1116 Herr Ln
LouisvilleKY40222
Cheap Homes for Rent in Prospect, KY from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.
3103 Lighthouse Dr
JeffersonvilleIN47130
9612 Westport Rd
LouisvilleKY40241
513 Lyndon Ln
LouisvilleKY40222
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
5505 Baywood Dr
LouisvilleKY40241
1413 Stonewall Way
LouisvilleKY40242
13202 Prospect Glen Way
ProspectKY40059
11604 Deham Dr
LouisvilleKY40241
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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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 | $2,048 | $995 | $3,719 |
| Prospect 3 Bedroom Homes for Rent | $2,506 | $1,399 | $5,000 |
| Prospect 4 Bedroom Homes for Rent | $4,415 | $2,700 | $10,000+ |
| Prospect 5 Bedroom Homes for Rent | $5,583 | $4,250 | $8,000 |
| Prospect 6 Bedroom Homes for Rent | $5,125 | $4,000 | $6,250 |
Browse Top Homes for Rent in Prospect
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Prospect, KY Local Guide
- Prospect Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Prospect Apartments for Rent
The cheapest available apartment rental in Prospect, KY is a 2 Beds unit found at Graham Village Apartments in the Outer East End neighborhood priced from $800. Beech Grove Apartments in the Oak Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here is today’s list of the most affordable Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Graham Village Apartments | 2 Bed 1 Bath Apt | 2BR,1BA | $800 |
| Beech Grove Apartments | The Jefferson | 2BR,2BA | $900 |
| Rolling Hills | The Splendor | 1BR,1BA | $937 |
Best Value Apartments for Rent in Prospect, KY
As of July 23, 2025 the best value apartment in the Prospect area is the $1.01 price per square foot The Grand Model at Rolling Hills in the in the Harrods Creek neighborhood starting from $1,555. The second greatest value Prospect apartment is the 3 Bedroom, 2 Bathroom Model at Lighthouse Apartments starting at $1,450 with a $1.12 price per square foot in the Oak Park 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. |
|---|---|---|---|
| Rolling Hills | The Grand | 3BR,2BA | $1.01 |
| Lighthouse Apartments | 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.12 |
| Rivers Edge Residences | 2 Beds, 2 baths | 2BR,2BA | $1.10 |
| Wolf Run Park | 2Bedroom/2Bathroom 1084 sqft | 2BR,2BA | $1.05 |
| Hidden Creek | Two Bed One Bath 1050 | 2BR,1BA | $1.23 |
| Stonewater Apartments | B1 | 2BR,1BA | $1.22 |
| Springhurst East Apartments | 2 Bedroom Gold Premium | 2BR,1BA | $1.23 |
| The Woods Apartments | 2 TH 1.5 Bath | 2BR,1.5BA | $1.09 |
| Graham Village Apartments | 2 Bed 1 Bath Apt | 2BR,1BA | $0.89 |
| Beech Grove Apartments | The Jefferson | 2BR,2BA | $1.03 |
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Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 49 Apartments for Rent in Prospect, KY with pricing that ranges from $729 to $4,739. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $995 to $10,000.
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 $995 to $10,000 with an average monthly rent of $3,935.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.