
Cheap Apartments for Rent in Prospect Hill, NC from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect Hill.


The Pines Apartments

The Lofts at White Furniture
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Lofts on Haw River

Deerfield Crossing

The Venue Apartment Homes
Navigating 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.

2202 S Efland-Cedar Grove Rd

1338 Rayon St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Prospect Hill, NC Local Guide

How much does it cost to rent an apartment in Prospect Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prospect Hill Studio Apartments | $1,021 | $865 | $1,452 |
Prospect Hill 1 Bedroom Apartments | $1,314 | $695 | $2,406 |
Prospect Hill 2 Bedroom Apartments | $1,497 | $850 | $3,038 |
Prospect Hill 3 Bedroom Apartments | $1,849 | $1,145 | $4,787 |
Prospect Hill 4 Bedroom Apartments | $2,150 | $2,150 | $2,150 |
Browse Top Apartments in Prospect Hill
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Prospect Hill, NC Local Guide
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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 Deerfield Crossing in the Fieldstone Farms neighborhood priced from $971. The Venue Apartment Homes in the North Burlington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Prospect Hill apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Deerfield Crossing | 1x1 | 1BR,1BA | $971 |
The Venue Apartment Homes | Phase 1 - 1 x 1Standard-Call For Availability | 1BR,1BA | $995 |
The Pines Apartments | 2BR/1BA | 2BR,1BA | $1,045 |
Best Value Apartments for Rent in Prospect Hill, NC and Nearby
As of May 20, 2025 the best value apartment in the Prospect Hill area is the $1.29 price per square foot 2 Bedroom 2 Bath Luxury Apartment Home Model at Alexander Pointe Apartments in the in the Fieldstone Farms neighborhood starting from $1,575. The second greatest value Prospect Hill apartment is the 2.2B P Model at Crescent Oaks starting at $1,379 with a $1.23 price per square foot in the North Burlington 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. |
---|---|---|---|
Alexander Pointe Apartments | 2 Bedroom 2 Bath Luxury Apartment Home | 2BR,2BA | $1.29 |
Crescent Oaks | 2.2B P | 2BR,2BA | $1.23 |
Spring Forest at Deerfield | Berkshire | 2BR,2BA | $1.18 |
Carden Place Apartment Homes | Two Bedroom 2 Bath - 1,066 sqft | 2BR,2BA | $1.31 |
Pinewood Station | B1-Renovated | 2BR,1BA | $1.41 |
Elevate Haw River | A1F Sunroom | 1BR,1BA | $1.28 |
The Pines Apartments | 2BR/1BA | 2BR,1BA | $1.22 |
Barden Ridge Apartments | 2/1 60% AMI | 2BR,1BA | $1.35 |
Elevate 54 | Eno | 1BR,1BA | $1.35 |
Deerfield Crossing | 1x1 | 1BR,1BA | $1.36 |
Quick Rent Budget Calculator
How much rent can you afford?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Prospect Hill, NC Rentals by Map
See the most popular apartments and homes in Prospect Hill, NC
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $971 at Deerfield Crossing.
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 $1,045 at The Pines 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 Parkridge Apartments and starts from $1,300.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.