
Cheap Apartments for Rent in the Prospect Heights Neighborhood of Lancaster, PA from $700 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Heights area of Lancaster.


218 E Liberty St

118 College Ave

10 Prince

East Side Village

44 S Prince St, Unit 3

446 N Duke St

430 S Queen St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

615 W Orange St

40 S Prince St, Unit 1

320 S Ann St

632-634 2nd St

703 N Queen St, Unit 2

534 N Plum St

Towne House Apartments

654.5 Columbia Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

709 N Duke St

337 W Orange St

Factory Apartments

132 College Ave

729 3rd St

Lancaster Court Apartments

319 N Charlotte St

30 S Prince St, Unit #1
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

825 Columbia Ave

Buchanan Court

346 College Ave, Unit 1st floor remodelled 2 bd

25 S West End Ave, Unit 2

Hardware Lofts, Lancaster, PA (#3356)

Fremont Court

Residences at Stevens School

Garden Court Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Waterford at Sterling Place Apartments

Vinoy

Stadium Row Apartments
Prospect Heights, Lancaster, PA Local Guide

How much does it cost to rent an apartment in Prospect Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Heights Studio Apartments | $1,490 | $989 | $2,384 |
| Prospect Heights 1 Bedroom Apartments | $1,667 | $895 | $3,089 |
| Prospect Heights 2 Bedroom Apartments | $1,993 | $1,175 | $3,510 |
| Prospect Heights 3 Bedroom Apartments | $1,930 | $1,200 | $3,600 |
| Prospect Heights 4 Bedroom Apartments | $1,850 | $1,850 | $1,850 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Prospect Heights Neighborhood of Lancaster, PA.
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Prospect Heights, Lancaster, PA Local Guide
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Cheapest Available Prospect Heights Apartments for Rent
 The cheapest available apartment rental in the Prospect Heights area of Lancaster, PA is a Studio unit found at The Intel priced from $1,195. Factory Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,250. Here are the most affordable Prospect Heights apartments for rent in Lancaster, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Intel | Studio | Studio,1BA | $1,195 |
| Factory Apartments | Studio | Studio,1BA | $1,250 |
| Lancaster Court Apartments | 1BR/1BA | 1BR,1BA | $1,295 |
| The Keppel Building | 1 Bed 1 Bath | 1BR,1BA | $1,325 |
| Ambassador Apartments | One Bedroom | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Prospect Heights, PA
As of February 06, 2026 the best value apartment in the Prospect Heights area is the $1.23 price per square foot 116 S Prince St Model at 116 S Prince St, Unit 116-2 in the in the Hawthorne Ridge neighborhood starting from $1,850. The second greatest value Prospect Heights apartment is the 2B 1.5 B twnhse Model at Fulton Market starting at $1,450 with a $1.06 price per square foot in the College Park neighborhood. Here is today’s list of the best values for Prospect Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 116 S Prince St, Unit 116-2 | 116 S Prince St | 4BR,1BA | $1.23 |
| Fulton Market | 2B 1.5 B twnhse | 2BR,1.5BA | $1.06 |
| Williamson Square (06wi) | 2BR/2.0BA | 2BR,2BA | $1.36 |
| Kensington Club | The Barrington | 3BR,2BA | $1.40 |
| Wheatland Arms (06wh) | 2BR/2.0BA | 2BR,2BA | $1.31 |
| Hawthorne Gardens | Peyton | 2BR,2BA | $1.43 |
| 30 S Prince St, Unit #1 | 30 S Prince St | 2BR,1BA | $1.33 |
| 703 N Queen St, Unit 2 | 703 N Queen St | 2BR,1BA | $1.21 |
| 40 S Prince St, Unit 1 | 40 S Prince St | 1BR,1BA | $1.22 |
| 44 S Prince St, Unit 3 | 44 S Prince St | 1BR,1BA | $1.12 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Prospect Heights, Lancaster, PA
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States including Prospect Heights, Lancaster, and the greater Lancaster area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Prospect Heights Apartments
What is the Cheapest Studio apartment in Prospect Heights?
Currently the most affordable Cheap Studio Apartment in Prospect Heights is at The Intel listed at $1,075.
How much is rent for a Cheap One Bedroom Prospect Heights Apartment?
The lowest price for a Cheap One Bedroom Prospect Heights Apartment is $1,275 at Factory Apartments.
What is the lowest price for a Cheap Two Bedroom Prospect Heights Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Prospect Heights is starting from $1,387 at The Villages of Lancaster Green.
What is the most affordable Prospect Heights Three Bedroom Apartment?
The best deal on a cheap Prospect Heights Three Bedroom Apartment rental is at Kensington Club and starts from $1,773.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.