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 $3,585 for a studio rental to $5,995 for a 4-bedroom rental. The median price of all currently available listings is $4,350, or roughly $6 per square feet.

For the apartment units and housing in January 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $57 (1.68%) year-over-year from $3,393 to $3,450. 1-bedroom rentals prices have decreased by $159 (-3.71%) year-over-year from $4,298 to $4,139. 2-bedroom rentals prices have decreased by $728 (-12.20%) year-over-year from $5,965 to $5,238. 3-bedroom rentals prices have decreased by $641 (-9.77%) year-over-year from $6,553 to $5,912. 4-bedroom rentals prices have decreased by $7,586 (-55.85%) year-over-year from $13,583 to $5,998. 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 0.48% this month. 1-bedroom rents have gone down by 0.14% this month. 2-bedroom rents have gone down by 8.94% this month. 3-bedroom rents have gone up by 9.98% this month. 4-bedroom rents have gone down by 39.00% this month.

Beds	Price / Sqft	Jan 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$6.99	$3,450	$3,393 (1.68%)	$3,178 (8.55%)
1 BR	$6.36	$4,139	$4,298 (-3.71%)	$3,842 (7.74%)
2 BR	$5.78	$5,238	$5,965 (-12.20%)	$5,573 (-6.01%)
3 BR	$4.43	$5,912	$6,553 (-9.77%)	$6,108 (-3.21%)
4+ BR	N/A	$5,998	$13,583 (-55.85%)	$5,863 (2.30%)

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 17 cities nearby Prospect Heights. The average rent in Prospect Heights is currently $3,600 per month. A total of 13 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,073, is the most affordable city nearby. In contrast, the most expensive city near Prospect Heights, New York, NY is Ocean Beach, NY. 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 58.30% more expensive than other cities nearby. One bedrooms are about 38.86% more expensive. Two bedrooms in Prospect Heights, New York, NY are about 32.70% more expensive. Finally, rent for three bedrooms are about 22.58% more expensive. Want more information? Check out the top 10 cities out of 17 total cities near Prospect Heights, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Yonkers, NY	$1,850	$2,200	$2,600	$2,600
Asbury Park, NJ	$1,888	$2,250	$2,800	$2,975
White Plains, NY	$2,100	$2,690	$3,550	$3,495
Glen Cove, NY	$2,550	$3,200	$3,600	$3,500
Ocean Grove, NJ	$1,495	$3,000	$2,750	$3,500
Long Beach, NY	$1,963	$2,700	$3,500	$3,600
Oakhurst, NJ	N/A	N/A	N/A	$3,800
Long Branch, NJ	N/A	$3,000	$3,600	$3,999
New York, NY	$3,438	$4,217	$5,300	$4,263
Harrison, NY	$2,745	$3,090	$4,203	$4,469

