
Cheap Homes for Rent in Prospect Park Neighborhood of Ypsilanti, MI from $1,600 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Park area of Ypsilanti.
Prospect Park, Ypsilanti, MI Local Guide

How much does it cost to rent a home in Prospect Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prospect Park 3 Bedroom Homes for Rent | $1,916 | $1,650 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Prospect Park Neighborhood of Ypsilanti, MI.
Explore Ypsilanti
Prospect Park, Ypsilanti, MI Local Guide
- Nearby Ypsilanti neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Prospect Park, MI
As of April 10, 2025 the best value apartment in the Prospect Park area is the $1.51 price per square foot Spacious 3bd Model at Oakridge Apartments in the in the Cherry Hill Gardens neighborhood starting from $1,775. The second greatest value Prospect Park apartment is the GATED UPGRADED TWO BEDROOM WITH LAUNDRY Model at The Red Lion starting at $1,330 with a $1.43 price per square foot in the Blue Heron Pointe neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Oakridge Apartments | Spacious 3bd | 3BR,2BA | $1.51 |
The Red Lion | GATED UPGRADED TWO BEDROOM WITH LAUNDRY | 2BR,1BA | $1.43 |
922 Holmes Apartments | 2 Bedroom | 2BR,1BA | $1.32 |
Huron Heights/Huron Ridge | 1 Bed 1 Bath Flat | 1BR,1BA | $1.50 |
Harris & Cross Apartments | 1 Bed | 1BR,1BA | $1.38 |
Village Grove of Ypsilanti | 2 bedroom | 2BR,1BA | $1.45 |
The Ranches Of Rosebrook | Two Bedroom, One Bathroom (Renovated) | 2BR,1BA | $1.65 |
Country Meadows | 1 Bedroom, 1st Floor Upgrade | 1BR,1BA | $1.89 |
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.
Frequently Asked Questions about Prospect Park
What type of rentals are currently available in Prospect Park?
There are currently 38 Apartments for Rent in Prospect Park, MI with pricing that ranges from $925 to $1,850. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $1,650 to $2,100.
What is the current price range for Rental Homes in Prospect Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Park ranges from $1,650 to $2,100 with an average monthly rent of $1,916.
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.