Monthly Rent Report
Prospect Heights Rent Report — August 2025
Asking rents in ZIP 11238, New York City, from 701 listings.
Median 1BR rent in Prospect Heights was $3,950 in August 2025, up 11.7% (+$413) from July 2025 and up 58.0% year-over-year. The middle half of 1BR listings asked between $3,950 and $3,950. That puts Prospect Heights $1,250 above the New York City citywide 1BR median of $2,700. The month's figures are based on 701 listings across 16 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. July 2025 | Vs. August 2024 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $5,215 | +$2,215 (+73.8%) | +$2,391 (+84.7%) | $4,258 – $6,173 | 2 |
| Studio | $3,439 | +$439 (+14.6%) | +$615 (+21.8%) | $3,205 – $3,750 | 107 |
| Studio | $3,424 | +$424 (+14.1%) | +$600 (+21.2%) | $3,200 – $3,760 | 96 |
| 1BR | $3,950 | +$413 (+11.7%) | +$1,450 (+58.0%) | $3,950 – $3,950 | 1 |
| 1BR | $4,090 | +$553 (+15.6%) | +$1,590 (+63.6%) | $4,090 – $4,090 | 1 |
| 1BR | $4,200 | +$662 (+18.7%) | +$1,700 (+68.0%) | $3,613 – $4,546 | 242 |
| 2BR | $5,350 | +$1,475 (+38.1%) | +$1,750 (+48.6%) | $4,263 – $6,225 | 169 |
| 2BR | $5,575 | +$1,700 (+43.9%) | +$1,975 (+54.9%) | $5,473 – $5,678 | 2 |
| 2BR | $4,150 | +$275 (+7.1%) | +$550 (+15.3%) | $4,150 – $4,150 | 1 |
| 3BR | $5,500 | −$1,500 (-21.4%) | +$601 (+12.3%) | $4,995 – $7,950 | 55 |
| 3BR | $3,899 | −$3,101 (-44.3%) | −$1,000 (-20.4%) | $3,899 – $3,899 | 1 |
| 3BR | $6,585 | −$415 (-5.9%) | +$1,686 (+34.4%) | $6,578 – $6,593 | 2 |
| 4BR | $5,700 | −$50 (-0.9%) | −$10,300 (-64.4%) | $5,700 – $5,700 | 1 |
| 4BR | $5,500 | −$250 (-4.3%) | −$10,500 (-65.6%) | $5,200 – $6,677 | 19 |
Median, P25, and P75 are asking rents from listings posted in August 2025. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — August 2025
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $5,215 | $2,800 | +$2,415 (+86.3%) |
| Studio | $3,439 | $2,800 | +$639 (+22.8%) |
| Studio | $3,424 | $2,800 | +$624 (+22.3%) |
| 1BR | $3,950 | $2,700 | +$1,250 (+46.3%) |
| 1BR | $4,090 | $2,700 | +$1,390 (+51.5%) |
| 1BR | $4,200 | $2,700 | +$1,500 (+55.5%) |
| 2BR | $5,350 | $3,200 | +$2,150 (+67.2%) |
| 2BR | $5,575 | $3,200 | +$2,375 (+74.2%) |
| 2BR | $4,150 | $3,200 | +$950 (+29.7%) |
| 3BR | $5,500 | $3,763 | +$1,738 (+46.2%) |
| 3BR | $3,899 | $3,763 | +$137 (+3.6%) |
| 3BR | $6,585 | $3,763 | +$2,823 (+75.0%) |
| 4BR | $5,700 | $4,600 | +$1,100 (+23.9%) |
| 4BR | $5,500 | $4,600 | +$900 (+19.6%) |
Citywide figure is the median of zip-level medians across 175 New York City zip codes with listings in August 2025.