1 Bedroom Apartments for Rent in Prospect, VA (43 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

close
View Me
Holland House
1 Bedroom Apartments

Holland House

3710 Fort AveLynchburg, VA 24501
  • Utilities Included
close
View Me
Midtown on 12th
1 Bedroom Apartments

Midtown on 12th

1701 12th StLynchburg, VA 24501
  • Utilities Included
close
View Me
723 Jefferson Street
1 Bedroom Apartments

723 Jefferson Street

723 Jefferson StreetLynchburg, VA 24504
  • Utilities Included
close
View Me
100 Horseford Rd
1 Bedroom Apartments

100 Horseford Rd

100 Horseford RdLynchburg, VA 24504
close
View Me
Krise Luxury Lofts
1 Bedroom Apartments

Krise Luxury Lofts

203 9th StLynchburg, VA 24504
  • Utilities Included

Prospect, VA Local Guide

Largest Available Prospect and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Prospect, VA is found at Piedmont Flour Mill Lofts in the College Hill neighborhood and is 1,022 square feet priced from $1,558. The Vine in the Tate Springs neighborhood has the second largest 1 Bedroom, which is sized at 983 square feet and currently listed start at $1,295. Here is today’s list of the largest available 1 Bedroom units in Prospect:

Apartment ListingModel NameSquare FootagePriced From
Piedmont Flour Mill LoftsOne Bedroom1,022 Sq Ft$1,558
The Vine1BR+Office/1BA Type 2983 Sq Ft$1,295
West Edge ApartmentsA3950 Sq Ft$1,395
Walden Pond Apartment Homes1 Bedroom800 Sq Ft$851
Palmera House ApartmentsPalmera House Apts744 Sq Ft$1,095
Legacy at Linden ParkThe Hillsborough739 Sq Ft$1,164
Wesley Apartments - Senior Living Community1 Bedroom (Stair or Ramp access)713 Sq Ft$860
Bramblewood Apartments1BR/1.0BA680 Sq Ft$550
Midtown Lofts1 Bed 1 Bath596 Sq Ft$895
The Wayne1BR/1.0BA541 Sq Ft$950

Cheapest Available Prospect and Nearby 1 Bedroom Apartments

As of June 22, 2025 the lowest priced 1 Bedroom apartment unit in Prospect, VA is the 1BR/1.0BA Model starting from $550 at Bramblewood Apartments in the Tate Springs neighborhood. The second most affordable Prospect 1 Bedroom is the 1 Bedroom Model at Elora Gardens Lynchburg starting at $696 . The average price for all 1 Bedroom apartments in Prospect is currently $1,121. Here is today’s list of the cheapest available 1 Bedroom options in Prospect:

Apartment ListingModel NamePriced From
Bramblewood Apartments1BR/1.0BA$550
Elora Gardens Lynchburg1 Bedroom$696
500 Euclid AvenueStudio - 500 Euclid$850
Walden Pond Apartment Homes1 Bedroom$851
Wesley Apartments - Senior Living Community1 Bedroom (Stair or Ramp access)$860
Midtown Lofts1 Bed 1 Bath$895
Church Street Townhomes1 Bedroom, 1 Bathroom$895
The Westie in Madison Heights1 BR$935
The Wayne1BR/1.0BA$950
Palmera House ApartmentsPalmera House Apts$1,095

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Prospect, VA Rentals by Map

View MapProspect, VA Apartments MapView MapProspect, VA Rental Homes Map

Frequently Asked Questions about 1 Bedroom Prospect Apartments

How much is the average rent for a 1 Bedroom Prospect Apartment?

The average rent for a 1 Bedroom Apartment in Prospect is $1,121.

What is the largest available 1 Bedroom Prospect Apartment for rent?

Today's apartment with the most square footage in Prospect is a 1,022 square feet unit starting from $1,558 at Piedmont Flour Mill Lofts.

What is the average size for Prospect 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Prospect is currently 510 sq ft.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.