Cheap Apartments for Rent in Prospect, NY from $600 (29 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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Copper City Lofts
1 Bedroom Apartments

Copper City Lofts

183 W Dominick StRome, NY 13440
  • Utilities Included

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

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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121 Park Dr
Studio Apartments

121 Park Dr

121 Park DrManlius, NY 13104
  • Utilities Included
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Maple Tree Apartments
2 Bedroom Apartments

Maple Tree Apartments

1 Candlewyck LnUtica, NY 13502
  • Utilities Included
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13 Redfield Ave
2 Bedroom Apartments

13 Redfield Ave

13 Redfield AveWhitesboro, NY 13492

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. Rose Garden Apartments in the Outer Utica neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Holiday Efficiency ApartmentsStudio1BR,1BA$600
Rose Garden ApartmentsOne bedroom1BR,1BA$795
Maple ManorAcerStudio,1BA$925
Garden Apartments1 Bedroom1BR,1BA$995
Wildwood Ridge ApartmentsOne Bedroom1BR,1BA$1,100
Fayetteville Pines Townhouses1 Bed/1 Bath Utilities Included1BR,1BA$1,100
Hartford Mills ApartmentsFloor Plan 51BR,1BA$1,150
Utica Steam Cotton BuildingStudioStudio,1BA$1,250
Campus Hill Apartments1 Bedroom1BR,1BA$1,295
Hickory Hills Apartments2 Beds, 1 bath2BR,1BA$1,300

Best Value Apartments for Rent in Prospect, NY and Nearby

As of July 24, 2025 the best value apartment in the Prospect area is the $1.81 price per square foot The Lofts Model at The Lofts at Cazenovia Market in the starting from $2,250. 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.
The Lofts at Cazenovia MarketThe Lofts2BR,2BA$1.81
Fayetteville Pines Townhouses3 Bed/1 Bath Utilities Included3BR,1BA$1.25
Garden Apartments3 Bedroom3BR,2BA$1.21
Hotel St Apartments2 Bedroom2BR,2BA$1.88
Lewiston PropertiesStyle 2A2BR,1.5BA$1.40
Suburban Park Apartments2 BR2BR,2BA$1.85
Hickory Hills Apartments2 Beds, 1 bath2BR,1BA$1.43
Wildwood Ridge ApartmentsOne Bedroom1BR,1BA$1.22
Holiday Efficiency ApartmentsStudio1BR,1BA$0.92
Rose Garden ApartmentsOne bedroom1BR,1BA$1.27

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

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Frequently Asked Questions about Cheap Prospect Apartments

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 $825 at Rose Garden Apartments.

What is the most affordable Prospect Three Bedroom Apartment?

The best deal on a cheap Prospect Three Bedroom Apartment rental is at Garden Apartments and starts from $1,450.

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.