
Cheap Apartments for Rent in Prospect Park, NJ from $700 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect Park.


324,339 and 431 Broadway

Freedom Village Senior 55+
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Prospect Park, NJ Local Guide

How much does it cost to rent an apartment in Prospect Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Prospect Park Studio Apartments | $1,549 | $1,450 | $1,649 |
| Cheap Prospect Park 1 Bedroom Apartments | $2,004 | $1,398 | $2,757 |
| Cheap Prospect Park 2 Bedroom Apartments | $2,625 | $1,650 | $3,895 |
| Cheap Prospect Park 3 Bedroom Apartments | $2,421 | $1,900 | $3,300 |
| Cheap Prospect Park 4 Bedroom Apartments | $2,750 | $2,500 | $3,000 |
Browse Top Apartments in Prospect Park
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Prospect Park, NJ Local Guide
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Cheapest Available Prospect Park Apartments for Rent
 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 $1,350. 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 | 324 Broadway | Studio,1BA | $1,350 |
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $1,398 |
| Lafayette Park Apartments | Studio | Studio,1BA | $1,649 |
| 35 McKinley | 1 BD | 1BR,1BA | $1,799 |
| Mill Street Square | One Bedroom (Income Minium and Maximum Apply) | 1BR,1BA | $1,816 |
Best Value Apartments for Rent in Prospect Park, NJ
As of December 17, 2025 the best value apartment in the Prospect Park area is the $1.07 price per square foot 20 Amity St Model at 20 Amity St, Unit 1A in the in the Wrigley Park neighborhood starting from $1,800. 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. |
|---|---|---|---|
| 20 Amity St, Unit 1A | 20 Amity St | 1BR,1BA | $1.07 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 59 Lincoln Ave, Unit 201 | 59 Lincoln Ave | 2BR,1BA | $2.04 |
| 17 E 15th St, Unit 2 | 17 E 15th St | 3BR,1.5BA | $1.68 |
| 156 Butler St, Unit 1 | 156 Butler St | 3BR,1BA | $2.09 |
| 342 Morrissee Ave, Unit 1 | 342 Morrissee Ave | 2BR,1BA | $2.18 |
| 232 Haledon Ave, Unit 3 | 232 Haledon Ave | 1BR,1BA | $1.45 |
| 342 Morrissee Ave, Unit 1 | 342 Morrissee Ave | 2BR,1BA | $2.40 |
| 261 Marshall St | 205/206 | 2BR,1BA | $2.41 |
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $2.08 |
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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Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Prospect Park, NJ Rentals by Map
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Getting Around Prospect Park, NJ
Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
40 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
4 / 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
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 $1,700 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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.













