
Cheap Homes for Rent in Prospect Hill Back Bay Neighborhood of Lawrence, MA from $1,000 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Hill Back Bay area of Lawrence.

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.

11 Lawrence St, Unit 309
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.

36 2nd St
Prospect Hill Back Bay, Lawrence, MA Local Guide

How much does it cost to rent a home in Prospect Hill Back Bay?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Prospect Hill Back Bay 2 Bedroom Homes for Rent | $2,466 | $1,850 | $3,200 |
| Prospect Hill Back Bay 3 Bedroom Homes for Rent | $2,650 | $2,500 | $2,800 |
| Prospect Hill Back Bay 4 Bedroom Homes for Rent | $3,300 | $2,800 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Prospect Hill Back Bay Neighborhood of Lawrence, MA.
Explore Lawrence
Prospect Hill Back Bay, Lawrence, MA Local Guide
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Best Value Apartments for Rent in Prospect Hill Back Bay, MA
As of January 13, 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 16 Sargent St Model at 16 Sargent St, Unit 1 starting at $2,400 with a $1.56 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5 Cornish St | 5 Cornish St | 3BR,1BA | $0.68 |
| 16 Sargent St, Unit 1 | 16 Sargent St | 3BR,1BA | $1.56 |
| 235 Jackson St, Unit 2 | 235 Jackson St | 2BR,1BA | $1.83 |
| Pacific Mill Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.76 |
| Riverwalk Lofts | One Bedroom Loft Standard | 1BR,1BA | $2.23 |
| Riverwalk Apartments | 1x1.5 - A8 | 1BR,1.5BA | $2.35 |
| 41 Thorndike Rd, Unit 3 | 41 Thorndike Rd | 2BR,1BA | $2.28 |
| 215 Canal St | 1 Bedroom | 1BR,1BA | $2.42 |
| Museum Square | The Essex | 1BR,1BA | $2.47 |
| 3 Paris St, Unit 1 | 3 Paris St | 2BR,1BA | $2.13 |
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 ArticleThe 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 ArticleCash 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 ArticleQuick 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.
Pet Friendly LifestyleProspect Hill Back Bay, Lawrence, MA
Ranked #14
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Prospect Hill Back Bay
What type of rentals are currently available in Prospect Hill Back Bay?
There are currently 139 Apartments for Rent in Prospect Hill Back Bay, MA with pricing that ranges from $1,600 to $4,570. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Hill Back Bay ranging from $1,000 to $3,800.
What is the current price range for Rental Homes in Prospect Hill Back Bay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Hill Back Bay ranges from $1,000 to $3,800 with an average monthly rent of $2,479.
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

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.

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

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

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Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!