Cheap Apartments for Rent in the Prospect Hill Back Bay Neighborhood of Lawrence, MA from $900 (36 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Prospect Hill Back Bay area of Lawrence.

property at 229 Jackson St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

229 Jackson St

LawrenceMA01841
close
View Me
Pac10 Lofts
$1,895 - $2,095
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,895 - $2,095

Total Monthly Price
$1,895 - $2,095
1 to 3 Bedroom Apartments Available Now

Pac10 Lofts

300 Methuen StLawrence, MA 01840
Luxury
  • Verified
  • Utilities Included
  • Low Income

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.

property at 50 Common St

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

3 Bedroom, 1 Bath Home for Rent

Available Now

50 Common St

LawrenceMA01840
property at 50 1/2 Common St

$2,250

Total Monthly Price

Total Monthly Price

Base Rent
$2,250

Total Monthly Price
$2,250

3 Bedroom Rentals

Available Now

50 1/2 Common St

LawrenceMA01840

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.

property at 30 Lawrence St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 5 Bath Condo for Rent

Available Now

30 Lawrence St

LawrenceMA01840
close
View Me
Washington Mills
Studio to 2 Bedroom Apartments

Washington Mills

270 Canal StLawrence, MA 01840
close
View Me
215 Canal St
1 to 3 Bedroom Apartments

215 Canal St

215 Canal StLawrence, MA 01840
Corporate Housing
  • Utilities Included
close
View Me
The Jav
1 to 2 Bedroom Apartments

The Jav

115-125 Essex StLawrence, MA 01840
Corporate Housing
  • Utilities Included
close
View Me
Stone Mill Lofts
1 to 3 Bedroom Apartments

Stone Mill Lofts

72 General StLawrence, MA 01840

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.

property at 23 Saunders St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Home for Rent

Available Now

23 Saunders St

North AndoverMA01845
close
View Me
117 Swan St, Unit 2, Unit 2
$2,400
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400
3 Bedroom Apartment Available Now

117 Swan St, Unit 2, Unit 2

117 Swan StMethuen, MA 01844
  • Smoke Free
close
View Me
Avalon North Andover
Rent Specials
$2,590 - $4,320
Total Monthly Price

Total Monthly Price

Base Rent
$2,525 - $4,255
Required Monthly Fees
$65

Total Monthly Price
$2,590 - $4,320
Studio to 3 Bedroom Apartments Available Now

Avalon North Andover

88 High StNorth Andover, MA 01845
Furnished
  • Verified
  • Smoke Free
property at 47 Main St

$2,900

Total Monthly Price

Total Monthly Price

Base Rent
$2,900

Total Monthly Price
$2,900

3 Bedroom, 1 Bath Home for Rent

Available Now

47 Main St

North AndoverMA01845
property at 12-14-14 Wayside Ave

$3,200

Total Monthly Price

Total Monthly Price

Base Rent
$3,200

Total Monthly Price
$3,200

3 Bedroom, 1 Bath Home for Rent

Available Now

12-14-14 Wayside Ave

MethuenMA01844
property at 93 Main St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Condo for Rent

Available Now

93 Main St, Unit 3, Unit 3

93 Main St
North AndoverMA01845
property at 30 Maple Ave

$3,200

Total Monthly Price

Total Monthly Price

Base Rent
$3,200

Total Monthly Price
$3,200

3 Bedroom, 1 Bath Home for Rent

Available Now

30 Maple Ave

North AndoverMA01845

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.

Prospect Hill Back Bay, Lawrence, MA Local Guide

Cheapest Available Prospect Hill Back Bay Apartments for Rent

 

The cheapest available apartment rental in the Prospect Hill Back Bay area of Boston, MA is a 1 Bed unit found at 141 Amesbury St priced from $1,695. 226Common - New Luxury Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,875. Here are the most affordable Prospect Hill Back Bay apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
141 Amesbury StOne Bedroom1BR,1BA$1,695
226Common - New Luxury ApartmentsBella1BR,1BA$1,875
Pac10 LoftsD1 – 1 Bedroom 1 Bathroom Loft - Workforce/Moderat1BR,1BA$1,895
Museum SquareThe Essex1BR,1BA$1,900
Legacy Park Apartments1 Bedroom1BR,1BA$1,925
Pacific Mill Lofts1 Bed 1 Bath1BR,1BA$1,995
Riverwalk ApartmentsStudio - S2Studio,1BA$2,010
Riverwalk LoftsOne Bedroom Loft Standard1BR,1BA$2,100
Washington MillStudiosStudio,1BA$2,116

Best Value Apartments for Rent in Prospect Hill Back Bay, MA

As of April 24, 2026 the best value apartment in the Prospect Hill Back Bay area is the $0.68 price per square foot 5 Cornish St Model at 5 Cornish St in the in the South West Lawrence neighborhood starting from $2,500. The second greatest value Prospect Hill Back Bay apartment is the 3 Bed 3 Bath Model at Pacific Mill Lofts starting at $3,795 with a $1.79 price per square foot in the Colonial Heights neighborhood. Here is today’s list of the best values for Prospect Hill Back Bay apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5 Cornish St5 Cornish St3BR,1BA$0.68
Pacific Mill Lofts3 Bed 3 Bath3BR,3BA$1.79
117 Swan St, Unit 2117 Swan St3BR,1BA$1.14
Legacy Park Apartments3 Bedroom3BR,1BA$2.62
Riverwalk LoftsOne Bedroom Loft Standard1BR,1BA$2.15
59 Waverley Rd, Unit 359 Waverley Rd2BR,1BA$2.33
Washington MillStudiosStudio ,1BA$2.66
Museum SquareThe Essex1BR,1BA$2.47
226Common - New Luxury ApartmentsBella1BR,1BA$2.59
141 Amesbury StOne Bedroom1BR,1BA$2.42

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Prospect Hill Back Bay, Lawrence, MA

Ranked #7

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Prospect Hill Back Bay Apartments

What is a cheap apartment in Prospect Hill Back Bay?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Prospect Hill Back Bay is under $2,116.

What is the price of a cheap apartment in Prospect Hill Back Bay?

The cheapest apartment in Prospect Hill Back Bay is 141 Amesbury St which is listed at $1,695, while the average apartment in Prospect Hill Back Bay costs $3,500.

What types of apartments are the cheapest in Prospect Hill Back Bay?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Prospect Hill Back Bay that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Prospect Hill Back Bay?

Cheap apartments in Prospect Hill Back Bay have an average cost of $115 which is $3,385 cheaper than the average rent for all rentals in Prospect Hill Back Bay.

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.

Helpful Local Expert Guides

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

The 10 Best Affordable Neighborhoods in Boston, MA

Written by: Amelia Ramstead

Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

decorative image for A Local Experts Guide to the Top Boston Neighborhoods for College Renters article

A Local Experts Guide to the Top Boston Neighborhoods for College Renters

Written by: Amelia Ramstead

Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

decorative image for Explore Like a Local: The Insider's Guide to Boston article

Explore Like a Local: The Insider's Guide to Boston

Written by: Amelia Ramstead

Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

decorative image for Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street article

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street

Written by: Amelia Ramstead

Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.

Articles, How-To's, and Tips

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.