
Cheap Homes for Rent in Prospect, TN from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.


1810 Vales Mill Rd

28235 Shannon Dr

17962 Arrowhead Drive

106 Coffman Cir

19847 Shady Acres Cir

19849 Shady Acres Cir

19851 Shady Acres Cir

19853 Shady Acres Cir

310 Vine St
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 | $1,129 | $850 | $1,250 |
Prospect 3 Bedroom Homes for Rent | $1,636 | $950 | $2,395 |
Prospect 4 Bedroom Homes for Rent | $1,765 | $1,675 | $1,950 |
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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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Clinton Place | 1 BD 1 BA Renovated w/ Washer Dryer | 1BR,1BA | $799 |
Highland Pointe | Studio | Studio,1BA | $849 |
Windsor Apartments | 1 BD 1 BA UPGRADED | 1BR,1BA | $895 |
Best Value Apartments for Rent in Prospect, TN and Nearby
As of September 12, 2025 the best value apartment in the Prospect area is the $0.97 price per square foot Jackson Model at Parallel 36 @ Liberty in the starting from $1,999. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Parallel 36 @ Liberty | Jackson | 4BR,2.5BA | $0.97 |
The Collection Madison Farms | Denton | 3BR,2.5BA | $1.10 |
Cambridge Place Luxury Apartments | 2 Bedroom | 2BR,2BA | $0.96 |
Creekside At Athens | 3Be-fc | 3BR,2BA | $1.04 |
Lucas Ferry Townhomes | 2 Bed 2 Bath | 2BR,2BA | $1.15 |
Cleo Apartments | Three Bedroom Two Bathrooms | 3BR,2BA | $1.03 |
Belle Mor Luxury Apartments | 1 Deluxe | 1BR,1BA | $1.10 |
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 |
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Pet Friendly LifestyleProspect, TN
Ranked #177
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 41 Apartments for Rent in Prospect, TN with pricing that ranges from $799 to $2,645. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $850 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 $850 to $2,395 with an average monthly rent of $1,510.
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 $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,675 and Four Bedroom Apartments start at $1,899.
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.

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.

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.

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.