Cheap 1 Bedroom Apartments for Rent in the Prospect Park Neighborhood of Ypsilanti, MI from $675 (37 Rentals)

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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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1305 S Congress St
Rent Specials
$957 - $1,237
Total Monthly Price

Total Monthly Price

Base Rent
$957 - $1,237
Total Monthly Price
$957 - $1,237
1 Bedroom Apartments Available Now

1305 S Congress St

1305 S Congress StYpsilanti, MI 48197
Student Housing
  • Verified
  • Low Income
  • 3D Tour
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Laurel Bay
$984 - $1,275
Total Monthly Price

Total Monthly Price

Base Rent
$1,049 - $1,495
Total Monthly Price
$1,049 - $1,495
1 Bedroom Apartments Available Now

Laurel Bay

1632 Laurel Bay DrYpsilanti, MI 48198
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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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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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North Redwood
1 Bedroom Apartments

North Redwood

720-820 N Redwood AveYpsilanti, MI 48198
  • Utilities Included
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North Rosewood
1 Bedroom Apartments

North Rosewood

755-825 N Rosewood StYpsilanti, MI 48198
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Mabro Manor
1 Bedroom Apartments

Mabro Manor

519 N Harris RdYpsilanti, MI 48198
Showing Results 1-37, Page 1 of 1

Frequently Asked Questions about Cheap Prospect Park Apartments

What is a cheap apartment in Prospect Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Prospect Park is under $990.

What is the price of a cheap apartment in Prospect Park?

The cheapest apartment in Prospect Park is Harvey Place which is listed at $745, while the average apartment in Prospect Park costs $1,524.

What types of apartments are the cheapest in Prospect Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 38 regular apartments in Prospect Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Prospect Park?

Cheap apartments in Prospect Park have an average cost of $508 which is $1,016 cheaper than the average rent for all rentals in Prospect Park.

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.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.