Housing & Real Estate — Frankfort, Indiana

Overview

Total Housing Units6,519
Occupied5,862
Vacant657
Owner-Occupied3,442
Renter-Occupied2,420
Median Home Value (Census)$138,600
Estimated 2026~$151,000
Median Rent$888/mo
Median Property Tax$958/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income18.6%
Severely Rent-Burdened20.3%

Housing Age

Built 2010 or later312
Built 2000-2009139
Built 1990-1999436
Built before 19603,994
Median Year Built1955
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.