What's the average rent in Prospect, KY?

Rental Market Trends in Prospect, KY

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Prospect, KY is $3,000 per month, which is 53% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$3,000

-6.3%-$200 decrease month-over-month

-6.3%-$200 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,677

HOUSES

$4,285

TOWNHOUSES

$1,917

As of August 2026, apartments are the most affordable rental option in Prospect, KY at $1,677 per month, while houses are the most expensive at $4,285 per month. Townhomes average $1,917 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,568
2 Bedrooms	$1,952
3 Bedrooms	$2,579
4 Bedrooms	$4,500
All	$3,000

As of August 2026, the average rent for a 1 bedroom rental in Prospect, KY is $1,568 per month, followed by $1,952 for a 2 bedroom rental, $2,579 for a 3 bedroom rental, and $4,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,850
3 Bedrooms	$1,917
4 Bedrooms	—
All	$1,917

As of August 2026, the average rent for a 2 bedroom townhome in Prospect, KY is $1,850 per month, followed by $1,917 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,649
3 Bedrooms	$1,208
4 Bedrooms	—
All	$1,649

As of August 2026, the average rent for a 2 bedroom apartment in Prospect, KY is $1,649 per month, followed by $1,208 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,400
3 Bedrooms	$2,800
4 Bedrooms	$4,500
All	$4,285

As of August 2026, the average rent for a 2 bedroom house in Prospect, KY is $1,400 per month, followed by $2,800 for a 3 bedroom house, and $4,500 for a 4 bedroom house.