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 $3,654 for a studio rental to $12,000 for a 4-bedroom rental. The median price of all currently available listings is $4,350, or roughly $81 per square feet.
For the apartment units and housing in July 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $22 (0.62%) year-over-year from $3,615 to $3,638. 1-bedroom rentals prices have decreased by $123 (-2.82%) year-over-year from $4,373 to $4,250. 2-bedroom rentals prices have decreased by $206 (-3.43%) year-over-year from $6,006 to $5,800. 3-bedroom rentals prices have decreased by $1,468 (-19.67%) year-over-year from $7,465 to $5,997. 4-bedroom rentals prices have increased by $3,452 (40.38%) year-over-year from $8,548 to $12,000. 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 down by 0.08% this month. 1-bedroom rents have gone down by 2.67% this month. 2-bedroom rents have gone down by 5.38% this month. 3-bedroom rents have gone up by 3.74% this month. 4-bedroom rents have gone down by 17.24% this month.
Beds
Price / Sqft
Jul 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $71.43 $3,638 $3,615 (0.62%) $3,497 (4.03%)
1 BR $81.18 $4,250 $4,373 (-2.82%) $4,330 (-1.86%)
2 BR $86.69 $5,800 $6,006 (-3.43%) $6,353 (-8.70%)
3 BR N/A $5,997 $7,465 (-19.67%) $7,398 (-18.94%)
4+ BR N/A $12,000 $8,548 (40.38%) $11,250 (6.67%)

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 26 cities nearby Prospect Heights. The average rent in Prospect Heights is currently $3,127 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 $2,050, 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 $10,500 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 48.14% more expensive than other cities nearby. One bedrooms are about 42.07% more expensive. Two bedrooms in Prospect Heights, New York, NY are about 50.93% more expensive. Finally, rent for three bedrooms are about 44.36% more expensive. Want more information? Check out the top 10 cities out of 26 total cities near Prospect Heights, New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Newark, NJ $1,950 $1,600 $1,950 $2,100
Garfield, NJ N/A $1,800 $2,200 $2,475
Hackensack, NJ $1,773 $1,955 $2,650 $2,500
Jersey City, NJ $2,968 $2,843 $2,650 $2,600
Yonkers, NY $2,065 $2,290 $2,500 $2,600
Fort Lee, NJ $1,725 $2,750 $3,000 $3,050
Palisades Park, NJ $1,550 $1,950 $2,875 $3,197
Mount Vernon, NY $1,750 $2,350 $2,600 $3,200
Long Beach, NY $2,200 $2,825 $3,750 $3,800
New York, NY $3,795 $4,635 $6,200 $4,850

