
Cheap Apartments for Rent in the Prospect Hill Neighborhood of Lawrence, MA from $900 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Hill area of Lawrence.


316 Essex St
Prospect Hill, Lawrence, MA Local Guide

How much does it cost to rent an apartment in Prospect Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prospect Hill Studio Apartments | $2,268 | $1,795 | $2,705 |
Prospect Hill 1 Bedroom Apartments | $2,169 | $1,550 | $2,806 |
Prospect Hill 2 Bedroom Apartments | $2,597 | $2,100 | $3,260 |
Prospect Hill 3 Bedroom Apartments | $2,769 | $2,100 | $3,795 |
Prospect Hill 4 Bedroom Apartments | $4,500 | $4,500 | $4,500 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 1 mile radius of the Prospect Hill Neighborhood of Lawrence, MA.
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Prospect Hill, Lawrence, MA Local Guide
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Best Value Apartments for Rent in Prospect Hill, MA
As of June 27, 2025 the best value apartment in the Prospect Hill area is the $1.98 price per square foot 1 Bed 1.5 Bath Model at Washington Mill in the in the Colonial Heights neighborhood starting from $2,115. The second greatest value Prospect Hill apartment is the 4 Berkeley St Model at 4 Berkeley St, Unit 8 starting at $4,500 with a $4.50 price per square foot in the South West Lawrence 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. |
---|---|---|---|
Washington Mill | 1 Bed 1.5 Bath | 1BR,1.5BA | $1.98 |
4 Berkeley St, Unit 8 | 4 Berkeley St | 4BR,1BA | $4.50 |
215 Canal St | 2 Bedroom | 2BR,1BA | $2.42 |
Museum Square | The Essex | 1BR,1BA | $2.47 |
Legacy Park Apartments | 1 Bedroom | 1BR,1BA | $2.33 |
Pac10 Lofts | C1 – 1 Bedroom 1 Bathroom | 1BR,1BA | $3.02 |
55 Brook St, Unit 1 | 55 Brook St | 3BR,1BA | $25.00 |
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Pet Friendly LifestyleProspect Hill, Lawrence, MA
Ranked #6
Among neighborhoods in Lawrence, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Prospect Hill Apartments
What is the price of a cheap apartment in Prospect Hill?
The cheapest apartment in Prospect Hill is Legacy Park Apartments which is listed at $1,725, while the average apartment in Prospect Hill costs $4,500.
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 5 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 $388 which is $4,112 cheaper than the average rent for all rentals in Prospect Hill.
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
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.