
Cheap Homes for Rent in the Prospect Hill Neighborhood of Lawrence, MA from $1,000 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Hill area of Lawrence.

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

90 Sutton St, Unit 3C
Rent According to Income: A Look at Income-Restricted Rentals
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162 E Haverhill St
Prospect Hill, Lawrence, MA Local Guide

How much does it cost to rent a home in Prospect Hill?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Prospect Hill 2 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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 September 11, 2026 the best value apartment in the Prospect Hill 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 apartment is the 3 Bedroom + 2 Bathroom Model at Stone Mill Lofts starting at $3,355 with a $2.86 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 | 3 Bed 3 Bath | 3BR,3BA | $1.79 |
| Stone Mill Lofts | 3 Bedroom + 2 Bathroom | 3BR,2BA | $2.86 |
| Elora Flats & Townhomes | The Lumina | 3BR,1BA | $2.52 |
| 23 Saunders St, Unit 23 | 23 Saunders St | 2BR,1BA | $2.60 |
| 215 Canal St | 1 Bedroom | 1BR,1BA | $2.42 |
| Museum Square | The Essex | 1BR,1BA | $2.60 |
| Washington Mill | Studios | Studio ,1BA | $2.88 |
| 75 Saunders St, Unit 3 | 75 Saunders St | 2BR,1BA | $2.80 |
| 141 Amesbury St | One Bedroom | 1BR,1BA | $2.42 |
| Pac10 Lofts | D1 – 1 Bedroom 1 Bathroom Loft - Workforce/Moderat | 1BR,1BA | $2.83 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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, 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
What type of rentals are currently available in Prospect Hill?
There are currently 133 Apartments for Rent in Prospect Hill, MA with pricing that ranges from $1,395 to $3,795. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Hill ranging from $1,000 to $2,400.
What is the current price range for Rental Homes in Prospect Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Hill ranges from $1,000 to $2,400 with an average monthly rent of $1,650.
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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