Cheap Apartments for Rent in Prospect, NY from $600 (38 Rentals)

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

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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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.

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6 School St
2 to 3 Bedroom Apartments

6 School St

6 School StLittle Falls, NY 13365
  • Utilities Included
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121 Park Dr
Studio Apartments

121 Park Dr

121 Park DrManlius, NY 13104
  • Utilities Included

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.

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Maple Tree Apartments
2 Bedroom Apartments

Maple Tree Apartments

1 Candlewyck LnUtica, NY 13502
  • Utilities Included
  • Smoke Free

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.

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207 Maple St
2 Bedroom Apartments

207 Maple St

207 Maple StRome, NY 13440
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Prospect, NY Local Guide

Cheapest Available Prospect Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prospect, NY is a 1 Bed unit found at Holiday Efficiency Apartments in the Outer Utica neighborhood priced from $600. The Olbiston Apartments in the Adrian Terrace neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $737. Here is today’s list of the most affordable Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Holiday Efficiency ApartmentsStudio1BR,1BA$600
The Olbiston ApartmentsStudioStudio,1BA$737
The Lofts at Globe Mill1 Bedroom1BR,1BA$741
Maple ManorAcerStudio,1BA$895
Garden Apartments1 Bedroom1BR,1BA$995
Valenti Country EstatesEfficiency1BR,1BA$995
Wildwood Ridge ApartmentsOne Bedroom1BR,1BA$1,100
13 Redfield AveRedfield2BR,1BA$1,200
Utica Steam Cotton BuildingStudioStudio,1BA$1,250
Campus Hill Apartments1 Bedroom1BR,1BA$1,295

Best Value Apartments for Rent in Prospect, NY and Nearby

As of June 18, 2025 the best value apartment in the Prospect area is the $1.28 price per square foot Style 2B Model at Lewiston Properties in the in the Outer Utica neighborhood starting from $1,535. The second greatest value Prospect apartment is the 3 Bed/1 Bath Utilities Included Model at Fayetteville Pines Townhouses starting at $1,500 with a $1.25 price per square foot . Here is today’s list of the best values for Prospect apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lewiston PropertiesStyle 2B2BR,2.5BA$1.28
Fayetteville Pines Townhouses3 Bed/1 Bath Utilities Included3BR,1BA$1.25
Garden Apartments3 Bedroom3BR,2BA$1.21
203 S William St3 bed 1 bath3BR,1BA$1.17
Fennaway Green ApartmentsThree Bedroom Apartment3BR,1.5BA$1.30
Hartford Mills ApartmentsFloor Plan 12BR,1BA$1.24
13 Redfield AveRedfield2BR,1BA$1.20
Wildwood Ridge ApartmentsOne Bedroom1BR,1BA$1.22
Holiday Efficiency ApartmentsStudio1BR,1BA$0.92
The Lofts at Globe Mill1 Bedroom1BR,1BA$1.14

Quick Rent Budget Calculator

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Location, Location, Location!

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See the most popular apartments and homes in Prospect, NY

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Frequently Asked Questions about Cheap Prospect Apartments

What is the Cheapest Studio apartment in Prospect?

Currently the most affordable Cheap Studio Apartment in Prospect is at The Olbiston Apartments listed at $737.

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

The lowest price for a Cheap One Bedroom Prospect Apartment is $600 at Holiday Efficiency Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Prospect is starting from $887 at The Lofts at Globe Mill.

What is the most affordable Prospect Three Bedroom Apartment?

The best deal on a cheap Prospect Three Bedroom Apartment rental is at Fennaway Green Apartments and starts from $1,400.

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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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.

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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.

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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.

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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.