105 Williams Rd
Madison HeightsVA24572
Cheap Homes for Rent in Prospect, VA from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.
113 Williams Rd
Madison HeightsVA24572
107 Williams Rd
Madison HeightsVA24572
209 Clark St
Madison HeightsVA24572
502 Longwood Ave
FarmvilleVA23901
605 Griffin Blvd
FarmvilleVA23901
200 Danielle Ln
KeysvilleVA23947
2127 Hanover St
LynchburgVA24501
1039 Melrose Rd
GladysVA24554
6415 Farmville Rd
FarmvilleVA23901
3498 Powhatan St
LynchburgVA24501
393 Hardtimes Rd
FarmvilleVA23901
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Prospect, VA Local Guide
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How much does it cost to rent a home in Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect 2 Bedroom Homes for Rent | $1,128 | $775 | $1,595 |
| Prospect 3 Bedroom Homes for Rent | $1,482 | $600 | $2,400 |
| Prospect 4 Bedroom Homes for Rent | $1,957 | $1,850 | $2,240 |
| Prospect 5 Bedroom Homes for Rent | $1,562 | $525 | $2,600 |
Browse Top Homes for Rent in Prospect
Explore Prospect
Prospect, VA Local Guide
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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. The Doyne has the second lowest priced unit, which is a 3 Beds apartment currently listed from $700. Here is today’s list of the most affordable Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Timbers | 1 Bedroom, 1 Bathroom | 1BR,1BA | $659 |
| The Doyne | 3 Bed/2 Bath | 3BR,2BA | $700 |
| Bramblewood Apartments | 1BR/1.0BA | 1BR,1BA | $800 |
| Miller's Rest Apartments | Proof -ADA | 2BR,2BA | $803 |
| Wesley Apartments - Senior Living Community | Studio (Stair Access) | Studio,1BA | $820 |
Best Value Apartments for Rent in Prospect, VA and Nearby
As of March 25, 2025 the best value apartment in the Prospect area is the $0.47 price per square foot 3 Bed/2 Bath Model at The Doyne in the starting from $700. The second greatest value Prospect apartment is the The Buffalo Model at Belmont Landing Apartments starting at $1,638 with a $1.16 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 Doyne | 3 Bed/2 Bath | 3BR,2BA | $0.47 |
| Belmont Landing Apartments | The Buffalo | 3BR,4BA | $1.16 |
| Grand Vistas | Dogwood | 1BR,1BA | $1.02 |
| Park Place Apartments | 2BR/2BA +Den Renovated | 2BR,2BA | $0.97 |
| Del Ray Townhomes | 2 BR/1 BA RENO | 2BR,1BA | $1.19 |
| Miller's Rest Apartments | Pritchell | 2BR,2BA | $0.85 |
| Logans Landing | 1 Bedroom 1 Bath w/Sunroom | 1BR,1BA | $1.18 |
| County Green Apartment Homes | 1 Bed, 1 bath | 1BR,1BA | $1.15 |
| Princeton Circle West Apartments | Colonial | 1BR,1BA | $1.18 |
| Bramblewood Apartments | 1BR/1.0BA | 1BR,1BA | $1.18 |
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Frequently Asked Questions about Prospect
What type of rentals are currently available in Prospect?
There are currently 47 Apartments for Rent in Prospect, VA with pricing that ranges from $659 to $3,636. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $525 to $2,600.
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 $525 to $2,600 with an average monthly rent of $1,358.
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 $925 to $3,381, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,669.
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.