Cheap Apartments for Rent in the Prospect Hill Back Bay Neighborhood of Lawrence, MA from $900 (31 Rentals)

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

property at 74 Union St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Now

74 Union St

LawrenceMA01840
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Washington Mill
Rent Specials
$1,943 - $4,107
Total Monthly Price

Total Monthly Price

Base Rent
$1,943 - $4,107

Total Monthly Price
$1,943 - $4,107
Studio to 2 Bedroom Apartments Available Now

Washington Mill

240-270 Canal StLawrence, MA 01840
55+ Active Adult
  • Verified
  • 3D Tour

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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Pac10 Lofts
$1,995 - $2,650
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,995 - $2,650

Total Monthly Price
$1,995 - $2,650
1 to 3 Bedroom Apartments Available Now

Pac10 Lofts

300 Methuen StLawrence, MA 01840
Luxury
  • Verified
  • Utilities Included
  • Low Income
property at 12 Webster Ct

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Home for Rent

Available Now

12 Webster Ct

LawrenceMA01841
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 6-8 Conduit St

$2,350

Total Monthly Price

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350

3 Bedroom, 1 Bath Home for Rent

Available Jul 1

6-8 Conduit St

LawrenceMA01841
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101 Newbury St, Unit 3
$2,350
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,350

Total Monthly Price
$2,350
3 Bedroom Apartment Available Jun 15

101 Newbury St, Unit 3

101 Newbury StLawrence, MA 01841
  • Smoke Free
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109 Ferry St, Unit Third Fl
$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

109 Ferry St, Unit Third Fl

109 Ferry StLawrence, MA 01841
Cost Per Sq.Ft.

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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.

property at 229 Jackson St

$2,500

Total Monthly Price

Total Monthly Price

Base Rent
$2,500

Total Monthly Price
$2,500

3 Bedroom, 1 Bath Home for Rent

Available Now

229 Jackson St

LawrenceMA01841
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Washington Mills
Studio to 2 Bedroom Apartments

Washington Mills

270 Canal StLawrence, MA 01840
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141 Amesbury St
Studio to 1 Bedroom Apartments

141 Amesbury St

141 Amesbury StLawrence, MA 01841
  • Utilities Included
property at 46 Amesbury St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Condo for Rent

Available Now

46 Amesbury St

LawrenceMA01840
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Stone Mill Lofts
1 to 3 Bedroom Apartments

Stone Mill Lofts

72 General StLawrence, MA 01840
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The Jav
1 to 2 Bedroom Apartments

The Jav

115-125 Essex StLawrence, MA 01840
Corporate Housing
  • 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.

property at 90 Sutton St

$1,550

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

Studio, 1 Bath Condo for Rent

Available Jun 15

90 Sutton St, Unit 3B

90 Sutton St
North AndoverMA01845
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Avalon North Andover
$2,355 - $3,655
Total Monthly Price

Total Monthly Price

Base Rent
$2,290 - $3,590
Required Monthly Fees
$65

Total Monthly Price
$2,355 - $3,655
Studio to 2 Bedroom Apartments Available Now

Avalon North Andover

88 High StNorth Andover, MA 01845
Furnished
  • Verified
  • Smoke Free

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. Legacy Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. 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
Legacy Park Apartments1 Bedroom1BR,1BA$1,850
226Common - New Luxury ApartmentsBella1BR,1BA$1,875
Museum SquareThe Essex1BR,1BA$1,900
Washington MillStudiosStudio,1BA$1,943
215 Canal St1 Bedroom1BR,1BA$1,950
Pac10 LoftsD1 – 1 Bedroom 1 Bathroom Loft - Workforce/Moderat1BR,1BA$1,995
Pacific Mill Lofts1 Bed 1 Bath1BR,1BA$1,995
Riverwalk Apartments1x1 - A41BR,1BA$2,175

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

As of June 08, 2026 the best value apartment in the Prospect Hill Back Bay area is the $0.63 price per square foot 5 Cornish St Model at 5 Cornish St in the in the South West Lawrence neighborhood starting from $2,300. The second greatest value Prospect Hill Back Bay apartment is the 109 Ferry St Model at 109 Ferry St, Unit Third Fl starting at $2,400 with a $1.33 price per square foot in the South West Lawrence 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$0.63
109 Ferry St, Unit Third Fl109 Ferry St3BR,1BA$1.33
Riverwalk LoftsTwo Bedroom Loft2BR,2BA$1.88
Pacific Mill Lofts1 Bed 1 Bath1BR,1BA$1.76
Appleton Square MethuenThe McIntosh Premium2BR,2BA$2.52
Riverwalk Apartments1x1.5 - A81BR,1.5BA$2.35
215 Canal St1 Bedroom1BR,1BA$2.42
Washington MillStudiosStudio ,1BA$2.45
Museum SquareThe Essex1BR,1BA$2.47
141 Amesbury StOne Bedroom1BR,1BA$2.42

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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Pet Friendly Lifestyle
Prospect Hill Back Bay, Lawrence, MA

Ranked #5

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $2,175.

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 $2,925.

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 5 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 $278 which is $2,647 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.

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