242 Rosa Parks Blvd
PatersonNJ07501
Cheap Apartments for Rent in Prospect Park, NJ from $700 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect Park.
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$1,450 - $1,950Studio to 2 Bedroom Apartments Available Now
324,339 and 431 Broadway
324 BroadwayPaterson, NJ 07501
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$1,4501 Bedroom Apartments Available Now
67 Jersey St, Unit Apt 3
67 Jersey StPaterson, NJ 07501
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$1,4701 Bedroom Apartments Contact Us For Availability
Freedom Village Senior 55+
69 Straight StPaterson, NJ 07501
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$1,550Studio Apartments Available Now
159-161 12th Ave, Unit 202
159-161 12th AvePaterson, NJ 07501
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$1,550Studio Apartments Available Now
8-10 Godwin Ave, Unit 302
8-10 Godwin AvePaterson, NJ 07501
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$1,600
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,600
Total Monthly Price
$1,600
242 Union Ave, Unit FIRST FLOOR FRONT, Unit FIRST FLOOR FRONT
242 Union AvePaterson, NJ 07502
40 Broadway
PatersonNJ07505
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
100 Rosa Parks Blvd
PatersonNJ07501
59 Cedar St
PatersonNJ07501
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$1,6501 Bedroom Apartments Available Now
173 Sherman Ave, Unit 22
173 Sherman AvePaterson, NJ 07502
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$1,6501 Bedroom Apartments Available Jun 1
49 Haledon Ave, Unit 3
49 Haledon AvePaterson, NJ 07522
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$1,7002 Bedroom Apartments Available Now
83-85 Carroll St, Unit 2
83-85 Carroll StPaterson, NJ 07501
193 Lafayette Ave
HawthorneNJ07506
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Studio to 1 Bedroom Apartments
Building 534
534 BroadwayPaterson, NJ 07514
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Studio to 3 Bedroom Apartments
486-490 Park Ave
486-490 Park AvePaterson, NJ 07504
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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1 to 2 Bedroom Apartments
Redwood Village
311 Redwood AvePaterson, NJ 07522
329 Wagaraw Rd
HawthorneNJ07506
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Studio to 2 Bedroom Apartments
191 Market St
191 Market StPaterson, NJ 07505
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1 Bedroom Apartments
282 Broadway Ave
282 Broadway AvePaterson, NJ 07501
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1 to 3 Bedroom Apartments
Hamilton Square Residential
20 Mill StPaterson, NJ 07501
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1 Bedroom Apartments
Hospital Plaza
200 Hospital PlzPaterson, NJ 07503
38 Mill St
PatersonNJ07501
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Studio to 1 Bedroom Apartments
Colt Arms Apartments
18-56 Godwin StPaterson, NJ 07501
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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1 to 2 Bedroom Apartments
Riverview Towers
125-145 Presidential BlvdPaterson, NJ 07522
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Studio to 3 Bedroom Apartments
44 Beech St
44 Beech StPaterson, NJ 07501
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1 to 4 Bedroom Apartments
216 Straight St
216 Straight StPaterson, NJ 07501
562 Summer St
PatersonNJ07501
76-78-78 Market St, Unit 1, Unit 1
76-78-78 Market St
PatersonNJ07505
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Studio to 2 Bedroom Apartments
Redwood Apartments Newly Constructed!
208 Redwood AvePaterson, NJ 07522
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1 to 2 Bedroom Apartments
Valley View Apartments
149 Katz AvePaterson, NJ 07502
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1 to 3 Bedroom Apartments
Tudor Court
615-921 BroadwayPaterson, NJ 07514
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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2 Bedroom Apartments
457 E 22nd St
457 E 22nd StPaterson, NJ 07514
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1 to 2 Bedroom Apartments
77-91 Park Ave
77-91 Park AvePaterson, NJ 07524
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Studio to 1 Bedroom Apartments
159 12th Ave
159 12th AvePaterson, NJ 07501
95 Norwood St
HaledonNJ07508
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Studio to 2 Bedroom Apartments
Hinchliffe Residences Senior 55
27 Jasper StPaterson, NJ 07522
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1 to 3 Bedroom Apartments
42-52 Essex St
42-52 Essex StPaterson, NJ 07501
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1 to 2 Bedroom Apartments
118 East 24th St Apartments
118 East 24th StPaterson, NJ 07514
58 Westervelt Ave
HawthorneNJ07506
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.
58 Westervelt Ave
HawthorneNJ07506
102 N 3rd St, Unit 2A, Unit 2A
102 N 3rd St
PatersonNJ07522
Showing Results 1-42, Page 1 of 1
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 | $1,749 | $1,450 | $2,599 |
| Prospect Park 1 Bedroom Apartments | $2,063 | $1,450 | $2,790 |
| Prospect Park 2 Bedroom Apartments | $2,565 | $1,700 | $3,520 |
| Prospect Park 3 Bedroom Apartments | $2,418 | $1,250 | $3,000 |
| Prospect Park 4 Bedroom Apartments | $3,023 | $2,470 | $3,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Prospect Park
See all Apartments in Prospect ParkExplore Prospect Park
Prospect Park, NJ Local Guide
- Nearby Cities
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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 $1,450. Valley View Apartments in the Stoney Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,593. 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 | 324 Broadway | Studio,1BA | $1,450 |
| Valley View Apartments | Type A | 1BR,1BA | $1,593 |
| Tudor Court | A1 | 1BR,1BA | $1,595 |
| 35 McKinley | 1 BD | 1BR,1BA | $1,799 |
| Lafayette Park Apartments | 1 BR 1 BA | 1BR,1BA | $1,900 |
| 11 Courtland St | 2 Beds, 1 bath | 2BR,1BA | $1,950 |
Best Value Apartments for Rent in Prospect Park, NJ and Nearby
As of May 21, 2026 the best value apartment in the Prospect Park area is the $1.06 price per square foot 173 Slater St Model at 173 Slater St, Unit 2nd 3rd fl duplex apt in the in the Stoney Road neighborhood starting from $1,980. The second greatest value Prospect Park apartment is the Two Bedroom Model at Sunset Ridge at Totowa starting at $2,850 with a $1.73 price per square foot in the Totowa 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. |
|---|---|---|---|
| 173 Slater St, Unit 2nd 3rd fl duplex apt | 173 Slater St | 3BR,1BA | $1.06 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 24 Don Bosco Ave, Unit #2 | 24 Don Bosco Ave | 2BR,1BA | $1.89 |
| 500 W Broadway, Unit First Floor | 500 W Broadway | 2BR,1BA | $1.44 |
| 44 Jasper St, Unit 1 | 44 Jasper St | 3BR,1BA | $1.96 |
| 207 Kearney St, Unit 1 | 207 Kearney St | 3BR,1BA | $1.91 |
| 680 Belmont Ave, Unit #2 | 680 Belmont Ave | 1BR,1BA | $1.90 |
| 242 Union Ave, Unit FIRST FLOOR FRONT | 242 Union Ave | 1BR,1BA | $1.60 |
| 385 11th Ave | 385 11th Ave | 2BR,1BA | $1.89 |
| Tudor Court | A1 | 1BR,1BA | $1.96 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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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 $1,450.
How much is rent for a Cheap One Bedroom Prospect Park Apartment?
The lowest price for a Cheap One Bedroom Prospect Park Apartment is $1,550 at 324,339 and 431 Broadway.
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 $1,950 at 324,339 and 431 Broadway.
Expert Rental Resources
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.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.