Cheap Houses for Rent in Prospect, KY

12 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 for a house decreased in Oct 2026 compared to the previous month. Rent for houses peaked in May 2025.
MonthAverage rent
Nov 2025$3,740
Dec 2025$3,700
Jan 2026$3,950
Feb 2026$3,921
Mar 2026$4,500
Apr 2026$4,000
May 2026$4,500
Jun 2026$4,650
Jul 2026$4,400
Aug 2026$3,400
Sep 2026$3,500
Oct 2026$3,111
View as a graph

Average Rent By Bedroom and Home Type

In October 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$1,450$1,735$3,150$3,000$2,500
Townhomes—$3,200$2,500—$2,500
Apartments and Condos$1,450$1,750$3,150$3,100$1,775
Houses——$3,975$3,000$3,000
See more information about local market trends in Prospect, KY

Frequently Asked Questions about Houses for rent in Prospect, KY

  • What is the average rent of a house in Prospect, KY?
    The average rent of a house in Prospect, KY is $3,000 per month. This is about 55% higher than the national average.
  • What are the cheapest months to find a house to rent in Prospect, KY?
    Last year, the cheapest month to find a house to rent was Apr 2025 when it was $3,200 per month.
  • How many cheap houses are available in Prospect, KY?
    There are 7 houses to rent that are cheaper than the city’s average rent of $3,000.
  • When is the average rent for a house most expensive in Prospect, KY?
    In the last year, the average rent in Prospect, KY was highest in May 2025 when it was $4,500 per month.
  • 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.
View this page in Spanish: Casas baratas en renta en Prospect, KY - 68 Rentas | Trulia