What are the average rent costs in Prospect, KY?

The average rent in Prospect, KY is $1,603.

What are the average rent costs of a studio apartment in Prospect, KY?

The average rent for a studio apartment in Prospect, KY is $1,506.

What are the average rent costs of a one bedroom apartment in Prospect, KY?

The average rent for a 1 bedroom apartment in Prospect, KY is $1,603.

What are the average rent costs of a two bedroom apartment in Prospect, KY?

The average rent for a 2 bedroom apartment in Prospect, KY is $2,200.

What are the average rent costs of a three bedroom apartment in Prospect, KY?

The average rent for a 3 bedroom apartment in Prospect, KY is $2,759.

Apartments under $1,400 for Rent in Prospect, KY

3 Rentals

Exceptional Value

|

1 BED

$1,295

Veranda at Norton Commons

9506 Civic Way, Prospect, KY 40059

Call (812) 406-0794
1 BED, 1 BATH

$1,350

8009 Montero Dr

8009 Montero Dr, Prospect, KY 40059

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Prospect at a Glance

Average Rent

$1,603

(All bedrooms and property types)

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Average Rent in Prospect

School Rating

out of 10 Rating

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Schools in Prospect

Prospect, KY Apartments for Rent

Nestled along the Ohio River just 12 miles northeast of downtown Louisville, Prospect combines residential charm with natural beauty. This Kentucky community, with a history dating back to the late 18th century when it was known as "Sand Hill," was formally incorporated in 1974. Today, Prospect features tree-lined streets and waterfront views, with convenient access to Louisville's amenities.

Prospect's rental market offers spacious accommodations with average one-bedroom apartments around 716 square feet and renting for approximately $1,487 monthly. The community sits near the Ohio River and Harrods Creek, offering parks and water views. U.S. Route 42 serves as the main thoroughfare, providing direct access to downtown Louisville and surrounding areas. While part of the greater Louisville metropolitan area, Prospect maintains a population density of about 1,199 people per square mile, creating a more spread-out residential setting.

Renting in Prospect

Average Rental Rates and Apartment Sizes

Apartment Type Average Sq Ft Average Rent
Studio 594 Sq Ft $1,506 / mo
1 Bedroom 726 Sq Ft $1,603 / mo
2 Bedrooms 1,200 Sq Ft $2,200 / mo
3 Bedrooms 1,437 Sq Ft $2,759 / mo

Top Budget-Friendly Neighborhoods in Prospect

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Glen Oaks 862 Sq Ft $1,345/mo
Norton Commons 827 Sq Ft $1,440/mo
River Bluff 696 Sq Ft $1,785/mo

Education

College/University Elementary School

University of Louisville Shelby Hurst Campus

Public University

Southern Baptist Seminary

Private University

Indiana Univ. SE, Grad Ctr Graduate Center

Public University

Sullivan University Louisville Campus

Private University

Univ. of Louisville, Health Health Sciences Campus

GreatSchools Rating

Goshen At Hillcrest Elementary School

Public Elementary School

Public

Grades K-5

Students

Prospect Apartments for Rent in Your Budget

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Apartments under $1,400 for Rent in Prospect, KY

Veranda at Norton Commons

8009 Montero Dr

Can't find what you are looking for?

Prospect at a Glance

Average Rent

School Rating

Prospect, KY Apartments for Rent

Renting in Prospect

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Prospect

Education

Prospect Apartments for Rent in Your Budget

Thank You

Apartments under $1,400 for Rent in Prospect, KY

Veranda at Norton Commons

8009 Montero Dr

Can't find what you are looking for?

Prospect at a Glance

Average Rent

School Rating

Prospect, KY Apartments for Rent

Renting in Prospect

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Prospect

Education

Prospect Apartments for Rent in Your Budget

Thank You

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