30047 Bankston Rd
ArdmoreTN38449
Cheap Homes for Rent in Prospect, TN from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.
11561 Rosebud Ln
LesterAL35647
17960 Arrowhead Drive
AthensAL35611
116 W Shoal St
PulaskiTN38478
215 Brian Dr
ArdmoreAL35739
17962 Arrowhead Drive
AthensAL35611
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.
314 Browns Ferry St
AthensAL35611
17705 Parker Rd
AthensAL35611
30401 Fort Hampton St
ArdmoreTN38449
30540 Wooley Springs Rd
ToneyAL35773
411 S Marion St
AthensAL35611
30222 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.
Showing Results 1-12, 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 | $1,192 | $900 | $1,995 |
| Prospect 3 Bedroom Homes for Rent | $1,551 | $1,045 | $2,000 |
| Prospect 4 Bedroom Homes for Rent | $2,250 | $1,850 | $2,800 |
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 1 Bed unit found at Creekside priced from $751. Tanglewood Apartments has the second lowest priced unit, which is a 2 Beds 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 | 1BR,1BA | $751 |
| Tanglewood Apartments | Two Bedroom Residence | 2BR,1BA | $799 |
| 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 |
Best Value Apartments for Rent in Prospect, TN and Nearby
As of June 08, 2026 the best value apartment in the Prospect area is the $0.96 price per square foot Apollo Model at The Palladian at Promenade in the in the N Outer Madison Airport neighborhood starting from $1,920. The second greatest value Prospect apartment is the The Oasis Model at Solstice Apartments starting at $2,200 with a $1.16 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 Palladian at Promenade | Apollo | 3BR,2.5BA | $0.96 |
| Solstice Apartments | The Oasis | 3BR,2BA | $1.16 |
| The Collection Madison Farms | Anson | 3BR,2.5BA | $0.99 |
| Hidden River Townhomes | Fairmont A - Fairmont A | 3BR,2.5BA | $1.11 |
| Belle Mor Luxury Apartments | 2 Deluxe | 2BR,2BA | $0.86 |
| The Henry | 3 Bed 2 Bath Renovated | 3BR,2BA | $0.99 |
| Southwind Apartments | 3 Bedroom | 3BR,2BA | $1.14 |
| Cottonwood Apartments | 2 Bedroom Flat | 2BR,1BA | $1.09 |
| Creekside | 1 Bedroom | 1BR,1BA | $1.00 |
| Athens Square Apartments | 1BR/1.0BA | 1BR,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.
Read Article
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.
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 46 Apartments for Rent in Prospect, TN with pricing that ranges from $695 to $2,645. There are also 37 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 $1,466.
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 $2,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,045 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $2,049.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.