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from $1,150Studio to 1 Bedroom Apartments Available Now
324,339 and 431 Broadway
324 BroadwayPaterson, NJ 07501
Cheap Apartments for Rent in Prospect Park, NJ from $700 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect Park.
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from $1,3981 Bedroom Apartments Available Now
Freedom Village Senior 55+
69 Straight StPaterson, NJ 07501
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Prospect Park, NJ Local Guide
Salt Water Taffy by slgckgc is licensed under CC BY 2.0
How much does it cost to rent an apartment in Prospect Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Park Studio Apartments | $1,669 | $1,275 | $2,395 |
| Prospect Park 1 Bedroom Apartments | $2,140 | $1,398 | $2,943 |
| Prospect Park 2 Bedroom Apartments | $2,678 | $1,250 | $3,920 |
| Prospect Park 3 Bedroom Apartments | $2,487 | $2,200 | $3,000 |
| Prospect Park 4 Bedroom Apartments | $2,571 | $2,300 | $2,850 |
Browse Top Apartments in Prospect Park
See all Apartments in Prospect ParkExplore Prospect Park
Prospect Park, NJ Local Guide
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Cheapest Available Prospect Park Apartments for Rent and Nearby
The cheapest available apartment rental in Prospect Park, NJ is a Studio unit found at 324,339 and 431 Broadway in the Stoney Road neighborhood priced from $1,150. Freedom Village Senior 55+ in the Stoney Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,398. Here is today’s list of the most affordable Prospect Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 324,339 and 431 Broadway | 339 Broadway | Studio,1BA | $1,150 |
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $1,398 |
| 42-52 Essex St | One Bedroom | 1BR,1BA | $1,650 |
| Valley View Apartments | Type B | 1BR,1BA | $1,657 |
| 261 Marshall St | 203/204 | 1BR,1BA | $1,800 |
Best Value Apartments for Rent in Prospect Park, NJ and Nearby
As of June 22, 2025 the best value apartment in the Prospect Park area is the $0.23 price per square foot 318 21st Ave Model at 318 21st Ave, Unit 304 in the in the Stoney Road neighborhood starting from $2,300. The second greatest value Prospect Park apartment is the 217 21st Ave Model at 217 21st Ave, Unit 1 starting at $1,800 with a $0.18 price per square foot in the Stoney Road neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 318 21st Ave, Unit 304 | 318 21st Ave | 2BR,1BA | $0.23 |
| 217 21st Ave, Unit 1 | 217 21st Ave | 2BR,1BA | $0.18 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 494 E 18th St, Unit 2nd Floor | 494 E 18th St | 2BR,1BA | $2.18 |
| The Godwin Lofts | 2 BR LR | 2BR,1BA | $2.09 |
| 18 N 7th St, Unit 1 | 18 N 7th St | 3BR,1BA | $2.35 |
| 333 E 22nd St, Unit 3 | 333 E 22nd St | 3BR,1BA | $2.40 |
| 680 Belmont Ave, Unit #2 | 680 Belmont Ave | 1BR,1BA | $2.00 |
| Valley View Apartments | Type B | 1BR,1BA | $2.12 |
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $2.08 |
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Prospect Park, NJ Apartments MapProspect Park, NJ Rental Homes MapGetting Around Prospect Park, NJ
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
3 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Prospect Park Apartments
What is the Cheapest Studio apartment in Prospect Park?
Currently the most affordable Cheap Studio Apartment in Prospect Park is at 324,339 and 431 Broadway listed at $1,150.
How much is rent for a Cheap One Bedroom Prospect Park Apartment?
The lowest price for a Cheap One Bedroom Prospect Park Apartment is $1,398 at Freedom Village Senior 55+.
What is the lowest price for a Cheap Two Bedroom Prospect Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Prospect Park is starting from $1,850 at 42-52 Essex St.
What is the most affordable Prospect Park Three Bedroom Apartment?
The best deal on a cheap Prospect Park Three Bedroom Apartment rental is at The Godwin Lofts and starts from $2,200.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.