Cheap Apartments for Rent in Prospect Hill, NC from $500 (5 Rentals)

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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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Moore Apartments
Studio to 2 Bedroom Apartments

Moore Apartments

325-333 E Davis StBurlington, NC 27215
  • Utilities Included

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.

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. Fieldstone Apartment Homes in the Fieldstone Farms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,029. 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
Fieldstone Apartment HomesA1R1BR,1BA$1,029
Parkridge ApartmentsThe Willow1BR,1BA$1,050

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

As of September 20, 2025 the best value apartment in the Prospect Hill area is the $1.17 price per square foot 2.2A P+ Model at Crescent Oaks in the in the North Burlington neighborhood starting from $1,399. The second greatest value Prospect Hill apartment is the B1-Renovated Model at Pinewood Station Apartments and Townhomes starting at $1,449 with a $1.47 price per square foot in the Kenion Grove 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.
Crescent Oaks2.2A P+2BR,2BA$1.17
Pinewood Station Apartments and TownhomesB1-Renovated2BR,1BA$1.47
Stonebrook Apartments2 Bedroom2BR,2BA$1.25
Barden Ridge Apartments2/1 60% AMI2BR,1BA$1.35
Elevate 54Eno1BR,1BA$1.46
Elevate Haw RiverA1C Sunroom1BR,1BA$1.42
Dillard School1 Bed, 1 bath1BR,1BA$0.67
Waterside ApartmentsThe William1BR,1BA$1.48
West Village ApartmentsTwo Bedroom Traditional2BR,1BA$1.49
Fieldstone Apartment HomesA1R1BR,1BA$1.37

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

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Getting Around Prospect Hill, NC

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

16 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $1,125 at Parkridge Apartments.

What is the most affordable Prospect Hill Three Bedroom Apartment?

The best deal on a cheap Prospect Hill Three Bedroom Apartment rental is at West Village Apartments and starts from $1,260.

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.