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Prospect, KY Homes for Rent

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    Starting at $1,295 Per Month

    • 1 - 3 Beds

    9506 Civic Way, Prospect, KY 40059

    Veranda at Norton Commons Apartments offers sophisticated Southern living in the heart of the master-planned Norton Commons community. Choose from spacious one-, two-, and three-bedroom apartments featuring designer finishes that blend modern luxury with timeless style.Enjoy resort-style amenities crafted for relaxation and convenience, all while being steps from over 70 restaurants and

    Veranda at Norton Commons

    9506 Civic Way, Prospect, KY 40059
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    Starting at $2,225 Per Month

    • 2 - 3 Beds

    7307 Wigeon Way, Prospect, KY 40059

    Welcome to The Coop at River Road, where modern living meets the calm beauty of nature.Nestled in a setting inspired by the charm of the outdoors, The Coop at River Road offers a refreshing place to call home. Just minutes from Downtown Louisville, you'll enjoy easy access to the area's best dining, shopping, and entertainment while still coming home to a peaceful retreat. Our brand-new

    The Coop at River Road

    7307 Wigeon Way, Prospect, KY 40059
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    Starting at $1,606 Per Month

    • Studio - 3 Beds

    6324 Meeting St, Prospect, KY 40059

    Welcome home to Lyric at Norton Commons! Our apartments in Prospect, KY allow you to reside in comfort and sophistication while exploring the unique and dynamic culture of Norton Commons. Superior amenities, desirable services, and a well-connected address will enable you to indulge in all the urban conveniences you want without giving up on the peace you deserve. Offering a selection of studio,

    Lyric at Norton Commons Apartments

    6324 Meeting St, Prospect, KY 40059
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    $2,600

    Total Monthly Price

    • 4 Beds
    • 2.5 Baths
    • 2,050 Sq Ft
    • House for Rent

    5608 Merribrook Ln, Prospect, KY 40059

    Step into a world of warmth and comfort as you enter this welcoming living space, perfect for creating lasting memories with loved ones. The kitchen, with updated appliances, opens into the living room with vaulted ceilings and a gorgeous brick fireplace. French doors lead to the spacious patio and huge, fully-gated backyard. The first floor also boasts a formal dining room, generously-sized

    5608 Merribrook Ln, Prospect, KY 40059
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    $3,995

    Total Monthly Price

    • 4 Beds
    • 2.5 Baths
    • 2,732 Sq Ft
    • House for Rent

    5304 Wolfpen Woods Dr, Louisville, KY 40059

    COMPLETELY RENOVATED!!! MOVE-IN READY!!! PRICED COMPETITIVELY!!! Move into a home that truly feels brand new! Beautifully updated throughout with ALL NEW HARDWOOD, CARPET (in bedrooms) & FRESH PAINT throughout the entire home! Brand NEW quartz COUNTERTOPS & backsplash and all new, updated LIGHT FIXTURES & bathroom fixtures! Brand NEW APPLIANCES too! Beautifully updated with thoughtful

    5304 Wolfpen Woods Dr, Louisville, KY 40059
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    $2,650

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,450 Sq Ft
    • Condo for Rent

    9307 Norton Commons Blvd Unit 102, Prospect, KY 40059

    This is a great opportunity to rent a high-quality condo in the heart of Norton Commons. It's only a block away from Norton Commons city center where you can find many restaurants, shops, and more. This is a 1st floor unit of a four unit building where all the neighbors are either professional or retired or both! So, no stairs, but lots of peace and quiet! The unit comes furnished with all

    9307 Norton Commons Blvd Unit 102, Prospect, KY 40059
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    $1,450

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft
    • Condo for Rent

    13408 Prospect Glen Way Unit 1, Prospect, KY 40059

    Very nice 2 beds and 2 baths condo located in Prospect, North Oldham county, KY. It is very close to Goshen Elementary school.

