Average Rent in Prospect Heights, New York, NY

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Current Versus Historical Prospect Heights, New York, NY Rents

Prospect Heights rentals average $3,630 for a studio rental to $5,500 for a 4-bedroom rental. The median price of all currently available listings is $4,485, or roughly $82 per square feet.

For the apartment units and housing in August 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $74 (2.09%) year-over-year from $3,524 to $3,598. 1-bedroom rentals prices have increased by $98 (2.27%) year-over-year from $4,337 to $4,435. 2-bedroom rentals prices have increased by $339 (5.69%) year-over-year from $5,956 to $6,295. 3-bedroom rentals prices have decreased by $753 (-10.11%) year-over-year from $7,448 to $6,695. 4-bedroom rentals prices have decreased by $2,930 (-34.76%) year-over-year from $8,430 to $5,500. 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 down by 0.83% this month. 1-bedroom rents have gone up by 0.08% this month. 2-bedroom rents have gone down by 0.53% this month. 3-bedroom rents have gone down by 4.65% this month. 4-bedroom rents have gone down by 48.44% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$44.35	$3,598	$3,524 (2.09%)	$3,428 (4.95%)
1 BR	$81.25	$4,435	$4,337 (2.27%)	$4,251 (4.34%)
2 BR	$83.10	$6,295	$5,956 (5.69%)	$6,217 (1.26%)
3 BR	$55.71	$6,695	$7,448 (-10.11%)	$7,225 (-7.34%)
4+ BR	N/A	$5,500	$8,430 (-34.76%)	$11,250 (-51.11%)

Historical Rents in Prospect Heights, New York, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Prospect Heights

There are a total of 27 cities nearby Prospect Heights. The average rent in Prospect Heights is currently $3,000 per month. A total of 22 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,025, is the most affordable city nearby. In contrast, the most expensive city near Prospect Heights, New York, NY is Westport, CT. Monthly rents here are on average $9,250 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 44.90% more expensive than other cities nearby. One bedrooms are about 44.19% more expensive. Two bedrooms in Prospect Heights, New York, NY are about 52.22% more expensive. Finally, rent for three bedrooms are about 44.30% more expensive. Want more information? Check out the top 10 cities out of 27 total cities near Prospect Heights, New York, NY in the following table.

City	Studio	1 Bed	2 Bed	All
Newark, NJ	$2,550	$1,500	$1,900	$2,100
Kearny, NJ	N/A	$1,750	$2,150	$2,175
Jersey City, NJ	$2,907	$2,700	$2,200	$2,400
Garfield, NJ	$1,550	$1,800	$2,250	$2,400
Bayonne, NJ	$2,250	$2,595	$3,400	$2,550
Fort Lee, NJ	$1,500	$2,250	$3,398	$3,000
Cliffside Park, NJ	N/A	$2,125	$2,700	$3,125
Palisades Park, NJ	$1,850	$1,975	$2,750	$3,300
Long Beach, NY	$2,250	$2,800	$3,400	$3,500
New York, NY	$3,900	$4,670	$6,150	$4,895

Top Neighborhoods Near Prospect Heights

There are a total of 71 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 71 total neighborhoods in or near Prospect Heights, New York, NY in the following table.

The average rent for these 30 neighborhoods in or near Prospect Heights, New York, NY is currently around $4,640 per month. A total of 33 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is higher than Prospect Heights's average rent, which is only $4,485. Out of all the neighborhoods in or near Prospect Heights, East Side has the most affordable average rent at $2,000 per month. Whereas, at $8,000 average rent per month, Tribeca is the most expensive neighborhood in or near Prospect Heights. View the following table for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
East Flatbush, New York, NY	$3,530	$2,975	$2,850	$3,000
Ocean Hill, New York, NY	N/A	$2,975	$2,900	$3,300
Flatbush, New York, NY	$2,737	$3,129	$3,405	$3,300
Greenwood Heights, New York, NY	$8,350	$3,369	$4,355	$3,600
Bedford-Stuyvesant, New York, NY	$3,250	$3,499	$4,195	$3,797
Crown Heights, New York, NY	$3,000	$3,400	$4,551	$3,800
Windsor Terrace, New York, NY	$2,750	$3,413	$4,750	$3,942
Ridgewood, New York, NY	$2,445	$3,200	$3,945	$3,945
Bushwick, New York, NY	$3,677	$3,300	$3,900	$3,950
Clinton Hill, New York, NY	$3,550	$4,030	$5,995	$4,295
Gowanus, New York, NY	$3,480	$4,050	$5,995	$4,395
Downtown Brooklyn, New York, NY	$3,595	$4,385	$6,450	$4,438
Fort Greene, New York, NY	$3,579	$4,575	$6,795	$4,575
Boerum Hill, New York, NY	$3,915	$4,180	$5,975	$4,640
Greenpoint, New York, NY	$3,645	$4,600	$7,000	$4,650
NoHo, New York, NY	$4,750	$4,600	$12,000	$4,750
Brooklyn Heights, New York, NY	$4,050	$5,000	$6,894	$4,979
Williamsburg, New York, NY	$4,105	$5,042	$5,816	$5,079
Financial District, New York, NY	$4,191	$5,386	$7,200	$5,165
Park Slope, New York, NY	$3,213	$3,950	$5,000	$5,250
NoLita, New York, NY	$2,100	$4,995	$7,995	$5,495
Bowery, New York, NY	$3,299	$3,999	$6,125	$5,600
East Village, New York, NY	$4,100	$4,295	$6,200	$5,625
Battery Park City, New York, NY	$4,124	$5,350	$7,490	$5,800
Lower East Side, New York, NY	$4,307	$4,495	$5,995	$5,995
Two Bridges, New York, NY	N/A	$5,295	$8,750	$5,999
Carroll Gardens, New York, NY	$3,050	$4,154	$6,000	$6,000
DUMBO, New York, NY	$5,010	$5,292	$7,711	$6,504
Little Italy, New York, NY	$3,500	$3,700	$3,899	$7,995
Tribeca, New York, NY	$6,499	$7,403	$8,295	$8,000

