The median home in Frankfort, Indiana is valued at $202,355, up 3.4% year over year. Typical monthly rent is $896, producing a price-to-rent ratio of 18.8x — near the national average of 18x. Frankfort is part of the Frankfort, IN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Frankfort, IN stress score, crash risk, and 12-month forecast →

Home Value$202,355

+3.4%

Rent$896/mo

AFFORDABILITY

Enter your income for Frankfort.

Income (annual)

Down Payment

$40,471 on $202,355

Affordable — 20.8% of income

Under the 28% guideline.

PITI$1,300

P/I20.8%

Afford$272K

Room+$70K

P&I $1,023Tax $143Ins $133

Renting $404/mo cheaper ($896 rent)6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Indiana

Compare Frankfort with other housing markets across Indiana.

Dune Acres$889K Clear Lake$747K Long Beach$720K Zionsville$661K Carmel$548K Michiana Shores$540K Ogden Dunes$467K Westfield$460K

Full Frankfort, IN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Frankfort, IN metro.

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FRANKFORT, IN