4+ Bedroom Apartment Rent in Prospect, KY
Median asking rent for a 4+ bedroom apartment in Prospect, Kentucky as of July 2026. That's +28% higher than the citywide median of $2,343 and +19% above the national 4+ bedroom median of $2,520.
Income needed for a 4+ 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 4+ 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 4+ bedroom in Kentucky
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Corbin | $1,300 |
| 2 | Richmond | $1,420 |
| 3 | Murray | $1,430 |
| 4 | Morehead | $1,450 |
| 5 | Russellville | $1,460 |
| 6 | Lawrenceburg | $1,520 |
| 7 | Owensboro | $1,530 |
| 8 | Bardstown | $1,540 |
| 9 | Nicholasville | $1,630 |
| 10 | Paris | $1,630 |
| 11 | Versailles | $1,630 |
| 12 | Winchester | $1,630 |
| 13 | Newport | $1,700 |
| 14 | Radcliff | $1,700 |
| 15 | Dayton | $1,740 |
Most expensive cities for a 4+ bedroom in Kentucky
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Prospect (this page) | $2,990 |
| 2 | Hebron | $2,450 |
| 3 | Burlington | $2,310 |
| 4 | Vine Grove | $2,270 |
| 5 | Independence | $2,200 |
| 6 | Louisville | $2,104 |
| 7 | Florence | $2,090 |
| 8 | Oak Grove | $2,020 |
| 9 | Cold Spring | $1,950 |
| 10 | Lexington | $1,929 |
| 11 | Hopkinsville | $1,910 |
| 12 | Elizabethtown | $1,910 |
| 13 | Erlanger | $1,900 |
| 14 | Fort Thomas | $1,890 |
| 15 | Alexandria | $1,880 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 4+ bedroom rents than Prospect.
| City | Distance | 4+ Bedroom rent | vs Prospect |
|---|---|---|---|
| Jeffersonville, IN | 7.3 mi | $2,020 | $-970 (-32%) |
| Charlestown, IN | 7.9 mi | $1,790 | $-1,200 (-40%) |
| Louisville, KY | 12.2 mi | $2,104 | $-886 (-30%) |
| Clarksville, IN | 12.5 mi | $1,850 | $-1,140 (-38%) |
| Sellersburg, IN | 12.8 mi | $2,180 | $-810 (-27%) |
| New Albany, IN | 18.3 mi | $1,900 | $-1,090 (-36%) |
| Shepherdsville, KY | 27.1 mi | $1,840 | $-1,150 (-38%) |
| Shelbyville, KY | 28.4 mi | $1,760 | $-1,230 (-41%) |
| Bardstown, KY | 39.3 mi | $1,540 | $-1,450 (-48%) |
| Radcliff, KY | 44.3 mi | $1,700 | $-1,290 (-43%) |
| Elizabethtown, KY | 48.2 mi | $1,910 | $-1,080 (-36%) |
| Lawrenceburg, KY | 49.2 mi | $1,520 | $-1,470 (-49%) |
4+ Bedroom rent in Prospect — common questions
How much is a 4+ bedroom apartment in Prospect?
As of July 2026, the median 4+ bedroom apartment rent in Prospect, Kentucky is $2,990 per month. This is +28% higher than the citywide median of $2,343.
What income do you need to afford a 4+ bedroom in Prospect?
Using the standard 30% rent-to-income rule, you would need an annual income of about $119,600 ($9,967/month gross), which works out to roughly $57.50/hour at a full-time job.
Is Prospect expensive for a 4+ bedroom compared to the rest of the US?
Prospect's 4+ bedroom median of $2,990 is +19% above the national 4+ bedroom median of $2,520. It ranks in the 67th percentile of US cities tracked.
How does Prospect rank for 4+ bedroom rent in Kentucky?
Among the 37 cities in Kentucky with 4+ bedroom data, Prospect ranks #37 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Prospect?
Yes — nearby cities with cheaper 4+ bedroom rents include Jeffersonville ($2,020), Charlestown ($1,790), Louisville ($2,104).