
Cheap Homes for Rent in Prospect, NY from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.


1124 Lenox Ave

1208 City St

408 Upper

513-513 Wetmore St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

10 Avery Pl

7 Dewitt St

1324 Blandina St

908 Schuyler St

6454 Williams Rd
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.

923 Churchill Ave
Prospect, NY Local Guide

How much does it cost to rent a home in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect 2 Bedroom Homes for Rent | $1,455 | $775 | $2,500 |
| Prospect 3 Bedroom Homes for Rent | $2,031 | $1,185 | $4,000 |
| Prospect 4 Bedroom Homes for Rent | $2,912 | $2,150 | $4,000 |
Browse Top Homes for Rent in Prospect
Explore Prospect
Prospect, NY Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $700. Oneida Garden Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $820. Here is today’s list of the most affordable Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Holiday Efficiency Apartments | Studio | 1BR,1BA | $700 |
| Oneida Garden Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $820 |
| 208 Jefferson Ave | 1 Bedroom 1 Bath | 1BR,1BA | $850 |
| Lofts at Globe Mill | 1 Bed 1 Bath A | 1BR,1BA | $922 |
| Maple Manor | Acer | Studio,1BA | $995 |
Best Value Apartments for Rent in Prospect, NY and Nearby
As of December 15, 2025 the best value apartment in the Prospect area is the $0.80 price per square foot 2 Bedroom 1 Bath Model at North George Street Apartments in the in the Outer Utica neighborhood starting from $1,200. The second greatest value Prospect apartment is the 2x1AYMA Model at Manlius Academy starting at $1,425 with a $1.50 price per square foot . Here is today’s list of the best values for Prospect apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| North George Street Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $0.80 |
| Manlius Academy | 2x1AYMA | 2BR,1BA | $1.50 |
| Wildwood Ridge Apartments | One Bedroom | 1BR,1BA | $1.33 |
| Crystal Tree Apartments | 1 Bedroom | 1BR,1BA | $1.39 |
| 1705 Genesee St | 1X1 | 1BR,1BA | $1.41 |
| Windsor Mews Apartments | 2 Bedroom Balcony | 2BR,1BA | $1.24 |
| Holiday Efficiency Apartments | Studio | 1BR,1BA | $0.93 |
| 208 Jefferson Ave | 1 Bedroom 1 Bath | 1BR,1BA | $1.31 |
| Lofts at Globe Mill | 1 Bed 1 Bath A | 1BR,1BA | $1.49 |
| Oneida Garden Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.34 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Prospect, NY Rentals by Map
See the most popular apartments and homes in Prospect, NY
Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 58 Apartments for Rent in Prospect, NY with pricing that ranges from $750 to $16,650. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $775 to $4,000.
What is the current price range for Rental Homes in Prospect?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect ranges from $775 to $4,000 with an average monthly rent of $1,980.
How much are larger Three and Four Bedroom Rentals in Prospect?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect range from $1,259 to $3,260, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,185 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $2,300.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.