2-Bedroom Apartment Rent in Prospect, KY
Median asking rent for a 2-bedroom apartment in Prospect, Kentucky as of October 2026. That's +16% lower than the citywide median of $2,382 and +21% above the national 2-bedroom median of $1,657.
Income needed for a 2-bedroom in Prospect
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Prospect
Compare Prospect's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Kentucky
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Franklin | $876 |
| 2 | Corbin | $900 |
| 3 | Bardstown | $920 |
| 4 | Glasgow | $920 |
| 5 | Richmond | $950 |
| 6 | Radcliff | $1,010 |
| 7 | Lawrenceburg | $1,020 |
| 8 | Paducah | $1,050 |
| 9 | Nicholasville | $1,060 |
| 10 | Winchester | $1,060 |
| 11 | Murray | $1,080 |
| 12 | Hopkinsville | $1,130 |
| 13 | Elizabethtown | $1,140 |
| 14 | Georgetown | $1,140 |
| 15 | Southgate | $1,150 |
Most expensive cities for a 2-bedroom in Kentucky
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Prospect (this page) | $2,000 |
| 2 | Hebron | $1,670 |
| 3 | Burlington | $1,580 |
| 4 | Independence | $1,500 |
| 5 | Florence | $1,430 |
| 6 | Louisville | $1,408 |
| 7 | La Grange | $1,370 |
| 8 | Cold Spring | $1,330 |
| 9 | Erlanger | $1,300 |
| 10 | Fort Thomas | $1,290 |
| 11 | Alexandria | $1,280 |
| 12 | Lexington | $1,261 |
| 13 | Fort Wright | $1,236 |
| 14 | Shepherdsville | $1,230 |
| 15 | Oak Grove | $1,200 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Prospect.
| City | Distance | 2-Bedroom rent | vs Prospect |
|---|---|---|---|
| Jeffersonville, IN | 7.3 mi | $1,350 | $-650 (-32%) |
| Charlestown, IN | 7.9 mi | $1,200 | $-800 (-40%) |
| Louisville, KY | 12.2 mi | $1,408 | $-592 (-30%) |
| Clarksville, IN | 12.5 mi | $1,240 | $-760 (-38%) |
| Sellersburg, IN | 12.8 mi | $1,460 | $-540 (-27%) |
| La Grange, KY | 14.2 mi | $1,370 | $-630 (-31%) |
| New Albany, IN | 18.3 mi | $1,270 | $-730 (-36%) |
| Shepherdsville, KY | 27.1 mi | $1,230 | $-770 (-38%) |
| Shelbyville, KY | 28.4 mi | $1,180 | $-820 (-41%) |
| Bardstown, KY | 39.3 mi | $920 | $-1,080 (-54%) |
| Radcliff, KY | 44.3 mi | $1,010 | $-990 (-49%) |
| Elizabethtown, KY | 48.2 mi | $1,140 | $-860 (-43%) |
2-Bedroom rent in Prospect — common questions
How much is a 2-bedroom apartment in Prospect?
As of October 2026, the median 2-bedroom apartment rent in Prospect, Kentucky is $2,000 per month. This is +16% below the citywide median of $2,382.
What income do you need to afford a 2-bedroom in Prospect?
Using the standard 30% rent-to-income rule, you would need an annual income of about $80,000 ($6,667/month gross), which works out to roughly $38.46/hour at a full-time job.
Is Prospect expensive for a 2-bedroom compared to the rest of the US?
Prospect's 2-bedroom median of $2,000 is +21% above the national 2-bedroom median of $1,657. It ranks in the 68th percentile of US cities tracked.
How does Prospect rank for 2-bedroom rent in Kentucky?
Among the 38 cities in Kentucky with 2-bedroom data, Prospect ranks #38 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Prospect?
Yes — nearby cities with cheaper 2-bedroom rents include Jeffersonville ($1,350), Charlestown ($1,200), Louisville ($1,408).