Cheap Homes for Rent in Prospect, OH from $900 (13 Rentals)

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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.

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.

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 Richwood Greene priced from $754. 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
Richwood Greene1 Bedroom1BR,1BA$754
Professional Park Townhomes & ApartmentsStudioStudio,1BA$825
228 E Center st228 E Center1BR,1BA$880
Kensington Manor2 Bedroom2BR,2BA$900
Rolling Meadows ApartmentsOne Bedroom1BR,1BA$915

Best Value Apartments for Rent in Prospect, OH and Nearby

As of June 10, 2026 the best value apartment in the Prospect area is the $1.52 price per square foot Breezewood Model at Redwood Delaware in the in the Kensington Place neighborhood starting from $1,999. The second greatest value Prospect apartment is the The Madison Model at Carson Farms starting at $1,599 with a $1.45 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood DelawareBreezewood2BR,2BA$1.52
Carson FarmsThe Madison2BR,2.5BA$1.45
Mallard LandingThe Mallard2BR,1BA$1.45
Stratford Commons Apartment Complex2 Bed2BR,1BA$1.30
Village Gates of Delaware2x1.5 Townhome2BR,1.5BA$1.46
The Bend at Hayes2BD TH2BR,1.5BA$1.23
Kensington Manor2 Bedroom2BR,2BA$1.06
Silver MapleThe Sugar Maple1BR,1BA$1.54
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

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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.

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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 41 Apartments for Rent in Prospect, OH with pricing that ranges from $300 to $3,099. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $900 to $8,500.

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 $900 to $8,500 with an average monthly rent of $2,774.

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 $970 to $2,565, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,000 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

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.