Cheap Apartments for Rent in Prospect, KY from $820 (50 Rentals)

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Search the lowest-cost Apartments available for rent right now in Prospect.

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Rolling Hills
$895 - $2,680

Total Monthly Price

Base Rent$895 - $2,680
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Rolling Hills

9100 Rainbow Springs CtLouisville, KY 40241
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Crowne at the Summit
Rent Specials
$1,063 - $1,907

Total Monthly Price

Base Rent$1,063 - $1,907
Total Monthly Price$1,063 - $1,907
1 to 3 Bedroom Apartments Available Now

Crowne at the Summit

4301 Crowne Springs DrLouisville, KY 40241
Corporate Housing
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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The Laurel
Rent Specials
$1,234 - $1,889

Total Monthly Price

Base Rent$1,234 - $1,889
Total Monthly Price$1,234 - $1,889
1 to 3 Bedroom Apartments Available Now

The Laurel

3498 Jefferson Ridge DrJeffersonville, IN 47130
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Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

Stop driving and start living! We highlight the best Louisville neighborhoods—from Beechmont to Audubon Park—with great rentals near top job providers.

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The Jeff On 10th
Studio to 2 Bedroom Apartments

The Jeff On 10th

3500 Ellingsworth Dairy DrJeffersonville, IN 47130
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Summit Place Apartments
1 to 2 Bedroom Apartments

Summit Place Apartments

5201 Eagles Peak WayLouisville, KY 40241
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  • Utilities Included

Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

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Sawyer East End
1 to 3 Bedroom Apartments

Sawyer East End

9910 Shining Willow DrLouisville, KY 40241

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Prospect, KY Local Guide

Cheapest Available Prospect Apartments for Rent

 

The cheapest available apartment rental in Prospect, KY is a 1 Bed unit found at Rolling Hills in the Harrods Creek neighborhood priced from $895. The Woods Apartments in the Jeffersonville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $919. Here is today’s list of the most affordable Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rolling HillsThe Splendor1BR,1BA$895
The Woods Apartments1 BD 1 BA1BR,1BA$919
HeathmooreOne Bed One Bath Standard1BR,1BA$975
Countrybrook Apartments1 Bed 1 Bath Apartment1BR,1BA$989
Autumn Ridge Apartments1 Bedroom 1 Bathroom1BR,1BA$990
Stonebridge ApartmentsFirst Floor 1Bed/1Bath1BR,1BA$995
Sova1 Bedroom1BR,1BA$999
Springhurst East Apartments1 Bedroom 1 Bathroom1BR,1BA$1,001
Hidden Creek Apartment HomesTwo Bed One Bath 10502BR,1BA$1,015
Beech Grove ApartmentsThe Jefferson2BR,2BA$1,050

Best Value Apartments for Rent in Prospect, KY

As of September 12, 2026 the best value apartment in the Prospect area is the $1.17 price per square foot 3 Bedroom, 2 Bathroom Model at Lighthouse Apartments in the in the Jeffersonville neighborhood starting from $1,525. The second greatest value Prospect apartment is the The Majestic Model at Rolling Hills starting at $1,280 with a $1.03 price per square foot in the Harrods Creek neighborhood. Here is today’s list of the best values for Prospect apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lighthouse Apartments3 Bedroom, 2 Bathroom3BR,2BA$1.17
Rolling HillsThe Majestic2BR,1.5BA$1.03
Hidden Creek Apartment HomesTwo Bed Townhome B2BR,1.5BA$1.14
Stonewater ApartmentsB3R2BR,2BA$1.38
Westport Woods2 Bed 1 Bath2BR,1BA$1.18
Ashton Brook2X12BR,1BA$1.19
The Legends ApartmentsA11BR,1BA$1.36
Beech Grove ApartmentsThe Jefferson2BR,2BA$1.21
Stonebridge ApartmentsFirst Floor 1Bed/1Bath1BR,1BA$1.26
The Woods Apartments1 BD 1 BA1BR,1BA$1.33

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Navigating the Rental Market: Tips for First-Time Renters

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The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters

Learn About the Best Neighborhoods to Rent Near College Campuses in Louisville, KY | Find Louisville Off-Campus Student Housing at ApartmentHomeLiving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Pet Friendly Lifestyle
Prospect, KY

Ranked #19

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Prospect, KY Rentals by Map

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See the most popular apartments and homes in Prospect, KY

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Frequently Asked Questions about Cheap Prospect Apartments

How much is rent for a Cheap One Bedroom Prospect Apartment?

The lowest price for a Cheap One Bedroom Prospect Apartment is $895 at Rolling Hills.

What is the lowest price for a Cheap Two Bedroom Prospect Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Prospect is starting from $1,015 at Hidden Creek Apartment Homes.

What is the most affordable Prospect Three Bedroom Apartment?

The best deal on a cheap Prospect Three Bedroom Apartment rental is at Westport Woods and starts from $1,395.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Kentucky is a business-friendly commonwealth, and Louisville is its largest city. It also is home to many great employers who pay well, and their workers have lots of great choices in neighborhoods to rent great apartments.

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