Cheap Apartments for Rent in the Prospect Hill Neighborhood of Lawrence, MA from $900 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Hill area of Lawrence.

Legacy Park Apartments

Pacific Mill Lofts
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Prospect Hill, Lawrence, MA Local Guide

How much does it cost to rent an apartment in Prospect Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prospect Hill Studio Apartments | $2,240 | $1,795 | $2,822 |
Prospect Hill 1 Bedroom Apartments | $2,368 | $1,550 | $3,159 |
Prospect Hill 2 Bedroom Apartments | $2,864 | $2,150 | $4,632 |
Prospect Hill 3 Bedroom Apartments | $3,150 | $2,300 | $5,577 |
Prospect Hill 4 Bedroom Apartments | $4,500 | $4,500 | $4,500 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the Prospect Hill Neighborhood of Lawrence, MA.
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Prospect Hill, Lawrence, MA Local Guide
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Cheapest Available Prospect Hill Apartments for Rent
 The cheapest available apartment rental in the Prospect Hill area of Boston, MA is a 1 Bed unit found at 141 Amesbury St priced from $1,550. Legacy Park Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,725. Here are the most affordable Prospect Hill apartments for rent in Boston, MA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
141 Amesbury St | One Bedroom | 1BR,1BA | $1,550 |
Legacy Park Apartments | 1 Bedroom | 1BR,1BA | $1,725 |
Museum Square | The Essex | 1BR,1BA | $1,900 |
Best Value Apartments for Rent in Prospect Hill, MA
As of April 28, 2025 the best value apartment in the Prospect Hill area is the $2.04 price per square foot One Bedroom Loft Standard Model at Riverwalk Lofts in the in the Colonial Heights neighborhood starting from $1,999. The second greatest value Prospect Hill apartment is the 2 Bedroom Model at 215 Canal St starting at $2,350 with a $2.42 price per square foot in the Colonial Heights neighborhood. Here is today’s list of the best values for Prospect Hill apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Riverwalk Lofts | One Bedroom Loft Standard | 1BR,1BA | $2.04 |
215 Canal St | 2 Bedroom | 2BR,1BA | $2.42 |
Washington Mill | 1 Bed 1.5 Bath | 1BR,1.5BA | $2.62 |
Museum Square | The Essex | 1BR,1BA | $2.47 |
The Point at Merrimack Valley | 1F | 1BR,1BA | $3.23 |
Legacy Park Apartments | 1 Bedroom | 1BR,1BA | $2.33 |
Riverwalk Apartments | Studio - S3 | Studio ,1BA | $2.81 |
141 Amesbury St | One Bedroom | 1BR,1BA | $2.21 |
Pac10 Lofts | C1 – 1 Bedroom 1 Bathroom | 1BR,1BA | $3.02 |
Avalon North Andover | SM05 | Studio ,1BA | $4.07 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleProspect Hill, Lawrence, MA
Ranked #5
Among neighborhoods in Lawrence, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Prospect Hill Apartments
What is a cheap apartment in Prospect Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Prospect Hill is under $2,392.
What is the price of a cheap apartment in Prospect Hill?
The cheapest apartment in Prospect Hill is 141 Amesbury St which is listed at $1,550, while the average apartment in Prospect Hill costs $4,500.
What types of apartments are the cheapest in Prospect Hill?
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 4 regular apartments in Prospect Hill 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 Hill?
Cheap apartments in Prospect Hill have an average cost of $467 which is $4,033 cheaper than the average rent for all rentals in Prospect Hill.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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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