Above, you will see a summary of real estate in Frankfort, IN. On average, homes in Frankfort, IN cost $79,900, a value that is 37% lower than the average in Indiana. In general terms, this results in Frankfort, IN real estate being more affordable than Indiana real estate. On average, people who rent houses in Frankfort, IN pay $643; this value is 15% lower than the average amount renters pay in Indiana. 61.9% of Frankfort, IN residents own their own homes and, on average, each of the homes has 2.7 occupants. Frankfort, IN real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Frankfort, IN is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.