
Cheap Apartments for Rent in Prospect, OH from $300 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect.


Vanover Square Apartments

Colony House

Rolling Meadows Apartments

Professional Park Townhomes & Apartments

Austin Manor

228 E Center st

The Willows
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.

Kensington Manor

Stratford Town Apartments

Hayes Colony Apartments

Creekbend & Chase Townhomes

Muirwood Village

Stratford Park

Forest Brooke

Silver Maple
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.

Stratford Commons

Troy Farms

Fox Chase

Village Gates of Delaware

Water's Edge

Seattle House

The Bend at Hayes

The Mill on Flax
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Trotters Landing

Flats at Sugar Run

Mallard Landing

The Flats on Houk

Carson Farms

Heritage Apartments

Richwood Greene

Greenwood Commons Apartments
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.

Hidden Ridge Apartments

Community View

2071 Smoky View Blvd

3899 Marion-Williamsport Rd E

Autumn Chase Apartments

2121 Panhandle Rd

186 E Winter St

777 Milcrest Dr
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.

240 Richards Dr
Prospect, OH Local Guide

How much does it cost to rent an apartment in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Studio Apartments | $1,064 | $770 | $1,285 |
| Prospect 1 Bedroom Apartments | $1,297 | $699 | $2,497 |
| Prospect 2 Bedroom Apartments | $1,651 | $600 | $3,099 |
| Prospect 3 Bedroom Apartments | $1,875 | $970 | $2,565 |
| Prospect 4 Bedroom Apartments | $575 | $300 | $1,000 |
Browse Top Apartments in Prospect
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Prospect, OH Local Guide
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Cheapest Available Prospect Apartments for Rent and Nearby
 The cheapest available apartment rental in Prospect, OH is a Studio unit found at Community View priced from $799. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Community View | Studio Apartment | Studio,1BA | $799 |
| Professional Park Townhomes & Apartments | Studio | Studio,1BA | $825 |
| 228 E Center st | 228 E Center | 1BR,1BA | $880 |
| Kensington Manor | 2 Bedroom | 2BR,2BA | $900 |
| Rolling Meadows Apartments | One Bedroom | 1BR,1BA | $915 |
| Creekbend & Chase Townhomes | Creekbend Townhome - Gold | 1BR,1BA | $985 |
| Muirwood Village | 1x1 | 1BR,1BA | $1,011 |
| Silver Maple | The Sugar Maple | 1BR,1BA | $1,084 |
| Fox Chase | The Daisy | 1BR,1BA | $1,103 |
| Autumn Chase Apartments | Chase Townhome - Gold | 2BR,1BA | $1,110 |
Best Value Apartments for Rent in Prospect, OH and Nearby
As of May 16, 2026 the best value apartment in the Prospect area is the $1.60 price per square foot Meadowood Model at Redwood Delaware Addison Farms in the in the Kensington Place neighborhood starting from $2,124. The second greatest value Prospect apartment is the The Dover Model at Carson Farms starting at $1,953 with a $1.57 price per square foot in the Westfield Hills neighborhood. 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. |
|---|---|---|---|
| Redwood Delaware Addison Farms | Meadowood | 2BR,2BA | $1.60 |
| Carson Farms | The Dover | 3BR,2.5BA | $1.57 |
| Stratford Commons | 2 Bed | 2BR,1BA | $1.30 |
| Mallard Landing | The Mallard | 2BR,1BA | $1.45 |
| The Bend at Hayes | 2BD TH | 2BR,1.5BA | $1.23 |
| Kensington Manor | 2 Bedroom | 2BR,2BA | $1.06 |
| Trotters Landing | Aspen | 1BR,1BA | $1.59 |
| The Annex of Marion | 2 Bed 1 Bath | 2BR,1BA | $1.01 |
| Rolling Meadows Apartments | One Bedroom | 1BR,1BA | $1.59 |
| Harrison House | 1 Bedroom | 1BR,1BA | $1.24 |
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 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.
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, OH Rentals by Map
See the most popular apartments and homes in Prospect, OH
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 Community View listed at $799.
How much is rent for a Cheap One Bedroom Prospect Apartment?
The lowest price for a Cheap One Bedroom Prospect Apartment is $880 at 228 E Center st.
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 $900 at Kensington Manor.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.