
Cheap Homes for Rent in Prospect, VA from $500 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect.


105 Williams Rd

209 Holcomb Path Rd

209 Clark St

3975 S Amherst Hwy

502 Longwood Ave

200 Danielle Ln

143 Hughes Dr

133 W Vail Ct

207 C St

2857 Triangle Pl

511 Florida Ave
Prospect, VA 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 | $1,247 | $650 | $2,200 |
Prospect 3 Bedroom Homes for Rent | $1,268 | $600 | $1,895 |
Prospect 4 Bedroom Homes for Rent | $1,582 | $550 | $1,900 |
Prospect 5 Bedroom Homes for Rent | $1,562 | $525 | $2,600 |
Browse Top Homes for Rent in Prospect
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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 Bramblewood Apartments in the Tate Springs neighborhood priced from $800. Miller's Rest Apartments in the Tate Springs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $803. Here is today’s list of the most affordable Prospect apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
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 |
Rivermont Park | 1 Bedroom, 1 Bath | 1BR,1BA | $849 |
The Timbers | 2 Bedroom, 1 Bathroom | 2BR,1BA | $859 |
Best Value Apartments for Rent in Prospect, VA and Nearby
As of April 07, 2025 the best value apartment in the Prospect area is the $0.95 price per square foot Two Bedroom - Loft Model at Piedmont Flour Mill Lofts in the in the Tate Springs neighborhood starting from $1,449. The second greatest value Prospect apartment is the 3BR/2BA Renovated Model at Park Place Apartments starting at $1,150 with a $1.03 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Piedmont Flour Mill Lofts | Two Bedroom - Loft | 2BR,2BA | $0.95 |
Park Place Apartments | 3BR/2BA Renovated | 3BR,2BA | $1.03 |
Grand Vistas | Dogwood | 1BR,1BA | $0.99 |
Mill's Crossing | 2 | 2BR,2BA | $1.02 |
Del Ray Townhomes | 2 BR/1 BA RENO | 2BR,1BA | $1.19 |
Miller's Rest Apartments | Pritchell | 2BR,2BA | $0.85 |
The Timbers | 2 Bedroom, 1 Bathroom | 2BR,1BA | $0.98 |
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 $3,648. There are also 35 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 $1,264.
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 $3,511, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $1,895. Four Bedroom Single-Family rentals are also available starting from $550 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.