Apartments for Rent in Prospect, KY

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Getting around in Prospect, KY

17 /100

Somewhat Bikeable

Bike Score®: 17

Frequently asked questions

When were prices and availability in Prospect, KY last updated?

Prices and availability in Prospect, KY were last updated on 19 Jun 2025.

What are the best apartments in Prospect, KY?

The best apartment in Prospect, KY is: Lyric at Norton Commons Apartments.

What is the average rent in Prospect, KY?

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

What is the price range for a studio apartment in Prospect, KY?

The price range for a studio apartment in Prospect, KY is between $1,715 and $4,862.

What is the price range for a 1-bedroom apartment in Prospect, KY?

The price range for a 1-bedroom apartment in Prospect, KY is between $1,715 and $1,985.

What is the price range for a 2-bedroom apartment in Prospect, KY?

The price range for a 2-bedroom apartment in Prospect, KY is between $2,350 and $2,712.

What is the price range for a 3-bedroom apartment in Prospect, KY?

The price range for a 3-bedroom apartment in Prospect, KY is between $3,770 and $4,862.

What type of rental buildings are in Prospect, KY?

In Prospect, 8% of the residents are renting compared to 92% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 10% of Prospect’s rentals, 78% are small-scale complexes with under 50 units, and 11% are single-family rentals.

What do typical apartment communities look like in Prospect, KY?

The average age of rental buildings in Prospect is 4 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.

What apartment floorplans are common in Prospect, KY?

Rental apartments in Prospect come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 38% of the total apartments in the city, while 2-bedroom floorplans represent around 48% of all rentals in Prospect. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

Living in Prospect, KY

Prospect is located in the northern part of Kentucky, lying near the Ohio River and close to Louisville, one of the state's largest cities. This proximity makes Prospect an attractive location for those who work in Louisville but prefer the quieter surroundings of a smaller community. Predominantly residential, Prospect has a growing number of businesses and services that cater to its affluent population.

The local economy benefits from a mix of sectors including retail, healthcare, and professional services, drawing renters from various professional backgrounds. For outdoor enthusiasts, the city offers scenic parks such as Putney Pond and Woodlands Park, which provide walking trails, fishing ponds, and picnic areas. Prospect's arts scene, while modest, includes local galleries and seasonal cultural events that foster a sense of community.

Historically, Prospect has maintained a serene and well-preserved environment with several homes and buildings of significant architectural interest. The city boasts a diverse range of dining options, from traditional American diners to international cuisine, reflecting its growing diversity.

Educational opportunities in Prospect are commendable, with several highly rated public and private schools serving the community. This emphasis on quality education makes the area especially appealing to families.

Renting in Prospect, KY

Prospect offers a variety of rental options, from modern apartments to spacious single-family homes. Architecturally, the area features a blend of traditional designs with modern constructions, appealing to a wide range of tastes. Neighborhoods such as Hunting Creek and Fox Harbor are noted for their proximity to golf courses and country clubs, making them popular among retirees and those seeking a quiet, upscale lifestyle.

Hillcrest and Estates of Hunting Creek are closer to local shopping areas and have easy access to public transportation routes to Louisville, attracting young professionals and families alike. Rental properties typically offer amenities such as pools, fitness centers, and community spaces, enhancing the appeal for residents seeking a blend of convenience and luxury.

Shopping in Prospect, KY

Prospect provides its residents with several shopping options that cater to both everyday needs and luxury preferences. The Prospect Village Shopping Center is a key destination, housing a variety of stores including fashion boutiques, home goods, and wellness services. For more unique shopping experiences, Norton Commons is a mixed-use development with an array of local crafts, artisanal food shops, and restaurants.

Common grocery chains such as Kroger and Walmart are readily available for daily necessities. Additionally, the city hosts occasional farmer’s markets that offer local produce and handmade goods, supporting local farmers and craftspeople.

Transportation in Prospect, KY

While Prospect is primarily car-dependent, there are public transportation options available primarily through the Louisville public transit system, TARC (Transit Authority of River City), which provides bus services connecting Prospect to major parts of Louisville. This network is particularly useful for commuters working in the downtown Louisville area.

For those traveling further afield, the Louisville International Airport is just a short drive away, offering both domestic and international flights. Prospect's roads are well-maintained, and with its scenic routes along the Ohio River, driving can be a pleasant part of living in this serene community.

Look for apartments near me

Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

RentCafe is your one-stop shop for finding a great new apartment in Prospect, KY. Easily search through a wide selection of apartments for rent in Prospect, KY, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Prospect, KY apartments with rents starting from $919 and submit your rental application today!

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!

1 BED	Ask for Pricing
2 BEDS	$1,075
3 BEDS	Ask for Pricing

STUDIO	Ask for Pricing
1 BED	$1,715+
2 BEDS	$2,412+

1 BED	$1,245+
2 BEDS	$1,465+

1 BED	Ask for Pricing
2 BEDS	$1,559+
3 BEDS	$2,127+

1 BED	Ask for Pricing
2 BEDS	$1,075
3 BEDS	Ask for Pricing

1 BED	$1,266+
2 BEDS	$1,518+

1 BED	$919+
2 BEDS	$1,217+
3 BEDS	$1,884+

1 BED	$1,200+
2 BEDS	$1,425+
3 BEDS	$1,650

1 BED	$1,530+
2 BEDS	$1,815+

Apartments for Rent in Prospect, KY 140 Rentals Available

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