3-Bedroom Apartment Rent in Frankfort, KY
Median asking rent for a 3-bedroom apartment in Frankfort, Kentucky as of October 2026. That's +56% higher than the citywide median of $989 and +28% below the national 3-bedroom median of $2,130.
Income needed for a 3-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 3-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 3-bedroom in Kentucky
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Corbin | $1,100 |
| 2 | Franklin | $1,132 |
| 3 | Glasgow | $1,190 |
| 4 | Bardstown | $1,270 |
| 5 | Paducah | $1,270 |
| 6 | Murray | $1,300 |
| 7 | Richmond | $1,330 |
| 8 | Lawrenceburg | $1,370 |
| 9 | Radcliff | $1,420 |
| 10 | Bowling Green | $1,433 |
| 11 | Nicholasville | $1,440 |
| 12 | Winchester | $1,440 |
| 13 | Owensboro | $1,530 |
| 14 | Frankfort (this page) | $1,540 |
| 15 | Newport | $1,540 |
Most expensive cities for a 3-bedroom in Kentucky
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Prospect | $2,580 |
| 2 | Hebron | $2,210 |
| 3 | Burlington | $2,100 |
| 4 | Independence | $1,990 |
| 5 | Florence | $1,900 |
| 6 | Louisville | $1,818 |
| 7 | La Grange | $1,770 |
| 8 | Cold Spring | $1,760 |
| 9 | Erlanger | $1,720 |
| 10 | Lexington | $1,713 |
| 11 | Fort Thomas | $1,710 |
| 12 | Alexandria | $1,700 |
| 13 | Oak Grove | $1,680 |
| 14 | Elizabethtown | $1,600 |
| 15 | Fort Wright | $1,598 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 3-bedroom rents than Frankfort.
| City | Distance | 3-Bedroom rent | vs Frankfort |
|---|---|---|---|
| Franklin, KY | 1.2 mi | $1,132 | $-408 (-26%) |
| Lawrenceburg, KY | 18.2 mi | $1,370 | $-170 (-11%) |
| Georgetown, KY | 22 mi | $1,550 | +$10 (+1%) |
| Shelbyville, KY | 23.4 mi | $1,540 | — |
| Lexington, KY | 29.8 mi | $1,713 | +$173 (+11%) |
| Nicholasville, KY | 32.6 mi | $1,440 | $-100 (-6%) |
| La Grange, KY | 39.1 mi | $1,770 | +$230 (+15%) |
| Richmond, KY | 50.4 mi | $1,330 | $-210 (-14%) |
| Prospect, KY | 50.7 mi | $2,580 | +$1,040 (+68%) |
| Bardstown, KY | 50.8 mi | $1,270 | $-270 (-18%) |
| Independence, KY | 53.1 mi | $1,990 | +$450 (+29%) |
| Winchester, KY | 53.2 mi | $1,440 | $-100 (-6%) |
3-Bedroom rent in Frankfort — common questions
How much is a 3-bedroom apartment in Frankfort?
As of October 2026, the median 3-bedroom apartment rent in Frankfort, Kentucky is $1,540 per month. This is +56% higher than the citywide median of $989.
What income do you need to afford a 3-bedroom in Frankfort?
Using the standard 30% rent-to-income rule, you would need an annual income of about $61,600 ($5,133/month gross), which works out to roughly $29.62/hour at a full-time job.
Is Frankfort expensive for a 3-bedroom compared to the rest of the US?
Frankfort's 3-bedroom median of $1,540 is +28% below the national 3-bedroom median of $2,130. It ranks in the 18th percentile of US cities tracked.
How does Frankfort rank for 3-bedroom rent in Kentucky?
Among the 37 cities in Kentucky with 3-bedroom data, Frankfort ranks #14 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Frankfort?
Yes — nearby cities with cheaper 3-bedroom rents include Franklin ($1,132), Lawrenceburg ($1,370), Nicholasville ($1,440).