Cheap Homes for Rent in Prospect, KY from $900 (10 Rentals)

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Prospect, KY Local Guide

Cheapest Available Prospect Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prospect, KY is a 1 Bed unit found at Beech Grove Apartments in the Jeffersonville neighborhood priced from $825. Rolling Hills in the Harrods Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $888. Here is today’s list of the most affordable Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Beech Grove ApartmentsThe Beech1BR,1BA$825
Rolling HillsThe Splendor1BR,1BA$888
Hidden Creek Apartment HomesOne Bed One Bath 8501BR,1BA$905

Best Value Apartments for Rent in Prospect, KY and Nearby

As of August 20, 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 Splendor Model at Rolling Hills starting at $888 with a $0.82 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 Splendor1BR,1BA$0.82
Westport Woods2 bed 2 Bath2BR,2BA$1.24
The Legends ApartmentsB2BR,2BA$1.35
Hidden Creek Apartment HomesTwo Bed One Bath 9502BR,1BA$1.15
Springhurst East Apartments2 Bedroom 1 Bathroom Large2BR,1BA$1.09
Stonebridge ApartmentsFirst Floor 1Bed/1Bath1BR,1BA$1.26
Maple Brook ApartmentsA - Aubern1BR,1BA$1.40
The Woods Apartments1 BD 1 BA1BR,1BA$1.33
Beech Grove ApartmentsThe Beech1BR,1BA$1.37

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

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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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 #16

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!

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Frequently Asked Questions about Prospect

What type of rentals are currently available in Prospect?

There are currently 50 Apartments for Rent in Prospect, KY with pricing that ranges from $790 to $9,114. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $950 to $9,500.

What is the current price range for Rental Homes in Prospect?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect ranges from $950 to $9,500 with an average monthly rent of $2,362.

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.

Helpful Local Expert Guides

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Written by: Mike Heuer

Louisville is one great city in which to visit, live, work, and raise a family. It has excellent and reasonably affordable housing, great neighborhoods, and a whole lot more to offer its residents and visitors alike.

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Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers

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

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Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.

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The 10 Best Affordable Neighborhoods for Renting in Louisville, KY

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Louisville, Kentucky, founded in 1778, has grown to be the largest city in Kentucky and is a terrific city situated right along the south bank of the Ohio River.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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