207 4th Ave
AthensAL35611
Cheap Homes for Rent in Prospect, TN from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.
30031 Bankston Rd
ArdmoreTN38449
26547 6th St
ArdmoreAL35739
1312 W Hobbs St
AthensAL35611
410 Chestnut St
AthensAL35611
17962 Arrowhead Drive
AthensAL35611
1311 Wheeler St
AthensAL35611
Showing Results 1-7, Page 1 of 1
Prospect, TN Local Guide
Tree Lined Road in Tennessee by darshansphotos is licensed under CC BY 2.0
How much does it cost to rent a home in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect 2 Bedroom Homes for Rent | $1,283 | $925 | $1,595 |
| Prospect 3 Bedroom Homes for Rent | $1,686 | $1,095 | $2,450 |
| Prospect 4 Bedroom Homes for Rent | $1,923 | $1,195 | $2,600 |
| Prospect 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Top Homes for Rent in Prospect
Explore Prospect
Prospect, TN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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. Clinton Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. 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 |
| Clinton Place | 1 BD 1 BA Renovated w/ Washer Dryer | 1BR,1BA | $850 |
| Cleo Apartments | One Bedroom One Bathroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Prospect, TN and Nearby
As of March 25, 2025 the best value apartment in the Prospect area is the $0.98 price per square foot Fairmont B - Fairmont B Model at Hidden River Townhomes in the in the Triana neighborhood starting from $1,674. The second greatest value Prospect apartment is the Gemini Model at The Palladian at Promenade starting at $1,800 with a $1.16 price per square foot in the N Outer Madison Airport neighborhood. 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 B - Fairmont B | 3BR,2.5BA | $0.98 |
| The Palladian at Promenade | Gemini | 2BR,2BA | $1.16 |
| Parallel 36 @ Liberty | Madison | 3BR,2BA | $1.22 |
| Cottonwood Apartments | 3 Bedroom Townhome | 3BR,2.5BA | $0.85 |
| Creekside At Athens | 2Be-fc | 2BR,2BA | $1.08 |
| Autumn Falls | Brand New 2 Bedroom 2 Bathroom END Unit | 2BR,2BA | $1.11 |
| Belle Mor Luxury Apartments | 1 Deluxe | 1BR,1BA | $0.97 |
| The Henry | 3 Bed 2 Bath Renovated | 3BR,2BA | $1.12 |
| Southwind Apartments | 3 Bedroom | 3BR,2BA | $1.19 |
| Creekside Apartments | 1 Bedroom | 1BR,1BA | $0.87 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Prospect area?
If you’re an expert on all things Prospect, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 39 Apartments for Rent in Prospect, TN with pricing that ranges from $655 to $4,069. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $795 to $2,800.
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 $795 to $2,800 with an average monthly rent of $1,731.
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 $4,069, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $2,450. Four Bedroom Single-Family rentals are also available starting from $1,195 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.
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.