Frankfort, IN
Full City Profile · Indiana · Clinton County County
2.9
/5.0
C+
Fair
15,536
Population
1,928/sq mi density
$53,522
Median Income
$26,356 per capita
$122,800
Home Value
$205,410 Zillow
$888
Median Rent
25.5% income on rent
52°F
Avg Temperature
275 sunny days/yr
123
Violent Crime/100K
5,066 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$53,522 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$122,800 home value, $888/mo rent
F
Safety
1.0 / 5.0
123 violent crimes/100K
D
Education
2.0 / 5.0
11.9% bachelor's degree or higher
Housing Overview
Median Home Value
$122,800
56% below
US avg: $281,900
Median Rent
$888/mo
24% below
US avg: $1,163/mo
Homeownership Rate
58.7%
10% below US avg (65.4%)
Total Housing Units
6,765
Median year built: 1955
Home Value by Source
Census Median
$122,800
Zillow (ZHVI)
$205,410
Median Sale Price
$210,000
Median List Price
$189,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
58.7%
Owner-Occupied
41.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$888/mo
· Zillow rent:
$840/mo
Market Indicators (Redfin)
Median Days on Market
94 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
22.6%
of listings with price reduction
Price Per Sq Ft
$127
Active Inventory
31
homes for sale
Affordability & Housing Stock
Rent Burden
25.5%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
58.7%
Complete Housing Data
Home Values
| Census Median Value | $122,800 |
| Zillow Home Value (ZHVI) | $205,410 |
| Median Sale Price | $210,000 |
| Median List Price | $189,500 |
| Price Per Sq Ft | $127 |
Rent
| Census Median Rent | $888 |
| Zillow Rent (ZORI) | $840 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 94 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 22.6% |
| Homes Sold | 7 |
| Active Inventory | 31 |
| Price Per Sq Ft | $127 |
Ownership & Stock
| Owner-Occupied | 58.7% |
| Renter-Occupied | 41.3% |
| Homeownership Rate | 58.7% |
| Total Housing Units | 6,765 |
| Median Year Built | 1955 |
| Rent Burden | 25.5% |
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