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Home values, rents and more in Frankfort, KY

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$249,000
Metro: $254,000 · U.S.: $366,000
Home values, past year
0.0%
Metro: +0.6% · U.S.: +1.2%
Typical rent
$989/mo
Metro: $1,039 · U.S.: $1,932
Rents, past year
+0.4%
Metro: +1.3% · U.S.: +2.9%
Population
28,503
ACS 2020–24
Median household income
$53,073
Metro: $68,568 · U.S.: $80,734
ZIP codes around Frankfort, KY, shaded by typical home valueFrankfort40601
  • Under $300k
  • $300k–$340k
  • $340k–$370k
  • $370k–$380k
  • $380k+
  • No data
ZIP codes around Frankfort, KY, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Frankfort is outlined.

How Frankfort compares

The typical home in Frankfort, KY is worth about $249,000, according to the Zillow Home Value Index for September 2026. Home values in Frankfort are about the same as the typical value in the Frankfort metro area ($254,000) and 32% below the U.S. typical value ($366,000).

Over the past year, home values in Frankfort were flat, compared with +0.6% in the Frankfort metro area and +1.2% nationally.

Typical rent is $989 a month (Zillow Observed Rent Index), 5% below the Frankfort metro area ($1,039) and 49% below the U.S. ($1,932). Rents rose 0.4% over the past year.

The median household income is $53,073, against $68,568 in the Frankfort metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 28,503 people live in Frankfort (American Community Survey 2020–24).

Frankfort has the 81st-highest typical home value of the 362 cities in Kentucky with Zillow figures.

Part of: Franklin County, KY · Frankfort metro area · Kentucky

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Frankfort, KY

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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