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Cheap Homes for Rent in Prospect Park, NJ from $1,600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect Park.
260 Grand St
PatersonNJ07501
268 McBride Ave
PatersonNJ07501
375 Southside Ave
HaledonNJ07508
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.
171 Godwin Ave
PatersonNJ07501
659 Lafayette Ave
HawthorneNJ07506
36 N 8th St
PatersonNJ07522
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
51 Sassafras St
PatersonNJ07524
83 Jersey St
PatersonNJ07501
682-684 E 18th St
PatersonNJ07501
Showing Results 1-10, 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 a home in Prospect Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Park 2 Bedroom Homes for Rent | $2,532 | $1,600 | $3,625 |
| Prospect Park 3 Bedroom Homes for Rent | $2,887 | $2,100 | $4,950 |
| Prospect Park 4 Bedroom Homes for Rent | $4,000 | $2,400 | $4,800 |
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 $1,150. 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 |
Best Value Apartments for Rent in Prospect Park, NJ and Nearby
As of May 31, 2025 the best value apartment in the Prospect Park area is the $1.47 price per square foot 193 Temple St Model at 193 Temple St in the in the Stoney Road neighborhood starting from $2,500. 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 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. |
|---|---|---|---|
| 193 Temple St | 193 Temple St | 3BR,1BA | $1.47 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 75 Jersey St, Unit 75 B | 75 Jersey St | 2BR,1BA | $1.79 |
| The Godwin Lofts | 2 BR LR | 2BR,1BA | $2.09 |
| 494 E 18th St, Unit 2nd Floor | 494 E 18th St | 2BR,1BA | $2.18 |
| 133 Godwin Ave, Unit 1 | 133 Godwin Ave | 3BR,1BA | $2.15 |
| 18 N 7th St, Unit 1 | 18 N 7th St | 3BR,1BA | $2.00 |
| 261 Marshall St | 205/206 | 2BR,1BA | $2.31 |
| 326 Grand St, Unit 1R | 326 Grand St | 2BR,1BA | $2.19 |
| 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 481 Apartments for Rent in Prospect Park, NJ with pricing that ranges from $1,275 to $3,920. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $1,600 to $4,950.
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 $1,600 to $4,950 with an average monthly rent of $2,873.
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 $2,000 to $3,200, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $4,950. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,500.
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 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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.