Cheap Apartments for Rent in Prospect Hill, NC from $500 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect Hill.

The Lofts at White Furniture
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.

The Pines Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

2202 S Efland-Cedar Grove Rd
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 | $1,056 | $885 | $1,452 |
Prospect Hill 1 Bedroom Apartments | $1,328 | $960 | $3,392 |
Prospect Hill 2 Bedroom Apartments | $1,524 | $850 | $3,726 |
Prospect Hill 3 Bedroom Apartments | $1,914 | $1,250 | $5,299 |
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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 Studio unit found at Moore Apartments in the North Burlington neighborhood priced from $700. Courtyard Apartments in the North Burlington neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Prospect Hill apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Moore Apartments | Studio, 1 bath | Studio,1BA | $700 |
Courtyard Apartments | 2BR/1BA | 2BR,1BA | $850 |
The Venue Apartment Homes | Phase 1 - 1 x 1Standard-Call For Availability | 1BR,1BA | $995 |
Best Value Apartments for Rent in Prospect Hill, NC and Nearby
As of July 05, 2025 the best value apartment in the Prospect Hill area is the $1.11 price per square foot Cypress Model at Spring Forest at Deerfield in the in the Fieldstone Farms neighborhood starting from $1,599. The second greatest value Prospect Hill apartment is the B3 - Townhome Model at Pinewood Station Apartments and Townhomes starting at $1,349 with a $1.23 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Spring Forest at Deerfield | Cypress | 3BR,2BA | $1.11 |
Pinewood Station Apartments and Townhomes | B3 - Townhome | 2BR,1.5BA | $1.23 |
Ashbury Square Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.34 |
Deerfield Crossing | 2x2 | 2BR,2BA | $1.16 |
West Village Apartments | 3 Bedroom Traditional | 3BR,1BA | $1.41 |
Patriots Pointe | Cedar | 1BR,1BA | $1.39 |
Crescent Oaks | 1.1 P | 1BR,1BA | $1.45 |
Elevate 54 | Eno | 1BR,1BA | $1.34 |
Courtyard Apartments | 2BR/1BA | 2BR,1BA | $1.13 |
Moore Apartments | Studio, 1 bath | Studio ,1BA | $1.15 |
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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
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 $995 at The Venue Apartment Homes.
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 $850 at Courtyard 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 $1,295.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.