
Cheap Apartments for Rent in the Prospect Hill Neighborhood of Lawrence, MA from $900 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Hill area of Lawrence.


Pacific Mill Lofts

11 Lawrence St, Unit 309

180 Jackson St

226Common - New Luxury Apartments

Elora Flats & Townhomes

Total Monthly Price
Pac10 Lofts
Boston's Best Affordable Neighborhoods
Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

74 Union St

215 Canal St

Total Monthly Price
Washington Mill

Museum Square

1 Lindner Ct

126 Cross St

Amesbury Grace Apartments
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32 Lawrence St

Washington Mills

262 E Haverhill St

46 Amesbury St

Stone Mill Lofts

265 Essex St, Unit 1A

Appleton Square Methuen
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Total Monthly Price
75 Saunders St, Unit 3
Prospect Hill, Lawrence, MA Local Guide

How much does it cost to rent an apartment in Prospect Hill?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Prospect Hill Studio Apartments | $1,867 | $1,395 | $2,164 |
| Prospect Hill 1 Bedroom Apartments | $2,134 | $1,695 | $2,375 |
| Prospect Hill 2 Bedroom Apartments | $2,563 | $1,900 | $3,030 |
| Prospect Hill 3 Bedroom Apartments | $2,873 | $2,250 | $3,795 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 1 mile radius of the Prospect Hill Neighborhood of Lawrence, MA.
See all Apartments in LawrenceExplore Lawrence
Prospect Hill, Lawrence, MA Local Guide
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Cheapest Available Prospect Hill Apartments for Rent
 The cheapest available apartment rental in the Prospect Hill area of Boston, MA is a Studio unit found at 141 Amesbury St priced from $1,395. 226Common - New Luxury Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,825. Here are the most affordable Prospect Hill apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 141 Amesbury St | Studio | Studio,1BA | $1,395 |
| 226Common - New Luxury Apartments | Bella | 1BR,1BA | $1,825 |
| Washington Mill | Studios | Studio,1BA | $1,870 |
| Elora Flats & Townhomes | The Aura | 1BR,1BA | $1,875 |
| Pac10 Lofts | D1 – 1 Bedroom 1 Bathroom Loft - Workforce/Moderat | 1BR,1BA | $1,895 |
Best Value Apartments for Rent in Prospect Hill, MA
As of July 27, 2026 the best value apartment in the Prospect Hill area is the $1.76 price per square foot 1 Bed 1 Bath Model at Pacific Mill Lofts in the in the Colonial Heights neighborhood starting from $1,995. The second greatest value Prospect Hill apartment is the 2 Bedroom Model at 215 Canal St starting at $2,350 with a $2.42 price per square foot in the Colonial Heights neighborhood. Here is today’s list of the best values for Prospect Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pacific Mill Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.76 |
| 215 Canal St | 2 Bedroom | 2BR,1BA | $2.42 |
| Museum Square | The Essex | 1BR,1BA | $2.60 |
| Washington Mill | Studios | Studio ,1BA | $2.46 |
| 75 Saunders St, Unit 3 | 75 Saunders St | 2BR,1BA | $2.80 |
| Elora Flats & Townhomes | The Aura | 1BR,1BA | $2.53 |
| 226Common - New Luxury Apartments | Bella | 1BR,1BA | $2.52 |
| Pac10 Lofts | D1 – 1 Bedroom 1 Bathroom Loft - Workforce/Moderat | 1BR,1BA | $2.83 |
| 141 Amesbury St | Studio | Studio ,1BA | $3.10 |
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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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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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, Lawrence, MA
Ranked #11
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Prospect Hill Apartments
What is a cheap apartment in Prospect Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Prospect Hill is under $2,000.
What is the price of a cheap apartment in Prospect Hill?
The cheapest apartment in Prospect Hill is 141 Amesbury St which is listed at $1,695, while the average apartment in Prospect Hill costs $2,825.
What types of apartments are the cheapest in Prospect Hill?
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 1 regular apartments in Prospect Hill 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?
Cheap apartments in Prospect Hill have an average cost of $149 which is $2,676 cheaper than the average rent for all rentals in Prospect Hill.
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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