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Newest Homes for Rent in Prospect, KY

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    Starting at $1,345 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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    Starting at $1,395 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
  • /32

    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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    $1,750

    Total Monthly Price

    • 5 Beds
    • 5 Baths
    • 4,416 Sq Ft
    • House for Rent

    8720 Featherbell Blvd, Prospect, KY 40059

    Located in the highly sought after neighborhood of Norton Commons. This beautiful home greets you with an open floor plan and plenty of custom details throughout. The spacious kitchen features Bosch and Jenn-Air appliances, large contrasting quartz island and a separate wet bar for entertaining. The first floor master suite includes vaulted ceilings, individual closets, a soaking tub and an

    8720 Featherbell Blvd, Prospect, KY 40059
  • /30

    $2,800 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,240 Sq Ft
    • House for Rent

    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 two-story home features three spacious bedrooms and two and a half bathrooms, and has been recently updated with new

    9215 Eminence Ct, Prospect, KY 40059
  • /32

    $2,850 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,577 Sq Ft
    • House for Rent

    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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    $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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    $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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    $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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    $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
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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

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 $2,725 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 $109,000 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 $2,725 per month in Prospect, KY, renters typically need to show $8,175 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 22.8, 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
11
Median Rent
$2,725
Median Single Family Home Rent
$3,400
Median Townhouse Rent
$3,200
Median Condo Rent
$2,650
How to Rent a Home