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Frankfort, OH

Full City Profile · Ohio · Ross County County

3.1 /5.0
B Good
1,419 Population 2,838/sq mi density
$62,583 Median Income $29,561 per capita
$159,100 Home Value $222,995 Zillow
$769 Median Rent 30.1% income on rent
54°F Avg Temperature 297 sunny days/yr
361 Violent Crime/100K 8,043 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$62,583 median income, 0.7% unemployment
A+
Affordability
5.0 / 5.0
$159,100 home value, $769/mo rent
F
Safety
1.0 / 5.0
361 violent crimes/100K
C
Education
2.3 / 5.0
16.7% bachelor's degree or higher

Housing Overview

Median Home Value
$159,100
44% below
US avg: $281,900
Median Rent
$769/mo
34% below
US avg: $1,163/mo
Homeownership Rate
70.2%
7% above US avg (65.4%)
Total Housing Units
536
Median year built: 1963

Home Value by Source

Census Median
$159,100
Zillow (ZHVI)
$222,995
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

70.2%
Owner-Occupied
29.8%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $769/mo

Affordability & Housing Stock

Rent Burden
30.1%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
70.2%

Complete Housing Data

Home Values

Census Median Value$159,100
Zillow Home Value (ZHVI)$222,995

Rent

Census Median Rent$769
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Ownership & Stock

Owner-Occupied70.2%
Renter-Occupied29.8%
Homeownership Rate70.2%
Total Housing Units536
Median Year Built1963
Rent Burden30.1%