Studio Apartment Rent in Frankfort, IN
Median asking rent for a studio apartment in Frankfort, Indiana as of July 2026. That's +32% lower than the citywide median of $763 and +60% below the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Frankfort
Compare Frankfort's median rent across every apartment size.
Cheapest cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Frankfort (this page) | $517 |
| 2 | Crawfordsville | $644 |
| 3 | Marion | $650 |
| 4 | East Chicago | $670 |
| 5 | Michigan City | $700 |
| 6 | Richmond | $710 |
| 7 | Delphi | $720 |
| 8 | Angola | $730 |
| 9 | New Castle | $730 |
| 10 | Muncie | $735 |
| 11 | Mishawaka | $740 |
| 12 | Logansport | $770 |
| 13 | South Bend | $775 |
| 14 | Kokomo | $780 |
| 15 | Evansville | $792 |
Most expensive cities for a studio in Indiana
| # | City | Studio rent |
|---|---|---|
| 1 | Zionsville | $1,390 |
| 2 | Whitestown | $1,330 |
| 3 | Carmel | $1,327 |
| 4 | McCordsville | $1,210 |
| 5 | Lawrence | $1,205 |
| 6 | Avon | $1,190 |
| 7 | Westfield | $1,180 |
| 8 | Fishers | $1,170 |
| 9 | Brownsburg | $1,120 |
| 10 | Sellersburg | $1,100 |
| 11 | Granger | $1,070 |
| 12 | Noblesville | $1,050 |
| 13 | Columbus | $1,045 |
| 14 | Munster | $1,040 |
| 15 | Plainfield | $1,030 |
Nearby cities — studio rent
Most nearby cities have similar or higher studio rents than Frankfort.
| City | Distance | Studio rent | vs Frankfort |
|---|---|---|---|
| Whitestown, IN | 22 mi | $1,330 | +$813 (+157%) |
| Delphi, IN | 23.9 mi | $720 | +$203 (+39%) |
| Kokomo, IN | 28.2 mi | $780 | +$263 (+51%) |
| Westfield, IN | 28.6 mi | $1,180 | +$663 (+128%) |
| Brownsburg, IN | 30.7 mi | $1,120 | +$603 (+117%) |
| Crawfordsville, IN | 32.9 mi | $644 | +$127 (+25%) |
| Logansport, IN | 33.1 mi | $770 | +$253 (+49%) |
| Carmel, IN | 34.2 mi | $1,327 | +$810 (+157%) |
| West Lafayette, IN | 36.5 mi | $830 | +$313 (+61%) |
| Avon, IN | 37.1 mi | $1,190 | +$673 (+130%) |
| Speedway, IN | 38.2 mi | $890 | +$373 (+72%) |
| Noblesville, IN | 38.5 mi | $1,050 | +$533 (+103%) |
Studio rent in Frankfort — common questions
How much is a studio apartment in Frankfort?
As of July 2026, the median studio apartment rent in Frankfort, Indiana is $517 per month. This is +32% below the citywide median of $763.
What income do you need to afford a studio in Frankfort?
Using the standard 30% rent-to-income rule, you would need an annual income of about $20,680 ($1,723/month gross), which works out to roughly $9.94/hour at a full-time job.
Is Frankfort expensive for a studio compared to the rest of the US?
Frankfort's studio median of $517 is +60% below the national studio median of $1,290. It ranks in the 0th percentile of US cities tracked.
How does Frankfort rank for studio rent in Indiana?
Among the 63 cities in Indiana with studio data, Frankfort ranks #1 from cheapest to most expensive.
Are there cheaper studio options near Frankfort?
Most nearby cities have similar or higher studio rents than Frankfort.