101 Erickson Ave
Shady CoveOR97539
Cheap Homes for Rent in Prospect, OR from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.
1547 Grand Ave
MedfordOR97504
7857 Houston Lp
MedfordOR97503
2682 Paloma Ave
MedfordOR97504
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.
3161 Juniper Ridge Dr
MedfordOR97504
37464 Modoc Point Rd
ChiloquinOR97624
73 Tracy Ave
Eagle PointOR97524
71 Tracy Ave
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.
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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 | $1,777 | $1,295 | $2,300 |
| Prospect 3 Bedroom Homes for Rent | $2,307 | $1,695 | $3,125 |
| 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 Studio unit found at Valley Pines priced from $937. 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 | Studio | Studio,1BA | $937 |
| Bartlett Street Apartments | #9 | 1BR,1BA | $1,000 |
| Genesis Apartments | Studio | Studio,1BA | $1,095 |
Best Value Apartments for Rent in Prospect, OR and Nearby
As of September 17, 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 $2,075 with a $1.45 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 | $1.45 |
| Oak Springs | Two Bedroom | 2BR,2BA | $1.46 |
| Anjou Club Apartment Homes | 2x1 | 2BR,1BA | $1.63 |
| 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 |
| Poplar Village North | Floor Plan A | 1BR,1BA | $1.41 |
| Bartlett Street Apartments | #13 | 1BR,1BA | $2.00 |
| Valley Pines | Studio | Studio ,1BA | $2.04 |
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See the most popular apartments and homes in Prospect, OR
Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 42 Apartments for Rent in Prospect, OR with pricing that ranges from $937 to $2,350. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $995 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 $995 to $4,300 with an average monthly rent of $2,134.
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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.