Cheap Homes for Rent in Prospect Park Neighborhood of Moline, IL from $700 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in the Prospect Park area of Moline.

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Prospect Park, Moline, IL Local Guide

Cheapest Available Prospect Park Apartments for Rent

 

The cheapest available apartment rental in the Prospect Park area of Moline, IL is a 1 Bed unit found at Timber Ridge Apartments priced from $825. Moline High School Lofts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Prospect Park apartments for rent in Moline, IL:

Apartment ListingModel NameBed/BathPriced From
Timber Ridge Apartments1BR/1.0BA1BR,1BA$825
Moline High School Lofts1 Bedroom 1 Bath1BR,1BA$850
Garfield School1901 Type 11BR,1BA$875
Sanders ApartmentsStudioStudio,1BA$916
Marquee Apartments LLC1BR/1.0BA1BR,1BA$995

Best Value Apartments for Rent in Prospect Park, IL

As of January 20, 2026 the best value apartment in the Prospect Park area is the $1.06 price per square foot 1 Bedroom 1 Bath Model at Moline High School Lofts in the in the Villa Park neighborhood starting from $850. The second greatest value Prospect Park apartment is the 1BR/1.0BA Model at Timber Ridge Apartments starting at $825 with a $1.19 price per square foot in the Villa Park neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Moline High School Lofts1 Bedroom 1 Bath1BR,1BA$1.06
Timber Ridge Apartments1BR/1.0BA1BR,1BA$1.19
Garfield School1901 Type 11BR,1BA$1.35
Marquee Apartments LLC1BR/1.0BA1BR,1BA$1.66
Sanders Apartments1 Bed, 1 bath1BR,1BA$1.83

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.

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The 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.

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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.

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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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Frequently Asked Questions about Prospect Park

What type of rentals are currently available in Prospect Park?

There are currently 56 Apartments for Rent in Prospect Park, IL with pricing that ranges from $700 to $1,495. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $700 to $2,750.

What is the current price range for Rental Homes in Prospect Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Park ranges from $700 to $2,750 with an average monthly rent of $1,386.

How much are larger Three and Four Bedroom Rentals in Prospect Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect Park range from $1,150 to $1,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,350. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,200.

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.

Articles, How-To's, and Tips

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!