
Cheap Homes for Rent near Prospect Hill, NC from $495 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect Hill.


801 Trollingwood Hawfields Rd

930 Island Grove Rd

30 Dink Ashley Rd

711 Leasburg Rd
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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

511 Mattress Factory Rd

500 N Wilba Rd

404 Giles St

325 Depot St

118 N Oak St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Prospect Hill, NC Local Guide

How much does it cost to rent a home in Prospect Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Hill 2 Bedroom Homes for Rent | $1,331 | $900 | $1,600 |
| Prospect Hill 3 Bedroom Homes for Rent | $1,840 | $950 | $5,000 |
| Prospect Hill 4 Bedroom Homes for Rent | $2,455 | $1,495 | $3,300 |
| Prospect Hill 5 Bedroom Homes for Rent | $2,557 | $2,300 | $2,695 |
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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 Dillard School priced from $736. The Pines Apartments of Graham in the North Burlington neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here is today’s list of the most affordable Prospect Hill apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $736 |
| The Pines Apartments of Graham | Furnished Studio | Studio,1BA | $895 |
| Deerfield Crossing | 1X1 | 1BR,1BA | $975 |
Best Value Apartments for Rent in Prospect Hill, NC and Nearby
As of September 13, 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 2 Bedroom, 2 Bath Model at Crescent Oaks starting at $1,429 with a $1.19 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. |
|---|---|---|---|
| The View at Pembroke | Furnished Unit in a 4bd/4ba | 4BR,4BA | $0.47 |
| Crescent Oaks | 2 Bedroom, 2 Bath | 2BR,2BA | $1.19 |
| Meadows of Graham | 3 Bedroom 2 Bath Garden Style Apartment Home | 3BR,2BA | $1.39 |
| Pinewood Station | C2 | 3BR,2BA | $1.41 |
| Riverbend Apartments | 2 Bed x 1.5 Bath TH | 2BR,1.5BA | $1.03 |
| Spring Forest at Deerfield | Berkshire | 2BR,2BA | $1.27 |
| Keystone At Mebane Oaks | Autumn | 1BR,1BA | $1.40 |
| 119 South | Lasley | 1BR,1BA | $1.38 |
| Elevate 54 | Eno | 1BR,1BA | $1.35 |
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $1.09 |
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.
Read ArticleNavigating 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.
Read ArticleReal 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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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
Frequently Asked Questions about Prospect Hill
What type of rentals are currently available in Prospect Hill?
There are currently 41 Apartments for Rent in Prospect Hill, NC with pricing that ranges from $736 to $2,559. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Hill ranging from $495 to $5,000.
What is the current price range for Rental Homes in Prospect Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Hill ranges from $495 to $5,000 with an average monthly rent of $1,954.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.