
Cheap Homes for Rent in Prospect, NY from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.


1410-1414 Genesee St

705 N James St

7 Dewitt St

1324 Blandina St

1207 Schuyler St

189 W Monroe St

66 Lester Ave

5553 W Main St

1031 Downer Ave
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.

2002 Caroline St
Prospect, NY Local Guide

How much does it cost to rent a home in Prospect?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prospect 2 Bedroom Homes for Rent | $1,630 | $1,000 | $2,300 |
Prospect 3 Bedroom Homes for Rent | $2,112 | $1,200 | $3,000 |
Prospect 4 Bedroom Homes for Rent | $2,814 | $1,600 | $3,750 |
Prospect 5 Bedroom Homes for Rent | $1,650 | $1,500 | $1,800 |
Browse Top Homes for Rent in Prospect
Explore Prospect
Prospect, NY Local Guide
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Cheapest Available Prospect Apartments for Rent and Nearby
 The cheapest available apartment rental in Prospect, NY is a 1 Bed unit found at Holiday Efficiency Apartments in the Outer Utica neighborhood priced from $600. The Olbiston Apartments in the Adrian Terrace neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $737. Here is today’s list of the most affordable Prospect apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Holiday Efficiency Apartments | Studio | 1BR,1BA | $600 |
The Olbiston Apartments | Studio | Studio,1BA | $737 |
The Lofts at Globe Mill | 1 Bedroom | 1BR,1BA | $741 |
Rose Garden Apartments | Two bedroom | 2BR,1BA | $810 |
Maple Manor | Acer | Studio,1BA | $950 |
Best Value Apartments for Rent in Prospect, NY and Nearby
As of April 27, 2025 the best value apartment in the Prospect area is the $1.81 price per square foot The Lofts Model at The Lofts at Cazenovia Market in the starting from $2,250. The second greatest value Prospect apartment is the 3 bed 1 bath Model at 203 S William St starting at $1,400 with a $1.17 price per square foot . Here is today’s list of the best values for Prospect apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Lofts at Cazenovia Market | The Lofts | 2BR,2BA | $1.81 |
203 S William St | 3 bed 1 bath | 3BR,1BA | $1.17 |
Fayetteville Pines Townhouses | 2 Bed/2 Bath with W/D & Backyard | 2BR,1.5BA | $1.62 |
13 Redfield Ave | Redfield | 2BR,1BA | $1.20 |
Carriage Apartments | 2BR 1BA | 2BR,1BA | $1.75 |
Wildwood Ridge Apartments | One Bedroom | 1BR,1BA | $1.17 |
Rose Garden Apartments | Two bedroom | 2BR,1BA | $1.16 |
Holiday Efficiency Apartments | Studio | 1BR,1BA | $0.92 |
The Lofts at Globe Mill | 1 Bedroom | 1BR,1BA | $1.14 |
The Olbiston Apartments | Studio | Studio ,1BA | $1.80 |
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Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 44 Apartments for Rent in Prospect, NY with pricing that ranges from $650 to $3,700. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $625 to $3,750.
What is the current price range for Rental Homes in Prospect?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect ranges from $625 to $3,750 with an average monthly rent of $1,659.
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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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.