Rental prices in Prospect Park, Delaware County, PA have decreased by 4.94% over the past year. The average rent moved from $1,735 to $1,649.
Compared to the national average rent of $1,741, the average rent in Prospect Park, Delaware County, PA is $1,649.
The average monthly rent of apartments in Prospect Park, Delaware County, PA is $1,649.
Around 74% of Prospect Park’s apartments are in the $1,501-$2,000 price range. 25% of apartments are priced between $1,001-$1,500.
The largest share of rentals in Prospect Park, Delaware County, PA (74%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in Prospect Park, Delaware County, PA is $1,512.
In Prospect Park, 42% of the residents are renting compared to 58% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Prospect Park's rentals, 92% are small-scale complexes with under 50 units, and 8% are single-family rentals.
The average age of rental buildings in Prospect Park is 48 years old, with none being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
Studio apartments in Prospect Park are around 1% of rentals, while 1-bedroom floor plans represent 24% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 75% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Located on the southeastern tip of Pennsylvania is Prospect Park, a peacefully quaint borough with a rich colonial history that’s reflected in much of the architecture. Though a quiet suburban atmosphere and patches of woods give this area a more secluded feel, Prospect Park is actually not very far from Philadelphia. With its own private police force and volunteer firefighting squads, Prospect Park is a spectacular setting for families to raise their children while commuting to work in the nearby city.
A close proximity to I-95, Route 420, and Route 13 makes Prospect Park, PA a commuter’s paradise. Prospect Park, PA is 16 miles southwest of Philadelphia (and 8 miles from Philadelphia International Airport). At the same time, Prospect Park, Pennsylvania is 112 miles southwest of Manhattan and 111 miles southwest of the Brooklyn Bridge, so visiting New York City is always a possibility. Although it is close to many large cities, Prospect Park, PA itself is quite small. Prospect Park, Pennsylvania is about 140 smaller than nearby Philadelphia, and roughly 20 times smaller than Allentown.
Like most of southeastern Pennsylvania, the Prospect Park weather is warmer than the rest of the state; however, although sunny days are common, it also rains more than in most of the United States. Spring weather averages 53°F and is mostly sunny with occasional showers. Summers average 76°F and can become very warm and humid. Autumn weather is moderate, averaging 59°F. Winters are frigid and can be very snowy with an average of 36°F.
If you are looking to rent in Prospect Park, PA, know that the real estate market moves quickly, and listings don’t stay up for long. If you are moving to Prospect Park, PA from Philadelphia, you should invest in a car. While the public transportation in Prospect Park is good, it does not run constantly like it does in the city, and you’ll also most likely want to drive to other nearby areas.
If you are moving to Camden, NJ from NYC, or if you are moving to Camden, NJ from Philadelphia, then you can expect to enjoy faster work commutes, but you should also be prepared to pay higher taxes. Also, you’ll quickly find that while Camden may not have all of the entertainment options that you’re used to, there’s still plenty of fun to be found!
Prospect Park, PA has terrific educational opportunities as well as a thriving artistic community. If you are raising a family or have any interest in national history, then Prospect Park has a lot of potential. However, Prospect Park’s closeness to Philadelphia leaves some risk of urban sprawl, and there’s not a lot of job opportunities for non-commuters, which could be two reasons not to live in Prospect Park, PA.
Most of the fun things to do in Prospect Park are centered around kids. Family-friendly things to do in Prospect Park with kids include splashing the day away at the Prospect Park Swim Club, or, for free things to do in Prospect Park, checking out the Prospect Park library for books and free seminars. Also, every fourth of July the entire town gets together to enjoy the annual Prospect Park fireworks.
There may not be a lot of shopping in Prospect Park, but the surrounding cities are fashion capitals, and there are still plenty of Prospect Park attractions for couples to enjoy. The Viviana Prospect Park theater offers musicals and intimate meals by candlelight, while Cornerstone Pizza and New London Pizza are the best places to grab a slice. Otherwise, Imperial House has amazing Chinese food, and the Trieste Restaurant has been a local Italian hit since 1960.
As a small borough, Prospect Park, PA does not have many employment opportunities aside from those offered by local businesses. However, the numerous careers in Philadelphia and other nearby areas keep the economy quite steady.
Prospect Park offers strong educational opportunities for children, starting with the thought-provoking workshops at the Kindergarten Academy, and continuing throughout Prospect Park School, where elementary students are treated as family. The Interboro High School, on the other hand, retains an excellent graduation rate.
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