (+47%) |
| West Lafayette, IN | 36.5 mi | $1,750 | $-170 (-9%) |
| Avon, IN | 37.1 mi | $2,530 | +$610 (+32%) |
| Speedway, IN | 38.2 mi | $1,920 | — |
| Noblesville, IN | 38.5 mi | $2,235 | +$315 (+16%) |
| Indianapolis, IN | 42.1 mi | $2,143 | +$223 (+12%) |
4+ Bedroom rent in Frankfort — common questions
How much is a 4+ bedroom apartment in Frankfort?
As of August 2026, the median 4+ bedroom apartment rent in Frankfort, Indiana is $1,920 per month. This is +99% higher than the citywide median of $967.
What income do you need to afford a 4+ bedroom in Frankfort?
Using the standard 30% rent-to-income rule, you would need an annual income of about $76,800 ($6,400/month gross), which works out to roughly $36.92/hour at a full-time job.
Is Frankfort expensive for a 4+ bedroom compared to the rest of the US?
Frankfort's 4+ bedroom median of $1,920 is +24% below the national 4+ bedroom median of $2,522. It ranks in the 25th percentile of US cities tracked.
How does Frankfort rank for 4+ bedroom rent in Indiana?
Among the 62 cities in Indiana with 4+ bedroom data, Frankfort ranks #38 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Frankfort?
Yes — nearby cities with cheaper 4+ bedroom rents include Kokomo ($1,395), Crawfordsville ($1,299), West Lafayette ($1,750).