
Cheap Homes for Rent in Prospect, TN from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.


16574 Jamilynn Dr

17962 Arrowhead Drive

16968 Carter Cir

1201 W Washington St
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.

19849 Shady Acres Cir

19847 Shady Acres Cir

19821 Shady Acres Cir

16576 Jamilynn Dr

29402 8th Ave E
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.

23410 Miss Leslie Wy
Prospect, TN Local Guide

How much does it cost to rent a home in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect 2 Bedroom Homes for Rent | $1,184 | $945 | $1,395 |
| Prospect 3 Bedroom Homes for Rent | $1,712 | $1,375 | $2,000 |
| Prospect 4 Bedroom Homes for Rent | $1,791 | $1,450 | $2,395 |
Browse Top Homes for Rent in Prospect
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Prospect, TN Local Guide
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Cheapest Available Prospect Apartments for Rent and Nearby
 The cheapest available apartment rental in Prospect, TN is a Studio unit found at Creekside priced from $755. Clinton Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Creekside | 1 Bedroom | Studio,1BA | $755 |
| Clinton Place | 1 BD 1 BA Renovated w/ Washer Dryer | 1BR,1BA | $799 |
| Highland Pointe | Studio | Studio,1BA | $849 |
| Athens Square Apartments | 2BR/1.5BA | 2BR,1BA | $900 |
| Tanglewood Apartments | One Bedroom Residence | 1BR,1BA | $905 |
Best Value Apartments for Rent in Prospect, TN and Nearby
As of November 12, 2025 the best value apartment in the Prospect area is the $1.02 price per square foot Jackson Model at Parallel 36 @ Liberty in the starting from $2,099. The second greatest value Prospect apartment is the 3x2a Model at Solstice Apartments starting at $1,805 with a $1.06 price per square foot in the N Outer Madison Airport neighborhood. 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. |
|---|---|---|---|
| Parallel 36 @ Liberty | Jackson | 4BR,2.5BA | $1.02 |
| Solstice Apartments | 3x2a | 3BR,2BA | $1.06 |
| Cambridge Place Luxury Apartments | 2 Bedroom | 2BR,2BA | $0.96 |
| 18 Watercress Green | The Craftsman | 3BR,2BA | $1.02 |
| Cleo Apartments | Three Bedroom Two Bathrooms | 3BR,2BA | $1.03 |
| Autumn Falls | Brand New 2 Bedroom 2 Bathroom END Unit | 2BR,2BA | $1.07 |
| Belle Mor Luxury Apartments | 1 Deluxe | 1BR,1BA | $0.93 |
| Athens Square Apartments | 2BR/1.5BA | 2BR,1.5BA | $0.88 |
| Cottonwood Apartments | 2 Bedroom Townhome | 2BR,1.5BA | $0.97 |
| Higgins Estates Apartments | Two Bedroom | 2BR,1BA | $1.03 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleProspect, TN
Ranked #161
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 43 Apartments for Rent in Prospect, TN with pricing that ranges from $799 to $2,645. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $945 to $2,395.
What is the current price range for Rental Homes in Prospect?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect ranges from $945 to $2,395 with an average monthly rent of $1,452.
How much are larger Three and Four Bedroom Rentals in Prospect?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect range from $1,100 to $2,470, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,695.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.