Top Neighborhoods Near Prospect Heights

There are a total of 58 neighborhoods in or near Prospect Heights. Some of these neighborhoods include Flatbush, East Flatbush, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 58 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 $4,327 per month. A total of 31 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Prospect Heights, Brooklawn - St. Vincent has the most affordable average rent at $1,800 per month. Whereas, at $9,850 average rent per month, SoHo is the most expensive neighborhood in or near Prospect Heights. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Flatbush, New York, NY	$2,634	$2,750	$3,200	$3,000
East Flatbush, New York, NY	$2,075	$2,575	$2,800	$3,108
Bedford-Stuyvesant, New York, NY	$2,500	$2,995	$3,050	$3,150
Ocean Hill, New York, NY	$2,058	$2,720	$3,012	$3,200
Ridgewood, New York, NY	N/A	$2,736	$3,200	$3,350
Crown Heights, New York, NY	$2,900	$2,995	$3,850	$3,350
Bushwick, New York, NY	$2,795	$3,200	$3,450	$3,447
Boerum Hill, New York, NY	$3,400	$3,825	$6,138	$3,950
Fort Greene, New York, NY	$3,595	$4,212	$4,150	$4,150
Financial District, New York, NY	$3,525	$4,585	$6,400	$4,155
Clinton Hill, New York, NY	$3,226	$3,995	$5,059	$4,285
Downtown Brooklyn, New York, NY	$3,413	$4,260	$5,716	$4,307
Bowery, New York, NY	$2,800	$3,450	$4,995	$4,348
Park Slope, New York, NY	$2,950	$3,800	$4,500	$4,400
Kips Bay, New York, NY	$3,535	$3,895	$5,340	$4,488
East Village, New York, NY	$2,800	$3,695	$4,495	$4,495
Lower East Side, New York, NY	$3,413	$4,950	$4,595	$4,679
NoLita, New York, NY	N/A	$4,595	$5,495	$4,695
Greenpoint, New York, NY	$3,650	$4,446	$5,963	$4,848
Williamsburg, New York, NY	$3,722	$4,625	$5,369	$4,865
Little Italy, New York, NY	$3,250	$4,250	$5,495	$5,000
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$5,002	$5,235	$5,060
Carroll Gardens, New York, NY	$2,825	$3,650	$5,500	$5,500
Gramercy Park, New York, NY	$3,750	$5,515	$5,595	$5,515
DUMBO, New York, NY	$3,422	$5,069	$7,619	$5,613
Greenwich Village, New York, NY	$4,000	$5,700	$6,850	$5,700
Brooklyn Heights, New York, NY	$3,400	$4,255	$8,649	$5,855
Battery Park City, New York, NY	$5,100	$4,914	$7,995	$6,100
Tribeca, New York, NY	$4,510	$6,879	$8,850	$7,149
SoHo, New York, NY	$3,400	$5,000	$12,995	$9,850

Top Counties Near Prospect Heights

There are a total of 58 counties located by Prospect Heights, New York, NY. Some of these counties include Yonkers, NY, Woodbridge, NJ, and Bronx, New York, NY. The average rent for rentals in these counties is $3,550. That's roughly around $3 per sqft. A total of 25 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,073. Vice versa, with an average rent of $8,500, Spring Lake, NJ is the most expensive county by Prospect Heights, New York, NY.

Typically, rent for studios in Prospect Heights, New York, NY is 47.35% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Prospect Heights, New York, NY is 40.91% more expensive than other counties nearby. Finally, rent for two bedrooms in Prospect Heights, New York, NY is 35.55% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Yonkers, NY	$1,850	$2,200	$2,600	$2,600
Woodbridge, NJ	N/A	$1,950	$2,500	$2,775
Bronx, New York, NY	$2,200	$2,575	$3,026	$3,000
Queens, New York, NY	$2,895	$2,900	$3,500	$3,266
Glen Cove, NY	$2,550	$3,200	$3,600	$3,500
Hempstead, NY	$2,000	$2,600	$3,200	$3,595
Long Beach, NY	$1,963	$2,700	$3,500	$3,600
Brooklyn, New York, NY	$3,405	$3,599	$4,197	$3,800
Manhattan, New York, NY	$3,495	$4,495	$5,995	$4,500
North Hempstead, NY	N/A	$2,795	$4,100	$4,625

Top Zipcodes Near Prospect Heights

There are a total of 6 zipcodes in or near Prospect Heights, New York, NY. The average rent for all of these zipcodes is $3,648. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10035, New York, NY at $2,995 per month. In comparison, the zipcode with the most expensive average rent of $4,902 per month is 10280, New York, NY.

Studios in these zipcodes have an average rent of $2,810. That's at least $6 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 $3,725 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,554 per month. Which comes out to $5 per sqft. The following chart includes the top 6 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
10280, New York, NY	$3,600	$4,459	$6,462	$4,902
10023, New York, NY	$2,900	$4,950	$7,863	$4,775
11375, New York, NY	$2,720	$3,250	$3,648	$3,300
10128, New York, NY	$3,350	$4,200	$5,460	$3,995
10035, New York, NY	$2,299	$2,822	$3,048	$2,995
10463, New York, NY	$2,600	$2,680	$3,295	$3,045

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 $3,585 and an average price per square feet of $6.99. There are a total of 60 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 $4,400 and an average price per square feet of $6.36. There are a total of 143 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 $5,275 and an average price per square feet of $5.78. There are a total of 59 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 -0.04%, two bedroom rental prices have changed by -0.12%, and 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 $3,480/month. You can search for these reasonably priced rental listings on RentHop.