Cheap Homes for Rent in Prosper, TX from $900 (86 Rentals)

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

property at 27040 US-380

$975 - $1,375

1 To 2 Bedroom Rentals

Available Now

27040 US-380

AubreyTX76227
property at 4320 S Legacy Dr

$1,000 - $1,399

1 To 2 Bedroom Rentals

Available Now

4320 S Legacy Dr

ProsperTX75078
property at 26850 US-380

$1,135

1 Bedroom, 1 Bath Home for Rent

Available Now

26850 US-380

AubreyTX76227

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.

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.

property at 10190 Doolittle Dr

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Home for Rent

Available Now

10190 Doolittle Dr

McKinneyTX75071

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.

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.

property at 1636 Spanish Moss Wy

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

3 Bedroom, 2 Bath Home for Rent

Available Now

1636 Spanish Moss Wy

SavannahTX76227

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

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 $1,023. Orion Prosper Apartments in the Fairways North at Westridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,036. Here is today’s list of the most affordable Prosper apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park 3EightyA11BR,1BA$1,023
Orion Prosper ApartmentsHalo1BR,1BA$1,036
Latitude MagnoliaA1-1X11BR,1BA$1,042
West Ridge Villas1 Bedroom - MKT1BR,1BA$1,051
Royalton at ProsperA11BR,1BA$1,062
Prosper CrossingsA11BR,1BA$1,070
Laughlin Two Eighty NineE11BR,1BA$1,100
Fairway North FieldsE1Studio,1BA$1,100
Ascend at Celina HillsA11BR,1BA$1,104
The OwnsbyA51BR,1BA$1,125

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 ListingModel NameBed/BathPrice Per Sq.Ft.
The OwnsbyC13BR,2BA$1.51
Cortland Preston NorthThe Stratton - Workforce Housing3BR,2BA$1.54
West Ridge Villas1 Bedroom - MKT1BR,1BA$1.25
Atlas Bluewood ApartmentsA1 - One Bedroom, One Bathroom1BR,1BA$1.58
Prosper CrossingsA11BR,1BA$1.46
Latitude MagnoliaA1-1X11BR,1BA$1.43
Villas At Stonebridge Ranch ApartmentsAugusta1BR,1BA$1.61
Mezzo ApartmentsAmbrose1BR,1BA$1.62
Park 3EightyA11BR,1BA$1.57
Orion Prosper ApartmentsHalo1BR,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.

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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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Real 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.

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Quick 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.

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Pet Friendly Lifestyle
Prosper, TX

Ranked #90

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 79 Apartments for Rent in Prosper, TX with pricing that ranges from $1,005 to $14,718. There are also 365 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prosper ranging from $985 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 $985 to $18,500 with an average monthly rent of $4,710.

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 $7,458, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $6,500. Four Bedroom Single-Family rentals are also available starting from $2,070 and Four Bedroom Apartments start at $2,289.

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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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.

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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.

decorative image for An Insider's Playbook: How to Live in Dallas Like You've Been Here for Years article

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

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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.

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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.

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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.

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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.