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Rental Market Trends in Prospect Park, PA

What is the average rent in Prospect Park, PA?

$1,107/month

Average Rent

487 Sq Ft

Average Apartment Size

+0.2%

Increase in the Last Year

As of June 2025, the average rent in Prospect Park, PA is $1,107 per month. This is 32% lower than the national average rent of $1,627/month, making renting in Prospect Park more affordable than most cities in the US. When you rent an apartment in Prospect Park, you can expect to pay about $1,012 per month for a studio, $1,107 for a one-bedroom apartment, and around $1,462 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,012/month
423 Sq Ft
One Bedroom
$1,107/month
487 Sq Ft
Two Bedroom
$1,462/month
754 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Prospect Park, PA?

In the past year, rent has increased by 0.2%, which averages out to $3 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Prospect Park, PA
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Prospect Park, PA
Percentage*
Rent Range
0% Below $700/month
15% $700 - $1,000/month
54% $1,001 - $1,500/month
31% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Prospect Park, PA?

Because the average rent in Prospect Park is $1,107, you’ll want to make about $3,690 per month or $44,280 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Prospect Park, PA

28 Available Apartments for Rent

Search for Nearby Apartments

How does Prospect Park, PA compare to other nearby cities and neighborhoods?

Use the tool below to compare Prospect Park, PA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Prospect Park, PA

Apartment Averages

Nearby City Rent Trends

  • Norwood Average Rent
  • Holmes Average Rent
  • Ridley Park Average Rent
  • Glenolden Average Rent
  • Folsom Average Rent
  • Folcroft Average Rent

Apartment communities in Prospect Park we think you'll love

Ridley Mews Apartments

Ridley Mews Apartments

1628 Lincoln Ave,
Prospect Park, PA 19076

1 Bed | $1,295

Prospect Court Apartments

Prospect Court Apartments

937 Chester Pike,
Prospect Park, PA 19076

Studio - 2 Beds | $1,085 - $1,345

Eldorado Court

Eldorado Court

1200 Lincoln Ave,
Prospect Park, PA 19076

2 Beds | $1,618 - $2,098

The Preserve at Darby Creek

The Preserve at Darby Creek

211 Lazaretto Rd,
Prospect Park, PA 19076

2 Beds | $1,700 - $2,510

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United States Pennsylvania Prospect Park Rental Trends

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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity