Last updated on November 13, 2026

Average rent in
Prospect Park, New York, NY

Median rent

Median rent in Prospect Park

$3,450/mo

The average rent in Prospect Park is $3,450 per month as of November 2026. This is 82% above the national average rent, or $1,550 more per month.

$5.05

average price per square foot

Total rentals

Available rentals in Prospect Park

25

for rent on Zumper.com as of November 2026

Rent price distribution

Share of Prospect Park rentals at each price point

50%38%25%13%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Prospect Park, New York, NY

Average rent prices in Prospect Park have decreased by 9% over the last month.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Prospect Park, New York, NY

Rent prices in Prospect Park vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Prospect Park is $3,595, whereas a house costs $5,250. 1-bedroom apartments in Prospect Park run $3,242 on average, while 2-bedroom apartments are $4,250.

Listings

Studio

$3,250

-

51%

1 bedroom

$3,450

4%

-

2 bedroom

$4,495

3%

-

3 bedroom

$5,499

-

-

4 bedroom

$8,280

-

-

Studio

Average rent

$3,250

Last year

51%

1 bedroom

Average rent

$3,450

Last 30 days

4%

2 bedroom

Average rent

$4,495

Last 30 days

3%

3 bedroom

Average rent

$5,499

4 bedroom

Average rent

$8,280

Boerum Hill

Average rent

$5,367

Borough Park

Average rent

$3,600

Carroll Gardens

Average rent

$5,000

Greenwood Heights

Average rent

$3,420

Kensington

Average rent

$2,800

Prospect Lefferts Gardens

Average rent

$3,250

Apartments

Average rent

$3,595

Last 30 days

9%

Last year

8%

Condos

Average rent

$3,680

Last year

31%

Houses

Average rent

$5,250

Last year

88%

Rooms

Average rent

$1,430

The table above reflects average rent prices in Prospect Park, New York, NY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Prospect Park, New York, NY compare to other neighborhoods?

Compare median rent prices in Prospect Park and Boerum Hill by all bedroom counts and property types.

Prospect Park

Median rent price$3,450
increased by82%

higher than the national median

Median rent price$5,367
increased by183%

higher than the national median

Takeaway

The median rent for all rentals in Prospect Park, New York, NY is 36% lower than the median rent in Boerum Hill, New York, NY.

Stay up to date with rental market insights

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Frequently asked questions for Prospect Park, New York, NY

Quick answers to common questions about the Prospect Park rental market.

How much is rent in Prospect Park?

The average rent in Prospect Park is $3,450 per month as of November 7, 2026.

Is rent up or down in Prospect Park?

Average rent prices in Prospect Park have decreased by 9% over the last month.

How does Prospect Park rent compare to the national average?

Rent in Prospect Park is 82% above the national average, which means renters are paying approximately $1,550 more per month.

What salary do I need to afford rent in Prospect Park?

To comfortably afford rent in Prospect Park, you'd need to earn approximately $138,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).