Cheap Apartments for Rent in the Prospect Park Neighborhood of Ypsilanti, MI from $400 (23 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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130 College Pl, Unit 1
$450
Total Monthly Price

Total Monthly Price

Base Rent
$450
Total Monthly Price
$450
4 Bedroom Apartment Available Aug 29

130 College Pl, Unit 1

130 College PlYpsilanti, MI 48197
Cost Per Sq.Ft.

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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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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
Showing Results 1-23, Page 1 of 1

Cheapest Available Prospect Park Apartments for Rent

 

The cheapest available apartment rental in the Prospect Park area of Ypsilanti, MI is a Studio unit found at River Street Apartments priced from $875. Renaissance Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Prospect Park apartments for rent in Ypsilanti, MI:

Apartment ListingModel NameBed/BathPriced From
River Street ApartmentsStudioStudio,1BA$875
Renaissance ApartmentsStudioStudio,1BA$900
Harvey Place2 Bed 1 Bath Apt.2BR,1BA$945
Schooner CoveThe ElmStudio,1BA$949
Campbell ApartmentsCampbell Apartments NEW - 800-2...2BR,1BA$950

Best Value Apartments for Rent in Prospect Park, MI

As of June 20, 2026 the best value apartment in the Prospect Park area is the $1.03 price per square foot 110 Woodward St Model at 110 Woodward St, Unit Lower Level in the in the Blue Heron Pointe neighborhood starting from $1,950. The second greatest value Prospect Park apartment is the 3 Bedroom Model at Oakridge Apartments starting at $1,599 with a $1.25 price per square foot in the Prospect Pointe 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$1.03
Oakridge Apartments3 Bedroom3BR,2BA$1.25
Cross Street VillageTwo Bedroom Apartment2BR,1BA$1.08
Peninsular Place2 Bed 2 Bath2BR,2BA$0.99
River Drive ApartmentsBirch with Balcony 2nd Floor2BR,1BA$1.40
River Street Apartments2 Bedroom2BR,1BA$1.44
127 College Pl - Utilities Included1 Bedroom1BR,1BA$1.32
Village Grove of Ypsilanti1 bedroom1BR,1BA$1.42
Harvey Place2 Bed 1 Bath Apt.2BR,1BA$1.37
Campbell ApartmentsCampbell Apartments NEW - 800-2...2BR,1BA$1.41

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 River Street Apartments which is listed at $900, while the average apartment in Prospect Park costs $1,649.

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 50 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 $673 which is $976 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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