
Cheap Homes for Rent in Prosper, TX from $800 (38 Rentals)
Search the lowest-cost Homes available for rent right now in Prosper.


27040 US-380

4320 S Legacy Dr

1000 Odyssey Wy

4400 Prairie Xing

4465 S Preston Rd

26850 US-380

15117 Fishtrap Bike Path

2600 Kinship Pkwy, Unit 3-205
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.

2600 Kinship Pkwy, Unit 5-304

2600 Kinship Pkwy, Unit 2-306

2600 Kinship Pkwy, Unit 6-306

2600 Kinship Pkwy, Unit 6-206

2600 Kinship Pkwy, Unit 8-306

1525 Cherokee Rose Trail

1508 Clairborne Ct

1516 Clairborne Ct

209 Bird Creek Dr
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.

1104 Hayden Ln

1721 Gayla Creek Dr

1104 Rivers Creek Ln

2600 Kinship Pkwy, Unit 3-309

1413 Vernon Dr

1325 Vernon Dr

1128 Spanish Moss Dr

1013 Bruni Ct

3401 Harper St
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.

2824 Eppright Dr

1724 Gayla Creek Dr

2209 Scott Creek Dr

1029 Holly Anne Ln

1312 Clairborne Ct

3116 Harper St

2512 Wheeler Ave

1416 Nicholas Lane

1804 Gayla Creek Dr
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.

3604 Harper St

9104 Norfolk Ln
Prosper, TX Local Guide

How much does it cost to rent a home in Prosper?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prosper 2 Bedroom Homes for Rent | $2,284 | $1,305 | $2,800 |
| Prosper 3 Bedroom Homes for Rent | $2,530 | $1,795 | $6,500 |
| Prosper 4 Bedroom Homes for Rent | $3,172 | $2,045 | $7,500 |
| Prosper 5 Bedroom Homes for Rent | $4,254 | $2,695 | $7,500 |
| Prosper 6 Bedroom Homes for Rent | $4,723 | $3,495 | $6,400 |
| Prosper 7 Bedroom Homes for Rent | $14,250 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Prosper
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Prosper, TX Local Guide
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Cheapest Available Prosper Apartments for Rent
 The cheapest available apartment rental in Prosper, TX is a 1 Bed unit found at Retreat at Stonebridge Ranch Apartments in the Village Park neighborhood priced from $995. Park 3Eighty in the Eldorado Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,020. Here is today’s list of the most affordable Prosper apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Retreat at Stonebridge Ranch Apartments | A1 | 1BR,1BA | $995 |
| Park 3Eighty | A1 | 1BR,1BA | $1,020 |
| Villas At Stonebridge Ranch Apartments | Augusta | 1BR,1BA | $1,045 |
| West Ridge Villas | 1 Bedroom - MKT | 1BR,1BA | $1,051 |
| Prosper Crossings | A1 | 1BR,1BA | $1,064 |
| Ascend at Celina Hills | A3 | 1BR,1BA | $1,070 |
| Laughlin Two Eighty Nine | E1 | 1BR,1BA | $1,075 |
| Peak at 1385 | A1 | 1BR,1BA | $1,092 |
| Orion Prosper Apartments | Halo | 1BR,1BA | $1,095 |
| Latitude Magnolia | A2-2X2 | 1BR,1BA | $1,107 |
Best Value Apartments for Rent in Prosper, TX
As of April 26, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Ownsby | C1 | 3BR,2BA | $1.54 |
| Amavi Celina | TH-C2 | 3BR,2.5BA | $1.64 |
| Villas At Stonebridge Ranch Apartments | Legacy | 3BR,2BA | $1.51 |
| West Ridge Villas | 1 Bedroom - MKT | 1BR,1BA | $1.25 |
| Latitude Magnolia | A2-2X2 | 1BR,1BA | $1.36 |
| Royalton at Creeks of Legacy | A3 | 1BR,1BA | $1.56 |
| Atlas Bluewood Apartments | A1 - One Bedroom, One Bathroom | 1BR,1BA | $1.58 |
| Prosper Crossings | A1 | 1BR,1BA | $1.46 |
| Retreat at Stonebridge Ranch Apartments | A1 | 1BR,1BA | $1.53 |
| Park 3Eighty | A1 | 1BR,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.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 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 #97
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!
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Frequently Asked Questions about Prosper
What type of rentals are currently available in Prosper?
There are currently 77 Apartments for Rent in Prosper, TX with pricing that ranges from $995 to $12,996. There are also 345 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prosper ranging from $850 to $18,500.
What is the current price range for Rental Homes in Prosper?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prosper ranges from $850 to $18,500 with an average monthly rent of $4,604.
How much are larger Three and Four Bedroom Rentals in Prosper?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Prosper range from $1,444 to $6,770, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $6,500. Four Bedroom Single-Family rentals are also available starting from $2,045 and Four Bedroom Apartments start at $2,217.
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

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.