
Cheap Homes for Rent in Prospect Park, NJ from $900 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect Park.


329 Wagaraw Rd

357 Clinton St

260 Grand St

275 Main St
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287 Legion Pl

307 Legion Pl
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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28 Washington Ave

25 Sherman Ave

256 N 4th St

256 N 4th St

329 W Broadway
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19 White St

36 N 8th St

309 E 22nd St
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 | $2,145 | $1,500 | $2,750 |
Prospect Park 3 Bedroom Homes for Rent | $2,917 | $2,000 | $5,900 |
Prospect Park 4 Bedroom Homes for Rent | $2,916 | $2,400 | $4,000 |
Prospect Park 5 Bedroom Homes for Rent | $6,916 | $3,800 | $9,000 |
Browse Top Homes for Rent in Prospect Park
Explore 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 $1,300. 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 | $1,300 |
Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $1,398 |
261 Marshall St | 203/204 | 1BR,1BA | $1,800 |
Mill Street Square - 3318 | One Bedroom 80% | 1BR,1BA | $1,816 |
Best Value Apartments for Rent in Prospect Park, NJ and Nearby
As of August 02, 2025 the best value apartment in the Prospect Park area is the $0.18 price per square foot 318 21st Ave Model at 318 21st Ave, Unit 304 in the in the Stoney Road neighborhood starting from $1,800. 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 | 1BR,1BA | $0.18 |
217 21st Ave, Unit 1 | 217 21st Ave | 2BR,1BA | $0.18 |
249 N 7th St, Unit Pros | 249 N 7th St | 3BR,1BA | $1.21 |
352 Van Houten St, Unit 352 Van Houten St | 352 Van Houten St | 2BR,1BA | $0.90 |
381 Straight St, Unit 1 | 381 Straight St | 3BR,1BA | $1.27 |
Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
75 Jersey St, Unit 75 B | 75 Jersey St | 2BR,1BA | $1.57 |
The Godwin Lofts | 2 BR LR | 2BR,1BA | $2.09 |
217 College Blvd, Unit 2 Bedroom Apartment | 217 College Blvd | 2BR,1BA | $1.45 |
Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $2.08 |
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Frequently Asked Questions about Prospect Park
What type of rentals are currently available in Prospect Park?
There are currently 487 Apartments for Rent in Prospect Park, NJ with pricing that ranges from $1,200 to $3,995. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $950 to $9,000.
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 $9,000 with an average monthly rent of $3,217.
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 $1,850 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $5,900. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,250.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.