Apartments for Rent in Prospect Park, NJ

Prices and availability in Prospect Park, NJ were last updated on 23 Oct 2026.

The best apartment in Prospect Park, NJ is: Bleeker Urban Renewal LLC.

The average rent in Prospect Park, NJ is $2,496.

The price range for a 2-bedroom apartment in Prospect Park, NJ is between $2,100 and $2,320.

In Prospect Park, 37% of the residents are renting compared to 63% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 4% of Prospect Park's rentals, 86% are small-scale complexes with under 50 units, and 11% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Prospect Park are about 31 years old, on average. Of these, 51% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Prospect Park come in a range of sizes and floorplans. Studio apartments represent 0% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 69% of the total apartments in the city, while 2-bedroom floorplans represent around 31% of all rentals in Prospect Park. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.