
Cheap Homes for Rent in Prospect, TN from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.


731 Shelton St

17962 Arrowhead Drive

207 4th Ave

24220 Dupree Hollow Rd

1311 Wheeler St

1206 Plainview Cir
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, TN 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 | $1,395 | $999 | $1,550 |
Prospect 3 Bedroom Homes for Rent | $1,621 | $950 | $2,450 |
Prospect 4 Bedroom Homes for Rent | $1,840 | $1,450 | $2,500 |
Browse Top Homes for Rent in Prospect
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Prospect, TN Local Guide
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Cheapest Available Prospect Apartments for Rent and Nearby
 The cheapest available apartment rental in Prospect, TN is a 1 Bed unit found at Creekside Apartments priced from $655. Higgins Estates Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $799. Here is today’s list of the most affordable Prospect apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Creekside Apartments | 1 Bedroom | 1BR,1BA | $655 |
Higgins Estates Apartments | Two Bedroom | 2BR,1BA | $799 |
Athens Square Apartments | 1BR/1.0BA | 1BR,1BA | $800 |
Best Value Apartments for Rent in Prospect, TN and Nearby
As of April 17, 2025 the best value apartment in the Prospect area is the $1.03 price per square foot Fairmont A - Fairmont A Model at Hidden River Townhomes in the in the Triana neighborhood starting from $1,749. The second greatest value Prospect apartment is the Morgan Model at Parallel 36 @ Liberty starting at $1,695 with a $1.07 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. |
---|---|---|---|
Hidden River Townhomes | Fairmont A - Fairmont A | 3BR,2.5BA | $1.03 |
Parallel 36 @ Liberty | Morgan | 3BR,2.5BA | $1.07 |
The Palladian at Promenade | Gemini | 2BR,2BA | $1.16 |
Cambridge Place Luxury Apartments | 2 Bedroom | 2BR,2BA | $1.06 |
Creekside At Athens | 3Be-fc | 3BR,2BA | $1.08 |
Cottonwood Apartments | 3 Bedroom Townhome | 3BR,2.5BA | $0.85 |
Belle Mor Luxury Apartments | 1 Deluxe | 1BR,1BA | $1.08 |
Southwind Apartments | 3 Bedroom | 3BR,2BA | $1.16 |
Creekside Apartments | 1 Bedroom | 1BR,1BA | $0.87 |
Athens Square Apartments | 1BR/1.0BA | 1BR,1BA | $1.07 |
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Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 40 Apartments for Rent in Prospect, TN with pricing that ranges from $655 to $4,302. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $800 to $2,500.
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 $800 to $2,500 with an average monthly rent of $1,476.
How much are larger Three and Four Bedroom Rentals in Prospect?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect range from $770 to $4,067, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,450. Four Bedroom Single-Family rentals are also available starting from $1,450 and Four Bedroom Apartments start at $1,960.
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.