103 Williams Rd
Madison HeightsVA24572
Cheap Homes for Rent in Prospect, VA from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.
115 Williams Rd
Madison HeightsVA24572
117 Williams Rd
Madison HeightsVA24572
105 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.
502 Longwood Ave
FarmvilleVA23901
605 Griffin Blvd
FarmvilleVA23901
2700 Loraine St
LynchburgVA24504
2536 Carter St
LynchburgVA24501
416 Longwood Ave
FarmvilleVA23901
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.
147 Dana Dr
RustburgVA24588
511 Florida Ave
LynchburgVA24504
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Prospect, VA Local Guide
Virginia Skies by ncindc 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 | $951 | $725 | $1,200 |
| Prospect 3 Bedroom Homes for Rent | $1,765 | $1,200 | $3,495 |
| Prospect 4 Bedroom Homes for Rent | $2,037 | $1,850 | $2,400 |
| Prospect 5 Bedroom Homes for Rent | $525 | $525 | $525 |
Browse Top Homes for Rent in Prospect
Explore Prospect
Prospect, VA Local Guide
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Cheapest Available Prospect Apartments for Rent and Nearby
The cheapest available apartment rental in Prospect, VA is a 1 Bed unit found at Elora Gardens Lynchburg in the Tate Springs neighborhood priced from $696. The Doyne has the second lowest priced unit, which is a 3 Beds apartment currently listed from $700. Here is today’s list of the most affordable Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elora Gardens Lynchburg | 1 Bedroom Medium | 1BR,1BA | $696 |
| The Doyne | 3 Bed/2 Bath | 3BR,2BA | $700 |
| Bramblewood Apartments | 1BR/1.0BA | 1BR,1BA | $750 |
| Miller's Rest Apartments | Pritchell | 2BR,2BA | $803 |
| Wesley Apartments - Senior Living Community | Studio (Stair or Ramp Access) | Studio,1BA | $820 |
Best Value Apartments for Rent in Prospect, VA and Nearby
As of June 11, 2025 the best value apartment in the Prospect area is the $0.47 price per square foot 3 Bed/2 Bath Model at The Doyne in the starting from $700. The second greatest value Prospect apartment is the 3 Bedrooms 2 Bath Model at Logans Landing starting at $1,682 with a $1.16 price per square foot in the Sandusky 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 Doyne | 3 Bed/2 Bath | 3BR,2BA | $0.47 |
| Logans Landing | 3 Bedrooms 2 Bath | 3BR,2BA | $1.16 |
| Forestbrook Apartments | 3 Bed/ 2 Bath with Den | 3BR,2BA | $0.92 |
| Park Place Apartments | 3BR/2BA Renovated | 3BR,2BA | $1.16 |
| Del Ray Townhomes | 2 BR/1 BA RENO | 2BR,1BA | $1.19 |
| Miller's Rest Apartments | Pritchell | 2BR,2BA | $0.85 |
| Bramblewood Apartments | 3BR/1.0BA | 3BR,1BA | $1.11 |
| The Timbers | 2 Bedroom, 1 Bathroom | 2BR,1BA | $0.98 |
| County Green Apartment Homes | 1 Bed, 1 bath | 1BR,1BA | $1.15 |
| Princeton Circle West Apartments | Contemporary | 1BR,1BA | $1.19 |
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Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 52 Apartments for Rent in Prospect, VA with pricing that ranges from $659 to $4,471. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $525 to $3,495.
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 $525 to $3,495 with an average monthly rent of $1,234.
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 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.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.