Apartments for Rent in Prospect, KY

Prices and availability in Prospect, KY were last updated on 22 Aug 2026.

The best apartments in Prospect, KY are: The Coop at River Road, Veranda at Norton Commons, Lyric at Norton Commons Apartments and 9216 Newbury Court.

The average rent in Prospect, KY is $1,953.

The price range for a studio apartment in Prospect, KY is between $1,345 and $3,444.

The price range for a 1-bedroom apartment in Prospect, KY is between $1,395 and $3,790.

The price range for a 2-bedroom apartment in Prospect, KY is between $1,795 and $5,668.

The price range for a 3-bedroom apartment in Prospect, KY is between $1,345 and $5,668.

In Prospect 7% of the housing is rented out compared to 93% of homes are owned, according to the most recent Census Bureau estimates. none of Prospect's apartments are found in large buildings of 50 units or more, all are located in smaller apartment complexes with less than 50 units, and none are single-family rentals.

The average age of rental buildings in Prospect is 6 years old, with all being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 4 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Prospect are around 2% of rentals, while 1-bedroom floor plans represent 38% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 48% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.