Prospect KY Apartments

14 rentals

Apartments For Rent Near Prospect, KY

We found 30 more apartments matching your filters just outside Prospect

Average Rent Trends in Prospect, KY

Rent in Prospect, KY varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Mar 2025.
MonthAverage rent
Jun 2025$2,201
Jul 2025$2,227
Aug 2025$1,840
Sep 2025$2,176
Oct 2025$2,041
Nov 2025$2,185
Dec 2025$2,257
Jan 2026$2,088
Feb 2026$2,318
Mar 2026$2,240
Apr 2026$2,236
May 2026$1,700
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,496$1,875$3,172$4,500$3,200
Townhomes——$2,295$3,500$2,295
Apartments and Condos—$1,622$3,750—$1,850
Houses—$2,500$4,500$4,816$4,500
See more information about local market trends in Prospect, KY

Frequently Asked Questions about Apartments and Condos for rent in Prospect, KY

  • What is the average rent of an apartment in Prospect, KY?
    The average rent of an apartment in Prospect, KY is $1,701 per month. This is about 12% lower than the national average.
  • When is the average rent cheapest in Prospect, KY?
    In the last year, the average rent in Prospect, KY was lowest in Aug 2025 when it was $1,840 per month.
  • When is the average rent most expensive in Prospect, KY?
    In the last year, the average rent in Prospect, KY was highest in Mar 2025 when it was $2,460 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Prospect, KY?
    The average rent of a 1 bedroom apartment in Prospect, KY is $1,496 per month. That is about $116 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Prospect, KY?
    There are 16 available apartments or condos to rent in Prospect, KY.
  • What are some zip codes in Prospect, KY?
    Prospect, KY includes zip codes such as: 40059, 40027.
  • What are some cities near Prospect, KY?
    Some nearby cities include: River Bluff, Orchard Grass Hills, Utica, Goshen, Pewee Valley. These cities may have more rental options to explore.