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Rent by ZIP · Oldham County

Rent in Prospect, KY 40059

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,910 (0% vs FY2026). Renters in this ZIP code pay a median $2,006 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,460$1,450+0.7%$1,314–1,606–
1 bedroom$1,580$1,570+0.6%$1,422–1,738$1,205 ±$476
2 bedrooms$1,910$1,9100%$1,719–2,101$2,310 ±$153
3 bedrooms$2,440$2,4400%$2,196–2,684$1,785 ±$163
4 bedrooms$2,810$2,840-1.1%$2,529–3,091–

Small Area FMRs for the Louisville, KY-IN HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Louisville, KY-IN HUD Metro FMR Area, 2 bedrooms: $1,276.

What renters pay in 40059

Median gross rent$2,006±$306 · all sizes
Renter households1,04013% of occupied homes
No cash rent52households

How rents are spread

Under $1,0000%
$1,000–1,49931%
$1,500–1,99919%
$2,000–2,49927%
$2,500–2,9995%
$3,000–3,49911%
$3,500+8%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
40058Port Royal$1,010–
40060Raywick$960$648
40057Pleasureville$1,390$847
40056Pewee Valley$1,560–
40055Pendleton$1,400–
40065Shelbyville$1,160$1,056

Fair Market Rents across Oldham County, KY · All KY counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.