
Cheap Homes for Rent in Prospect Hill, NC from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect Hill.


2202 S Efland-Cedar Grove Rd

1514 Coleman Loop Rd

2156 James Boswell Rd

904 Olin Rd

535 Harper Rd

3008 Corbett Rd
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.
Prospect Hill, NC Local Guide

How much does it cost to rent a home in Prospect Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prospect Hill 2 Bedroom Homes for Rent | $2,053 | $1,350 | $2,995 |
Prospect Hill 3 Bedroom Homes for Rent | $1,909 | $780 | $5,000 |
Prospect Hill 4 Bedroom Homes for Rent | $2,133 | $2,050 | $2,200 |
Prospect Hill 5 Bedroom Homes for Rent | $2,926 | $2,420 | $3,395 |
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Prospect Hill, NC Local Guide
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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 The Venue Apartment Homes in the North Burlington neighborhood priced from $995. The Pines Apartments in the North Burlington neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,045. Here is today’s list of the most affordable Prospect Hill apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
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 |
Best Value Apartments for Rent in Prospect Hill, NC and Nearby
As of April 25, 2025 the best value apartment in the Prospect Hill area is the $1.33 price per square foot 3 Bedroom 2 Bath Luxury Apartment Home Model at Alexander Pointe Apartments in the in the Fieldstone Farms neighborhood starting from $1,799. The second greatest value Prospect Hill apartment is the The Montgomery Model at Watercourse Apartments starting at $1,655 with a $1.40 price per square foot in the North Burlington 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. |
---|---|---|---|
Alexander Pointe Apartments | 3 Bedroom 2 Bath Luxury Apartment Home | 3BR,2BA | $1.33 |
Watercourse Apartments | The Montgomery | 3BR,2BA | $1.40 |
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 | $1.30 |
The Pines Apartments | 2BR/1BA | 2BR,1BA | $1.22 |
Barden Ridge Apartments | 2/1 60% AMI | 2BR,1BA | $1.35 |
Elevate 54 | Eno | 1BR,1BA | $1.36 |
West Village Apartments | Two Bedroom Gold | 2BR,1BA | $1.47 |
Elevate Haw River | A1A Balcony | 1BR,1BA | $1.48 |
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Frequently Asked Questions about Prospect Hill
What type of rentals are currently available in Prospect Hill?
There are currently 37 Apartments for Rent in Prospect Hill, NC with pricing that ranges from $865 to $4,876. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Hill ranging from $780 to $5,000.
What is the current price range for Rental Homes in Prospect Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Hill ranges from $780 to $5,000 with an average monthly rent of $2,086.
How much are larger Three and Four Bedroom Rentals in Prospect Hill?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect Hill range from $1,145 to $4,876, while Three Bedroom Homes, Condos, and Townhomes for rent range from $780 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $2,150.
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.