111 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.
115 Williams Rd
Madison HeightsVA24572
103 Williams Rd
Madison HeightsVA24572
105 Williams Rd
Madison HeightsVA24572
107 Williams Rd
Madison HeightsVA24572
101 Williams Rd
Madison HeightsVA24572
3975 S Amherst Hwy
Madison HeightsVA24572
502 Longwood Ave
FarmvilleVA23901
200 Danielle Ln
KeysvilleVA23947
2426 Fairview Ave
LynchburgVA24501
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.
1603 Florida Ave
LynchburgVA24501
147 Dana Dr
RustburgVA24588
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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 | $955 | $650 | $1,200 |
| Prospect 3 Bedroom Homes for Rent | $1,402 | $750 | $2,100 |
| Prospect 4 Bedroom Homes for Rent | $1,525 | $505 | $1,900 |
| Prospect 5 Bedroom Homes for Rent | $1,478 | $525 | $2,600 |
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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 $750. 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 | $750 |
| 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 27, 2025 the best value apartment in the Prospect area is the $1.16 price per square foot 2 Bedroom with Den Model at Walden Pond Apartment Homes in the in the Tate Springs neighborhood starting from $1,384. The second greatest value Prospect apartment is the One Bedroom Model at Piedmont Flour Mill Lofts starting at $1,099 with a $0.92 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. |
|---|---|---|---|
| Walden Pond Apartment Homes | 2 Bedroom with Den | 2BR,1.5BA | $1.16 |
| Piedmont Flour Mill Lofts | One Bedroom | 1BR,1BA | $0.92 |
| Forestbrook Apartments | 3 Bed/ 2 Bath with Den | 3BR,2BA | $0.92 |
| Park Place Apartments | 3BR/2BA Renovated | 3BR,2BA | $1.16 |
| Grand Vistas | Dogwood | 1BR,1BA | $0.99 |
| Princeton Circle West Apartments | Contemporary | 2BR,2BA | $1.03 |
| Miller's Rest Apartments | Proof -ADA | 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 |
| Bramblewood Apartments | 1BR/1.0BA | 1BR,1BA | $1.10 |
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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 $4,371. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect ranging from $505 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 $505 to $2,600 with an average monthly rent of $1,215.
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 $4,371, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,100. Four Bedroom Single-Family rentals are also available starting from $505 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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
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.