Median Age
39 Years
Largest Age Group
25-34 Years
Approximately 14% of Residents
Under 20
24%
Over 65
18%
Frankfort
Frankfort, KY Area Guide
Avg Rent
$841
Population
27,106
Renter Mix
51% Rent
Your home in the heart of the Bluegrass region
Community
•
Charming
•
Historic
•
Parks
•
Welcome to Frankfort, Kentucky's capital city nestled along the Kentucky River in the heart of the Bluegrass region. This historic community combines small-town charm with the energy of state government operations. Tree-lined streets connect parks and government buildings throughout the city. The rental market remains stable, with average one-bedroom apartments at $825, reflecting a 7.1% increase over the past year. Housing options span from historic properties in Downtown and South Frankfort to newer developments in the East and West Frankfort neighborhoods. The walkable downtown centers around the State Capitol building, while River View Park offers waterfront recreation and hosts a seasonal farmers market.
Frankfort's landscape seamlessly integrates outdoor recreation with historic sites. Cove Spring Park encompasses 240 acres of nature trails, while Leslie Morris Park at Fort Hill provides Civil War-era landmarks and city views. Kentucky State University enhances the community's educational opportunities and cultural offerings. The historic Buffalo Trace Distillery, operating since 1792, continues the region's bourbon-making tradition. Originally established along an ancient buffalo migration route, Frankfort preserves its past while embracing the present, as evidenced by the historic Singing Bridge, which continues to serve as a Kentucky River crossing after 125 years.
Demographics
Median Household Income
$53,553
Average: $69,353
Education
6,619
Residents Have a Degree
Job Market
13,340
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Frankfort has more renters than homeowners.
Renters
51%
Non-Renters
49%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
19%
Other Education
81%
Rent Trends
As of May 2026, the average apartment rent in Frankfort, KY is $813 for a studio, $840 for one bedroom, $1,111 for two bedrooms, and $1,170 for three bedrooms. Apartment rent in Frankfort has decreased by -2.3% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$840/month
598 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Frankfort, KY is for everyday living.
Somewhat Walkable
Walkability
20
/ 100
Exceptionally Drivable
Drivability
90
/ 100
Fairly Bikeable
Bikeability
40
/ 100
Scores provided by
Schools
Public
Grades PK-5
508 Students
Public
Grades K-5
454 Students
Public
Grades PK-5
354 Students
Public
Grades K-8
540 Students
Public
Grades PK-5
416 Students
Public
Grades 6-8
706 Students
Public
Grades K-8
540 Students
Public
Grades 6-8
606 Students
Public
Grades 9-12
816 Students
Public
Grades 9-12
317 Students
Public
Grades 9-12
1,020 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Capitol View Park
- Capital City Museum
- River View Park
- East Frankfort Park
- Leslie Morris Park
Military Bases
Airports
- Blue Grass
Top Apartments in Frankfort
Houses for Rent in Frankfort
Property Management Companies in Frankfort, KY
PMR Companies
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47
Communities
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7,153
Units
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21
Cities
3 Communities in Frankfort
Odin Properties
-
59
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8,326
Units
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21
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2 Communities in Frankfort
Morgan Properties
-
389
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-
108,169
Units
-
237
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1 Community in Frankfort
IRT Living
-
108
Communities
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31,584
Units
-
70
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1 Community in Frankfort
RLJ Management Co., Inc.
-
42
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-
1,934
Units
-
38
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1 Community in Frankfort
Read Properties
-
25
Communities
-
3,231
Units
-
23
Cities
1 Community in Frankfort
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.