Average Rent in Prospect Heights, New York, NY

Current Versus Historical Prospect Heights, New York, NY Rents

Prospect Heights rentals average $3,600 for a studio rental to $6,980 for a 3-bedroom rental. The median price of all currently available listings is $4,300, or roughly $6 per square feet.

For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $12 (-0.33%) year-over-year from $3,507 to $3,495. 1-bedroom rentals prices have decreased by $20 (-0.46%) year-over-year from $4,315 to $4,295. 2-bedroom rentals prices have decreased by $271 (-4.25%) year-over-year from $6,371 to $6,100. 3-bedroom rentals prices have decreased by $3,649 (-35.96%) year-over-year from $10,149 to $6,500. 4-bedroom rentals prices have increased by $222 (2.68%) year-over-year from $8,278 to $8,500. 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 up by 1.61% this month. 1-bedroom rents have gone up by 0.35% this month. 2-bedroom rents have gone up by 0.49% this month. 3-bedroom rents have gone up by 4.77% this month. 4-bedroom rents have gone down by 12.67% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$6.85	$3,495	$3,507 (-0.33%)	$2,031 (72.11%)
1 BR	$6.46	$4,295	$4,315 (-0.46%)	$2,504 (71.50%)
2 BR	$5.99	$6,100	$6,371 (-4.25%)	$3,015 (102.36%)
3 BR	N/A	$6,500	$10,149 (-35.96%)	$3,450 (88.41%)

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 33 cities nearby Prospect Heights. The average rent in Prospect Heights is currently $3,000 per month. A total of 26 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,950, 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 $15,475 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 51.39% more expensive than other cities nearby. One bedrooms are about 47.51% more expensive. Two bedrooms in Prospect Heights, New York, NY are about 50.82% more expensive. Finally, rent for three bedrooms are about 39.83% more expensive. Want more information? Check out the top 10 cities out of 33 total cities near Prospect Heights, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Newark, NJ	$2,100	$2,074	$2,100	$2,300
Bayonne, NJ	$2,325	$2,057	$2,422	$2,400
Elizabeth, NJ	$1,861	$1,750	$2,300	$2,400
West New York, NJ	N/A	$2,475	$2,850	$2,698
Jersey City, NJ	$2,805	$2,700	$2,650	$2,700
Union City, NJ	$1,900	$2,250	$2,800	$2,775
Fort Lee, NJ	$1,500	$2,440	$3,000	$2,900
Cliffside Park, NJ	N/A	$2,150	$3,050	$3,000
Hoboken, NJ	$3,048	$3,187	$4,200	$3,700
New York, NY	$3,525	$4,200	$5,147	$4,400

Top Neighborhoods Near Prospect Heights

There are a total of 54 neighborhoods in or near Prospect Heights. Some of these neighborhoods include East Flatbush, Ridgewood, and Flatbush. We've included the top 30 neighborhoods out of 54 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 $4,402 per month. A total of 26 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $4,402. Interestingly, the neighborhoods' average rent is higher than Prospect Heights's average rent, which is only $4,300. Out of all the neighborhoods in or near Prospect Heights, East Side has the most affordable average rent at $1,900 per month. Whereas, at $8,250 average rent per month, Ocean Beach is the most expensive neighborhood in or near Prospect Heights. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
East Flatbush, New York, NY	$2,837	$2,650	$2,900	$2,900
Ridgewood, New York, NY	$1,350	$2,623	$3,199	$3,208
Flatbush, New York, NY	$2,800	$2,998	$3,144	$3,272
Bedford-Stuyvesant, New York, NY	$2,375	$2,850	$3,034	$3,300
Bushwick, New York, NY	$2,650	$2,799	$3,475	$3,450
Crown Heights, New York, NY	$2,800	$2,800	$3,675	$3,500
Clinton Hill, New York, NY	$3,152	$3,525	$5,987	$3,675
Bowery, New York, NY	$2,870	$3,995	$4,000	$3,995
Fort Greene, New York, NY	$3,439	$4,750	$6,309	$4,020
Brooklyn Heights, New York, NY	$3,750	$4,100	$6,150	$4,109
Downtown Brooklyn, New York, NY	$3,380	$4,158	$5,818	$4,150
Financial District, New York, NY	$3,495	$4,500	$6,400	$4,308
NoLita, New York, NY	$3,545	$4,495	$4,895	$4,495
East Village, New York, NY	$2,950	$3,600	$4,495	$4,500
Williamsburg, New York, NY	$3,626	$4,508	$4,650	$4,700
West Village, New York, NY	$4,750	$4,750	$6,750	$4,795
NoHo, New York, NY	$4,000	$4,625	$7,750	$4,800
Greenwich Village, New York, NY	$4,150	$4,800	$5,075	$4,800
Kips Bay, New York, NY	$3,793	$4,115	$5,320	$4,950
Murray Hill, New York, NY	$3,625	$4,303	$6,598	$4,995
Little Italy, New York, NY	$3,900	$5,000	$5,500	$5,000
Greenpoint, New York, NY	$3,495	$4,308	$5,750	$5,000
Battery Park City, New York, NY	$3,563	$4,539	$6,550	$5,095
Flatiron District, New York, NY	$4,050	$5,895	$8,571	$5,150
Lower East Side, New York, NY	$3,800	$3,595	$4,495	$5,195
NoMad, New York, NY	$4,454	$5,587	$8,506	$5,698
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$5,067	$6,127	$5,802
Gramercy Park, New York, NY	$3,815	$5,195	$5,295	$6,039
Tribeca, New York, NY	$4,250	$5,975	$7,295	$6,895
SoHo, New York, NY	$2,973	$3,950	$15,000	$7,500

