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Cheap Apartments for Rent in Prospect KY - 70 Rentals

8010 Westover Dr Unit 8010 A Westover

8010 Westover Dr Unit 8010 A Westover, Prospect, KY 40059
1 / 21
$1,150

1 Bed, 1 Bath
Lyric at Norton Commons Apartments

6324 Meeting St, Prospect, KY 40059
1 / 55

Matterport 3D Tours
$1,618 - $3,409

Studio - 3 Beds, 1-2.5 Baths

Discounts
Veranda at Norton Commons

9506 Civic Way, Prospect, KY 40059
1 / 36

Videos

Matterport 3D Tours
$1,645 - $2,999

1-3 Beds

Specials

Pets Allowed Pool In Unit Washer & Dryer Maintenance on site Stainless Steel Appliances Granite Countertops Hardwood Floors
10606 Norton Commons Blvd

10606 Norton Commons Blvd, Prospect, KY 40059
1 / 5
$1,950

2 Beds, 1.5 Baths
10619 Meeting St Unit 204

10619 Meeting St Unit 204, Prospect, KY 40059
1 / 5
$2,400

2 Beds, 2 Baths
10619 Meeting St Unit 304

10619 Meeting St Unit 304, Prospect, KY 40059
1 / 5
$2,400

2 Beds, 2 Baths
8004 Harrods Landing Dr

8004 Harrods Landing Dr, Prospect, KY 40059
1 / 5
$2,400

2 Beds, 2.5 Baths
9419 Norton Commons Blvd Unit 405

9419 Norton Commons Blvd Unit 405, Prospect, KY 40059
1 / 5
$2,595

2 Beds, 2.5 Baths
7003 Green Spring Dr

7003 Green Spring Dr, Louisville, KY 40241
1 / 5
$2,800

3 Beds, 2.5 Baths
15 Harrods Landing Dr

15 Harrods Landing Dr, Prospect, KY 40059
1 / 5
$3,300

4 Beds, 2.5 Baths
15 Harrods Landing Dr

15 Harrods Landing Dr, Prospect, KY 40059
1 / 5
$3,300

4 Beds, 2.5 Baths
5 Autumn Hill Ct

5 Autumn Hill Ct, Prospect, KY 40059
1 / 5
$3,500

4 Beds, 2.5 Baths
6301 Meeting St Unit 203

6301 Meeting St Unit 203, Prospect, KY 40059
1 / 5
$3,500

3 Beds, 2.5 Baths
2903 Windward Ct

2903 Windward Ct, Prospect, KY 40059
1 / 5
$4,500

5 Beds, 3.5 Baths
12101 River Beauty Loop Unit 201

12101 River Beauty Loop Unit 201, Prospect, KY 40059
1 / 5
$5,000

3 Beds, 2 Baths
6218 Mistflower Cir

6218 Mistflower Cir, Prospect, KY 40059
1 / 5
$5,200

4 Beds, 3.5 Baths
6220 Mistflower Cir

6220 Mistflower Cir, Prospect, KY 40059
1 / 5
$6,500

4 Beds, 4 Baths

Kentucky Jefferson County Prospect

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Prospect, KY Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments in Prospect. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that a smaller apartment of fewer amenities are a fair trade-off. Rent prices in Prospect tend to be higher near the city center. For better deals, explore neighborhoods farther out where rents can be lower and apartment sizes may be larger. Look for areas with a higher number of available rental units — landlords with more vacancies are often more willing to offer incentives like lower rent or flexible lease terms. Keep an eye on listings for budget-friendly apartments that meet your core needs while offering a reasonable commute and access to the amenities you want.

Best Time to Find Cheap Apartments in Prospect KY

Timing your apartment search can make a big difference in securing a great deal. Apartments are typically more affordable during the winter months — December through March — when demand is lower. During this off-season, landlords may offer reduced rent, waived fees, or other specials to fill units quickly. Another smart time to search is at the end of the month, when lease turnover peaks and more units become available. Being flexible with your move-in timing could help you land a better price. Cheap apartments in Prospect tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.

Prospect, KY Rental Insights

Average Rent Rates

What is the average rent in Prospect, KY?

The average rent in Prospect is $1,731. When you rent an apartment in Prospect, you can expect to pay as little as $1,224 or as much as $2,499, depending on the location and the size of the apartment.

What is the average rent of a Studio apartment in Prospect, KY?

The average rent for a studio apartment in Prospect, KY is $1,224 per month.

What is the average rent of a 1 bedroom apartment in Prospect, KY?

The average rent for a one bedroom apartment in Prospect, KY is $1,731 per month.

What is the average rent of a 2 bedroom apartment in Prospect, KY?

The average rent for a two bedroom apartment in Prospect, KY is $2,222 per month.

What is the average rent of a 3 bedroom apartment in Prospect, KY?

The average rent for a three bedroom apartment in Prospect, KY is $2,499 per month.