Top Counties Near Prospect Heights

There are a total of 39 counties located by Prospect Heights, New York, NY. Some of these counties include Newark, NJ, Kearny, NJ, and Jersey City, NJ. The average rent for rentals in these counties is $3,150. That's roughly around $39 per sqft. A total of 33 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. Its average rent per month is $2,025. Vice versa, with an average rent of $7,500, Greenwich, CT is the most expensive county by Prospect Heights, New York, NY.

Typically, rent for studios in Prospect Heights, New York, NY is 44.90% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Prospect Heights, New York, NY is 43.46% more expensive than other counties nearby. Finally, rent for two bedrooms in Prospect Heights, New York, NY is 48.37% more expensive than other counties nearby. We've listed the top 10 counties in the table below.

County	Studio	1 Bed	2 Bed	All
Newark, NJ	$2,550	$1,500	$1,900	$2,100
Kearny, NJ	N/A	$1,750	$2,150	$2,175
Jersey City, NJ	$2,907	$2,700	$2,200	$2,400
Bayonne, NJ	$2,250	$2,595	$3,400	$2,550
Fort Lee, NJ	$1,500	$2,250	$3,398	$3,000
Cliffside Park, NJ	N/A	$2,125	$2,700	$3,125
Palisades Park, NJ	$1,850	$1,975	$2,750	$3,300
Queens, New York, NY	$3,525	$3,719	$4,395	$3,775
Brooklyn, New York, NY	$3,590	$4,123	$4,995	$4,200
Manhattan, New York, NY	$4,050	$5,175	$7,000	$5,395

Top Zipcodes Near Prospect Heights

There are a total of 50 zipcodes in or near Prospect Heights, New York, NY. The average rent for all of these zipcodes is $4,912. A total of 15 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11213, New York, NY at $3,250 per month. In comparison, the zipcode with the most expensive average rent of $8,095 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,730. That's at least $92 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Prospect Heights, New York, NY is $4,598 per month. Or in other words, $88 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,848 per month. Which comes out to $84 per sqft. The following table includes the top 10 zipcodes in Prospect Heights, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
11238, New York, NY	$3,585	$4,195	$5,778	$4,350
11217, New York, NY	$3,620	$4,450	$6,500	$4,575
11216, New York, NY	$3,250	$3,495	$4,175	$3,800
11205, New York, NY	$3,361	$3,754	$4,784	$4,295
11225, New York, NY	$2,900	$3,416	$4,577	$3,750
11215, New York, NY	$3,300	$4,195	$5,500	$4,495
11213, New York, NY	$3,250	$2,965	$3,500	$3,250
11201, New York, NY	$3,645	$4,400	$6,495	$4,740
11231, New York, NY	$3,351	$3,677	$6,000	$4,560
11206, New York, NY	$3,164	$3,600	$4,500	$4,200

Frequently Asked Questions - Prospect Heights Average Rents

What is the average rent price in Prospect Heights, New York, NY?

The average monthly rental price for Prospect Heights, New York, NY apartments for rent is approximately $4,485. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Prospect Heights, New York, NY rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Prospect Heights, New York, NY.

How much is a studio apartment in Prospect Heights, New York, NY?

The average monthly rental price for studio apartments is $3,630 and an average price per square feet of $44.35. There are a total of 71 studio apartment listings currently available for rent in Prospect Heights.

How much is a one bedroom apartment in Prospect Heights, New York, NY?

The average monthly rental price for one bedroom apartments is $4,435 and an average price per square feet of $81.25. There are a total of 229 one bedroom apartment listings currently available for rent in Prospect Heights.

How much is a two bedroom apartment in Prospect Heights, New York, NY?

The average monthly rental price for two bedroom apartments is $6,295 and an average price per square feet of $83.10. There are a total of 99 two bedroom apartment listings currently available for rent in Prospect Heights.

How have rent prices in Prospect Heights, New York, NY changed this year?

Rent prices for rentals in Prospect Heights, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.02%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by 0.06%, three bedroom rental prices have changed by -0.10% year-over-year.

What is a reasonable rent price in Prospect Heights, New York, NY?

A reasonable rent price in Prospect Heights, New York, NY is around $3,588/month. You can search for these reasonably priced rental listings on RentHop.