
Cheap Homes for Rent in Cedar Ridge Neighborhood of Prosper, TX from $2,300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Cedar Ridge area 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.

304 E 6th St
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.

1507 River Hill Dr
Cedar Ridge, Prosper, TX Local Guide

How much does it cost to rent a home in Cedar Ridge?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cedar Ridge 3 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
| Cedar Ridge 4 Bedroom Homes for Rent | $4,266 | $2,950 | $5,900 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 3 mile radius of the Cedar Ridge Neighborhood of Prosper, TX.
Explore Prosper
Cedar Ridge, Prosper, TX Local Guide
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Best Value Apartments for Rent in Cedar Ridge, TX
As of May 13, 2026 the best value apartment in the Cedar Ridge area is the $1.61 price per square foot Pecan Lodge Model at Bexley at WestRidge in the in the Heights at Westridge neighborhood starting from $2,179. The second greatest value Cedar Ridge apartment is the B1 Model at Royalton at Creeks of Legacy starting at $1,489 with a $1.55 price per square foot in the Willow Ridge neighborhood. Here is today’s list of the best values for Cedar Ridge apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bexley at WestRidge | Pecan Lodge | 3BR,2BA | $1.61 |
| Royalton at Creeks of Legacy | B1 | 2BR,2BA | $1.55 |
| Livano Prosper | A6 | 1BR,1BA | $1.87 |
| Prosper Crossings | A1 | 1BR,1BA | $1.61 |
| Orion Prosper Lakes Apartments | Axis | 1BR,1BA | $1.97 |
| Laughlin Two Eighty Nine | A2.1 | 1BR,1BA | $1.84 |
| Highfield Preston | A3 | 1BR,1BA | $1.93 |
| The Links on PGA Parkway - Phase II | A3 | 1BR,1BA | $2.20 |
| Cortland Preston North | The Celina - Workforce Housing | 1BR,1BA | $1.75 |
| Orion Prosper Apartments | Halo | 1BR,1BA | $1.73 |
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 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 LifestyleCedar Ridge, Prosper, TX
Ranked #3
Among cities in Texas for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cedar Ridge
What type of rentals are currently available in Cedar Ridge?
There are currently 26 Apartments for Rent in Cedar Ridge, TX with pricing that ranges from $1,005 to $12,996. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cedar Ridge ranging from $2,300 to $5,900.
What is the current price range for Rental Homes in Cedar Ridge?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cedar Ridge ranges from $2,300 to $5,900 with an average monthly rent of $3,283.
How much are larger Three and Four Bedroom Rentals in Cedar Ridge?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cedar Ridge range from $2,022 to $6,770, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $2,300. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $2,834.
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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