What's the average rent in Prospect, KY?
Rental Market Trends in Prospect, KY
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Prospect, KY is $2,950 per month, which is 51% higher than the national average rent of $1,951 per month.
AVERAGE RENT
$2,950
-7.8%-$250 decrease month-over-month
-7.8%-$250 decrease year-over-year
AVAILABLE RENTALS
39
APARTMENTS
HOUSES
TOWNHOUSES
As of June 2026, townhomes are the most affordable rental option in Prospect, KY at $1,800 per month, while houses are the most expensive at $4,549 per month. Apartments average $1,925 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,744 |
| 2 Bedrooms | $2,300 |
| 3 Bedrooms | $3,200 |
| 4 Bedrooms | $4,549 |
| All | $2,950 |
As of June 2026, the average rent for a 1 bedroom rental in Prospect, KY is $1,744 per month, followed by $2,300 for a 2 bedroom rental, $3,200 for a 3 bedroom rental, and $4,549 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,800 |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,995 |
| 4 Bedrooms | — |
| All | $1,800 |
As of June 2026, the average rent for a 1 bedroom townhome in Prospect, KY is $1,800 per month, followed by $1,995 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,395 |
| 2 Bedrooms | $2,300 |
| 3 Bedrooms | $3,200 |
| 4 Bedrooms | — |
| All | $2,500 |
As of June 2026, the average rent for a 1 bedroom apartment in Prospect, KY is $1,395 per month, followed by $2,300 for a 2 bedroom apartment, and $3,200 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,500 |
| 3 Bedrooms | $4,000 |
| 4 Bedrooms | $4,549 |
| All | $4,549 |
As of June 2026, the average rent for a 2 bedroom house in Prospect, KY is $2,500 per month, followed by $4,000 for a 3 bedroom house, and $4,549 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -2% compared to the previous year, which is a $50 decrease.
This year (2026)
Last year (2025)
Rent distribution
28% of rentals have rent of $3,800-$4,999/month
Rental price range
The price range for rentals is $1,208 to $9,500.