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 $3,570 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $4,375, or roughly $6 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $162 (4.90%) year-over-year from $3,313 to $3,475. 1-bedroom rentals prices have increased by $205 (4.92%) year-over-year from $4,165 to $4,370. 2-bedroom rentals prices have decreased by $9 (-0.14%) year-over-year from $6,004 to $5,995. 3-bedroom rentals prices have decreased by $1,548 (-23.25%) year-over-year from $6,655 to $5,108. 4-bedroom rentals prices have decreased by $4,917 (-29.50%) year-over-year from $16,667 to $11,750. 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 1.18% this month. 1-bedroom rents have gone down by 0.08% this month. 2-bedroom rents have gone down by 2.36% this month. 3-bedroom rents have gone down by 17.63% this month. 4-bedroom rents have gone up by 16.53% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$7.21	$3,475	$3,313 (4.90%)	$3,012 (15.38%)
1 BR	$5.92	$4,370	$4,165 (4.92%)	$3,559 (22.78%)
2 BR	$5.00	$5,995	$6,004 (-0.14%)	$5,394 (11.14%)
3 BR	$4.64	$5,108	$6,655 (-23.25%)	$4,467 (14.35%)

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 19 cities nearby Prospect Heights. The average rent in Prospect Heights is currently $3,300 per month. A total of 16 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near Prospect Heights, New York, NY is Spring Lake, NJ. Monthly rents here are on average $9,500 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 55.18% more expensive than other cities nearby. One bedrooms are about 51.06% more expensive. Two bedrooms in Prospect Heights, New York, NY are about 51.86% more expensive. Finally, rent for three bedrooms are about 37.86% more expensive. Want more information? Check out the top 10 cities out of 19 total cities near Prospect Heights, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Newark, NJ	N/A	$1,300	$2,325	$2,325
West Babylon, NY	N/A	$2,395	$2,893	$2,500
Asbury Park, NJ	$1,650	$2,150	$2,800	$2,700
Yonkers, NY	$2,100	$2,200	$2,800	$2,750
White Plains, NY	$2,275	$2,650	$3,600	$3,300
Long Beach, NY	$1,963	$2,600	$3,300	$3,500
New Rochelle, NY	$2,413	$2,900	$3,500	$3,500
Long Branch, NJ	N/A	$3,000	$3,775	$3,800
Harrison, NY	$2,620	$2,930	$4,108	$4,225
New York, NY	$3,450	$4,200	$5,042	$4,250

Top Neighborhoods Near Prospect Heights

There are a total of 59 neighborhoods in or near Prospect Heights. Some of these neighborhoods include Flatbush, Bedford-Stuyvesant, and East Flatbush. We've included the top 30 neighborhoods out of 59 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 $4,228 per month. A total of 32 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Prospect Heights, East Side has the most affordable average rent at $2,250 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	$2,616	$2,800	$3,099	$3,000
Bedford-Stuyvesant, New York, NY	$2,200	$2,800	$3,200	$3,195
East Flatbush, New York, NY	$2,025	$2,550	$2,750	$3,300
Bushwick, New York, NY	$2,679	$3,000	$3,204	$3,333
Ridgewood, New York, NY	N/A	$3,050	$3,750	$3,500
Crown Heights, New York, NY	$2,740	$3,196	$4,300	$3,598
Bowery, New York, NY	$2,899	$3,499	$4,880	$3,897
Fort Greene, New York, NY	$3,600	$4,150	$4,275	$4,150
NoHo, New York, NY	$4,000	$4,585	$14,750	$4,150
Clinton Hill, New York, NY	$2,850	$3,838	$5,550	$4,160
Park Slope, New York, NY	$3,200	$3,473	$4,550	$4,228
Downtown Brooklyn, New York, NY	$3,428	$4,210	$5,846	$4,275
Financial District, New York, NY	$3,458	$4,500	$6,350	$4,325
NoLita, New York, NY	$9,943	$3,900	$5,495	$4,495
East Village, New York, NY	$2,995	$3,795	$4,495	$4,495
Kips Bay, New York, NY	$3,595	$4,255	$5,470	$4,550
Boerum Hill, New York, NY	$3,600	$3,825	$5,750	$4,625
Brooklyn Heights, New York, NY	$3,300	$4,250	$6,931	$4,735
Williamsburg, New York, NY	$3,850	$4,583	$5,031	$4,750
Greenwich Village, New York, NY	$4,125	$5,525	$7,798	$4,850
Lower East Side, New York, NY	$3,497	$4,325	$4,765	$4,990
Greenpoint, New York, NY	$3,374	$4,250	$5,328	$5,009
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$4,920	$6,054	$5,057
Carroll Gardens, New York, NY	N/A	$3,650	$5,225	$5,153
Little Italy, New York, NY	$3,250	$4,500	$4,625	$5,295
Gramercy Park, New York, NY	$3,711	$5,550	$4,995	$5,495
DUMBO, New York, NY	$3,653	$4,950	$6,879	$5,995
Battery Park City, New York, NY	$4,132	$4,608	$8,540	$5,999
Tribeca, New York, NY	$4,675	$5,921	$8,541	$8,000
SoHo, New York, NY	$3,400	$5,200	$13,750	$9,850

Top Counties Near Prospect Heights

There are a total of 59 counties located by Prospect Heights, New York, NY. Some of these counties include Yonkers, NY, Edison, NJ, and Bronx, New York, NY. The average rent for rentals in these counties is $3,400. That's roughly around $3 per sqft. A total of 29 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,000. Vice versa, with an average rent of $9,500, 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 51.68% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Prospect Heights, New York, NY is 44.38% more expensive than other counties nearby. Finally, rent for two bedrooms in Prospect Heights, New York, NY is 47.58% 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	$2,100	$2,200	$2,800	$2,750
Edison, NJ	N/A	$2,095	$2,550	$2,800
Bronx, New York, NY	$2,150	$2,575	$3,200	$3,000
Queens, New York, NY	$2,850	$2,786	$3,498	$3,283
Hempstead, NY	$2,013	$2,500	$3,010	$3,413
Long Beach, NY	$1,963	$2,600	$3,300	$3,500
New Rochelle, NY	$2,413	$2,900	$3,500	$3,500
Brooklyn, New York, NY	$3,373	$3,689	$4,199	$3,850
Manhattan, New York, NY	$3,495	$4,395	$5,750	$4,495
North Hempstead, NY	$3,575	$2,600	$4,000	$4,538

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 $3,500. 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 $2,850 per month. In comparison, the zipcode with the most expensive average rent of $4,950 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $2,998. 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 $3,480 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,235 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	$3,812	$4,467	$6,429	$4,631
10023, New York, NY	$3,400	$5,070	$8,295	$4,950
11375, New York, NY	$2,645	$2,823	$3,000	$3,000
10128, New York, NY	$3,350	$4,137	$5,200	$4,000
10035, New York, NY	$2,299	$2,713	$3,148	$2,850
10463, New York, NY	$1,995	$2,720	$3,270	$2,995

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 $4,375. 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 $3,570 and an average price per square feet of $7.21. There are a total of 75 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 $4,495 and an average price per square feet of $5.92. There are a total of 142 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 $6,009 and an average price per square feet of $5.00. There are a total of 31 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 0.05%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by -0.23% 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 $3,500/month. You can search for these reasonably priced rental listings on RentHop.