Cheap Apartments for Rent in the Prospect Heights Neighborhood of Lancaster, PA from $800 (61 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Prospect Heights area of Lancaster.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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254 E Ross St, Unit 2
$1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200
3 Bedroom Apartment Available Jul 1

254 E Ross St, Unit 2

254 E Ross StLancaster, PA 17602
Cost Per Sq.Ft.
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property at 41 S Water St

$1,245

Total Monthly Price

Total Monthly Price

Base Rent
$1,245
Total Monthly Price
$1,245

2 Bedroom, 1 Bath Townhome for Rent

Available Now

41 S Water St, Unit #2

41 S Water St
LancasterPA17603
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Factory Apartments
$1,250 - $1,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $1,450
Total Monthly Price
$1,250 - $1,450
Studio to 1 Bedroom Apartments Available Now

Factory Apartments

616 S West End AveLancaster, PA 17603
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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522 E Chestnut St, Unit B
$1,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350
1 Bedroom Apartment Available Jul 6

522 E Chestnut St, Unit B

522 E Chestnut StLancaster, PA 17602
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Cash 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.

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Fremont Court
Studio to 1 Bedroom Apartments

Fremont Court

825 Fremont StLancaster, PA 17603
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Garden Court Apartments
1 to 3 Bedroom Apartments

Garden Court Apartments

100 S Marshall StLancaster, PA 17602
  • Utilities Included

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.

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10 Prince
Studio to 2 Bedroom Apartments

10 Prince

10 S Prince StLancaster, PA 17603
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Vinoy
1 Bedroom Apartments

Vinoy

325 North Duke StreetLancaster, PA 17602
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Prospect Heights, Lancaster, PA Local Guide

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 Factory Apartments priced from $1,250. Towne House Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here are the most affordable Prospect Heights apartments for rent in Lancaster, PA:

Apartment ListingModel NameBed/BathPriced From
Factory ApartmentsStudioStudio,1BA$1,250
Towne House Apartments1 Bedroom, 1 Bath E1BR,1BA$1,350
Buchanan Court2B 1B Apt2BR,1BA$1,350
Creekside North Apartments1 Bedroom CS1BR,1BA$1,350
Lancaster Court Apartments1BR/1BA1BR,1BA$1,395
Gallery 118DonatelloStudio,1BA$1,400
Ambassador ApartmentsOne Bedroom1BR,1BA$1,425

Best Value Apartments for Rent in Prospect Heights, PA

As of June 23, 2026 the best value apartment in the Prospect Heights area is the $1.18 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 $1,775. The second greatest value Prospect Heights apartment is the 2B 1.5 B twnhse Model at Fulton Market starting at $1,600 with a $1.17 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 ListingModel NameBed/BathPrice Per Sq.Ft.
116 S Prince St, Unit 116-2116 S Prince St4BR,1BA$1.18
Fulton Market2B 1.5 B twnhse2BR,1.5BA$1.17
Kensington ClubThe Barrington3BR,2BA$1.40
Barrcrest Apartment HomesTwo Bedroom Two Bath2BR,2BA$1.43
Windsor Court2 Bedrooms 1 Bath2BR,1.5BA$1.76
Lancaster Lofts ApartmentsArmstrong1BR,1BA$1.56
135 E Ross St, Unit 2135 E Ross St2BR,1BA$1.58
46 S Prince St, Unit 246 S Prince St1BR,1BA$1.08
The Villages of Lancaster GreenThe Rockford2BR,2BA$1.64
Creekside North Apartments2 Bedroom JR1BR,1BA$1.54

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Best Local Schools in
Prospect Heights, Lancaster, PA

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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 Factory Apartments listed at $1,250.

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 $1,350 at Buchanan Court.

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 $1,891.

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

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.