Rental prices in Prospect Park South, Brooklyn, NY have decreased by 0.49% over the past year. The average rent moved from $2,652 to $2,639.
Check out the average rent in Brooklyn.
The national average price of rental apartments is $1,745, while the average monthly rent in Prospect Park South, Brooklyn, NY is $2,639.
The average monthly rent for an apartment in Prospect Park South, Brooklyn, NY is around $2,639.
A share of 35% of apartments in Prospect Park South, Brooklyn, NY have the cheapest rents between $1,501-$2,000. Around 30% of rentals are > $3,000. Around 22% of Prospect Park South's apartments have monthly rents between $2,001-$2,500. There are 14% of apartments with rents between $2,501-$3,000.
The largest share of rentals in Prospect Park South, Brooklyn, NY (35%) 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 South, Brooklyn, NY is $2,222.
In Prospect Park South 81% of the housing is rented out compared to 19% of homes are owned, according to the most recent Census Bureau estimates. 42% of Prospect Park South's apartments are found in large buildings of 50 units or more, 57% are located in smaller apartment complexes with less than 50 units, and 1.0% are single-family rentals.
In total, Prospect Park South, Brooklyn, NY has 18,522 residents, 9,715 women and 8,807 men, per U.S. Census recent estimates. Statistics show that the median age of Prospect Park South’s population is 36.
There is a total of 7,166 households in Prospect Park South, Brooklyn, NY. Of these, 1,908 have children and 5,258 are without children. Per Census Bureau’s most current estimates, 4,221 family households and 2,945 non-family households live in this area. The size of a household in Prospect Park South is 2 people, on average. The median household annual income in Prospect Park South equals $88,500, and the monthly housing costs equal $1,872.
According to data from the U.S. Census Bureau, 6% of the population in Prospect Park South, Brooklyn, NY have no high school education, 34% went to high-school, and 17% have partially completed college. Moreover, 6% of the population hold an Associate Degree, 23% hold a Bachelor Degree, and 15% hold a Graduate Degree.
