3212 Lighthouse Cove
JeffersonvilleIN47130
Cheap Homes for Rent in Prospect, KY from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.
1101 Foghorn Dr
JeffersonvilleIN47130
8701 Bayberry Pl
PlantationKY40242
3115 Lighthouse Dr
JeffersonvilleIN47130
8801 W State Hwy 22
CrestwoodKY40014
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
13408 Prospect Glen Way, Unit 1, Unit 1
13408 Prospect Glen Way
ProspectKY40059
5004 Winding Spring Pl
ColdstreamKY40245
7400 Woodreed Pl
CrestwoodKY40014
13202 Prospect Glen Way
ProspectKY40059
1104 Lighthouse Dr
JeffersonvilleIN47130
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
4429 Baygarden Ct
LouisvilleKY40245
Showing Results 1-11, Page 1 of 1
Prospect, KY Local Guide
Lincoln Bridge by StevenW. is licensed under CC BY 2.0
How much does it cost to rent a home in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect 2 Bedroom Homes for Rent | $1,772 | $1,100 | $3,200 |
| Prospect 3 Bedroom Homes for Rent | $2,283 | $1,400 | $3,750 |
| Prospect 4 Bedroom Homes for Rent | $4,681 | $2,599 | $5,900 |
| Prospect 5 Bedroom Homes for Rent | $6,050 | $3,900 | $9,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Prospect
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Prospect, KY Local Guide
- Prospect Neighborhoods
- Nearby Cities
- ZIP codes
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Cheapest Available Prospect Apartments for Rent
The cheapest available apartment rental in Prospect, KY is a 1 Bed unit found at The Woods Apartments in the Oak Park neighborhood priced from $919. Hidden Creek Apartment Homes in the Oak Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $940. Here is today’s list of the most affordable Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Woods Apartments | 1 BD 1 BA | 1BR,1BA | $919 |
| Hidden Creek Apartment Homes | One Bed One Bath 850 | 1BR,1BA | $940 |
| Lighthouse Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $980 |
| Heathmoore | One Bed One Bath Standard | 1BR,1BA | $990 |
| Stonebridge Apartments | Second Floor 1Bed/1Bath | 1BR,1BA | $995 |
Best Value Apartments for Rent in Prospect, KY
As of May 21, 2026 the best value apartment in the Prospect area is the $1.23 price per square foot 3 Bedroom, 2 Bathroom Model at Lighthouse Apartments in the in the Oak Park neighborhood starting from $1,600. The second greatest value Prospect apartment is the 2 Beds, 2 baths Model at Rivers Edge Residences starting at $1,250 with a $1.10 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 | $1.23 |
| Rivers Edge Residences | 2 Beds, 2 baths | 2BR,2BA | $1.10 |
| Rolling Hills | The Splendor | 1BR,1BA | $1.08 |
| Westport Woods | 2 bed 2 Bath | 2BR,2BA | $1.24 |
| Stonewater Apartments | B3R | 2BR,2BA | $1.40 |
| Wolf Run Park Apartments | 2Bedroom/2Bathroom 986 sqft | 2BR,2BA | $1.14 |
| Hidden Creek Apartment Homes | Two Bed One Bath 950 | 2BR,1BA | $1.33 |
| Springhurst East Apartments | 2 Bedroom 1 Bathroom Large | 2BR,1BA | $1.21 |
| Stonebridge Apartments | First Floor 1Bed/1Bath | 1BR,1BA | $1.26 |
| The Woods Apartments | 1 BD 1 BA | 1BR,1BA | $1.33 |
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 Article
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
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.
Read ArticleQuick Rent Budget Calculator
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.
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Pet Friendly LifestyleProspect, KY
Ranked #19
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!
Explore Prospect, KY Rentals by Map
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 48 Apartments for Rent in Prospect, KY with pricing that ranges from $795 to $3,143. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $980 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 $980 to $9,500 with an average monthly rent of $3,153.
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
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.
The Official Expert's Guide to the Top Neighborhoods in Louisville for College Renters
Written by: Mike Heuer
Louisville is a terrific location to get an advanced education at one of its many great colleges and universities.
Mint Juleps and Mile-Saving Commutes: Finding Quality Louisville Apartments Near Major Employers
Written by: Mike Heuer
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.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.