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$1,795 - $3,795
Plus Fees
Studio to 3 Bedroom Apartments Available NowPacific Mill Lofts
300 Canal StLawrence, MA 01840
Cheap Apartments for Rent in the Prospect Hill Neighborhood of Lawrence, MA from $900 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Hill area of Lawrence.
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$1,850 - $3,000
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowElora Flats & Townhomes
112-114 Marston StLawrence, MA 01841
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$1,900 - $2,100
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityMuseum Square
2 Museum SqLawrence, MA 01840
74 Union St
LawrenceMA01840
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$1,918 - $4,095
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,918 - $4,095
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$1,918 - $4,095
Washington Mill
240-270 Canal StLawrence, MA 01840
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$1,950 - $3,400
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Now215 Canal St
215 Canal StLawrence, MA 01840
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,995 - $2,650
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,995 - $2,650
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$1,995 - $2,650
Pac10 Lofts
300 Methuen StLawrence, MA 01840
12 Webster Ct
LawrenceMA01841
126 Cross St
LawrenceMA01841
50 1/2 Common St
LawrenceMA01840
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$2,300
Total Monthly Price12 Month Lease Term
3 Bedroom Apartment Available NowTotal Monthly Price
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$2,300
Total Monthly Price
$2,300
5 Cornish St
5 Cornish StLawrence, MA 01841
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$2,3002 Bedroom Apartments Available Now
5 Orchard St, Unit 1
5 Orchard StLawrence, MA 01840
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.
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Studio to 2 Bedroom Apartments
Amesbury Grace Apartments
7 Grace TerLawrence, MA 01841
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Studio to 2 Bedroom Apartments
Washington Mills
270 Canal StLawrence, MA 01840
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Studio to 1 Bedroom Apartments
141 Amesbury St
141 Amesbury StLawrence, MA 01841
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1 to 2 Bedroom Apartments
226Common - New Luxury Apartments
226 Common StLawrence, MA 01840
46 Amesbury St
LawrenceMA01840
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1 to 3 Bedroom Apartments
Stone Mill Lofts
72 General StLawrence, MA 01840
Cash 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.
90 Sutton St, Unit 3B
90 Sutton St
North AndoverMA01845
12 Curtis St, Unit 1
12 Curtis St
MethuenMA01844
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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 | $2,041 | $1,795 | $2,350 |
| Prospect Hill 1 Bedroom Apartments | $2,208 | $1,850 | $2,437 |
| Prospect Hill 2 Bedroom Apartments | $2,536 | $1,900 | $3,030 |
| Prospect Hill 3 Bedroom Apartments | $2,804 | $2,250 | $3,795 |
| Prospect Hill 4 Bedroom Apartments | $2,350 | $2,350 | $2,350 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 20 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
- Nearby Lawrence neighborhoods
- Nearby Cities
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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 1 Bed unit found at 141 Amesbury St priced from $1,695. Elora Flats & Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,850. Here are the most affordable Prospect Hill apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 141 Amesbury St | One Bedroom | 1BR,1BA | $1,695 |
| Elora Flats & Townhomes | 1 Bedroom | 1BR,1BA | $1,850 |
| Museum Square | The Essex | 1BR,1BA | $1,900 |
| Washington Mill | Studios | Studio,1BA | $1,918 |
| 215 Canal St | 1 Bedroom | 1BR,1BA | $1,950 |
Best Value Apartments for Rent in Prospect Hill, MA
As of June 12, 2026 the best value apartment in the Prospect Hill area is the $0.63 price per square foot 5 Cornish St Model at 5 Cornish St in the in the South West Lawrence neighborhood starting from $2,300. The second greatest value Prospect Hill apartment is the 109 Ferry St Model at 109 Ferry St, Unit Third Fl starting at $2,400 with a $1.33 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. |
|---|---|---|---|
| 5 Cornish St | 5 Cornish St | 3BR,1BA | $0.63 |
| 109 Ferry St, Unit Third Fl | 109 Ferry St | 3BR,1BA | $1.33 |
| Pacific Mill Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.76 |
| Elora Flats & Townhomes | 3 Bedroom | 3BR,1BA | $2.62 |
| Appleton Square | The McIntosh Premium | 2BR,2BA | $2.52 |
| 83 Woodland St, Unit 83 woodlad st | 83 Woodland St | 2BR,1BA | $2.73 |
| Washington Mill | 1 Bed 1.5 Bath | 1BR,1.5BA | $2.60 |
| 215 Canal St | 1 Bedroom | 1BR,1BA | $2.42 |
| Museum Square | The Essex | 1BR,1BA | $2.47 |
| 141 Amesbury St | One Bedroom | 1BR,1BA | $2.42 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
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.
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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 $1,995.
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 $2,700.
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 4 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 $140 which is $2,560 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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The 10 Best Affordable Neighborhoods in Boston, MA
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.