Cheap Apartments for Rent in Prospect, VA from $600 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in Prospect.

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500 Euclid Avenue
1 Bedroom Apartments

500 Euclid Avenue

500 Euclid AveLynchburg, VA 24501
  • Utilities Included
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Midtown on 12th
Studio to 1 Bedroom Apartments

Midtown on 12th

1701 12th StLynchburg, VA 24501
  • Utilities Included
Showing Results 1-38, Page 1 of 1

Prospect, VA Local Guide

Cheapest Available Prospect Apartments for Rent and Nearby

 

The cheapest available apartment rental in Prospect, VA is a 1 Bed unit found at The Timbers priced from $659. Miller's Rest Apartments in the Tate Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $679. Here is today’s list of the most affordable Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Timbers1 Bedroom, 1 Bathroom1BR,1BA$659
Miller's Rest ApartmentsTrundle1BR,1BA$679
Elora Gardens Lynchburg1 Bedroom Medium1BR,1BA$696
Bramblewood Apartments1BR/1.0BA1BR,1BA$750
Wesley Apartments - Senior Living CommunityStudio (Stair or Ramp Access)Studio,1BA$820
County Green Apartment Homes1 Bed, 1 bath1BR,1BA$875
Midtown Lofts1 Bed 1 Bath1BR,1BA$895
Walden Pond Apartment Homes1 Bedroom1BR,1BA$900
Forestbrook Apartments2 Bed/ 2 Bath2BR,2BA$925
Rivermont Park2 Bedroom, 1 Bath2BR,1BA$949

Best Value Apartments for Rent in Prospect, VA and Nearby

As of May 10, 2025 the best value apartment in the Prospect area is the $1.21 price per square foot 2 Bedroom with Den Model at Walden Pond Apartment Homes in the in the Tate Springs neighborhood starting from $1,443. The second greatest value Prospect apartment is the One Bedroom Model at Piedmont Flour Mill Lofts starting at $1,206 with a $1.01 price per square foot in the Tate Springs neighborhood. Here is today’s list of the best values for Prospect apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Walden Pond Apartment Homes2 Bedroom with Den2BR,1.5BA$1.21
Piedmont Flour Mill LoftsOne Bedroom1BR,1BA$1.01
Forestbrook Apartments3 Bed/ 2 Bath with Den3BR,2BA$0.92
Park Place Apartments3BR/2BA Renovated3BR,2BA$1.16
Princeton Circle West ApartmentsContemporary2BR,2BA$1.03
Del Ray Townhomes2 BR/1 BA RENO2BR,1BA$1.19
County Green Apartment Homes1 Bed, 1 bath1BR,1BA$1.15
Midtown Lofts1 Bed 1 Bath1BR,1BA$1.19
Miller's Rest ApartmentsTrundle1BR,1BA$0.96
Bramblewood Apartments1BR/1.0BA1BR,1BA$1.10

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Frequently Asked Questions about Cheap Prospect Apartments

How much is rent for a Cheap One Bedroom Prospect Apartment?

The lowest price for a Cheap One Bedroom Prospect Apartment is $659 at The Timbers.

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 $800 at Bramblewood Apartments.

What is the most affordable Prospect Three Bedroom Apartment?

The best deal on a cheap Prospect Three Bedroom Apartment rental is at Miller's Rest Apartments and starts from $925.

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.

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