
Cheap Homes for Rent in Prospect Hill Back Bay Neighborhood of Lawrence, MA from $1,000 (2 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.

90 Sutton St, Unit 10C
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.
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 | $2,616 | $2,200 | $3,200 |
| Prospect Hill Back Bay 3 Bedroom Homes for Rent | $2,933 | $2,500 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Prospect Hill Back Bay Neighborhood of Lawrence, MA.
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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 November 29, 2025 the best value apartment in the Prospect Hill Back Bay area is the $1.14 price per square foot 117 Swan St Model at 117 Swan St, Unit 2 in the in the Arlington neighborhood starting from $2,400. The second greatest value Prospect Hill Back Bay apartment is the 1 Bed 1 Bath Model at Pacific Mill Lofts starting at $1,995 with a $1.76 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 117 Swan St, Unit 2 | 117 Swan St | 3BR,1BA | $1.14 |
| Pacific Mill Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.76 |
| Appleton Square Methuen | The Cortland Premium | 2BR,1BA | $2.35 |
| Legacy Park Apartments | 3 Bedroom | 3BR,1BA | $2.48 |
| Riverwalk Lofts | One Bedroom Loft Standard | 1BR,1BA | $2.23 |
| 215 Canal St | 2 Bedroom | 2BR,1BA | $2.42 |
| 41 Thorndike Rd, Unit 3 | 41 Thorndike Rd | 2BR,1BA | $2.39 |
| Riverwalk Apartments | Studio - S5 | Studio ,1BA | $2.16 |
| Washington Mill | Atelier Studio | Studio ,1BA | $2.42 |
| Museum Square | The Essex | 1BR,1BA | $2.47 |
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 ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleProspect Hill Back Bay, Lawrence, MA
Ranked #5
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 $1,675 to $3,795. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Hill Back Bay ranging from $1,000 to $3,200.
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 $3,200 with an average monthly rent of $2,139.
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.

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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.