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$651 - $932
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$651 - $932
Total Monthly Price
$651 - $932
Jobbers Overall
1501 Kemper StLynchburg, VA 24501
Cheap Apartments for Rent in Prospect, VA from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect.
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$679 - $1,136
Plus Fees
1 to 3 Bedroom Apartments Available NowMiller's Rest Apartments
6125 Old Mill RdLynchburg, VA 24502
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$696
Plus Fees
1 Bedroom Apartments Available NowElora Gardens Lynchburg
701 Hollins StLynchburg, VA 24504
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$714 - $1,014
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$659 - $959
Required Monthly Fees
$55
Total Monthly Price
$714 - $1,014
The Timbers
2 Timber CtLynchburg, VA 24501
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$790 - $1,000
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Contact Us For AvailabilityWesley Apartments - Senior Living Community
1201 Long Meadows DrLynchburg, VA 24502
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$849 - $1,064
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$849 - $1,064
Total Monthly Price
$849 - $1,064
Bramblewood Apartments
3300 Old Forest RdLynchburg, VA 24501
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$859 - $1,109
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$749 - $999
Required Monthly Fees
$110
Total Monthly Price
$859 - $1,109
Rivermont Park
2935 Rivermont AveLynchburg, VA 24503
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$891 - $2,408
Plus Fees
1 to 3 Bedroom Apartments Available NowWalden Pond Apartment Homes
1400 Weeping Willow DrLynchburg, VA 24501
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.
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$895 - $1,430
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$790 - $1,325
Required Monthly Fees
$105
Total Monthly Price
$895 - $1,430
Princeton Circle West Apartments
18 W Princeton CirLynchburg, VA 24503
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$895 - $995
Plus Fees
2 Bedroom Apartments Available NowIvy Ridge
1609 McVeigh RdLynchburg, VA 24502
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$895 - $995
Plus Fees
Studio to 1 Bedroom Apartments Available SoonMidtown on 12th
1701 12th StLynchburg, VA 24501
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$895 - $1,695
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowChurch Street Townhomes
1312 Church StLynchburg, VA 24504
381 Main St
Madison HeightsVA24572
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1 to 2 Bedroom Apartments
Holland House
3710 Fort AveLynchburg, VA 24501
117 Williams Rd
Madison HeightsVA24572
113 Williams Rd
Madison HeightsVA24572
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.
115 Williams Rd
Madison HeightsVA24572
209 Clark St
Madison HeightsVA24572
912 Floyd St
LynchburgVA24501
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1 to 2 Bedroom Apartments
Midpoint Apartments
1101 Jefferson StLynchburg, VA 24504
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1 to 2 Bedroom Apartments
Midtown Lofts
2734 Fort AveLynchburg, VA 24501
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1 to 2 Bedroom Apartments
Lakeside Plaza Apartments
1125 Lakeside DrLynchburg, VA 24501
1112 Bedford Ave
LynchburgVA24504
3040 Campbell Ave
LynchburgVA24501
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.
Showing Results 1-24, Page 1 of 1
Prospect, VA Local Guide
Virginia Skies by ncindc is licensed under CC BY 2.0
How much does it cost to rent an apartment in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Studio Apartments | $893 | $790 | $995 |
| Prospect 1 Bedroom Apartments | $1,191 | $679 | $2,502 |
| Prospect 2 Bedroom Apartments | $1,403 | $651 | $4,138 |
| Prospect 3 Bedroom Apartments | $1,661 | $740 | $3,958 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Prospect
See all Apartments in ProspectExplore Prospect
Prospect, VA Local Guide
- Nearby Cities
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Cheapest Available Prospect Apartments for Rent and Nearby
The cheapest available apartment rental in Prospect, VA is a 2 Beds unit found at Jobbers Overall in the Montview neighborhood priced from $651. Miller's Rest Apartments in the Wyndhurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $679. Here is today’s list of the most affordable Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jobbers Overall | 2 Bed | 2BR,2BA | $651 |
| Miller's Rest Apartments | Rhine | 1BR,1BA | $679 |
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $696 |
| The Timbers | 1 Bedroom, 1 Bathroom | 1BR,1BA | $714 |
| Bramblewood Apartments | 2BR/1.0BA | 2BR,1BA | $849 |
Best Value Apartments for Rent in Prospect, VA and Nearby
As of April 07, 2026 the best value apartment in the Prospect area is the $0.81 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,445. The second greatest value Prospect apartment is the 128 Brenleigh 3bed Model at 128 Brenleigh Ct starting at $1,695 with a $1.15 price per square foot in the Montview 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. |
|---|---|---|---|
| River Lofts West | 2BR/2.0BA | 2BR,2BA | $0.81 |
| 128 Brenleigh Ct | 128 Brenleigh 3bed | 3BR,2BA | $1.15 |
| The Reserve -All Utilities Included&Furnished | 3 Bedroom - All Inclusive | 3BR,3.5BA | $0.58 |
| Piedmont Flour Mill Lofts | One Bedroom | 1BR,1BA | $0.92 |
| Forestbrook Apartments | 3 Bed/ 2 Bath with Den | 3BR,2BA | $1.02 |
| Grand Vistas | Dogwood | 1BR,1BA | $1.08 |
| The Wayne | Riverview Flats 2BR | 2BR,1BA | $1.16 |
| Miller's Rest Apartments | Pritchell | 2BR,2BA | $0.85 |
| Jobbers Overall | 2 Bed | 2BR,2BA | $0.72 |
| Bramblewood Apartments | 3BR/1.0BA | 3BR,1BA | $1.11 |
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.
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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.
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See the most popular apartments and homes in Prospect, VA
Frequently Asked Questions about Cheap Prospect Apartments
How much is rent for a Cheap One Bedroom Prospect Apartment?
The lowest price for a Cheap One Bedroom Prospect Apartment is $679 at Miller's Rest Apartments.
What is the lowest price for a Cheap Two Bedroom Prospect Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Prospect is starting from $651 at Jobbers Overall.
What is the most affordable Prospect Three Bedroom Apartment?
The best deal on a cheap Prospect Three Bedroom Apartment rental is at Jobbers Overall and starts from $740.
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
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.