Cheap Apartments for Rent in the Prospect Heights Neighborhood of Lancaster, PA from $700 (76 Rentals)

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

property at 114 S Queen St

$995 - $1,100

Studio To 1 Bedroom Rentals

Available Now

114 S Queen St

LancasterPA17603

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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property at 520 Fremont St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

1 Bedroom, 1 Bath Townhome for Rent

Available Now

520 Fremont St

LancasterPA17603

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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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

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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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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Manor House Apartments
$1,500 - $3,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $3,720
Total Monthly Price
$1,500 - $3,720
1 to 3 Bedroom Apartments Contact Us For Availability

Manor House Apartments

1415 Spencer AveLancaster, PA 17603
Senior Living
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  • Utilities Included
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Fremont Court
Studio to 1 Bedroom Apartments

Fremont Court

825 Fremont StLancaster, PA 17603

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.

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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. The Villages of Lancaster Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,288. Here are the most affordable Prospect Heights apartments for rent in Lancaster, PA:

Apartment ListingModel NameBed/BathPriced From
Factory ApartmentsStudioStudio,1BA$1,250
The Villages of Lancaster GreenThe Hamilton1BR,1BA$1,288
Creekside North Apartments1 Bedroom CS1BR,1BA$1,350
Towne House Apartments1 Bedroom, 1 Bath G1BR,1BA$1,350
Lancaster Court Apartments1BR/1BA1BR,1BA$1,395
Ambassador ApartmentsOne Bedroom1BR,1BA$1,425

Best Value Apartments for Rent in Prospect Heights, PA

As of May 09, 2026 the best value apartment in the Prospect Heights area is the $0.80 price per square foot 15 Wabank Rd Model at 15 Wabank Rd, Unit D in the in the Cabbage Hill neighborhood starting from $1,600. The second greatest value Prospect Heights apartment is the 116 S Prince St Model at 116 S Prince St, Unit 116-2 starting at $1,775 with a $1.18 price per square foot in the Hawthorne Ridge 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.
15 Wabank Rd, Unit D15 Wabank Rd3BR,2BA$0.80
116 S Prince St, Unit 116-2116 S Prince St4BR,1BA$1.18
Kensington ClubThe Winchester2BR,2BA$1.42
218 E Orange St, Unit Apt. 2218 E Orange St2BR,1BA$1.35
Wheatland Arms (06wh)2BR/2.0BA2BR,2BA$1.31
104 Ruby St, Unit Ruby Street #2104 Ruby St2BR,1BA$1.38
81 S Pearl St, Unit #281 S Pearl St3BR,1BA$1.50
562 W Orange St, Unit 1562 W Orange St2BR,1BA$1.50
46 S Prince St, Unit 246 S Prince St1BR,1BA$1.08
44 S Prince St, Unit 344 S Prince St1BR,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.

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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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Quick 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.

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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 $1,450 at Creekside North Apartments.

What is the most affordable Prospect Heights Three Bedroom Apartment?

The best deal on a cheap Prospect Heights Three Bedroom Apartment rental is at Gallery 118 and starts from $4,243.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.