
Apartments for Rent in Prospect, VA Under $1,500 (84 Rentals)


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West Edge

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The Vine

The Humbles Building

The Wayne

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Legacy at Linden Park

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Grand Vistas

Town Center Apartments

Gish Flats

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Poplar Forest
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Garland Rodes Apartments

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Factory 88

The Allure

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English Commons Apartments

Mill's Crossing

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Forestbrook Apartments

12th & Court Lofts

Park Place Apartments

7 Hills Townhomes

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Imperial Tobacco Lofts
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Westie

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Peakland Apartments

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Walden Pond Apartment Homes

County Green Apartment Homes

500 Euclid Avenue

Church Street Townhomes

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Princeton Circle West Apartments

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Jobbers Overall

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Elora Gardens Lynchburg

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Bramblewood Apartments
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.

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McCausland Ridge

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Daniel Hill Apartments

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The Oasis (Student Housing)

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Charanne

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Dumont Apartments

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Wesley Apartments - Senior Living Community

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Rivermont Park

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The Reserve - All Inclusive Student Community

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The Timbers

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Miller's Rest Apartments
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.

3759 Mt Rush Hwy

3759 Mt Rush Hwy

254 Peaceful Hollow Rd

1208 S Coolwell Rd

51 11th St

1701 Grace St

2219 Poplar St

12881 W James Anderson Hwy

14109 Red House Rd

198 Brookneal Hwy
Prospect, VA Local Guide

How much does it cost to rent an apartment in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Studio Apartments | $924 | $784 | $1,095 |
| Prospect 1 Bedroom Apartments | $1,156 | $684 | $2,109 |
| Prospect 2 Bedroom Apartments | $1,369 | $795 | $3,743 |
| Prospect 3 Bedroom Apartments | $1,661 | $880 | $3,993 |
| Prospect 4 Bedroom Apartments | $2,050 | $1,800 | $2,300 |
Browse Top Apartments in Prospect
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Prospect, VA Local Guide
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Prospect, VA Rentals by Map
See the most popular apartments and homes in Prospect, VA
Frequently Asked Questions about Prospect
What is the current price range for One Bedroom Prospect Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Prospect ranges from $684 to $2,109 with an average monthly rent of $1,156.
What does renting a Two Bedroom Apartment in Prospect cost?
The monthly rent prices of Two Bedroom Apartments currently available in Prospect range from $795 to $3,743. Today's average rental price for Two Bedrooms here is $1,369.
How expensive are Prospect Three Bedroom Apartments?
There are currently 28 Three Bedroom Apartments listings available in Prospect on ApartmentHomeLiving.com. The pricing ranges from $880 to $3,993 - averaging $1,661 for the location.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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.