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Apartments for rent in Prospect, KY

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Local Guide

See what Prospect, KY has to offer.

All About

Living in Prospect, KY

A small town in Kentucky, Prospect has a population of just under 5,000. Middle-aged professionals should feel right at home, as they make up an above-average percentage of the community, while young professionals are less well-represented. Overall, the town's residents, at an average age of just over 46, are decidedly older than most cities in Kentucky. Only 6% of residents rent in Prospect, as home ownership is common in the town. With an average rent of $1,184/month, exceeding the state average by $403/month, relatively high rent costs could be a factor in the higher levels of ownership.

Prospect residents have an average commute of about 25 minutes. Many residents (45%) drive their own vehicle to work, while public transit isn't extensively used. A small percentage of commuters walk to work.

There are three primary industries in Prospect: healthcare, scientific, and retail. Combined, these industries make up 27% of the workforce in the town. Meanwhile, in terms of job function, many of the town's residents work in sales, which ranks as the top career path in the town. Prospect workers bring in an average annual income of about $126,000, about $64,000 more than the Kentucky average. The town's average income also compares favorably to the national average of $73,345. Compared to the national average (7%), Prospect has a large concentration of residents older than 25 who have advanced degrees, as 17% possess a Master's degree or a Doctoral degree. Further, 25% possess a Bachelor's degree, which also outpaces the national average.

What Renters Like and Dislike

What Renters Like and Dislike About Prospect

The elementary school is highly recommend and is very near my home. We are very close to shopping and entertainment.

Who Lives Here

Prospect Demographics

Education

High School

8%

Associate's

13%

Bachelor's

25%

Master's

13%

Doctorate

40%

Family Size

2 people

58%

3 people

19%

4 people

14%

5 people

7%

6+ people

2%

Household Income

0-50k

18%

50-100k

22%

100-150k

14%

150-200k

16%

200k+

30%

Age

0-10

7%

10-20

14%

20-45

15%

45-65

37%

65+

27%

Affordability

How expensive is it in Prospect?

Percentage: 3/53/5

Renters gave this area a 3 out of 5 for affordability

Rent Trends

Studio1 Bed2 Beds3 Beds
-----
Sep '23-$1449$1799$2049
Aug '23-$1449$1799$2049
Jul '23-$1449$1799$2049
Jun '23-$1449$1799$2049
May '23-$1449$1799$2049
Apr '23-$1449$1799$2049
Mar '23-$1449$1799$2049
Feb '23-$1449$1799$2049
Jan '23-$1449$1799$2049
Dec '22-$1449$1799$2049
Nov '22-$1449$1799$2049
Oct '22-$1449$1799$2049

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Getting Around Prospect

Prospect Transportation

Commute Time

0-15 Mins

18%

15-30 Mins

52%

30-40 Mins

21%

40-60 Mins

6%

60+ Mins

3%

Transportation Scores

Percentage: 2626

Walk Score®

Walkable

No

Say 5 of 8 renters

Has Sidewalks

Yes

Say 6 of 8 renters

Percentage: 3232

Bike Score®

Bike Friendly

Yes

Say 7 of 8 renters

Percentage: 1313

Transit Score®

They Are Located Near Public Transportation

No

Say 5 of 8 renters

Need A Car

No

Say 6 of 8 renters

Top Scores: Grocery, Restaurant, Coffee

Things To Do In Prospect

Top Score

Grocery Stores

2/5 stars based on undefined reviews

The food shops around here are few and far between.

  1. A high number of grocery stores per resident
  2. 73% fewer grocery stores than average
  3. 21% fewer grocery stores than areas of a similar size

Restaurants

2/5 stars based on undefined reviews

Prospect serves up a dining scene that's only lukewarm.

  1. A high number of restaurants per resident
  2. 51% fewer restaurants than average
  3. 45% more restaurants than areas of a similar size

Coffee

2/5 stars based on undefined reviews

The coffee scene is lukewarm in Prospect.

  1. A high number of coffee shops per resident
  2. 82% fewer coffee shops than average
  3. A standard number of coffee shops compared to areas of a similar size

Nightlife

2/5 stars based on undefined reviews

You'll need to stock up the mini-bar. Prospect is running dry.

  1. A high number of bars and clubs per resident
  2. 70% fewer bars and clubs than average
  3. 23% fewer bars and clubs than areas of a similar size

Parks

2/5 stars based on undefined reviews

Not too many park perks in Prospect.

