Frankfort, KY
Full City Profile · Kentucky · Franklin County County
3.1
/5.0
B
Good
28,452
Population
1,926/sq mi density
$54,438
Median Income
$35,369 per capita
$171,600
Home Value
$242,757 Zillow
$935
Median Rent
27.9% income on rent
57°F
Avg Temperature
293 sunny days/yr
292
Violent Crime/100K
3,427 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$54,438 median income, 4.6% unemployment
A+
Affordability
4.9 / 5.0
$171,600 home value, $935/mo rent
F
Safety
1.0 / 5.0
292 violent crimes/100K
B
Education
3.2 / 5.0
27.9% bachelor's degree or higher
Housing Overview
Median Home Value
$171,600
39% below
US avg: $281,900
Median Rent
$935/mo
20% below
US avg: $1,163/mo
Homeownership Rate
48.0%
27% below US avg (65.4%)
Total Housing Units
13,492
Median year built: 1971
Home Value by Source
Census Median
$171,600
Zillow (ZHVI)
$242,757
Median Sale Price
$243,000
Median List Price
$244,950
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
48.0%
Owner-Occupied
52.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo
Census median rent:
$935/mo
· Zillow rent:
$1,102/mo
Market Indicators (Redfin)
Median Days on Market
91 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
22
Price Drops
21.6%
of listings with price reduction
Price Per Sq Ft
$148
Active Inventory
74
homes for sale
Affordability & Housing Stock
Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
48.0%
Complete Housing Data
Home Values
| Census Median Value | $171,600 |
| Zillow Home Value (ZHVI) | $242,757 |
| Median Sale Price | $243,000 |
| Median List Price | $244,950 |
| Price Per Sq Ft | $148 |
Rent
| Census Median Rent | $935 |
| Zillow Rent (ZORI) | $1,102 |
| FMR Studio | $719 |
| FMR 1-Bedroom | $794 |
| FMR 2-Bedroom | $984 |
| FMR 3-Bedroom | $1,277 |
| FMR 4-Bedroom | $1,442 |
Market
| Days on Market | 91 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 21.6% |
| Homes Sold | 22 |
| Active Inventory | 74 |
| Price Per Sq Ft | $148 |
Ownership & Stock
| Owner-Occupied | 48.0% |
| Renter-Occupied | 52.0% |
| Homeownership Rate | 48.0% |
| Total Housing Units | 13,492 |
| Median Year Built | 1971 |
| Rent Burden | 27.9% |
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