Monthly Rent Report
Prospect Heights Rent Report — March 2025
Asking rents in ZIP 11238, New York City, from 477 listings.
Median 1BR rent in Prospect Heights was $3,995 in March 2025, up 8.6% (+$315) from February 2025 and down 22.4% year-over-year. The middle half of 1BR listings asked between $3,500 and $4,250. That puts Prospect Heights $1,495 above the New York City citywide 1BR median of $2,500. The month's figures are based on 477 listings across 15 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. February 2025 | Vs. March 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,340 | +$140 (+4.4%) | −$459 (-12.1%) | $2,900 – $3,638 | 70 |
| Studio | $3,940 | +$740 (+23.1%) | +$141 (+3.7%) | $3,940 – $3,940 | 1 |
| Studio | $3,345 | +$145 (+4.5%) | −$454 (-12.0%) | $2,822 – $3,642 | 52 |
| 1BR | $3,995 | +$315 (+8.6%) | −$1,154 (-22.4%) | $3,500 – $4,250 | 143 |
| 1BR | $3,450 | −$230 (-6.3%) | −$1,699 (-33.0%) | $3,450 – $3,450 | 1 |
| 2BR | $5,000 | −$2,240 (-30.9%) | −$1,599 (-24.2%) | $4,000 – $5,795 | 144 |
| 2BR | $3,695 | −$3,545 (-49.0%) | −$2,904 (-44.0%) | $3,695 – $3,695 | 2 |
| 2BR | $6,060 | −$1,180 (-16.3%) | −$539 (-8.2%) | $6,060 – $6,060 | 1 |
| 3BR | $5,248 | +$923 (+21.3%) | +$848 (+19.3%) | $3,925 – $7,044 | 36 |
| 3BR | $3,600 | −$724 (-16.8%) | −$800 (-18.2%) | $3,600 – $3,600 | 1 |
| 3BR | $8,350 | +$4,026 (+93.1%) | +$3,950 (+89.8%) | $8,350 – $8,350 | 1 |
| 4BR | $5,995 | −$305 (-4.8%) | +$295 (+5.2%) | $5,900 – $6,395 | 9 |
| 4BR | $5,995 | −$305 (-4.8%) | +$295 (+5.2%) | $5,924 – $6,395 | 14 |
Median, P25, and P75 are asking rents from listings posted in March 2025. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — March 2025
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,340 | $2,514 | +$827 (+32.9%) |
| Studio | $3,940 | $2,514 | +$1,427 (+56.8%) |
| Studio | $3,345 | $2,514 | +$832 (+33.1%) |
| 1BR | $3,995 | $2,500 | +$1,495 (+59.8%) |
| 1BR | $3,450 | $2,500 | +$950 (+38.0%) |
| 2BR | $5,000 | $2,938 | +$2,063 (+70.2%) |
| 2BR | $3,695 | $2,938 | +$758 (+25.8%) |
| 2BR | $6,060 | $2,938 | +$3,123 (+106.3%) |
| 3BR | $5,248 | $3,600 | +$1,648 (+45.8%) |
| 3BR | $3,600 | $3,600 | $0 (0.0%) |
| 3BR | $8,350 | $3,600 | +$4,750 (+131.9%) |
| 4BR | $5,995 | $4,400 | +$1,595 (+36.3%) |
| 4BR | $5,995 | $4,400 | +$1,595 (+36.3%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in March 2025.