Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Prospect area can be challenging. Home prices in Prospect are now at a median cost of $494,766, higher than the Kentucky average of $164,895.
The average cost of rent is $1,576/mo in Prospect, primarily driven by the current value of real estate in the Prospect area. While nearly 32.14% of residents own their homes outright in Prospect, 6.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Prospect is $14,549 per month. Households that rent pay about 10.83% of their income on rent here. Prospect's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
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