Cheap Apartments for Rent in Brooklyn, IN from $400 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in Brooklyn.

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Horizons Apartments
$925 - $1,345
Total Monthly Price

Total Monthly Price

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$925 - $1,345

Total Monthly Price
$925 - $1,345
1 to 4 Bedroom Apartments Available Now

Horizons Apartments

4955 Red Horizon BlvdIndianapolis, IN 46221
Affordability
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Mooresville MHC
2 to 3 Bedroom Apartments

Mooresville MHC

1 Chisholm TrlMooresville, IN 46158
  • Utilities Included
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Harpers Crossing
1 to 3 Bedroom Apartments

Harpers Crossing

311 Harpers CrossingPlainfield, IN 46168

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Camby Crossing
1 to 3 Bedroom Apartments

Camby Crossing

7402 Camby Crossing DrCamby, IN 46113

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Stonehedge Apartments
1 to 2 Bedroom Apartments

Stonehedge Apartments

1563 Stonehedge CtGreenwood, IN 46142
Corporate Housing
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Arborwood Apartments
1 to 4 Bedroom Apartments

Arborwood Apartments

6702 Trunk WayIndianapolis, IN 46221
Corporate Housing

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Brooklyn, IN Local Guide

Cheapest Available Brooklyn Apartments for Rent and Nearby

 

The cheapest available apartment rental in Brooklyn, IN is a 1 Bed unit found at Stanley Terrace in the The Settlement - Designer neighborhood priced from $423. Abbey Apartments - Affordable Senior Housing in the Airport District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $778. Here is today’s list of the most affordable Brooklyn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stanley TerraceOne Bedroom1BR,1BA$423
Abbey Apartments - Affordable Senior HousingOne Bedroom1BR,1BA$778
Harpers Crossing1 bdr1BR,1BA$840
Stafford Pointe1 BR/ 1 BA1BR,1BA$860
Aspen Pointe ApartmentsHickoryStudio,1BA$975
Home Place Senior Living1 BD 1 BTH1BR,1BA$1,000
Alpine StudiosNordicStudio,1BA$1,009
Murphy's LandingThe Wake1BR,1BA$1,036
Horizons ApartmentsThe Aspiration2BR,1BA$1,055
Stonehedge ApartmentsThe Terra1BR,1BA$1,089

Best Value Apartments for Rent in Brooklyn, IN and Nearby

As of April 07, 2026 the best value apartment in the Brooklyn area is the $1.14 price per square foot 3Bed / 2Bath- Phase I Model at Aspen Lakes in the in the Southern Homes neighborhood starting from $1,725. The second greatest value Brooklyn apartment is the 3 BR/ 1.5 BA Townhouse Model at Stafford Pointe starting at $1,810 with a $1.33 price per square foot in the The Settlement - Designer neighborhood. Here is today’s list of the best values for Brooklyn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Aspen Lakes3Bed / 2Bath- Phase I3BR,2BA$1.14
Stafford Pointe3 BR/ 1.5 BA Townhouse3BR,1.5BA$1.33
Devonshire ApartmentsThe Windsor Renovated3BR,2BA$1.34
Gladden Farms ApartmentsThe Summit - 3 Bedroom 2 Bathroom3BR,2BA$1.09
Country View Apartments3B/2L-WD3BR,2BA$1.30
Hillcrest ApartmentsSpacious 2-bedroom apartment home!2BR,1BA$1.24
Stanley TerraceTwo Bedroom2BR,1BA$1.06
Honey CreekHive Renovated2BR,2BA$1.38
Lakeside at Walnut Hills2 Bed 1 Bath2BR,1BA$1.35
Harpers Crossing1 bdr1BR,1BA$1.24

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Brooklyn, IN Rentals by Map

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Frequently Asked Questions about Cheap Brooklyn Apartments

How much is rent for a Cheap One Bedroom Brooklyn Apartment?

The lowest price for a Cheap One Bedroom Brooklyn Apartment is $423 at Stanley Terrace.

What is the lowest price for a Cheap Two Bedroom Brooklyn Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Brooklyn is starting from $1,008 at Stanley Terrace.

What is the most affordable Brooklyn Three Bedroom Apartment?

The best deal on a cheap Brooklyn Three Bedroom Apartment rental is at Harpers Crossing and starts from $1,171.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.