Cheap Apartments for Rent in Prospect, OH from $300 (46 Rentals)

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

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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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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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.

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Heritage Apartments
1 to 2 Bedroom Apartments

Heritage Apartments

1388 Southland PkwyMarion, OH 43302
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Community View
Studio to 1 Bedroom Apartments

Community View

1250 Crescent Heights RdMarion, OH 43302
Senior Living
  • Utilities Included

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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186 E Winter St
3 Bedroom Apartments

186 E Winter St

184-186 E Winter StDelaware, OH 43015

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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Showing Results 1-46, 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 1 Bed unit found at Colony House in the Kensington Place neighborhood priced from $750. Rolling Meadows Apartments in the Westfield Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $770. Here is today’s list of the most affordable Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colony House1 Bedroom and 1 Bath1BR,1BA$750
Rolling Meadows ApartmentsStudioStudio,1BA$770
Professional Park Townhomes & ApartmentsStudioStudio,1BA$825
228 E Center st228 E Center1BR,1BA$880
Kensington Manor2 Bedroom2BR,2BA$900
Creekbend & Chase TownhomesOne Bedroom Townhome1BR,1BA$965
Silver MapleThe Sugar Maple1BR,1BA$999
Muirwood Village1x11BR,1BA$1,011
Forest BrookeThe Delaware2BR,1BA$1,065
The Bend at Hayes2BD TH2BR,1BA$1,098

Best Value Apartments for Rent in Prospect, OH and Nearby

As of July 01, 2026 the best value apartment in the Prospect area is the $1.51 price per square foot Isleworth 3 Model at The Residences at Lucy Ridge in the in the Westfield Hills neighborhood starting from $2,045. The second greatest value Prospect apartment is the Meadowood Model at Redwood Delaware starting at $2,024 with a $1.53 price per square foot in the Kensington Place neighborhood. 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 Residences at Lucy RidgeIsleworth 32BR,2BA$1.51
Redwood DelawareMeadowood2BR,2BA$1.53
Stratford Commons2 Bed2BR,1BA$1.30
Mallard LandingThe Mallard2BR,1BA$1.45
The Bend at Hayes2BD TH2BR,1.5BA$1.13
Kensington Manor2 Bedroom2BR,2BA$1.06
Forest BrookeThe Delaware2BR,1BA$1.26
Colony House1 Bedroom and 1 Bath1BR,1BA$1.00
The Annex of Marion2 Bed 1 Bath2BR,1BA$1.01
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

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

The lowest price for a Cheap One Bedroom Prospect Apartment is $750 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 $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 Professional Park Townhomes & Apartments and starts from $1,150.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.