1547 Grand Ave
MedfordOR97504
Cheap Homes for Rent in Prospect, OR from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.
2000 Brookhurst St
MedfordOR97504
37464 Modoc Point Rd
ChiloquinOR97624
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.
37458 Modoc Point Rd
ChiloquinOR97624
71 Tracy Ave
Eagle PointOR97524
8384 Forest Grove Rd
White CityOR97503
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.
34659 Castle Dr
ChiloquinOR97624
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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 a home in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect 2 Bedroom Homes for Rent | $1,931 | $1,395 | $2,300 |
| Prospect 3 Bedroom Homes for Rent | $2,232 | $1,795 | $4,000 |
| Prospect 4 Bedroom Homes for Rent | $2,830 | $2,095 | $3,695 |
| Prospect 5 Bedroom Homes for Rent | $4,300 | $4,300 | $4,300 |
Browse Top Homes for Rent in Prospect
Explore 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 Bartlett Street Apartments in the Downtown Medford neighborhood priced from $1,000. Genesis Apartments in the Downtown Medford neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here is today’s list of the most affordable Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bartlett Street Apartments | #9 | 1BR,1BA | $1,000 |
| Genesis Apartments | Studio | Studio,1BA | $1,095 |
| Orchard Glen Estates | 2 Bedroom 1.5 Bath Apartment | 2BR,1BA | $1,195 |
Best Value Apartments for Rent in Prospect, OR and Nearby
As of July 27, 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 2x2 Model at Anjou Club Apartment Homes starting at $1,499 with a $1.52 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 |
| Anjou Club Apartment Homes | 2x2 | 2BR,2BA | $1.52 |
| Preble Way Apartments | Preble Apartments Winter Warm-Up: Move In & Sav... | 2BR,2BA | $1.76 |
| Charles Point | 2 Bedroom 1.5 Bath Apartment | 2BR,1.5BA | $1.58 |
| Smith Crossing Apartments | 2 Bedroom 1.5 Bath Apartment | 2BR,1.5BA | $1.71 |
| Orchard Glen Estates | 2 Bedroom 1.5 Bath Apartment | 2BR,1.5BA | $1.48 |
| Bartlett Street Apartments | #13 | 1BR,1BA | $2.00 |
| Ashland Hills Hotel Apartments | Furnished Double-Double Kitchen Suite | 2BR,1BA | $3.30 |
| Valley Pines | Studio | Studio ,1BA | $2.04 |
| Genesis Apartments | Studio | Studio ,1BA | $3.26 |
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Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 36 Apartments for Rent in Prospect, OR with pricing that ranges from $745 to $2,375. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $1,395 to $4,300.
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 $1,395 to $4,300 with an average monthly rent of $2,823.
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 $1,550 to $2,375, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $1,795.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.