Top Counties Near Prospect Heights

There are a total of 54 counties located by Prospect Heights, New York, NY. Some of these counties include Newark, NJ, Bayonne, NJ, and West New York, NJ. The average rent for rentals in these counties is $3,580. That's roughly around $3 per sqft. A total of 35 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,950. Vice versa, with an average rent of $15,475, Westport, CT is the most expensive county by Prospect Heights, New York, NY.

Typically, rent for studios in Prospect Heights, New York, NY is 46.11% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Prospect Heights, New York, NY is 43.98% more expensive than other counties nearby. Finally, rent for two bedrooms in Prospect Heights, New York, NY is 50.00% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Newark, NJ	$2,100	$2,074	$2,100	$2,300
Bayonne, NJ	$2,325	$2,057	$2,422	$2,400
West New York, NJ	N/A	$2,475	$2,850	$2,698
Jersey City, NJ	$2,805	$2,650	$2,650	$2,700
North Bergen, NJ	$2,149	$2,125	$2,850	$2,850
Cliffside Park, NJ	N/A	$2,150	$3,050	$3,000
Queens, New York, NY	$3,008	$2,696	$3,350	$3,200
Hoboken, NJ	$3,048	$3,187	$4,200	$3,700
Brooklyn, New York, NY	$3,495	$3,995	$4,000	$3,900
Manhattan, New York, NY	$3,595	$4,395	$5,595	$4,600

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 $4,462. A total of 21 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07756, Ocean Grove, NJ at $3,000 per month. In comparison, the zipcode with the most expensive average rent of $8,000 per month is 11770, Ocean Beach, NY.

Studios in these zipcodes have an average rent of $3,337. That's at least $7 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 $4,094 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,325 per month. Which comes out to $6 per sqft. The following chart 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	$3,473	$4,095	$5,966	$4,087
11217, New York, NY	$3,550	$4,450	$6,309	$4,300
11216, New York, NY	$2,250	$2,938	$3,400	$3,500
11201, New York, NY	$3,425	$4,175	$6,000	$4,250
11206, New York, NY	$2,835	$3,100	$4,250	$4,432
11221, New York, NY	$2,650	$2,850	$3,000	$3,300
11226, New York, NY	$2,778	$3,195	$3,138	$3,250
11211, New York, NY	$3,619	$4,650	$5,150	$4,910
10002, New York, NY	$3,748	$3,795	$4,495	$5,000
10004, New York, NY	$3,534	$4,431	$6,644	$4,271

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 $4,300. 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 $3,600 and an average price per square feet of $6.85. There are a total of 80 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 $4,410 and an average price per square feet of $6.46. There are a total of 161 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 $6,100 and an average price per square feet of $5.99. There are a total of 41 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 0.00%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by -0.04%, and three bedroom rental prices have changed by -0.36% 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 $3,440/month. You can search for these reasonably priced rental listings on RentHop.