Frankfort, KY housing market
Typical home value
$249K
■ 0.0% 1 yr
Typical rent
$989/mo
▲ 0.4% 1 yr
Gross rent yield
4.8%
U.S. 6.3%
5-year home value change
+31%
U.S. +20%
Key takeaways
- 1The typical home in Frankfort is worth $249,495, down 0.0% over the past year and up 31% over five years.
- 2Typical rent is $989 a month (+0.4% YoY), a gross rent yield of 4.8% (below the Frankfort, KY metro's 4.9%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,371/mo, $382 more than typical rent.
- 4Zillow forecasts the Frankfort, KY metro's home values to change +3.0% over the next 12 months.
Market temperature (Frankfort, KY metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 47/100, #189 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Frankfort compares
| Measure | Frankfort | Frankfort, KY metro | United States |
|---|---|---|---|
| Typical home value | $249,495 | $254,264 | $366,157 |
| Home value, 1-yr change | −0.0% | +0.6% | +1.2% |
| Typical rent | $989 | $1,039 | $1,932 |
| Rent, 1-yr change | +0.4% | +1.3% | +2.7% |
| Gross rent yield | 4.8% | 4.9% | 6.3% |
| Price-to-rent ratio | 21.0 | 20.4 | 15.8 |
| Mortgage P&I, typical home | $1,371 | $1,397 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Frankfort rental, pre-filled.
Rent vs buy in Frankfort
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $249K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.