
Cheap Homes for Rent in Prospect Park, NJ from $900 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect Park.


329 Wagaraw Rd

213 Franklin St

46 Jefferson St
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.

193 E 25th St

22 Norwood St

22 2nd Ave

518-520 E 23rd St

255-257 E 16th St
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.
Prospect Park, NJ Local Guide

How much does it cost to rent a home in Prospect Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Park 2 Bedroom Homes for Rent | $2,287 | $1,800 | $2,900 |
| Prospect Park 3 Bedroom Homes for Rent | $2,569 | $2,000 | $4,200 |
| Prospect Park 4 Bedroom Homes for Rent | $3,200 | $2,600 | $4,300 |
| Prospect Park 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
| Prospect Park 6 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Top Homes for Rent in Prospect Park
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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 $1,350. 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 |
| 35 McKinley | 1 BD | 1BR,1BA | $1,799 |
Best Value Apartments for Rent in Prospect Park, NJ and Nearby
As of December 25, 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 |
| Hawthorne Square | Ashton | 2BR,2BA | $2.96 |
| 232 Haledon Ave, Unit 3 | 232 Haledon Ave | 1BR,1BA | $1.45 |
| 34 Mawhinney Ave, Unit 2FL | 34 Mawhinney Ave | 2BR,1BA | $2.30 |
| 261 Marshall St | 306 | 2BR,1BA | $2.41 |
| Haledon Estates Apartments | Garden Two Bedroom w/Den | 2BR,1BA | $2.45 |
| 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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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
See the most popular apartments and homes in Prospect Park, NJ
Frequently Asked Questions about Prospect Park
What type of rentals are currently available in Prospect Park?
There are currently 500 Apartments for Rent in Prospect Park, NJ with pricing that ranges from $1,398 to $3,895. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $950 to $5,000.
What is the current price range for Rental Homes in Prospect Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Park ranges from $950 to $5,000 with an average monthly rent of $3,021.
How much are larger Three and Four Bedroom Rentals in Prospect Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect Park range from $1,875 to $3,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $4,200. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $2,500.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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!
