
Cheap Homes for Rent in Prospect, KY from $900 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.


1101 Foghorn Dr

201 Stonebench Cir

3115 Lighthouse Dr

11917 Tazwell Dr
Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky
There's more to Louisville than the Kentucky Derby. Get a local insider's take on the best bourbon tours, dining, music venues, horse racing, and cultural experiences the city has to offer.

11913 N Tazwell Dr

8801 W State Hwy 22

13408 Prospect Glen Way, Unit 1

11408 Center Hill Ct

153 Bitter Sweet Rd
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Prospect, KY Local Guide

How much does it cost to rent a home in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect 2 Bedroom Homes for Rent | $1,564 | $1,100 | $2,650 |
| Prospect 3 Bedroom Homes for Rent | $2,108 | $1,400 | $2,800 |
| Prospect 4 Bedroom Homes for Rent | $3,190 | $2,700 | $4,500 |
| Prospect 5 Bedroom Homes for Rent | $4,436 | $1,750 | $9,500 |
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Prospect, KY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beech Grove Apartments | The Beech | 1BR,1BA | $825 |
| Rolling Hills | The Splendor | 1BR,1BA | $888 |
| Hidden Creek Apartment Homes | One Bed One Bath 850 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lighthouse Apartments | 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.17 |
| Rolling Hills | The Splendor | 1BR,1BA | $0.82 |
| Westport Woods | 2 bed 2 Bath | 2BR,2BA | $1.24 |
| The Legends Apartments | B | 2BR,2BA | $1.35 |
| Hidden Creek Apartment Homes | Two Bed One Bath 950 | 2BR,1BA | $1.15 |
| Springhurst East Apartments | 2 Bedroom 1 Bathroom Large | 2BR,1BA | $1.09 |
| Stonebridge Apartments | First Floor 1Bed/1Bath | 1BR,1BA | $1.26 |
| Maple Brook Apartments | A - Aubern | 1BR,1BA | $1.40 |
| The Woods Apartments | 1 BD 1 BA | 1BR,1BA | $1.33 |
| Beech Grove Apartments | The Beech | 1BR,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.
Read ArticleThe 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
Read ArticleReal 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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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleProspect, KY
Ranked #16
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Prospect, KY
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

Bourbon, Baseball, and the Blues: Your Insider's Guide to Louisville, Kentucky
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.

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.

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.

The 10 Best Affordable Neighborhoods for Renting in Louisville, KY
Written by: Mike Heuer
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

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.