  1. Few parks per resident
  2. 100% fewer parks than average
  3. 100% fewer parks than areas of a similar size

Retail Shops

2/5 stars based on undefined reviews

The retail inventory is low in Prospect.

  1. Few shops per resident
  2. 100% fewer shops than average
  3. 100% fewer shops than areas of a similar size

Health and Fitness

2/5 stars based on undefined reviews

You'll have to workout somewhere else to keep fit.

  1. A high number of gyms per resident
  2. 49% fewer gyms than average
  3. 11% more gyms than areas of a similar size

Pet Services

2/5 stars based on undefined reviews

Prospect could do with more oppawtunities for pets.

  1. A high number of pet facilities per resident
  2. 11% more pet facilities than average
  3. 80% more pet facilities than areas of a similar size

Fine Arts

2/5 stars based on undefined reviews

You gotta Van Gogh somewhere else for art.

  1. A high number of fine art centers per resident
  2. 50% fewer fine art centers than average
  3. 67% more fine art centers than areas of a similar size

Medical Care

2/5 stars based on undefined reviews

We have a bone to pick with this Prospect's access to medical care.

  1. Few medical facilities per resident
  2. 100% fewer medical facilities than average
  3. 100% fewer medical facilities than areas of a similar size

Gas Stations

2/5 stars based on undefined reviews

Honk if you see a gas station.

  1. Few gas stations per resident
  2. 100% fewer gas stations than average
  3. 100% fewer gas stations than areas of a similar size

What Renters Are Saying

Prospect Features

Area Has Litter

No

Say 8 of 8 renters

Pet Friendly

Yes

Say 8 of 8 renters

Area Has Potholes

No

Say 8 of 8 renters

Good Place To Raise A Family

Yes

Say 8 of 8 renters

Noise Late At Night

No

Say 7 of 8 renters

Near Grocery Stores

Yes

Say 7 of 8 renters

Safe For Families

Yes

Say 7 of 8 renters

Busy Streets

No

Say 6 of 8 renters

Mostly Older Buildings

No

Say 6 of 8 renters

Near Highways

Yes

Say 6 of 8 renters

Near Schools

Yes

Say 6 of 8 renters

Quiet Area

Yes

Say 6 of 8 renters

Maintained Yards

Yes

Say 6 of 8 renters

Area Has Kids Play Outside

Yes

Say 5 of 8 renters

Tree Lined Streets

Yes

Say 5 of 8 renters

Well Lit

Yes

Say 5 of 8 renters

Mostly Newer Buildings

Yes

Say 4 of 8 renters

Nearby Parks

No

Say 5 of 8 renters

Nice Views

No

Say 6 of 8 renters

Near Downtown

No

Say 8 of 8 renters

Prospect Education

Schools

Percentage: 4/54/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Prospect

8/10

Goshen Elementary School

Grades K-5 • Public

6/10

Norton Commons Elementary School

Grades PK-5 • Public

8/10

Norton Elementary School

Grades K-5 • Public

8/10

Utica Elementary School

Grades PK-5 • Public

7/10

Harmony Elementary School

Grades K-5 • Public

5/10

Dunn Elementary School

Grades K-5 • Public

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

All About

Living in Prospect, KY

A small town in Kentucky, Prospect has a population of just under 5,000. Middle-aged professionals should feel right at home, as they make up an above-average percentage of the community, while young professionals are less well-represented. Overall, the town's residents, at an average age of just over 46, are decidedly older than most cities in Kentucky. Only 6% of residents rent in Prospect, as home ownership is common in the town. With an average rent of $1,184/month, exceeding the state average by $403/month, relatively high rent costs could be a factor in the higher levels of ownership.

Prospect residents have an average commute of about 25 minutes. Many residents (45%) drive their own vehicle to work, while public transit isn't extensively used. A small percentage of commuters walk to work.

There are three primary industries in Prospect: healthcare, scientific, and retail. Combined, these industries make up 27% of the workforce in the town. Meanwhile, in terms of job function, many of the town's residents work in sales, which ranks as the top career path in the town. Prospect workers bring in an average annual income of about $126,000, about $64,000 more than the Kentucky average. The town's average income also compares favorably to the national average of $73,345. Compared to the national average (7%), Prospect has a large concentration of residents older than 25 who have advanced degrees, as 17% possess a Master's degree or a Doctoral degree. Further, 25% possess a Bachelor's degree, which also outpaces the national average.