
Cheap Homes for Rent in Prospect, OH from $700 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.


402 Forest Ln

208 Forest Ln

298 Midlam Ave

16 Belle Ave
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.

24 Ohio St

386 N Franklin St

384 N Franklin St

392 N Franklin St

390 N Franklin St
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.

382 N Franklin St

388 N Franklin St

1421 Wabash Ave

941 Fairwood Ave

2121 Panhandle Rd
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.

220 Gurley Ave
Prospect, OH 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 | $1,236 | $900 | $1,999 |
| Prospect 3 Bedroom Homes for Rent | $1,796 | $1,189 | $2,999 |
| Prospect 4 Bedroom Homes for Rent | $2,752 | $1,765 | $3,950 |
| Prospect 5 Bedroom Homes for Rent | $3,145 | $2,695 | $3,750 |
Browse Top Homes for Rent 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 Rolling Meadows Apartments in the Westfield Hills neighborhood priced from $750. 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 |
|---|---|---|---|
| Rolling Meadows Apartments | Studio | Studio,1BA | $750 |
| Professional Park Townhomes & Apartments | Studio | Studio,1BA | $825 |
| 228 E Center st unit 102 | 228 E Center | 1BR,1BA | $880 |
| Kensington Manor | 3 Bedroom | 3BR,2BA | $950 |
| Creekbend & Chase Townhomes | Creekbend Townhome - Gold | 1BR,1BA | $950 |
Best Value Apartments for Rent in Prospect, OH and Nearby
As of December 27, 2025 the best value apartment in the Prospect area is the $1.45 price per square foot Willowood Model at Redwood Delaware in the in the Kensington Place neighborhood starting from $1,999. The second greatest value Prospect apartment is the 2/2 Ranch Model at Village Gates of Delaware starting at $1,450 with a $1.44 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Delaware | Willowood | 2BR,2BA | $1.45 |
| Village Gates of Delaware | 2/2 Ranch | 2BR,2BA | $1.44 |
| Mallard Landing | The Drake | 2BR,1BA | $1.25 |
| Stratford Commons | 2 Bed | 2BR,1BA | $1.30 |
| The Bend at Hayes | 2BD TH | 2BR,1.5BA | $1.23 |
| Kensington Manor | 3 Bedroom | 3BR,2BA | $1.00 |
| Austin Manor | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.13 |
| Fox Chase | The Rose | 2BR,2BA | $1.38 |
| Stratford Park | 2 bed 1 bath | 2BR,1BA | $1.20 |
| The Annex of Marion | 2 Bed 1 Bath | 2BR,1BA | $1.01 |
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 ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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!
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Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 39 Apartments for Rent in Prospect, OH with pricing that ranges from $300 to $3,007. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $700 to $3,950.
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 $700 to $3,950 with an average monthly rent of $1,925.
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 $950 to $2,565, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,189 to $2,999. Four Bedroom Single-Family rentals are also available starting from $1,765 and Four Bedroom Apartments start at $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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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!