    13408 Prospect Glen Way Unit 1, Prospect, KY 40059
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    $2,350

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,650 Sq Ft
    • House for Rent

    5715 Waveland Cir, Prospect, KY 40059

    *New Flooring**Freshly Painted*Serene 3-Bedroom Split Ranch Walkable to Norton CommonsWelcome to 5715 Waveland Circle. This well-maintained 1,650 sq. ft. single-family home in Prospect offers a perfect blend of privacy, comfort, and an unbeatable location. Availability: Targeted for August 1 move-in, with the potential to be available earlier depending on the timeline of

    5715 Waveland Cir, Prospect, KY 40059
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    $5,250 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,374 Sq Ft
    • House for Rent

    6218 Mistflower Cir, Prospect, KY 40059

    Looking to Experience Luxury Living in the Heart of Norton Commons North Village? Welcome to 6218 Mistflower Cir- A beautifully designed 3,400 sq ft home, perfectly situated in the sought-after North Village of Norton Commons. With a spacious open floor plan, 10-foot ceilings, and elegant arched transitions, this home offers both comfort and sophistication. A welcoming great room showcases a cozy

    Keren Benabou RE/MAX Premier Properties

    6218 Mistflower Cir, Prospect, KY 40059
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    $2,350 Per Month

    • 2 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • Stunning Like-New Norton Commons Fully Furnished Condo for Rent!

    6206 Mistflower Cir, Prospect, KY 40059

    Be the first to enjoy this beautifully maintained condo, barely lived in for just two weeks! Offering 2 spacious bedrooms, 2 full bathrooms, and 1,297 square feet of living space, this home combines modern luxury with everyday comfort.Inside, you'll find gorgeous hardwood flooring with added soundproofing, an open-concept living area, and a dedicated dining space perfect for entertaining.

    6206 Mistflower Cir, Prospect, KY 40059
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    $4,500 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,963 Sq Ft
    • House for Rent

    6409 Passionflower Dr, Prospect, KY 40059

    Custom finishes throughout this home and first floor primary bedroom. Floor plan is open and and luxurious. Gourmet kitchen with custom cabinets and Fisher & Paykel appliance package. Perfect for entertaining with the kitchen open to both the great room and dining area. An abundance of windows allow for natural light. The mudroom has custom built-in cubbies and adjoins the laundry room. The 2nd

    Adam Willis Keller Williams Collective

    6409 Passionflower Dr, Prospect, KY 40059
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    $2,800 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,240 Sq Ft
    • Welcome to this beautiful home in the desirable Wolf Trace Subdivision!

    9215 Eminence Ct, Prospect, KY 40059

    Welcome to this beautiful home in the highly desirable Wolf Trace Subdivision! Perfectly located near Norton Commons, the Summit/Paddock Shops, Springhurst shopping centers, and major expressways, this home offers both comfort and convenience for today’s lifestyle.This impeccably maintained two-story home features three spacious bedrooms and two and a half bathrooms, and has been recently

    9215 Eminence Ct, Prospect, KY 40059
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    $4,300 Per Month

    • 4 Beds
    • 3 Baths
    • 2,600 Sq Ft
    • House for Rent

    1949 Rivers Landing Dr, Prospect, KY 40059

    Desire to live in the award winning NORTH OLDHAM school district? Available for August. Welcome home to 1949 Rivers Landing Drive, located in the gated, sought-after community of Rivers Landing, situated between the Ohio River and a community 31 acre private lake. This well-appointed home offers 4 bedrooms, 3 full baths and a 2-car garage. MAIN floor living with no steps to front or garage entry.

    Linda Pope Renaissance Realty Group

    1949 Rivers Landing Dr, Prospect, KY 40059
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    $2,950 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,577 Sq Ft
    • Spacious 4-Bedroom Home in Prospect – Lawn Care Included!

    9406 Harlow Ct, Prospect, KY 40059

    Welcome home to this beautifully maintained 4-bedroom, 2.5-bath residence offering over 2,500 square feet of comfortable living space in the desirable Wolf Trace neighborhood of Prospect. With soaring ceilings, abundant natural light, and a thoughtfully designed floor plan, this home is perfect for everyday living and entertaining. The spacious kitchen comes fully equipped with

    9406 Harlow Ct, Prospect, KY 40059
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    $3,400 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,765 Sq Ft
    • House for Rent

    9409 Civic Way, Prospect, KY 40059

    Great rental in Norton Commons! Beautiful kitchen, covered rear porch, well sized rooms. The home has just been painted. Full unfinished basement with a 2 car garage. Plenty of parking around the home. Enjoy all the amenities of Norton Commons without having to own! Landlord prefers a 18 month minimum. Pet restrictions. Landlord pays HOA dues.

