
Cheap Apartments for Rent in Prospect Hill, NC from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect Hill.


Deerfield Crossing

Lofts on Haw River

The Venue Apartment Homes

May Hosiery Lofts

Parkridge Apartments

Barden Ridge Apartments

Fieldstone Apartment Homes

Elevate Haw River
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1107 Banworth Ct

2202 S Efland-Cedar Grove Rd

701 Trollingwood Hawfields Rd
Prospect Hill, NC 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 | $1,081 | $865 | $1,468 |
Prospect Hill 1 Bedroom Apartments | $1,343 | $935 | $2,427 |
Prospect Hill 2 Bedroom Apartments | $1,507 | $1,045 | $2,970 |
Prospect Hill 3 Bedroom Apartments | $1,791 | $1,145 | $4,626 |
Prospect Hill 4 Bedroom Apartments | $2,225 | $2,225 | $2,225 |
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Prospect Hill, NC Local Guide
- Nearby Cities
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Cheapest Available Prospect Hill Apartments for Rent and Nearby
 The cheapest available apartment rental in Prospect Hill, NC is a 1 Bed unit found at Deerfield Crossing in the Fieldstone Farms neighborhood priced from $935. The Venue Apartment Homes in the North Burlington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Prospect Hill apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Deerfield Crossing | 1x1 | 1BR,1BA | $935 |
The Venue Apartment Homes | Phase 1 - 1 x 1Standard-Call For Availability | 1BR,1BA | $995 |
The Pines Apartments | 2BR/1BA | 2BR,1BA | $1,045 |
Parkridge Apartments | The Willow | 1BR,1BA | $1,050 |
Barden Ridge Apartments | 2 Bedroom and 1 Bath | 2BR,1BA | $1,060 |
Best Value Apartments for Rent in Prospect Hill, NC and Nearby
As of April 17, 2025 the best value apartment in the Prospect Hill area is the $0.39 price per square foot D1 Model at 698 Prospect in the starting from $575. The second greatest value Prospect Hill apartment is the 3 Bedroom 2 Bath Luxury Apartment Home Model at Alexander Pointe Apartments starting at $1,799 with a $1.33 price per square foot in the Fieldstone Farms 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. |
---|---|---|---|
698 Prospect | D1 | 4BR,4BA | $0.39 |
Alexander Pointe Apartments | 3 Bedroom 2 Bath Luxury Apartment Home | 3BR,2BA | $1.33 |
Crescent Oaks | 2.2B P | 2BR,2BA | $1.23 |
Spring Forest at Deerfield | Berkshire | 2BR,2BA | $1.18 |
Carden Place Apartment Homes | Two Bedroom 2 Bath - 1,066 sqft | 2BR,2BA | $1.31 |
Stonebrook Apartments | 2 Bedroom Luxe | 2BR,2BA | $1.40 |
The Pines Apartments | 2BR/1BA | 2BR,1BA | $1.22 |
Barden Ridge Apartments | 2 Bedroom and 1 Bath | 2BR,1BA | $1.24 |
Elevate 54 | Eno | 1BR,1BA | $1.38 |
Deerfield Crossing | 1x1 | 1BR,1BA | $1.31 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Prospect Hill, NC
Walk Score®
5 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
16 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Prospect Hill Apartments
How much is rent for a Cheap One Bedroom Prospect Hill Apartment?
The lowest price for a Cheap One Bedroom Prospect Hill Apartment is $935 at Deerfield Crossing.
What is the lowest price for a Cheap Two Bedroom Prospect Hill Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Prospect Hill is starting from $1,045 at The Pines Apartments.
What is the most affordable Prospect Hill Three Bedroom Apartment?
The best deal on a cheap Prospect Hill Three Bedroom Apartment rental is at Barden Ridge Apartments and starts from $1,224.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.