Median Age
40 Years
Largest Age Group
35-44 Years
Approximately 16% of Residents
Under 20
23%
Over 65
17%
Avg Rent
$1,172
Population
6,164
Renter Mix
38% Rent
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.
Median Household Income
$66,830
Average: $91,789
Education
1,530
Residents Have a Degree
Job Market
3,807
Workers Employed
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.
Education Distribution
Review this city's overall education levels.
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.
Explore how walkable, bikeable, drivable, and transit-friendly Prospect Park, PA is for everyday living.
Fairly Walkable
Walkability
Some Public Transit
Transit
Moderately Drivable
Drivability
Somewhat Bikeable
Bikeability
Public
Grades K-8
552 Students
Public
Grades K-5
239 Students
Public
Grades K-8
552 Students
Public
Grades 9-12
1,028 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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© 2026. All rights reserved.
† 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.