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 $3,598 for a studio rental to $15,750 for a 4-bedroom rental. The median price of all currently available listings is $4,575, or roughly $78 per square feet.
For the apartment units and housing in October 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $244 (-6.89%) year-over-year from $3,544 to $3,300. 1-bedroom rentals prices have decreased by $147 (-3.41%) year-over-year from $4,312 to $4,165. 2-bedroom rentals prices have decreased by $268 (-4.50%) year-over-year from $5,943 to $5,675. 3-bedroom rentals prices have decreased by $3,891 (-41.43%) year-over-year from $9,391 to $5,500. 4-bedroom rentals prices have increased by $7,677 (121.41%) year-over-year from $6,323 to $14,000. 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 6.14% this month. 1-bedroom rents have gone down by 4.53% this month. 2-bedroom rents have gone down by 7.30% this month. 3-bedroom rents have gone down by 21.41% this month. 4-bedroom rents have gone up by 33.33% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $83.66 $3,300 $3,544 (-6.89%) $3,306 (-0.19%)
1 BR $77.60 $4,165 $4,312 (-3.41%) $4,135 (0.71%)
2 BR $77.59 $5,675 $5,943 (-4.50%) $6,046 (-6.14%)
3 BR $67.01 $5,500 $9,391 (-41.43%) $6,763 (-18.68%)
4+ BR $76.08 $14,000 $6,323 (121.41%) $16,500 (-15.15%)

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 32 cities nearby Prospect Heights. The average rent in Prospect Heights is currently $3,048 per month. A total of 28 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,100, 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 $8,500 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 50.73% more expensive than other cities nearby. One bedrooms are about 47.67% more expensive. Two bedrooms in Prospect Heights, New York, NY are about 46.47% more expensive. Finally, rent for three bedrooms are about 54.46% more expensive. Want more information? Check out the top 10 cities out of 32 total cities near Prospect Heights, New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Kearny, NJ $25 $1,700 $2,275 $2,300
Lodi, NJ N/A $1,950 $2,300 $2,325
Newark, NJ $2,175 $1,750 $2,125 $2,350
Jersey City, NJ $2,889 $2,350 $2,250 $2,400
Bayonne, NJ N/A $2,497 $3,310 $2,535
Fort Lee, NJ $1,600 $2,350 $3,300 $2,995
Cliffside Park, NJ N/A $2,250 $3,205 $3,200
Palisades Park, NJ $1,700 $2,050 $2,900 $3,300
Edgewater, NJ $2,455 $2,700 $4,750 $4,000
New York, NY $3,900 $4,770 $6,254 $4,950

Top Neighborhoods Near Prospect Heights

There are a total of 70 neighborhoods in or near Prospect Heights. Some of these neighborhoods include East Flatbush, Flatbush, and Greenwood Heights. 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 $4,600 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 $4,575. 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 $8,043 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 $61,250 $2,971 $2,900 $3,000
Flatbush, New York, NY $3,230 $3,230 $3,550 $3,294
Greenwood Heights, New York, NY $2,825 $3,410 $4,355 $3,455
Ocean Hill, New York, NY $2,100 $2,799 $3,000 $3,499
Bedford-Stuyvesant, New York, NY $3,225 $3,400 $4,250 $3,600
Crown Heights, New York, NY $2,970 $3,449 $4,722 $3,800
Bushwick, New York, NY $3,175 $3,500 $3,895 $3,900
Ridgewood, New York, NY $2,600 $3,500 $3,945 $3,945
Clinton Hill, New York, NY $3,550 $4,000 $5,881 $4,195
Gowanus, New York, NY $3,375 $4,054 $6,495 $4,400
Downtown Brooklyn, New York, NY $3,584 $4,395 $6,471 $4,550
NoHo, New York, NY $4,500 $5,750 $12,500 $4,595
Greenpoint, New York, NY $3,690 $4,582 $7,125 $4,600
Fort Greene, New York, NY $3,600 $4,588 $6,895 $4,600
Boerum Hill, New York, NY $3,500 $4,300 $5,800 $4,900
Financial District, New York, NY $4,195 $5,495 $7,000 $5,183
Williamsburg, New York, NY $4,071 $5,000 $5,827 $5,190
Brooklyn Heights, New York, NY $4,050 $5,129 $7,357 $5,254
Two Bridges, New York, NY N/A $5,295 $8,750 $5,500
Park Slope, New York, NY $3,900 $4,300 $6,050 $5,500
Carroll Gardens, New York, NY $3,025 $3,950 $6,000 $5,750
Battery Park City, New York, NY $4,035 $5,500 $8,210 $5,750
East Village, New York, NY $3,500 $4,350 $5,995 $5,800
DUMBO, New York, NY $4,000 $5,650 $7,306 $5,995
Lower East Side, New York, NY $4,578 $4,637 $7,695 $6,164
Bowery, New York, NY $3,300 $3,712 $4,725 $6,900
SoHo, New York, NY $4,000 $5,295 $11,750 $7,009
Little Italy, New York, NY $3,998 $3,750 $5,498 $7,495
NoLita, New York, NY $12,050 $4,995 $7,895 $7,895
Tribeca, New York, NY $5,999 $6,750 $8,295 $8,043

