Cheap Apartments for Rent near Prospect, PA from $300 (27 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Boundary Lofts
1 to 3 Bedroom Apartments

Boundary Lofts

1009 N Boundary RdCranberry Township, PA 16066

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Green Acre Apartments
1 to 2 Bedroom Apartments

Green Acre Apartments

200 Litman RdButler, PA 16001
  • Utilities Included
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Cooper Street Apartments
2 to 3 Bedroom Apartments

Cooper Street Apartments

227 W Cooper StSlippery Rock, PA 16057
Student Housing
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Showing Results 1-27, Page 1 of 1

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 100 Whitestown Village in the Butler County neighborhood priced from $725. 221 N Washington St in the Butler County neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
100 Whitestown Village1 Bedroom1BR,1BA$725
221 N Washington StEfficiencyStudio,1BA$850
Sylvan Ridge Apartments2 Bed / 1 Bath (Fireplace)2BR,1BA$910
Mayfield Village2 Beds, 1.5 baths2BR,1BA$1,000
Madison Grove1 Bedroom 1 Bath1BR,1BA$1,129
Laurelwood Apartments and Townhouses1x1-6501BR,1BA$1,150
Chatham Commons of Cranberry1x11BR,1BA$1,265
The Estates at Seven FieldsSmall - 1 Bdrm1BR,1BA$1,285
Woodlands (PA)Studio One Bath OpenStudio,1BA$1,305
Thompson Greene2 Bedroom2BR,1BA$1,375

Best Value Apartments for Rent in Prospect, PA and Nearby

As of August 09, 2026 the best value apartment in the Prospect area is the $0.36 price per square foot 4 Bedroom 4.5 Bath Model at The Heights at Slippery Rock in the in the Butler County neighborhood starting from $645. The second greatest value Prospect apartment is the 507 Model at Shannon Mills starting at $1,750 with a $1.30 price per square foot in the Butler County neighborhood. 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.
The Heights at Slippery Rock4 Bedroom 4.5 Bath4BR,4.5BA$0.36
Shannon Mills5072BR,2BA$1.30
Reserve at Cranberry Springs2 Bedroom w/ Den2BR,2BA$1.48
Units within Foxmoor Condominiums2 Bed2BR,2BA$1.17
South Rock Apartments4 Beds, 2 baths4BR,2BA$0.38
Campus Side Apartments4 Bed / 1.5 Bathroom4BR,1.5BA$0.29
Thompson Greene2 Bedroom2BR,1BA$1.38
Sylvan Ridge Apartments2 Bed / 1 Bath (renovated)2BR,1BA$1.14
Mayfield Village2 Beds, 1.5 baths2BR,1.5BA$1.18
100 Whitestown Village1 Bedroom1BR,1BA$1.12

Don'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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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

Explore Prospect, PA Rentals by Map

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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 221 N Washington St listed at $850.

How much is rent for a Cheap One Bedroom Prospect Apartment?

The lowest price for a Cheap One Bedroom Prospect Apartment is $725 at 100 Whitestown 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 $910 at Sylvan Ridge Apartments.

What is the most affordable Prospect Three Bedroom Apartment?

The best deal on a cheap Prospect Three Bedroom Apartment rental is at Madison Grove and starts from $1,553.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.