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501 Prospect offers strong overall value with an expert rating of 8.5/10, highlighted by a perfect 10/10 price score and standout amenities, location, and transparency. It’s well-suited to renters prioritizing social life, work-from-home convenience, and environmental sustainability, with abundant restaurants, cultural venues, coworking options, parks, walkability, and nearby public transit. On-site parking, a nearby top-rated high school, and ample listing photos further enhance its appeal as a competitively priced, amenity-rich option.
Things you’ll love
Great for
| 1/1 | 1 bed | 1 bath | 243 sqft | $600 /mo |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Utilities Included |
Services
| Bilingual |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Units | 5 |
|---|
🛏 Unit DetailsStudio Apartment – 1 Bedroom • 1 BathroomLease Term: 1-year leaseCozy and centrally located studio apartment just minutes from UTEP, Downtown, hospitals, I-10, public transportation, and shopping centers.✨ FeaturesStudio layout with 1 bedroom1 full bathroomKitchen areaLiving space with natural lightIndependent heating and cooling unitPrivate entranceOn-site parkingQuiet building💧 Utilities Included✔ Water✔ Gas✔ Electricity📌 RequirementsCompleted rental applicationApplication must include:✔ Credit report✔ Criminal background report✔ Eviction historyApplications missing any of these will be marked as incompleteProof of incomeNo petsExceptions only for registered service animalsNo prior evictions preferredLease term: 1-year lease📅 Move-in Ready!Contact us to schedule a tour or request your application.
How 501 Prospect compares to other nearby properties.
Positives
1-bedroom apartments at 501 Prospect cost about 20% less than the average rent price for 1-bedroom apartments in Sunset Heights.
| Month | Median Rent |
|---|---|
| May 2024 | $927 |
| June 2024 | $914 |
| July 2024 | $950 |
| August 2024 | $913 |
| September 2024 | $890 |
| October 2024 | $891 |
| November 2024 | $931 |
| December 2024 | $904 |
| January 2025 | $880 |
| February 2025 | $881 |
| March 2025 | $900 |
| April 2025 | $886 |
| May 2025 | $888 |
| June 2025 | $893 |
| July 2025 | $893 |
| August 2025 | $870 |
| September 2025 | $850 |
| October 2025 | $825 |
| November 2025 | $830 |
| December 2025 | $860 |
| January 2026 | $804 |
| February 2026 | $830 |
| March 2026 | $850 |
| April 2026 | $827 |
| Month | Median Rent |
|---|---|
| May 2024 | $798 |
| June 2024 | $791 |
| July 2024 | $790 |
| August 2024 | $798 |
| September 2024 | $822 |
| November 2024 | $809 |
| December 2024 | $816 |
| January 2025 | $900 |
| February 2025 | $900 |
| March 2025 | $966 |
| May 2025 | $859 |
| June 2025 | $756 |
| July 2025 | $750 |
| August 2025 | $716 |
| September 2025 | $710 |
| October 2025 | $685 |
| November 2025 | $770 |
| December 2025 | $680 |
| January 2026 | $705 |
| February 2026 | $723 |
| March 2026 | $742 |
| April 2026 | $750 |
Can I afford to live at 501 Prospect St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$24,000/yr
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