Prospect Park

Background Image

Prospect Park, PA Area Guide

Avg Rent

$1,172

Population

6,164

Renter Mix

38% Rent

A little slice of suburbia in southwest Philly

Suburb Commuter Airport Public Transportation SEPTA

Prospect Park is a small suburban borough located about twelve miles southwest of downtown Philadelphia. Catering to a variety of commuters, the local rental market includes everything from large single-family homes to unpretentious efficiency apartments. While mostly a residential community, Prospect Park features a small commercial district along Lincoln Avenue, home to longtime favorites like Traub’s Bakery and New London Pizza, as well as numerous other locally-owned restaurants and bars scattered around the borough.

Multiple SEPTA rail stops in town and nearby make it easy to reach Philadelphia without having to drive, and the close proximity to Philadelphia International Airport makes it a great location for folks who travel often.

Demographics

Median Household Income

$66,830

Average: $91,789

Education

1,530

Residents Have a Degree

Job Market

3,807

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

40 Years

Largest Age Group

35-44 Years

Approximately 16% of Residents

Under 20

23%

Over 65

17%

Housing Distribution

Prospect Park has more homeowners than renters.

Renters
38%
Non-Renters
62%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
19%
Other Education
81%

Rent Trends

As of May 2026, the average apartment rent in Prospect Park, PA is $1,086 for a studio, $1,172 for one bedroom, and $1,540 for two bedrooms. Apartment rent in Prospect Park has increased by 1.7% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,172/month
558 Sq Ft
See Rental Market Trends in Prospect Park, PA

Getting Around

Fairly Walkable

Walkability

50 / 100

Some Public Transit

Transit

50 / 100

Moderately Drivable

Drivability

70 / 100

Somewhat Bikeable

Bikeability

30 / 100

Schools

Prospect Park School

Public

Grades K-8

552 Students

Kindergarten Academy

Public

Grades K-5

239 Students

Prospect Park School

Public

Grades K-8

552 Students

Interboro Senior High School

Public

Grades 9-12

1,028 Students

Points of Interest

Parks and Recreation

  • John Heinz National Wildlife Refuge
  • Scott Arboretum
  • Upland Park
  • Delaware County Institute of Science
  • Cobbs Creek Environmental Education Center

Airports

  • Philadelphia International

Top Apartments in Prospect Park

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.