
Cheap Apartments for Rent in Prospect, PA from $500 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect.


Newberry Apartments

Green Acre Apartments

Colonial Oaks Apartments

Forest Heights Apartments
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.

Meadow Brook

875 New Castle Rd
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.

415 Electric St

108 St Andrews Dr

220 Independence Ln

115 Fairview Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

120 N 6th Ave

6 E Morehead Ave
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 | $1,322 | $1,205 | $1,439 |
Prospect 1 Bedroom Apartments | $1,828 | $735 | $3,770 |
Prospect 2 Bedroom Apartments | $2,216 | $650 | $4,652 |
Prospect 3 Bedroom Apartments | $2,246 | $705 | $5,901 |
Prospect 4 Bedroom Apartments | $726 | $550 | $1,675 |
Browse Top Apartments in Prospect
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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 Sylvan Ridge Apartments priced from $735. Jennie Gardens Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable Prospect apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Sylvan Ridge Apartments | 1 Bedroom | 1BR,1BA | $735 |
Jennie Gardens Apartments | 2 Beds, 1 Baths | 2BR,1BA | $800 |
Madison Grove | 2 Bedroom Unit | 2BR,1BA | $1,073 |
Meadow Brook | The Solitaire | 1BR,1BA | $1,080 |
Chatham Commons of Cranberry | 1x1 | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Prospect, PA and Nearby
As of July 30, 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 $645 with a $0.36 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 | $0.36 |
Shannon Mills | 526 | 2BR,2BA | $1.32 |
Wynnwood at Freedom Road | 3x2.5 | 3BR,2.5BA | $1.12 |
Forest Heights Apartments | 3 Bedroom, Phase II | 3BR,2.5BA | $1.23 |
The Grove at Slippery Rock | 2BR/2BA | 2BR,2BA | $0.79 |
Sylvan Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.01 |
Madison Grove | 2 Bedroom Unit | 2BR,1.5BA | $1.27 |
Campus Side Apartments | 2 Bed / 1 Bath | 2BR,1BA | $0.77 |
Jennie Gardens Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.14 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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
How much is rent for a Cheap One Bedroom Prospect Apartment?
The lowest price for a Cheap One Bedroom Prospect Apartment is $735 at Sylvan Ridge Apartments.
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 $800 at Jennie Gardens Apartments.
What is the most affordable Prospect Three Bedroom Apartment?
The best deal on a cheap Prospect Three Bedroom Apartment rental is at Wynnwood at Freedom Road and starts from $1,474.
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.

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.

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.