621 River Rd
MedfordOR97501
Cheap Apartments for Rent in Prospect, OR from $700 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect.
405 W 12th St
MedfordOR97501
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from $1,0851 to 2 Bedroom Apartments Available Now
Ashlander Apartments
2234 Siskiyou BlvdAshland, OR 97520
1108 Rose St
PhoenixOR97535
418 S Oakdale Ave
MedfordOR97501
528-530 Marie St
MedfordOR97504
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from $1,1001 to 2 Bedroom Apartments Available Now
Poplar Village North
1801 Poplar DrMedford, OR 97504
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from $1,1001 Bedroom Apartments Available Now
Bartlett Street Apartments
520 N Bartlett StMedford, OR 97501
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97 Erickson Ave
Shady CoveOR97539
741 N St
Klamath FallsOR97601
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Prospect, OR Local Guide
Tulip farm by Sheila Sund is licensed under CC BY 2.0
How much does it cost to rent an apartment in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Studio Apartments | $1,205 | $950 | $1,495 |
| Prospect 1 Bedroom Apartments | $1,314 | $745 | $2,100 |
| Prospect 2 Bedroom Apartments | $1,427 | $1,095 | $2,100 |
| Prospect 3 Bedroom Apartments | $1,771 | $1,250 | $2,200 |
| Prospect 4 Bedroom Apartments | $1,950 | $1,950 | $1,950 |
Browse Top Apartments in Prospect
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Prospect, OR Local Guide
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Cheapest Available Prospect Apartments for Rent and Nearby
The cheapest available apartment rental in Prospect, OR is a 1 Bed unit found at Ashlander Apartments priced from $1,085. Bartlett Street Apartments in the Downtown Medford neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashlander Apartments | 1BR/1BA | 1BR,1BA | $1,085 |
| Bartlett Street Apartments | #9 | 1BR,1BA | $1,100 |
| Genesis Apartments | Studio | Studio,1BA | $1,150 |
| Orchard Glen Estates | 2 Bedroom 1.5 Bath Apartment | 2BR,1BA | $1,195 |
| Charles Point | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Prospect, OR and Nearby
As of April 10, 2025 the best value apartment in the Prospect area is the $1.33 price per square foot 3 Bed 2.5 Bath Model at Oak Grove Estates in the in the Downtown Medford neighborhood starting from $1,995. The second greatest value Prospect apartment is the 2X2A Model at Ridgewood starting at $1,915 with a $1.70 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. |
|---|---|---|---|
| Oak Grove Estates | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.33 |
| Ridgewood | 2X2A | 2BR,2BA | $1.70 |
| Oak Springs | Two Bedroom | 2BR,2BA | $1.46 |
| Preble Way Apartments | Preble Apartments Winter Warm-Up: Move In & Sav... | 2BR,2BA | $1.76 |
| Orchard Glen Estates | 2 Bedroom 1.5 Bath Apartment | 2BR,1.5BA | $1.48 |
| Charles Point | 2 Bedroom 1.5 Bath Apartment | 2BR,1.5BA | $1.58 |
| Smith Crossing Apartments | 2 Bedroom 1.5 Bath Apartment | 2BR,1.5BA | $1.71 |
| Poplar Village North | Floor Plan A | 1BR,1BA | $1.41 |
| Anjou Club Apartment Homes | 1x1 | 1BR,1BA | $2.17 |
| Bartlett Street Apartments | #13 | 1BR,1BA | $2.20 |
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Prospect, OR Apartments MapProspect, OR Rental Homes MapFrequently Asked Questions about Cheap Prospect Apartments
What is the Cheapest Studio apartment in Prospect?
Currently the most affordable Cheap Studio Apartment in Prospect is at Genesis Apartments listed at $1,150.
How much is rent for a Cheap One Bedroom Prospect Apartment?
The lowest price for a Cheap One Bedroom Prospect Apartment is $1,085 at Ashlander Apartments.
What is the lowest price for a Cheap Two Bedroom Prospect Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Prospect is starting from $1,195 at Orchard Glen Estates.
What is the most affordable Prospect Three Bedroom Apartment?
The best deal on a cheap Prospect Three Bedroom Apartment rental is at Smith Crossing Apartments and starts from $1,550.
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.
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.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.