Cheap Apartments for Rent near Prospect, TN from $315 (33 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.

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.

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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1089 Burwell Rd
1 Bedroom Apartments

1089 Burwell Rd

1089 Burwell RdHarvest, AL 35749
Corporate 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.

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 Creekside priced from $751. Swan Creek Apartments in the Athens neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Creekside1 Bedroom1BR,1BA$751
Swan Creek Apartments1 bedroom1BR,1BA$795
Tanglewood ApartmentsTwo Bedroom Residence2BR,1BA$799
Athens Square Apartments1BR/1.0BA1BR,1BA$800
Windsor Apartments1 BD 1 BA UPGRADED1BR,1BA$849
Highland PointeOne Bedroom1BR,1BA$899
Magnolia RowDogwood1BR,1BA$899
1010 EllistonStudio LargeStudio,1BA$899
Cleo ApartmentsOne Bedroom One Bathroom1BR,1BA$900
Clinton Place1 BD 1 BA Renovated w/ Washer Dryer1BR,1BA$949

Best Value Apartments for Rent in Prospect, TN and Nearby

As of August 26, 2026 the best value apartment in the Prospect area is the $0.99 price per square foot The Oasis Model at Solstice Apartments in the in the N Outer Madison Airport neighborhood starting from $1,875. The second greatest value Prospect apartment is the Anson Model at The Collection at Madison Farms starting at $1,820 with a $0.99 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.
Solstice ApartmentsThe Oasis3BR,2BA$0.99
The Collection at Madison FarmsAnson3BR,2.5BA$0.99
Hidden River TownhomesFairmont B - Fairmont B3BR,2.5BA$1.11
Belle Mor2 DLX2BR,2BA$0.92
The Palladian at PromenadeGemini2BR,2BA$1.16
Cambridge Place Luxury Townhomes2 Bedroom2BR,2BA$1.06
The Henry3 Bed 2 Bath Renovated3BR,2BA$0.99
Creekside1 Bedroom1BR,1BA$1.00
Swan Creek Apartments1 bedroom1BR,1BA$1.06
Athens Square Apartments1BR/1.0BA1BR,1BA$1.07

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

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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 1010 Elliston listed at $899.

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

The lowest price for a Cheap One Bedroom Prospect Apartment is $751 at Creekside.

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 $799 at Tanglewood Apartments.

What is the most affordable Prospect Three Bedroom Apartment?

The best deal on a cheap Prospect Three Bedroom Apartment rental is at Creekside and starts from $1,043.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.