Cheap Apartments for Rent in Prospect, KY from $600 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in Prospect.

Louisville's Best Affordable Neighborhoods

Learn about Louisville with original content written by our Louisville, KY Local Expert, Mike Heuer

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Showing Results 1-37, Page 1 of 1

Prospect, KY Local Guide

Cheapest Available Prospect Apartments for Rent

 

The cheapest available apartment rental in Prospect, KY is a 1 Bed unit found at Chamberlain Oaks in the Langdon Place neighborhood priced from $810. Hidden Creek in the Oak Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here is today’s list of the most affordable Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Chamberlain OaksOne Bedroom1BR,1BA$810
Hidden CreekOne Bed One Bath 8501BR,1BA$870
The Woods Apartments1st/2nd Floor Front1BR,1BA$899
Stonebridge ApartmentsSecond Floor 1Bed/1Bath1BR,1BA$995
Autumn Ridge Apartments1 Bedroom 1 Bathroom1BR,1BA$1,005
Wolf Run Park2Bedroom/2Bathroom 986 sqft2BR,2BA$1,035
Countrybrook Apartments1Bd 1Ba w/ Washer&Dryer Hookups1BR,1BA$1,049
Beech Grove ApartmentsThe Jefferson2BR,2BA$1,050
Ashton Brook1X11BR,1BA$1,059
Stonewater ApartmentsB2BR,1BA$1,075

Best Value Apartments for Rent in Prospect, KY

As of April 13, 2025 the best value apartment in the Prospect area is the $1.24 price per square foot B5R Model at Stonewater Apartments in the in the Outer East End neighborhood starting from $1,535. The second greatest value Prospect apartment is the B2 Model at The Legends Apartments starting at $1,458 with a $1.27 price per square foot in the Langdon Place neighborhood. Here is today’s list of the best values for Prospect apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonewater ApartmentsB5R2BR,2.5BA$1.24
The Legends ApartmentsB22BR,2BA$1.27
Rivers Edge Residences2 Beds, 2 baths2BR,2BA$1.10
Rolling HillsThe Splendor1BR,1BA$1.08
Wolf Run Park2Bedroom/2Bathroom 986 sqft2BR,2BA$1.05
Hidden CreekTwo Bed One Bath 9502BR,1BA$1.09
Springhurst East Apartments2 Bedroom Gold Premium2BR,1BA$1.14
Beech Grove ApartmentsThe Jefferson2BR,2BA$1.21
Stonebridge ApartmentsFirst Floor 1Bed/1Bath1BR,1BA$1.26
Chamberlain OaksOne Bedroom1BR,1BA$1.15

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Pet Friendly Lifestyle
Prospect, KY

Ranked #50

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Prospect, KY Rentals by Map

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See the most popular apartments and homes in Prospect, KY

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Getting Around Prospect, KY

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

10 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Prospect Apartments

How much is rent for a Cheap One Bedroom Prospect Apartment?

The lowest price for a Cheap One Bedroom Prospect Apartment is $810 at Chamberlain Oaks.

What is the lowest price for a Cheap Two Bedroom Prospect Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Prospect is starting from $930 at Chamberlain Oaks.

What is the most affordable Prospect Three Bedroom Apartment?

The best deal on a cheap Prospect Three Bedroom Apartment rental is at Chamberlain Oaks and starts from $1,200.

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.

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