67 Jersey St
PatersonNJ07501
Cheap Homes for Rent in Prospect Park, NJ from $1,400 (5 Rentals)
Cheap Homes in Prospect Park.
67 Jersey St
PatersonNJ07501
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
36 N 8th St
PatersonNJ07522
122 Buffalo Ave
PatersonNJ07503
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
113 Butler St
PatersonNJ07524
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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 | $2,350 | $2,000 | $2,650 |
| Prospect Park 3 Bedroom Homes for Rent | $2,655 | $2,250 | $4,000 |
| Prospect Park 4 Bedroom Homes for Rent | $3,325 | $2,950 | $3,700 |
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 |
| Valley View Apartments | Type A | 1BR,1BA | $1,564 |
Best Value Apartments for Rent in Prospect Park, NJ and Nearby
As of May 03, 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 | $2.18 |
| The Godwin Lofts | 2 BR LR | 2BR,1BA | $2.09 |
| 79 Lafayette St, Unit apt 2 | 79 Lafayette St | 2BR,1BA | $2.33 |
| 113 Lyon St, Unit 2L | 113 Lyon St | 2BR,1BA | $2.28 |
| 42-52 Essex St | Two Bedroom | 2BR,1BA | $2.50 |
| Valley View Apartments | Type A | 1BR,1BA | $2.28 |
| 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 486 Apartments for Rent in Prospect Park, NJ with pricing that ranges from $950 to $3,920. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $1,450 to $4,000.
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 $1,450 to $4,000 with an average monthly rent of $2,579.
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 $2,200 to $2,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $2,800.
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.
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.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
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.