30047 Bankston Rd
ArdmoreTN38449
Cheap Homes for Rent in Prospect, TN from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.
1019 McKee Rd
ToneyAL35773
11561 Rosebud Ln
LesterAL35647
1810 Vales Mill Rd
PulaskiTN38478
17960 Arrowhead Drive
AthensAL35611
215 Brian Dr
ArdmoreAL35739
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.
410 Chestnut St
AthensAL35611
17962 Arrowhead Drive
AthensAL35611
314 Browns Ferry St
AthensAL35611
514 Browns Ferry St
AthensAL35611
17705 Parker Rd
AthensAL35611
30401 Fort Hampton St
ArdmoreTN38449
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.
30540 Wooley Springs Rd
ToneyAL35773
Showing Results 1-13, Page 1 of 1
Prospect, TN Local Guide
Tree Lined Road in Tennessee by darshansphotos is licensed under CC BY 2.0
How much does it cost to rent a home in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect 2 Bedroom Homes for Rent | $1,191 | $895 | $1,995 |
| Prospect 3 Bedroom Homes for Rent | $1,553 | $900 | $2,275 |
| Prospect 4 Bedroom Homes for Rent | $2,108 | $1,550 | $2,800 |
Browse Top Homes for Rent in Prospect
Explore Prospect
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 1 Bed unit found at Clinton Place priced from $799. Athens Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Clinton Place | 1 BD 1 BA Renovated w/ Washer Dryer | 1BR,1BA | $799 |
| Athens Square Apartments | 1BR/1.0BA | 1BR,1BA | $800 |
| Windsor Apartments | 1 BD 1 BA UPGRADED | 1BR,1BA | $849 |
| Highland Pointe | Studio | Studio,1BA | $849 |
| The Henry | 2 Bed 2 Bath Renovated | 2BR,2BA | $869 |
Best Value Apartments for Rent in Prospect, TN and Nearby
As of April 24, 2026 the best value apartment in the Prospect area is the $1.01 price per square foot Anson Model at The Collection Madison Farms in the starting from $1,845. The second greatest value Prospect apartment is the 2 Deluxe Model at Belle Mor Luxury Apartments starting at $1,399 with a $0.86 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. |
|---|---|---|---|
| The Collection Madison Farms | Anson | 3BR,2.5BA | $1.01 |
| Belle Mor Luxury Apartments | 2 Deluxe | 2BR,2BA | $0.86 |
| Cambridge Place Luxury Apartments | 2 Bedroom | 2BR,2BA | $1.06 |
| 18 Watercress Green | The Craftsman | 3BR,2BA | $0.95 |
| Lucas Ferry Townhomes | 2 Bed 2 Bath | 2BR,2BA | $1.02 |
| Cleo Apartments | Three Bedroom Two Bathrooms | 3BR,2BA | $1.07 |
| Autumn Falls | Brand New 2 Bedroom 2 Bathroom END Unit | 2BR,2BA | $1.07 |
| The Henry | 3 Bed 2 Bath Renovated | 3BR,2BA | $0.99 |
| Weston Ranch | Wyoming | 2BR,2BA | $1.01 |
| Athens Square Apartments | 1BR/1.0BA | 1BR,1BA | $1.07 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
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 ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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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Explore Prospect, TN Rentals by Map
See the most popular apartments and homes in Prospect, TN
Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 44 Apartments for Rent in Prospect, TN with pricing that ranges from $650 to $2,695. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $600 to $2,800.
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 $600 to $2,800 with an average monthly rent of $1,431.
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 $1,145 to $2,420, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $2,275. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $1,695.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.