Cheap Apartments for Rent near Prospect Hill, NC from $500 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in Prospect Hill.

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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Heritage Apartments
Rent Specials
$1,141 - $1,691
Total Monthly Price

Total Monthly Price

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$1,141 - $1,691
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Heritage Apartments

405 Thomas Burke DrHillsborough, NC 27278
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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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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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Moore Apartments
Studio to 2 Bedroom Apartments

Moore Apartments

325-333 E Davis StBurlington, NC 27215
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Courtyard Apartments
Studio to 2 Bedroom Apartments

Courtyard Apartments

852 S Main StBurlington, NC 27215
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West Village Apartments
2 to 3 Bedroom Apartments

West Village Apartments

115 Holiday Park RdHillsborough, NC 27278
Corporate Housing

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Showing Results 1-36, Page 1 of 1

Prospect Hill, NC Local Guide

Cheapest Available Prospect Hill Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prospect Hill, NC is a 1 Bed unit found at Dillard School priced from $533. Deerfield Crossing in the Fieldstone Farms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Prospect Hill apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dillard School1 Bed, 1 bath1BR,1BA$533
Deerfield Crossing1X11BR,1BA$975
The Venue Apartment HomesPhase 1 - 1 x 1Standard-Call For Availability1BR,1BA$1,025
Parkridge ApartmentsThe Willow1BR,1BA$1,050
Stonebrook Apartments1 Bedroom1BR,1BA$1,099
Harden Crossing2Bed 1.5 Bath2BR,1BA$1,100
Elevate 54Eno1BR,1BA$1,130
Carden Place Apartment HomesOne Bedroom - 850 sqft1BR,1BA$1,145
Meadows of Graham1 Bedroom 1 Bath Garden Style Apartment Home1BR,1BA$1,149
May Hosiery LoftsStudio1BR,1BA$1,150

Best Value Apartments for Rent in Prospect Hill, NC and Nearby

As of July 10, 2026 the best value apartment in the Prospect Hill area is the $0.47 price per square foot Furnished Unit in a 4bd/4ba Model at The View at Pembroke in the starting from $559. The second greatest value Prospect Hill apartment is the The Remodeled Willow Model at Arrowhead Apartments starting at $1,709 with a $1.46 price per square foot in the Fieldstone Farms neighborhood. Here is today’s list of the best values for Prospect Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The View at PembrokeFurnished Unit in a 4bd/4ba4BR,4BA$0.47
Arrowhead ApartmentsThe Remodeled Willow2BR,2BA$1.46
Riverbend Apartments2 Bed x 1.5 Bath TH2BR,1.5BA$1.03
Spring Forest at DeerfieldBerkshire2BR,2BA$1.27
Harden Crossing2Bed 1.5 Bath2BR,1.5BA$1.12
Alexander Pointe Apartments1 Bedroom 1 Bath Luxury Apartment Home1BR,1BA$1.42
Carden Place Apartment HomesOne Bedroom - 850 sqft1BR,1BA$1.35
Elevate 54Eno1BR,1BA$1.40
Stonebrook Apartments1 Bedroom1BR,1BA$1.41
Dillard School1 Bed, 1 bath1BR,1BA$0.79

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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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Prospect Hill, NC Rentals by Map

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See the most popular apartments and homes in Prospect Hill, NC

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Frequently Asked Questions about Cheap Prospect Hill Apartments

How much is rent for a Cheap One Bedroom Prospect Hill Apartment?

The lowest price for a Cheap One Bedroom Prospect Hill Apartment is $533 at Dillard School.

What is the lowest price for a Cheap Two Bedroom Prospect Hill Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Prospect Hill is starting from $1,100 at The Venue Apartment Homes.

What is the most affordable Prospect Hill Three Bedroom Apartment?

The best deal on a cheap Prospect Hill Three Bedroom Apartment rental is at Parkridge Apartments and starts from $1,300.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

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.