    Patrick Pollard Pollard Realty

    9409 Civic Way, Prospect, KY 40059
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    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Charming Prospect Cottage with Spacious Yard

    6407 Duroc Ave, Prospect, KY 40059

    Welcome home to this charming 2-bedroom, 1-bath residence nestled in the heart of highly desirable Prospect, KY. Offering approximately 900 square feet of comfortable living space, this well-maintained home blends character, functionality, and convenience in an unbeatable location.Inside, you'll find a bright and inviting living area, an eat-in kitchen perfect for everyday meals. The

    6407 Duroc Ave, Prospect, KY 40059
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    $9,500 Per Month

    • 5 Beds
    • 5 Baths
    • 6,181 Sq Ft
    • House for Rent

    14201 Reserves Cove Dr, Prospect, KY 40059

    An exceptional, executive lease opportunity! An absolutely stunning contemporary residence with unparalleled design and style in one of the most desirable locations in the Louisville area! Custom-designed and constructed by Castlebuilt Homes, ''Skyfall'' is a modern masterpiece nestled on over 1.3 verdant acres in the Reserve on Rose Island, a sought-after enclave of estate homes adjacent to the

    Logan Ormerod Lenihan Sotheby's Int'l Realty

    14201 Reserves Cove Dr, Prospect, KY 40059
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    $2,995 Per Month

    • 4 Beds
    • 3.5 Baths
    • 2,056 Sq Ft
    • House for Rent

    9216 Newbury Ct, Prospect, KY 40059

    Fabulous 4-Bedroom Home in Prime Location - Walk to Norton Commons! Welcome to your dream rental! Nestled in a delightful, family-friendly neighborhood, this spacious 4-bedroom, 3.5-bath single-family home offers the perfect blend of comfort and convenience. With 2,600 square feet of beautifully finished living space - including a brand-new basement with full bath - there is a room for everyone

    Brian Stocker Property Management of Louisville LLC

    9216 Newbury Ct, Prospect, KY 40059
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    $4,500 Per Month

    • 4 Beds
    • 3.5 Baths
    • 2,629 Sq Ft
    • House for Rent

    9507 Civic Way, Prospect, KY 40059

    Welcome to 9507 Civic Way, a beautifully maintained fully furnished 3 bedroom, 2.5 bath townhome located on the perimeter of the established - highly sought after, Norton Commons community. This 1,877-square-foot residence, built in 2017, offers a sophisticated blend of modern convenience and classic southern style. Gleaming hardwood floors flow throughout the main living level and extend to the

    Nick Miller Totally About Houses

    9507 Civic Way, Prospect, KY 40059

Why Live in Prospect

Prospect, Kentucky, is a unique city located along the Ohio River, just a few miles from Louisville. Known for its expansive homes and preserved green spaces, Prospect offers a variety of things to do, particularly for park lovers. Little Hunting Creek Park and Harrods Creek Park feature excellent hiking trails, playgrounds, and pavilions for community events. The city also boasts the Hunting Creek Country Club with its 18-hole championship golf course and fitness center. Residents enjoy riverside recreation, including activities at the Louisville Yacht Club. Dining options include Gustavo's Mexican Grill, known for its house margaritas and taco deals, and the Blackstone Grille, which offers classic American dishes. The local Butcher's Best meat market is also a popular spot for quality meats and homemade sides. Prospect hosts numerous community events, such as concerts and Shakespeare in the Park at Little Hunting Creek Park and a 4th of July celebration at Cowley Park. The city is split between Oldham County and Jefferson County for schools, with highly rated options like Ballard High School, North Oldham Middle School, and South Oldham High. With US-42 and Interstate 71 providing easy access, downtown Louisville is just 11 miles away, and the TARC bus system offers additional connectivity. Prospect's upscale atmosphere is reflected in its housing, with options ranging from two-bedroom condos to custom-built estates.

Frequently Asked Questions

How much does it cost to rent a home in Prospect, KY?
The median rent for a home in Prospect, KY is $3,097 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Prospect, KY?
To comfortably afford the median rent in Prospect, KY, a household needs to earn roughly $123,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,097 per month in Prospect, KY, renters typically need to show $9,291 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Prospect, KY?
In Prospect, KY, the price-to-rent ratio is 20.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Prospect, KY are best for renting a home?
The best neighborhood for renting in Prospect, KY depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Worthington, North Central Jefferson County, Lake Forest Beckley, O'Bannon and Clifton Heights, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
19
Median Rent
$3,097
Median Single Family Home Rent
$3,500
Median Townhouse Rent
$3,200
Median Condo Rent
$2,750
How to Rent a Home