Cheap Homes for Rent in Prospect Heights Neighborhood of Lancaster, PA from $700 (10 Rentals)

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

property at 156 E Walnut St

156 E Walnut St

LancasterPA17602

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.

property at 40 W James St

40 W James St

LancasterPA17603

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.

property at 340 College Ave

340 College Ave

LancasterPA17603

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 1 Bed unit found at Waterford at Sterling Place Apartments priced from $1,066. The Intel has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable Prospect Heights apartments for rent in Lancaster, PA:

Apartment ListingModel NameBed/BathPriced From
Waterford at Sterling Place ApartmentsOne Bedroom1BR,1BA$1,066
The Intel0BR/1.0BAStudio,1BA$1,195
Creekside North Apartments1 Bed / 1 Bath1BR,1BA$1,250

Best Value Apartments for Rent in Prospect Heights, PA

As of May 28, 2025 the best value apartment in the Prospect Heights area is the $1.27 price per square foot 2BR/2.0BA Model at Wheatland Arms (06wh) in the in the Hawthorne Ridge neighborhood starting from $1,645. The second greatest value Prospect Heights apartment is the Two Bedroom Two Bath Model at Barrcrest Apartment Homes starting at $1,655 with a $1.38 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.
Wheatland Arms (06wh)2BR/2.0BA2BR,2BA$1.27
Barrcrest Apartment HomesTwo Bedroom Two Bath2BR,2BA$1.38
Kensington ClubThe Dorchester1BR,1BA$1.11
Williamson Square (06wi)2BR/1.5BA2BR,1.5BA$1.53
40 S Prince St, Unit #2nd floor40 S Prince St2BR,1BA$1.25
716 E King St, Unit 716 East King st716 E King St1BR,1BA$1.30
Hawthorne GardensPeyton2BR,2BA$1.65
241A N Queen St1 Bedroom 1 Bathroom1BR,1BA$1.48
Creekside North Apartments1 Bed /1Bath/Den-1BR,1BA$1.44
Waterford at Sterling Place ApartmentsOne Bedroom1BR,1BA$1.64

Quick Rent Budget Calculator

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Frequently Asked Questions about Prospect Heights

What type of rentals are currently available in Prospect Heights?

There are currently 238 Apartments for Rent in Prospect Heights, PA with pricing that ranges from $845 to $3,405. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Heights ranging from $700 to $2,650.

What is the current price range for Rental Homes in Prospect Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Heights ranges from $700 to $2,650 with an average monthly rent of $1,529.

How much are larger Three and Four Bedroom Rentals in Prospect Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect Heights range from $1,325 to $3,018, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,245 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,624.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.