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Prospect Park, NJ Condos for Rent

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  • /11

    $2,200 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    20 Halsey Ave Unit 6, Haledon, NJ 07508

    Excellent location! This charming garden apartment sits on a quiet street and offers the perfect blend of comfort and convenience. The spacious 2nd floor 2-bedroom unit features a generously sized living room with beautiful hardwood floors throughout. Enjoy the ease of in-building laundry facilities, a private storage area, and off-street parking along with a 1-car garage. Tenant supplies own

    SUMMER FAILLA CENTURY 21 THE CROSSING

    20 Halsey Ave Unit 6, Haledon, NJ 07508
  • /23

    $3,000

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    36 W Prospect St Unit 1, Hawthorne, NJ 07506

    36 W Prospect St Unit 1, Hawthorne, NJ 07506

Frequently Asked Questions

How much does it cost to rent a condo in Prospect Park, NJ?
The median rent for a condo in Prospect Park, NJ is $3,600 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Prospect Park, NJ?
To comfortably afford the median rent in Prospect Park, NJ, a household needs to earn roughly $100,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,500 per month in Prospect Park, NJ, renters typically need to show $7,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Prospect Park, NJ?
In Prospect Park, NJ, the price-to-rent ratio is 17.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Prospect Park, NJ are best for renting a condo?
The best neighborhood for renting in Prospect Park, NJ depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Riverside, Eastside, Montclair Heights and South Paterson, each with its own character and price range.

Rental Home Trends in Prospect Park, NJ

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$3,600
How to Rent a Home