113 Onyx St
Eagle PointOR97524
Cheap Apartments for Rent in Prospect, OR from $800 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect.
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433 N Grape St
MedfordOR97501
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$1,000 - $1,1001 Bedroom Apartments Available Now
Bartlett Street Apartments
520 N Bartlett StMedford, OR 97501
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$1,095 - $1,395Studio to 2 Bedroom Apartments Available Now
Genesis Apartments
121 S Holly StMedford, OR 97501
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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Rent Specials
$1,095 - $1,145Studio Apartments Available Now
The Jackson
518 N Riverside AveMedford, OR 97501
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$1,100 - $1,5501 to 2 Bedroom Apartments Available Now
Poplar Village North
1801 Poplar DrMedford, OR 97504
607 W 11th St
MedfordOR97501
311 Laurel St
MedfordOR97501
144 Onyx St
Eagle PointOR97524
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.
1526 W Main St
MedfordOR97501
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101 Erickson Ave
Shady CoveOR97539
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10 Dion Ct
Shady CoveOR97539
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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Prospect, OR Local Guide
Tulip farm by Sheila Sund is licensed under CC BY 2.0
How much does it cost to rent an apartment in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Studio Apartments | $1,198 | $937 | $1,495 |
| Prospect 1 Bedroom Apartments | $1,266 | $865 | $2,100 |
| Prospect 2 Bedroom Apartments | $1,442 | $1,150 | $2,100 |
| Prospect 3 Bedroom Apartments | $1,759 | $1,361 | $2,000 |
Browse Top Apartments in Prospect
See all Apartments in ProspectExplore Prospect
Prospect, OR Local Guide
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Cheapest Available Prospect Apartments for Rent and Nearby
The cheapest available apartment rental in Prospect, OR is a 1 Bed unit found at Valley Pines priced from $997. Bartlett Street Apartments in the Downtown Medford neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Valley Pines | 1 Bedroom | 1BR,1BA | $997 |
| Bartlett Street Apartments | #9 | 1BR,1BA | $1,000 |
| Genesis Apartments | Studio | Studio,1BA | $1,095 |
| The Jackson | E Building | Studio,1BA | $1,095 |
| Orchard Glen Estates | 2 Bedroom 1.5 Bath Apartment | 2BR,1BA | $1,275 |
Best Value Apartments for Rent in Prospect, OR and Nearby
As of October 24, 2025 the best value apartment in the Prospect area is the $1.26 price per square foot 3 Bed 2.5 Bath Model at Oak Grove Estates in the starting from $1,895. The second greatest value Prospect apartment is the 3X2A Model at Ridgewood starting at $2,035 with a $1.43 price per square foot . 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. |
|---|---|---|---|
| Oak Grove Estates | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.26 |
| Ridgewood | 3X2A | 3BR,2BA | $1.43 |
| Poplar Village North | Floor Plan B | 2BR,2BA | $1.14 |
| Riverwood Apartments | 2 Bedroom 2 Bath - 1010 sq. ft. | 2BR,2BA | $1.46 |
| Anjou Club Apartment Homes | 2x1 | 2BR,1BA | $1.52 |
| Charles Point | 2 Bedroom 1.5 Bath Apartment | 2BR,1.5BA | $1.73 |
| Smith Crossing Apartments | 2 Bedroom 1.5 Bath Apartment | 2BR,1.5BA | $1.77 |
| Orchard Glen Estates | 2 Bedroom 1.5 Bath Apartment | 2BR,1.5BA | $1.58 |
| The Jackson | E Building | Studio ,1BA | $1.37 |
| Valley Pines | 1 Bedroom | 1BR,1BA | $1.57 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
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Explore Prospect, OR Rentals by Map
See the most popular apartments and homes in Prospect, OR
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 The Jackson listed at $1,095.
How much is rent for a Cheap One Bedroom Prospect Apartment?
The lowest price for a Cheap One Bedroom Prospect Apartment is $997 at Valley Pines.
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 $1,189 at Valley Pines.
What is the most affordable Prospect Three Bedroom Apartment?
The best deal on a cheap Prospect Three Bedroom Apartment rental is at Charles Point and starts from $1,595.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.