Cheap Apartments for Rent in the Prospect Park Neighborhood of Ypsilanti, MI from $700 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Ypsilanti.

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1305 S Congress St
Rent Specials
$1,100 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,500

Total Monthly Price
$1,100 - $1,500
Studio to 3 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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North Rosewood
1 to 2 Bedroom Apartments

North Rosewood

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

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North Redwood
1 to 2 Bedroom Apartments

North Redwood

720-820 N Redwood AveYpsilanti, MI 48198
  • Utilities Included
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108 Washtenaw Ave
Studio to 1 Bedroom Apartments

108 Washtenaw Ave

108 Washtenaw AveYpsilanti, MI 48197
Affordability
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211 N Washington St
Studio to 2 Bedroom Apartments

211 N Washington St

211 N Washington StYpsilanti, MI 48197
Affordability
  • Smoke Free
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815-829 E George Pl
2 to 4 Bedroom Apartments

815-829 E George Pl

815-829 E George PlYpsilanti, MI 48198
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922 Holmes Apartments
2 Bedroom Apartments

922 Holmes Apartments

922-948 Holmes RdYpsilanti, MI 48198
Student Housing
  • Smoke Free
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Mabro Manor
1 to 2 Bedroom Apartments

Mabro Manor

519 N Harris RdYpsilanti, MI 48198
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Woodcreek Apartments
2 Bedroom Apartments

Woodcreek Apartments

772 Woodcreek CtYpsilanti, MI 48198
  • Utilities Included

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Cheapest Available Prospect Park Apartments for Rent

 

The cheapest available apartment rental in the Prospect Park area of Ypsilanti, MI is a 1 Bed unit found at Campbell Apartments priced from $820. 108 Washtenaw Ave has the second lowest priced unit, which is a Studio apartment currently listed from $840. Here are the most affordable Prospect Park apartments for rent in Ypsilanti, MI:

Apartment ListingModel NameBed/BathPriced From
Campbell ApartmentsCampbell Apartments NEW - 736-51BR,1BA$820
108 Washtenaw AveStudioStudio,1BA$840
River Street ApartmentsStudioStudio,1BA$875
Country Meadows1 Bedroom1BR,1BA$899
Renaissance ApartmentsStudioStudio,1BA$900
715 Washtenaw RoadStudioStudio,1BA$900
Covington ApartmentsOne Bedroom1BR,1BA$960
Mabro Manor1 Beds, 1 Baths1BR,1BA$966
River Drive ApartmentsAppleblossom 2nd Floor1BR,1BA$980
Village Grove of Ypsilanti1 bedroom1BR,1BA$995

Best Value Apartments for Rent in Prospect Park, MI

As of March 11, 2026 the best value apartment in the Prospect Park area is the $1.11 price per square foot 110 Woodward St Model at 110 Woodward St, Unit Lower Level in the in the Aspen Ridge Village neighborhood starting from $2,100. The second greatest value Prospect Park apartment is the 3 Bed 2 Bath Townhome Model at Huron Heights/Huron Ridge starting at $1,684 with a $1.30 price per square foot in the Aspen Ridge Village neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
110 Woodward St, Unit Lower Level110 Woodward St3BR,1BA$1.11
Huron Heights/Huron Ridge3 Bed 2 Bath Townhome3BR,2BA$1.30
Oakridge Apartments3 Bedroom3BR,2BA$1.17
Cross Street VillageTwo Bedroom Apartment2BR,1BA$1.14
Peninsular Place3 Bed 3 Bath3BR,3BA$0.55
Eastern Lofts Apartment HomesCALLERY2BR,1.5BA$1.15
311 Jarvis Street2 Bedroom2BR,1BA$1.30
Harris Park3 Bed 2 Bath Condo3BR,2BA$1.40
Residences at Huron Senior Community (55+)The Nest2BR,2BA$1.43
River Street Apartments2 Bedroom2BR,1BA$1.44

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 $995.

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

The cheapest apartment in Prospect Park is Campbell Apartments which is listed at $820, while the average apartment in Prospect Park costs $2,095.

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 44 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 $564 which is $1,531 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.

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Renting with Roommates: Realistic Expectations for Shared Lease

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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.