Cheap Apartments for Rent in Prospect, OH from $388 (47 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Heritage Apartments
1 to 2 Bedroom Apartments

Heritage Apartments

1388 Southland PkwyMarion, OH 43302
  • Utilities Included
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Richwood Greene
1 to 2 Bedroom Apartments

Richwood Greene

235 Grove StRichwood, OH 43344
Senior Living
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Community View
Studio to 1 Bedroom Apartments

Community View

1250 Crescent Heights RdMarion, OH 43302
Senior Living
  • Utilities Included
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186 E Winter St
3 Bedroom Apartments

186 E Winter St

184-186 E Winter StDelaware, OH 43015

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.

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Showing Results 1-47, Page 1 of 1

Prospect, OH Local Guide

Cheapest Available Prospect Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prospect, OH is a Studio unit found at Rolling Meadows Apartments in the Westfield Hills neighborhood priced from $770. Professional Park Townhomes & Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rolling Meadows ApartmentsStudioStudio,1BA$770
Professional Park Townhomes & ApartmentsStudioStudio,1BA$825
Colony House1 Bedroom and 1 Bath1BR,1BA$825
Vanover Square ApartmentsWilliamsburg2BR,1BA$849
The WillowsStandard Studio ApartmentStudio,1BA$860
228 E Center st228 E Center1BR,1BA$880
Kensington Manor2 Bedroom2BR,2BA$900
Greenwood Commons ApartmentsThe Fern1BR,1BA$999
Silver MapleThe Sugar Maple1BR,1BA$999
Muirwood Village1x11BR,1BA$1,011

Best Value Apartments for Rent in Prospect, OH and Nearby

As of August 26, 2026 the best value apartment in the Prospect area is the $1.45 price per square foot The Charleston Model at Carson Farms in the in the Westfield Hills neighborhood starting from $1,598. The second greatest value Prospect apartment is the The Mallard (Renovated 2 Bedroom + Den) Model at Mallard Landing starting at $1,450 with a $1.45 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.
Carson FarmsThe Charleston2BR,1.5BA$1.45
Mallard LandingThe Mallard (Renovated 2 Bedroom + Den)2BR,1BA$1.45
Stratford Commons2 Bed2BR,1BA$1.30
Kensington Manor2 Bedroom2BR,2BA$1.06
Stratford Town Apartments2 bdrm garden style2BR,1BA$1.30
Forest BrookeThe Delaware2BR,1BA$1.26
Vanover Square ApartmentsWilliamsburg2BR,1BA$1.09
Colony House1 Bedroom and 1 Bath1BR,1BA$1.10
The Annex of Marion2 Bed 1 Bath2BR,1BA$1.14
American Tradition Properties1 Bedroom1BR,1BA$1.43

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.

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Real 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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Quick 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.

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

Explore Prospect, OH Rentals by Map

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See the most popular apartments and homes in Prospect, OH

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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 Rolling Meadows Apartments listed at $770.

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

The lowest price for a Cheap One Bedroom Prospect Apartment is $825 at Colony House.

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 $849 at Vanover Square Apartments.

What is the most affordable Prospect Three Bedroom Apartment?

The best deal on a cheap Prospect Three Bedroom Apartment rental is at Kensington Manor and starts from $970.

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

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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.

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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.

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.