
Cheap Homes for Rent in Prospect Hill Back Bay Neighborhood of Lawrence, MA from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Hill Back Bay area of Lawrence.


93 Main St

23 Saunders St
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.

59 E Pleasant St

285 Essex St

25 R Saunders St
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.

98-100-100 Essex 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 | $2,216 | $2,000 | $2,350 |
| Prospect Hill Back Bay 4 Bedroom Homes for Rent | $4,500 | $3,800 | $5,200 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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
- Nearby Lawrence neighborhoods
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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 Pac10 Lofts priced from $1,895. Museum Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,900. Here are the most affordable Prospect Hill Back Bay apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pac10 Lofts | D1 – 1 Bedroom 1 Bathroom Loft - Workforce/Moderat | 1BR,1BA | $1,895 |
| Museum Square | The Essex | 1BR,1BA | $1,900 |
| Legacy Park Apartments | 1 Bedroom | 1BR,1BA | $1,925 |
Best Value Apartments for Rent in Prospect Hill Back Bay, MA
As of February 28, 2026 the best value apartment in the Prospect Hill Back Bay area is the $1.79 price per square foot 3 Bed 3 Bath Model at Pacific Mill Lofts in the in the Colonial Heights neighborhood starting from $3,795. The second greatest value Prospect Hill Back Bay apartment is the One Bedroom Loft Deluxe Model at Riverwalk Lofts starting at $2,350 with a $1.92 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. |
|---|---|---|---|
| Pacific Mill Lofts | 3 Bed 3 Bath | 3BR,3BA | $1.79 |
| Riverwalk Lofts | One Bedroom Loft Deluxe | 1BR,1BA | $1.92 |
| Riverwalk Apartments | 2x1 - B7 | 2BR,1BA | $2.29 |
| Legacy Park Apartments | 3 Bedroom | 3BR,1BA | $2.62 |
| 226Common - New Luxury Apartments | Issac | 2BR,1BA | $2.18 |
| 24 Belmont St, Unit 1 | 24 Belmont St | 4BR,1BA | $2.75 |
| Washington Mill | 1 Bed 1 Bath | 1BR,1BA | $2.35 |
| Appleton Square Methuen | The Braeburn Updated | 1BR,1BA | $2.63 |
| Museum Square | The Essex | 1BR,1BA | $2.47 |
| Pac10 Lofts | C1 – 1 Bedroom 1 Bathroom | 1BR,1BA | $3.01 |
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 #2
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 138 Apartments for Rent in Prospect Hill Back Bay, MA with pricing that ranges from $1,750 to $4,400. 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 $5,200.
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 $5,200 with an average monthly rent of $2,572.
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.

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

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.

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.

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.