Top Neighborhoods Near Prospect Heights

There are a total of 70 neighborhoods in or near Prospect Heights. Some of these neighborhoods include Ocean Hill, Flatbush, and East Flatbush. We've included the top 30 neighborhoods out of 70 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 $4,675 per month. A total of 29 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Interestingly, the neighborhoods' average rent is higher than Prospect Heights's average rent, which is only $4,350. Out of all the neighborhoods in or near Prospect Heights, Brooklawn - St. Vincent has the most affordable average rent at $2,000 per month. Whereas, at $8,750 average rent per month, Two Bridges is the most expensive neighborhood in or near Prospect Heights. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Ocean Hill, New York, NY $1,800 $2,575 $3,100 $3,100
Flatbush, New York, NY $2,525 $3,000 $3,400 $3,200
East Flatbush, New York, NY $3,125 $3,000 $3,200 $3,200
Greenwood Heights, New York, NY $2,958 $3,369 $4,256 $3,495
Bedford-Stuyvesant, New York, NY $3,250 $3,395 $3,800 $3,600
Crown Heights, New York, NY $3,249 $3,500 $4,200 $3,642
Windsor Terrace, New York, NY $2,787 $3,369 $4,738 $3,750
Bushwick, New York, NY $3,369 $3,500 $3,750 $3,850
Ridgewood, New York, NY $2,695 $2,900 $3,945 $3,942
Gowanus, New York, NY $3,450 $4,100 $6,490 $4,445
Downtown Brooklyn, New York, NY $3,650 $4,423 $6,495 $4,515
Clinton Hill, New York, NY $3,550 $4,118 $5,683 $4,650
NoHo, New York, NY $4,650 $4,500 $15,000 $4,650
Fort Greene, New York, NY $3,500 $4,575 $6,795 $4,700
Greenpoint, New York, NY $3,645 $4,503 $6,877 $4,735
Park Slope, New York, NY $3,050 $3,900 $5,250 $4,800
Williamsburg, New York, NY $4,000 $4,899 $5,316 $5,000
Boerum Hill, New York, NY $3,888 $4,655 $5,725 $5,000
Bowery, New York, NY $4,525 $4,734 $5,400 $5,150
Financial District, New York, NY $4,111 $5,390 $7,371 $5,202
NoLita, New York, NY $3,750 $5,495 $6,995 $5,495
Brooklyn Heights, New York, NY $3,850 $4,800 $7,195 $5,500
Battery Park City, New York, NY $4,511 $5,504 $7,659 $5,900
East Village, New York, NY $4,100 $4,295 $6,495 $5,945
Civic Center, New York, NY $5,200 $5,623 $9,498 $5,950
Carroll Gardens, New York, NY $3,323 $3,900 $6,000 $6,000
Lower East Side, New York, NY $4,123 $4,495 $5,995 $6,245
Tribeca, New York, NY $5,999 $7,000 $8,495 $7,995
Little Italy, New York, NY $3,700 $3,724 $5,250 $8,295
Two Bridges, New York, NY N/A $5,200 $8,750 $8,750

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, Hackensack, NJ, and Jersey City, NJ. The average rent for rentals in these counties is $3,239. That's roughly around $40 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 $2,050. Vice versa, with an average rent of $8,000, Greenwich, CT is the most expensive county by Prospect Heights, New York, NY.

Typically, rent for studios in Prospect Heights, New York, NY is 44.38% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Prospect Heights, New York, NY is 42.69% 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 table below.
County Studio 1 Bed 2 Bed All
Newark, NJ $1,950 $1,600 $1,950 $2,100
Hackensack, NJ $1,773 $1,955 $2,650 $2,500
Jersey City, NJ $2,968 $2,843 $2,650 $2,600
Staten Island, New York, NY $2,400 $2,723 $3,426 $3,000
Fort Lee, NJ $1,725 $2,750 $3,000 $3,050
Palisades Park, NJ $1,550 $1,950 $2,875 $3,197
Bronx, New York, NY $2,524 $2,800 $3,452 $3,239
Queens, New York, NY $3,500 $3,600 $4,237 $3,675
Brooklyn, New York, NY $3,579 $4,100 $4,995 $4,200
Manhattan, New York, NY $3,950 $5,125 $6,995 $5,470

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 $4,941. 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 11226, New York, NY at $3,197 per month. In comparison, the zipcode with the most expensive average rent of $8,295 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,684. That's at least $95 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 $4,542 per month. Or in other words, $90 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,573 per month. Which comes out to $85 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 $3,630 $4,195 $5,610 $4,300
11217, New York, NY $3,665 $4,500 $6,645 $4,650
11216, New York, NY $3,250 $3,500 $4,200 $3,800
11205, New York, NY $3,327 $3,898 $5,104 $4,300
11225, New York, NY $3,235 $3,500 $4,677 $3,750
11215, New York, NY $3,300 $4,150 $6,000 $4,495
11213, New York, NY $3,250 $3,050 $3,145 $3,250
11201, New York, NY $3,650 $4,495 $6,495 $4,700
11231, New York, NY $3,326 $3,669 $6,000 $5,600
11206, New York, NY $3,200 $3,395 $4,195 $3,950

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 $4,350. 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 $3,654 and an average price per square feet of $71.43. There are a total of 86 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 $4,380 and an average price per square feet of $81.18. There are a total of 269 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 $6,000 and an average price per square feet of $86.69. There are a total of 83 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 0.01%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by -0.03%, three bedroom rental prices have changed by -0.20% 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 $3,480/month. You can search for these reasonably priced rental listings on RentHop.
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