Cheap Apartments for Rent in Prosper, TX from $1,000 (89 Rentals)

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Search the lowest-cost Apartments available for rent right now in Prosper.

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Royalton at Prosper
Rent Specials
$1,121 - $2,105
Total Monthly Price

Total Monthly Price

Base Rent
$1,121 - $2,105
Total Monthly Price
$1,121 - $2,105
1 to 3 Bedroom Apartments Available Now

Royalton at Prosper

4320 S Legacy DrProsper, TX 75078
Affordability
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Autry at Legacy
$1,181 - $2,242
Total Monthly Price

Total Monthly Price

Base Rent
$1,181 - $2,242
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Autry at Legacy

4525 S Legacy DriveProsper, TX 75078
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Highfield Preston
Rent Specials
$1,223 - $2,493
Total Monthly Price

Total Monthly Price

Base Rent
$1,223 - $2,493
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Highfield Preston

4465 S Preston RdProsper, TX 75078
Family Friendly
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Luminest Prosper
Rent Specials
$1,312 - $2,392
Total Monthly Price

Total Monthly Price

Base Rent
$1,312 - $2,392
Total Monthly Price
$1,312 - $2,392
1 to 2 Bedroom Apartments Available Now

Luminest Prosper

4001 E University DrProsper, TX 75078
Family Friendly
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  • Customer Reviewed
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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.

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property at 4320 S Legacy Dr

$1,000 - $1,385

1 To 2 Bedroom Rentals

Available Apr 28

4320 S Legacy Dr

ProsperTX75078
property at 4400 Prairie Xing

$1,039 - $1,385

1 To 2 Bedroom Rentals

Available Apr 28

4400 Prairie Xing

ProsperTX75078
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Avilla Grove
1 to 3 Bedroom Apartments

Avilla Grove

360 W Frontier PkyProsper, TX 75078

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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Peak at 1385
Rent Specials
$1,113 - $2,343
Total Monthly Price

Total Monthly Price

Base Rent
$1,113 - $2,343
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Peak at 1385

3845 Frontier PkyAubrey, TX 76227
Corporate Housing
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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.

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The Travis
Rent Specials
$1,231 - $5,415
Total Monthly Price

Total Monthly Price

Base Rent
$1,231 - $5,415
Total Monthly Price
$1,231 - $5,415
1 to 2 Bedroom Apartments Available Now

The Travis

900 Gordon Heights LnFrisco, TX 75033
Affordability
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Beyond Big D: The Ultimate Renter's Guide to 5 Key Cities in the DFW Area

Your complete guide to renting in the DFW suburbs. Learn about 5 cities near Dallas—from the affordability of Duncanville to the upscale living of Southlake—to choose where to call home.

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Luxe Prosper
Rent Specials
$1,603 - $6,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,603 - $6,250
Total Monthly Price
$1,603 - $6,250
1 to 4 Bedroom Apartments Available Now

Luxe Prosper

8201 Luxe BlvdMcKinney, TX 75071
Luxury
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property at 3800 PGA Pkwy

$1,720 - $2,145

1 To 2 Bedroom Rentals

Available Now

3800 PGA Pkwy

FriscoTX75034

The 4-Step Checklist for Moving to Dallas: A Local Expert's Guide to Utilities, Licenses, and Housing

Your ultimate DFW Moving Guide: From finding the perfect Dallas neighborhood (Downtown, Oak Lawn, Casa View) to setting up utilities.

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Prosper, TX Local Guide

Cheapest Available Prosper Apartments for Rent

 

The cheapest available apartment rental in Prosper, TX is a 1 Bed unit found at Park 3Eighty in the Eldorado Estates neighborhood priced from $1,020. Retreat at Stonebridge Ranch Apartments in the Village Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,033. Here is today’s list of the most affordable Prosper apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park 3EightyA11BR,1BA$1,020
Retreat at Stonebridge Ranch ApartmentsA11BR,1BA$1,033
West Ridge Villas1 Bedroom - MKT1BR,1BA$1,051
Villas At Stonebridge Ranch ApartmentsAugusta1BR,1BA$1,060
Prosper CrossingsA11BR,1BA$1,064
Ascend at Celina HillsA31BR,1BA$1,070
Laughlin Two Eighty NineE11BR,1BA$1,075
Peak at 1385A11BR,1BA$1,092
Orion Prosper ApartmentsHalo1BR,1BA$1,096
Latitude MagnoliaA2-2X21BR,1BA$1,107

Best Value Apartments for Rent in Prosper, TX

As of April 28, 2026 the best value apartment in the Prosper area is the $1.54 price per square foot C1 Model at The Ownsby in the in the Outer Frisco Prosper neighborhood starting from $2,377. The second greatest value Prosper apartment is the TH-C2 Model at Amavi Celina starting at $2,470 with a $1.64 price per square foot in the Outer Frisco Prosper neighborhood. Here is today’s list of the best values for Prosper apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The OwnsbyC13BR,2BA$1.54
Amavi CelinaTH-C23BR,2.5BA$1.64
Atlas Bluewood ApartmentsA4 - One Bedroom, One Bathroom1BR,1BA$1.59
West Ridge Villas1 Bedroom - MKT1BR,1BA$1.25
Latitude MagnoliaA2-2X21BR,1BA$1.36
Royalton at Creeks of LegacyA31BR,1BA$1.56
Prosper CrossingsA11BR,1BA$1.46
Villas At Stonebridge Ranch ApartmentsAugusta1BR,1BA$1.51
Retreat at Stonebridge Ranch ApartmentsA11BR,1BA$1.58
Park 3EightyA11BR,1BA$1.56

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.

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The 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.

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Cash 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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Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX

Learn about the best Dallas neighborhoods for student renters by our Dallas, TX Local Expert Tiffany Clark

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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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Pet Friendly Lifestyle
Prosper, TX

Ranked #97

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Prosper, TX

School data provided by Great Schools

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

Explore Prosper, TX Rentals by Map

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See the most popular apartments and homes in Prosper, TX

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Frequently Asked Questions about Cheap Prosper Apartments

What is the Cheapest Studio apartment in Prosper?

Currently the most affordable Cheap Studio Apartment in Prosper is at Fairway North Fields listed at $1,200.

How much is rent for a Cheap One Bedroom Prosper Apartment?

The lowest price for a Cheap One Bedroom Prosper Apartment is $1,020 at Park 3Eighty.

What is the lowest price for a Cheap Two Bedroom Prosper Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Prosper is starting from $1,255 at West Ridge Villas.

What is the most affordable Prosper Three Bedroom Apartment?

The best deal on a cheap Prosper Three Bedroom Apartment rental is at West Ridge Villas and starts from $1,444.

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.

Helpful Local Expert Guides

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The 10 Best Affordable Neighborhoods in Dallas, TX

Written by: Tiffany Clark

Dallas is a vibrant, dynamic city that offers no shortage of opportunities and a high quality of living for young professionals, families, and retirees.

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According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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