
Cheap Apartments for Rent in Prosper, TX from $900 (124 Rentals)
Search the lowest-cost Apartments available for rent right now in Prosper.


1000 Odyssey Wy

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Orion Prosper Apartments

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Royalton at Prosper

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Autry at Legacy

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Orion Prosper Lakes Apartments

Prosper Elms Apartments

Livano Prosper

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Highfield Preston

Lakeview at the Gates of Prosper
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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Luminest Prosper

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Alders Prosper 55+ Active Adult Homes

4320 S Legacy Dr

4400 Prairie Xing

Avilla Grove

939 W First St

5750 Crestwood Dr

2815 Arabian Ln

Park 3Eighty

West Ridge Villas
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.

4485 S Preston Rd, Unit 816

Laughlin Two Eighty Nine

Fairway North Fields

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Ascend at Celina Hills

The Ownsby

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Peak at 1385

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Retreat at Stonebridge Ranch Apartments

Mezzo Apartments

Villas At Stonebridge Ranch Apartments

Union House
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.

Atlas Bluewood Apartments

Villages 3Eighty

Bexley at WestRidge

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The Travis

Greenhaven Apartments

4465 S Preston Rd, Unit 1416

4465 S Preston Rd, Unit 3111

4465 S Preston Rd, Unit 2319

4465 S Preston Rd, Unit 3312

THE LINKS ON PGA PARKWAY
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.

Sundance Celina

2600 Kinship Pkwy, Unit 3-205

2600 Kinship Pkwy, Unit 8-205

Christopher Todd Communities Celina Park

4485 S Preston Rd, Unit 817

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The Mansions of Prosper

2600 Kinship Pkwy, Unit 5-304

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Luxe Prosper

Amavi Celina

Atheria West Grove
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.
Prosper, TX Local Guide

How much does it cost to rent an apartment in Prosper?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Prosper Studio Apartments | $1,261 | $1,100 | $1,345 |
| Cheap Prosper 1 Bedroom Apartments | $1,539 | $983 | $6,844 |
| Cheap Prosper 2 Bedroom Apartments | $2,366 | $1,255 | $6,943 |
| Cheap Prosper 3 Bedroom Apartments | $2,868 | $1,444 | $7,458 |
| Cheap Prosper 4 Bedroom Apartments | $3,793 | $2,289 | $8,991 |
Browse Top Apartments in Prosper
See all Apartments in ProsperExplore Prosper
Prosper, TX Local Guide
- Prosper Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Prosper Apartments for Rent
 The cheapest available apartment rental in Prosper, TX is a 1 Bed unit found at Royalton at Creeks of Legacy in the Willow Ridge neighborhood priced from $983. Park 3Eighty in the Eldorado Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here is today’s list of the most affordable Prosper apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Royalton at Creeks of Legacy | A1 | 1BR,1BA | $983 |
| Park 3Eighty | A1 | 1BR,1BA | $1,025 |
| Latitude Magnolia | A1-1X1 | 1BR,1BA | $1,042 |
| Orion Prosper Apartments | Halo | 1BR,1BA | $1,044 |
| West Ridge Villas | 1 Bedroom - MKT | 1BR,1BA | $1,051 |
| Royalton at Prosper | A1 | 1BR,1BA | $1,062 |
| Prosper Crossings | A1 | 1BR,1BA | $1,088 |
| Laughlin Two Eighty Nine | E1 | 1BR,1BA | $1,100 |
| Fairway North Fields | E1 | Studio,1BA | $1,100 |
| Ascend at Celina Hills | A1 | 1BR,1BA | $1,104 |
Best Value Apartments for Rent in Prosper, TX
As of June 12, 2026 the best value apartment in the Prosper area is the $1.51 price per square foot C1 Model at The Ownsby in the in the Outer Frisco Prosper neighborhood starting from $2,338. The second greatest value Prosper apartment is the The Stratton - Workforce Housing Model at Cortland Preston North starting at $2,109 with a $1.54 price per square foot in the Cobb Farm neighborhood. Here is today’s list of the best values for Prosper apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Ownsby | C1 | 3BR,2BA | $1.51 |
| Cortland Preston North | The Stratton - Workforce Housing | 3BR,2BA | $1.54 |
| West Ridge Villas | 1 Bedroom - MKT | 1BR,1BA | $1.25 |
| Atlas Bluewood Apartments | A1 - One Bedroom, One Bathroom | 1BR,1BA | $1.58 |
| Prosper Crossings | A1 | 1BR,1BA | $1.46 |
| Latitude Magnolia | A1-1X1 | 1BR,1BA | $1.43 |
| Villas At Stonebridge Ranch Apartments | Augusta | 1BR,1BA | $1.61 |
| Mezzo Apartments | Ambrose | 1BR,1BA | $1.62 |
| Park 3Eighty | A1 | 1BR,1BA | $1.57 |
| Orion Prosper Apartments | Halo | 1BR,1BA | $1.59 |
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 ArticleTop 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
Read ArticleReal 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.
Pet Friendly LifestyleProsper, TX
Ranked #90
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
See the most popular apartments and homes in Prosper, TX
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 $1,100.
How much is rent for a Cheap One Bedroom Prosper Apartment?
The lowest price for a Cheap One Bedroom Prosper Apartment is $1,025 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

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.

Top Neighborhoods to Rent Near Major Colleges and Universities in Dallas, TX
Written by: Tiffany Clark
According to the Dallas Regional Chamber, the DFW Metroplex is home to more than 70 accredited colleges and universities.

The Ultimate DFW Commuters Guide: Apartments Near Major Dallas Employers
Written by: Tiffany Clark
Since 1990, I've lived my best life, built a rewarding career, and raised my family in the Dallas, Texas area.

An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years
Written by: Tiffany Clark
My ancestors on both sides were some of the earliest Texas settlers, and I have that big Texas pride that we Texans are famous for. While I've lived in other places, Texas always has been and always will be home.
Articles, How-To's, and Tips

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.