What's the average rent in Prospect, KY?

Rental Market Trends in Prospect, KY

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Prospect, KY is $3,200 per month, which is 68% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$3,200

6.7%$200 increase month-over-month

-3.0%-$100 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,701

HOUSES

$4,500

TOWNHOUSES

$2,295

As of May 2026, apartments are the most affordable rental option in Prospect, KY at $1,701 per month, while houses are the most expensive at $4,500 per month. Townhomes average $2,295 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,496
2 Bedrooms	$1,875
3 Bedrooms	$3,172
4 Bedrooms	$4,500
All	$3,200

As of May 2026, the average rent for a 1 bedroom rental in Prospect, KY is $1,496 per month, followed by $1,875 for a 2 bedroom rental, $3,172 for a 3 bedroom rental, and $4,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	—
3 Bedrooms	$2,295
4 Bedrooms	$3,500
All	$2,295

As of May 2026, the average rent for a 3 bedroom townhome in Prospect, KY is $2,295 per month, followed by $3,500 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,350
2 Bedrooms	$1,622
3 Bedrooms	$3,750
4 Bedrooms	—
All	$1,850

As of May 2026, the average rent for a 1 bedroom apartment in Prospect, KY is $1,350 per month, followed by $1,622 for a 2 bedroom apartment, and $3,750 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$3,200
3 Bedrooms	$4,500
4 Bedrooms	$4,816
All	$4,500

As of May 2026, the average rent for a 2 bedroom house in Prospect, KY is $3,200 per month, followed by $4,500 for a 3 bedroom house, and $4,816 for a 4 bedroom house.