Median Age
54 Years
Largest Age Group
65-74 Years
Approximately 17% of Residents
Under 20
18%
Over 65
33%
Prospect
Prospect, KY Area Guide
Avg Rent
$1,676
Population
4,219
Renter Mix
9% Rent
Bask in the small-town charm of this picturesque suburb
Family-Friendly
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Suburban
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Riverside
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Luxurious
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Upscale
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Convenient
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Charming
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Picturesque
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Situated about ten miles northeast of Louisville, Prospect offers residents a peaceful enclave on the cusp of the many exciting amenities of downtown Louisville. Spacious, picturesque neighborhoods and classic brick buildings contribute to Prospect’s small-town charm as well as a popular volunteer-run library at City Hall, offering an expansive array of books and audiobooks.
Consistently ranked among the best places to live in Kentucky, Prospect contains exceptional public schools, well-maintained public areas, and four scenic parks. Prospect’s city parks preserve acres of natural beauty while providing residents access to several hiking trails, resting areas, Harrod’s Creek, Putney Pond, and plenty of wildlife. Hunting Creek Country Club is also located in Prospect, equipped with an 18-hole golf course, swimming pool, tennis court, and multiple dining options. Getting around from Prospect is easy with access to U.S. 42, Route 841, I-71, I-265, and Louisville International Airport.
Demographics
Median Household Income
$158,301
Average: $175,963
Education
2,322
Residents Have a Degree
Job Market
1,974
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Prospect has more homeowners than renters.
Renters
9%
Non-Renters
91%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
53%
Other Education
47%
Rent Trends
As of May 2026, the average apartment rent in Prospect, KY is $1,451 for a studio, $1,674 for one bedroom, $2,238 for two bedrooms, and $2,763 for three bedrooms. Apartment rent in Prospect has decreased by -5.9% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,674/month
725 Sq Ft
House
$4,825/month
3,405 Sq Ft
Condo
$1,775/month
1,164 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Prospect, KY is for everyday living.
Somewhat Walkable
Walkability
20
/ 100
Exceptionally Drivable
Drivability
90
/ 100
Somewhat Bikeable
Bikeability
30
/ 100
Scores provided by
Schools
Goshen At Hillcrest Elementary School
Public
Grades K-5
631 Students
Public
Grades PK-5
603 Students
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Creasey Mahan Nature Preserve
- Foxhollow Farm Center
- E.P. ""Tom"" Sawyer State Park
- Yew Dell Gardens
- Charlestown State Park
Military Bases
Airports
- Louisville Muhammad Ali International
Top Apartments in Prospect
Houses for Rent in Prospect
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.