Cheap Apartments for Rent in Prospect, PA from $500 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in Prospect.

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.

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.

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.

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Madison Grove
2 Bedroom Apartments

Madison Grove

331 Grove City RdSlippery Rock, PA 16057
  • Utilities Included

Prospect, PA Local Guide

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 ListingModel NameBed/BathPriced From
Sylvan Ridge Apartments1 Bedroom1BR,1BA$735
Jennie Gardens Apartments2 Beds, 1 Baths2BR,1BA$800
Madison Grove2 Bedroom Unit2BR,1BA$1,073
Meadow BrookThe Solitaire1BR,1BA$1,080
Chatham Commons of Cranberry1x11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pineloch Estates ApartmentsTwo Bedroom Fully Upgraded2BR,1.5BA$0.95
The Heights at Slippery Rock4 Bedroom 4.5 Bath4BR,4.5BA$0.36
Shannon Mills5262BR,2BA$1.32
Wynnwood at Freedom Road3x2.53BR,2.5BA$1.12
Forest Heights Apartments3 Bedroom, Phase II3BR,2.5BA$1.23
The Grove at Slippery Rock2BR/2BA2BR,2BA$0.79
Sylvan Ridge Apartments2 Bedroom2BR,1BA$1.01
Madison Grove2 Bedroom Unit2BR,1.5BA$1.27
Campus Side Apartments2 Bed / 1 Bath2BR,1BA$0.77
Jennie Gardens Apartments2 Beds, 1 Baths2BR,1BA$1.14

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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.

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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.

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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.

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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.

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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.