Monthly Rent Report
Prospect Heights Rent Report — February 2026
Asking rents in ZIP 11238, New York City, from 122 listings.
Median 1BR rent in Prospect Heights was $4,128 in February 2026, down 6.6% (−$294) from January 2026 and up 12.2% year-over-year. The middle half of 1BR listings asked between $3,557 and $4,507. That puts Prospect Heights $1,228 above the New York City citywide 1BR median of $2,900. The month's figures are based on 122 listings across 6 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. January 2026 | Vs. February 2025 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $3,200 | −$36 (-1.1%) | $0 (0.0%) | $2,999 – $3,615 | 28 |
| 1BR | $4,128 | −$294 (-6.6%) | +$448 (+12.2%) | $3,557 – $4,507 | 83 |
| 2BR | $4,300 | −$800 (-15.7%) | −$2,940 (-40.6%) | $4,300 – $4,300 | 1 |
| 3BR | $5,780 | +$1,285 (+28.6%) | +$1,655 (+40.1%) | $4,750 – $6,953 | 6 |
| 4BR | $4,700 | −$1,795 (-27.6%) | −$1,600 (-25.4%) | $4,700 – $4,700 | 1 |
Median, P25, and P75 are asking rents from listings posted in February 2026. Changes compare against the nearest prior month with data.
Prospect Heights vs. New York City — February 2026
| Bedrooms | Prospect Heights Median | NYC Citywide Median | Difference |
|---|---|---|---|
| Studio | $3,200 | $2,700 | +$500 (+18.5%) |
| 1BR | $4,128 | $2,900 | +$1,228 (+42.3%) |
| 2BR | $4,300 | $3,393 | +$908 (+26.8%) |
| 3BR | $5,780 | $3,739 | +$2,042 (+54.6%) |
| 4BR | $4,700 | $4,500 | +$200 (+4.4%) |
Citywide figure is the median of zip-level medians across 166 New York City zip codes with listings in February 2026.