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from $1,150Studio to 1 Bedroom Apartments Available Now
324,339 and 431 Broadway
324 BroadwayPaterson, NJ 07501
Cheap Apartments for Rent in Prospect Park, NJ from $700 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Prospect Park.
246 20th Ave
PatersonNJ07501
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Showing Results 1-12, 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 | $1,491 | $1,275 | $1,700 |
| Prospect Park 1 Bedroom Apartments | $2,281 | $1,250 | $2,977 |
| Prospect Park 2 Bedroom Apartments | $2,683 | $1,650 | $3,920 |
| Prospect Park 3 Bedroom Apartments | $2,574 | $2,000 | $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 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 |
| Lafayette Park Apartments | Studio | Studio,1BA | $1,700 |
| 35 McKinley | 1 BD | 1BR,1BA | $1,749 |
| Mill Street Square - 3318 | One Bedroom 80% | 1BR,1BA | $1,816 |
Best Value Apartments for Rent in Prospect Park, NJ and Nearby
As of April 12, 2025 the best value apartment in the Prospect Park area is the $1.50 price per square foot 193 Temple St Model at 193 Temple St in the in the Stoney Road neighborhood starting from $2,550. 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 | $1.50 |
| Sunset Ridge at Totowa | Two Bedroom | 2BR,2BA | $1.73 |
| 75 Jersey St, Unit 75 B | 75 Jersey St | 2BR,1BA | $1.79 |
| 494 E 18th St, Unit 2nd Floor | 494 E 18th St | 2BR,1BA | $2.45 |
| The Godwin Lofts | 2 BR LR | 2BR,1BA | $2.09 |
| 18 N 7th St, Unit 1 | 18 N 7th St | 3BR,1.5BA | $2.00 |
| 79 Lafayette St, Unit apt 2 | 79 Lafayette St | 2BR,1BA | $2.33 |
| Haledon Estates Apartments | Low Rise One Bedroom | 1BR,1BA | $2.48 |
| 113 Lyon St, Unit 2L | 113 Lyon St | 2BR,1BA | $2.28 |
| Freedom Village Senior 55+ | 1 Bedroom | 1BR,1BA | $2.08 |
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Walk Score®
75 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
3 / 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
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 $1,150.
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 $2,170 at Mill Street Square - 3318.
What is the most affordable Prospect Park Three Bedroom Apartment?
The best deal on a cheap Prospect Park Three Bedroom Apartment rental is at The Godwin Lofts and starts from $2,200.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.