Cheap Apartments for Rent in Prospect, TN from $600 (25 Rentals)

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

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Creekside Apartments
1 to 3 Bedroom Apartments

Creekside Apartments

905 Magazine RdPulaski, TN 38478
  • Utilities Included
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1089 Burwell Rd
1 Bedroom Apartments

1089 Burwell Rd

1089 Burwell RdHarvest, AL 35749
  • Utilities Included

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.

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Prospect, TN Local Guide

Cheapest Available Prospect Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prospect, TN is a 1 Bed unit found at Clinton Place priced from $799. Highland Pointe in the N Outer Madison Airport neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $849. Here is today’s list of the most affordable Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Clinton Place1 BD 1 BA Renovated w/ Washer Dryer1BR,1BA$799
Highland PointeStudioStudio,1BA$849
Windsor Apartments1 BD 1 BA UPGRADED1BR,1BA$895
Athens Square Apartments2BR/1.5BA2BR,1BA$900
Tanglewood ApartmentsOne Bedroom Residence1BR,1BA$905

Best Value Apartments for Rent in Prospect, TN and Nearby

As of September 11, 2025 the best value apartment in the Prospect area is the $0.97 price per square foot Limestone Model at Parallel 36 @ Liberty in the starting from $1,899. The second greatest value Prospect apartment is the Denton Model at The Collection Madison Farms starting at $1,990 with a $1.10 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.
Parallel 36 @ LibertyLimestone4BR,2.5BA$0.97
The Collection Madison FarmsDenton3BR,2.5BA$1.10
Cambridge Place Luxury Apartments2 Bedroom2BR,2BA$0.96
Creekside At Athens3Be-fc3BR,2BA$1.04
Lucas Ferry Townhomes2 Bed 2 Bath2BR,2BA$1.15
Cleo ApartmentsThree Bedroom Two Bathrooms3BR,2BA$1.03
Belle Mor Luxury Apartments1 Deluxe1BR,1BA$1.10
Athens Square Apartments2BR/1.5BA2BR,1.5BA$0.88
Cottonwood Apartments2 Bedroom Townhome2BR,1.5BA$0.97
Higgins Estates ApartmentsTwo Bedroom2BR,1BA$1.03

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Pet Friendly Lifestyle
Prospect, TN

Ranked #176

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Prospect, TN Rentals by Map

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See the most popular apartments and homes in Prospect, TN

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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 Highland Pointe listed at $849.

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

The lowest price for a Cheap One Bedroom Prospect Apartment is $799 at Clinton Place.

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 $900 at Athens Square Apartments.

What is the most affordable Prospect Three Bedroom Apartment?

The best deal on a cheap Prospect Three Bedroom Apartment rental is at Athens Square Apartments and starts from $1,000.

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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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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

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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.