Average Rent and Costs in Prospect Heights, New York, NY

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There are currently active 345 listings advertised for rent in Prospect Heights, New York, NY. Prospect Heights rentals average $3,530 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $4,300, or roughly $64 per square feet.
For the apartment units and housing in February 2023, median rents have risen over the last year. Studio rentals prices have increased by $393 (12.29%) year-over-year from $3,202 to $3,595. 1-bedroom rentals prices have increased by $343 (8.79%) year-over-year from $3,907 to $4,250. 2-bedroom rentals prices have increased by $388 (6.69%) year-over-year from $5,807 to $6,195. 3-bedroom rentals prices have increased by $4,592 (66.47%) year-over-year from $6,908 to $11,500. 4-bedroom rentals prices have increased by $1,583 (35.85%) year-over-year from $4,417 to $6,000. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 3.90% this month. 1-bedroom rents have gone up by 0.89% this month. 2-bedroom rents have gone down by 2.39% this month. 3-bedroom rents have gone up by 13.15% this month. 4-bedroom rents have gone up by 1.27% this month.
Current Availabilities February 2023
Bedrooms     Rent Price / sqft     Whole Month Rent 1 Yr Ago Rent (% Change) 3 Yr Ago Rent (% Change)
Studio $3,530 $52 $3,595 $3,202 (12.29%) $2,516 (42.87%)
1 BR $4,298 $64 $4,250 $3,907 (8.79%) $2,867 (48.26%)
2 BR $6,700 $58 $6,195 $5,807 (6.69%) $3,285 (88.57%)
3 BR $11,500 $43 $11,500 $6,908 (66.47%) $3,992 (188.10%)

Historical Rents in Prospect Heights, New York, NY

Studio
1 Bedroom
2 Bedroom
3 Bedroom
4 Bedroom

Top Cities Near Prospect Heights

There are a total of 25 cities nearby Prospect Heights. The average rent in Prospect Heights is currently $3,000 per month. A total of 21 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,700, is the most affordable city nearby. In contrast, the most expensive city near Prospect Heights, New York, NY is Spring Lake, NJ. Monthly rents here are on average $11,500 per month.

Let's compare Prospect Heights, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Prospect Heights, New York, NY is 46.18% more expensive than other cities nearby. One bedrooms are about 52.88% more expensive. Two bedrooms in Prospect Heights, New York, NY are about 57.84% more expensive. Finally, rent for three bedrooms are about 69.57% more expensive. Want more information? Check out the top 10 cities out of 25 total cities near Prospect Heights, New York, NY in the following chart.
City Studio 1BR 2BR All
Newark, NJ $1,950 $1,450 $1,800 $2,000
Bayonne, NJ $2,000 $1,824 $2,400 $2,227
Elizabeth, NJ $2,000 $2,108 $2,375 $2,400
Union City, NJ $2,500 $2,100 $2,400 $2,600
Jersey City, NJ $2,300 $2,595 $2,700 $2,750
West New York, NJ $2,250 $2,789 $3,100 $2,800
Fort Lee, NJ $1,488 $2,500 $3,048 $2,885
Long Beach, NY $1,900 $2,300 $3,050 $3,200
Hoboken, NJ $3,219 $3,000 $4,000 $3,382
New York, NY $3,200 $3,950 $4,900 $4,050

