Rentometer, Inc. | Data as of 10/22/2025
Prospect Park, New Jersey, offers a balanced rental market that appeals to families and professionals alike. The city’s tree‑lined streets and proximity to the historic downtown area create a welcoming environment, while easy access to major highways and public transit makes commuting to nearby employment hubs straightforward. Residents enjoy a mix of charming single‑family homes, many of which feature spacious three‑bedroom layouts ideal for growing households.
Rental homes in Prospect Park tend to fall in the $2400 range, reflecting the area's blend of suburban comfort and urban convenience. The median rent for a three‑bedroom house hovers around $2400, with an average closer to $2450, positioning the market as competitive yet affordable compared with neighboring municipalities. These properties often include modern amenities such as updated kitchens, private yards, and off‑street parking, catering to renters seeking both space and quality.
Beyond housing, Prospect Park boasts a vibrant community scene anchored by local parks, boutique shops, and cultural attractions like the historic Prospect Park Train Station and the popular Prospect Park Greenway. Families appreciate the well‑rated schools and nearby recreational facilities, while young professionals enjoy the growing selection of cafés and co‑working spaces. This combination of lifestyle benefits and steady rental demand makes Prospect Park a compelling choice for anyone looking to settle in a thriving New Jersey city.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| House | 3 Bedroom | $2,450 | $2,400 | $2,200 - $2,750 | $2,200 - $2,750 |
In the current period, the average rent in Prospect Park was
$2,450 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.