Top Counties Near Prospect Heights

There are a total of 42 counties located by Prospect Heights, New York, NY. Some of these counties include Kearny, NJ, Newark, NJ, and Jersey City, NJ. The average rent for rentals in these counties is $3,200. That's roughly around $35 per sqft. A total of 38 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. Its average rent per month is $2,100. Vice versa, with an average rent of $5,975, Greenwich, CT is the most expensive county by Prospect Heights, New York, NY.

Typically, rent for studios in Prospect Heights, New York, NY is 47.01% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Prospect Heights, New York, NY is 44.25% more expensive than other counties nearby. Finally, rent for two bedrooms in Prospect Heights, New York, NY is 44.30% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Kearny, NJ $25 $1,700 $2,275 $2,300
Newark, NJ $2,175 $1,750 $2,125 $2,350
Jersey City, NJ $2,889 $2,350 $2,250 $2,400
Bayonne, NJ N/A $2,497 $3,310 $2,535
Cliffside Park, NJ N/A $2,250 $3,205 $3,200
Palisades Park, NJ $1,700 $2,050 $2,900 $3,300
Queens, New York, NY $3,487 $3,745 $4,288 $3,795
Edgewater, NJ $2,455 $2,700 $4,750 $4,000
Brooklyn, New York, NY $3,550 $4,150 $5,200 $4,260
Manhattan, New York, NY $4,050 $5,250 $7,168 $5,495

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 $5,048. A total of 16 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 $3,300 per month. In comparison, the zipcode with the most expensive average rent of $8,861 per month is 10069, New York, NY.

Studios in these zipcodes have an average rent of $3,692. 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 $4,923 per month. Or in other words, $90 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,704 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 $3,550 $4,000 $5,513 $4,400
11217, New York, NY $3,669 $4,450 $6,350 $4,800
11216, New York, NY $3,250 $3,550 $5,225 $3,600
11205, New York, NY $3,095 $3,640 $5,006 $4,100
11225, New York, NY $2,968 $3,490 $4,675 $3,925
11215, New York, NY $3,480 $4,150 $5,850 $4,800
11213, New York, NY $2,350 $2,938 $3,748 $3,300
11201, New York, NY $3,667 $4,457 $6,495 $4,750
11231, New York, NY $3,300 $3,834 $5,998 $4,495
11206, New York, NY $3,100 $3,599 $4,195 $4,195

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 $4,575. 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 $3,598 and an average price per square feet of $83.66. There are a total of 50 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 $4,395 and an average price per square feet of $77.60. There are a total of 103 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 $5,700 and an average price per square feet of $77.59. There are a total of 98 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 -0.07%, one bedroom rental prices have changed by -0.03%, two bedroom rental prices have changed by -0.05%, three bedroom rental prices have changed by -0.41% 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 $3,660/month. You can search for these reasonably priced rental listings on RentHop.