Top Neighborhoods Near Prospect Heights

There are a total of 55 neighborhoods in or near Prospect Heights. Some of these neighborhoods include East Flatbush, Ocean Hill, and Flatbush. We've included the top 30 neighborhoods out of 55 total neighborhoods in or near Prospect Heights, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Prospect Heights, New York, NY is currently around $3,995 per month. A total of 36 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Prospect Heights, Greenville has the most affordable average rent at $2,200 per month. Whereas, at $7,500 average rent per month, SoHo is the most expensive neighborhood in or near Prospect Heights. View the following chart for more information.
Neighborhood Studio 1BR 2BR All
East Flatbush, New York, NY $1,850 $2,000 $2,500 $2,500
Ocean Hill, New York, NY N/A $2,494 $2,500 $2,700
Flatbush, New York, NY $2,513 $2,729 $2,750 $2,908
Crown Heights, New York, NY $2,828 $2,425 $3,247 $2,995
Bedford-Stuyvesant, New York, NY $2,350 $2,600 $2,942 $3,162
Bushwick, New York, NY $2,542 $2,799 $3,075 $3,274
Ridgewood, New York, NY $3,098 $2,850 $3,200 $3,500
Little Italy, New York, NY $3,300 $3,448 $4,648 $3,500
Fort Greene, New York, NY $3,163 $4,025 $6,325 $3,765
Brooklyn Heights, New York, NY $3,075 $3,900 $6,398 $3,925
Financial District, New York, NY $3,295 $4,150 $5,966 $3,975
Clinton Hill, New York, NY $3,069 $3,738 $5,495 $4,010
Kips Bay, New York, NY $3,535 $3,830 $4,795 $4,095
Lower East Side, New York, NY $2,488 $3,200 $4,295 $4,195
Downtown Brooklyn, New York, NY $3,195 $4,051 $5,734 $4,255
Bowery, New York, NY $4,225 $3,500 $4,319 $4,265
NoLita, New York, NY $3,345 $4,295 $4,995 $4,295
Williamsburg, New York, NY $3,748 $4,512 $4,310 $4,341
East Village, New York, NY $2,600 $3,495 $4,495 $4,395
Greenpoint, New York, NY $3,244 $4,300 $4,645 $4,450
NoHo, New York, NY $3,550 $4,250 $6,895 $4,495
Battery Park City, New York, NY $3,313 $3,850 $8,215 $4,880
Greenwich Village, New York, NY $3,250 $5,395 $5,500 $4,910
West Village, New York, NY $3,750 $4,750 $5,495 $4,995
Flatiron District, New York, NY $3,700 $5,500 $8,685 $5,334
Gramercy Park, New York, NY $3,600 $4,275 $5,395 $5,549
NoMad, New York, NY $4,455 $5,218 $8,847 $5,587
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $4,726 $5,699 $5,614
Tribeca, New York, NY $5,000 $5,045 $7,248 $6,875
SoHo, New York, NY $3,200 $5,750 $15,000 $7,500

Top Counties Near Prospect Heights

County Studio 1BR 2BR All
Newark, NJ $1,950 $1,450 $1,800 $2,000
Bayonne, NJ $2,000 $1,824 $2,400 $2,227
Union City, NJ $2,500 $2,100 $2,400 $2,600
North Bergen, NJ $1,800 $1,925 $3,300 $2,625
Jersey City, NJ $2,300 $2,595 $2,700 $2,750
West New York, NJ $2,250 $2,789 $3,100 $2,800
Queens, New York, NY $3,015 $2,675 $3,200 $3,000
Hoboken, NJ $3,219 $3,000 $4,000 $3,382
Brooklyn, New York, NY $3,400 $3,750 $3,500 $3,595
Manhattan, New York, NY $3,200 $3,995 $5,200 $4,293

Top Zipcodes Near Prospect Heights

Zipcode Studio 1BR 2BR All
11238, New York, NY $3,088 $3,658 $4,490 $3,725
11217, New York, NY $3,495 $4,300 $6,500 $4,318
11216, New York, NY $2,500 $2,600 $3,075 $3,018
11201, New York, NY $3,194 $4,113 $5,795 $4,451
11206, New York, NY $3,950 $2,875 $3,699 $3,700
11221, New York, NY $2,100 $2,500 $2,940 $3,150
11226, New York, NY $2,357 $3,000 $2,773 $2,937
11211, New York, NY $3,690 $4,569 $5,949 $4,600
11233, New York, NY $3,438 $2,497 $2,550 $3,000
10002, New York, NY $2,859 $3,250 $4,295 $4,200
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