
Cheap Apartments for Rent in Prospect, PA from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect.


Newberry Apartments

Green Acre Apartments

Woodlands (PA)

Colonial Oaks Apartments

Forest Heights Apartments

Sylvan Ridge Apartments
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.

Jennie Gardens Apartments

Meadow Brook

20 Sunbury Estates

46 Sunbury Estates
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.

415 Electric St

529 Federal St

220 Independence Ln

200 Independence Ln

115 Fairview Ave

9 3rd St
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.

454 Franklin St
Prospect, PA Local Guide

How much does it cost to rent an apartment in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Studio Apartments | $1,408 | $885 | $1,659 |
| Prospect 1 Bedroom Apartments | $1,507 | $725 | $2,169 |
| Prospect 2 Bedroom Apartments | $1,803 | $650 | $2,375 |
| Prospect 3 Bedroom Apartments | $2,062 | $700 | $3,589 |
| Prospect 4 Bedroom Apartments | $696 | $550 | $1,675 |
Browse Top Apartments in Prospect
See all Apartments in ProspectExplore Prospect
Prospect, PA Local Guide
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Cheapest Available Prospect Apartments for Rent and Nearby
 The cheapest available apartment rental in Prospect, PA is a 1 Bed unit found at Whitestone Village priced from $725. Madison Grove has the second lowest priced unit, which is a 2 Beds apartment currently listed from $832. Here is today’s list of the most affordable Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Whitestone Village | 1 Bed, 1 bath | 1BR,1BA | $725 |
| Madison Grove | 2 Bedroom Unit | 2BR,1BA | $832 |
| Woodlands (PA) | Studio O | Studio,1BA | $885 |
| Colonial Oaks Apartments | One Bedroom Apartment | 1BR,1BA | $895 |
| Jennie Gardens Apartments | 2bed/2 bath updated | 2BR,2BA | $963 |
Best Value Apartments for Rent in Prospect, PA and Nearby
As of November 08, 2025 the best value apartment in the Prospect area is the $0.95 price per square foot Two Bedroom Fully Upgraded Model at Pineloch Estates Apartments in the starting from $1,800. The second greatest value Prospect apartment is the 4 Bedroom 4.5 Bath Model at The Heights at Slippery Rock starting at $635 with a $0.35 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. |
|---|---|---|---|
| Pineloch Estates Apartments | Two Bedroom Fully Upgraded | 2BR,1.5BA | $0.95 |
| The Heights at Slippery Rock | 4 Bedroom 4.5 Bath | 4BR,4.5BA | $0.35 |
| Wynnwood at Freedom Road | 3x2.5 | 3BR,2.5BA | $1.27 |
| The Pointe at Adams Ridge | Royal Ashley | 2BR,2BA | $1.40 |
| Eden Square | 2 Bedroom Corner | 2BR,2BA | $1.52 |
| University Village at Slippery Rock | 2BR/2BA | 2BR,2BA | $0.72 |
| Madison Grove | 2 Bedroom Unit | 2BR,1.5BA | $0.98 |
| Jennie Gardens Apartments | 3 BD / 2BA (Updated) | 3BR,2BA | $1.49 |
| Whitestone Village | 1 Bed, 1 bath | 1BR,1BA | $1.12 |
| Colonial Oaks Apartments | One Bedroom Apartment | 1BR,1BA | $1.48 |
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.
Read ArticleDon'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 ArticleQuick Rent Budget Calculator
How much rent can you afford?
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!
Explore Prospect, PA Rentals by Map
See the most popular apartments and homes in Prospect, PA
Getting Around Prospect, PA
Walk Score®
13 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
24 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Woodlands (PA) listed at $885.
How much is rent for a Cheap One Bedroom Prospect Apartment?
The lowest price for a Cheap One Bedroom Prospect Apartment is $725 at Whitestone Village.
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 $832 at Madison Grove.
What is the most affordable Prospect Three Bedroom Apartment?
The best deal on a cheap Prospect Three Bedroom Apartment rental is at Jennie Gardens Apartments and starts from $1,190.
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.



