Cheap Apartments for Rent in Brooklyn, NY from $500 (213 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Brooklyn, NY Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Brooklyn, NY

Pricing Updated: 08/04/2025

Current apartment rentals in the Brooklyn, NY area range in price from $1,030 to $19,190 with an overall median price of $5,666. The three Brooklyn neighborhoods with the lowest median rent pricing are Barren Island at $1,500, Fort Hamilton at $3,000, and Bay Ridge at $1,600. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Brooklyn Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Barren Island$2,750$1,5004
Fort Hamilton$3,000$3,0001
Bay Ridge$3,375$1,60015
Cypress Hills$3,600$3,5005
East Flatbush Wingate$3,700$1,03038
Industry City$3,700$1,2406
Kensington Parkville$3,800$2,2956
Madison$3,800$3,8001
South Shore Brooklyn$3,949$1,250102
Seagate$3,999$1,94563

Cheapest Available Brooklyn Apartments for Rent

 

The cheapest available apartment rental in Brooklyn, NY is a Studio unit found at 1154 Myrtle Ave in the Bedford Stuyvesant neighborhood priced from $30. Ventnor Flatz in the Prospect Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable Brooklyn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1154 Myrtle AveStudio, 1 bathStudio,1BA$30
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$800
Verrazano Garden Apartments1089 StudioStudio,1BA$1,040
14 St Marks PlSTUStudio,$1,200
Bay PlazaUnit CStudio,1BA$1,200
EHS St George TowersShared Triple Room1BR,1BA$1,500

Best Value Apartments for Rent in Brooklyn, NY

As of August 04, 2025 the best value apartment in the Brooklyn area is the $0.01 price per square foot Studio, 1 bath Model at 1154 Myrtle Ave in the in the Bedford Stuyvesant neighborhood starting from $30. The second greatest value Brooklyn apartment is the 542 Van Siclen Ave Model at 542 Van Siclen Ave, Unit 2R starting at $1,200 with a $0.55 price per square foot in the East New York 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.
1154 Myrtle AveStudio, 1 bathStudio ,1BA$0.01
542 Van Siclen Ave, Unit 2R542 Van Siclen Ave3BR,1BA$0.55
2105A Pacific St, Unit Bed Stuyvesant 2Br’s2105A Pacific St2BR,1BA$1.72
2522 Bedford Ave, Unit 2C2522 Bedford Ave3BR,1BA$0.80
1203 38th St, Unit 2nd floor1203 38th St2BR,1BA$1.92
722 New Jersey Ave, Unit 722722 New Jersey AveStudio ,1BA$1.50
1644 E 49th St, Unit 11644 E 49th StStudio ,1BA$1.52
138 9th St, Unit Roommate138 9th St1BR,1BA$1.17
Node HarmanPrivate Room in 3 Bed Shared Apt3BR,2BA$1.66
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$0.94

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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Brooklyn Overview

The most heavily populated of all of New York City's boroughs, Brooklyn stands tall and proud as a focal point of the Big Apple. With many affordable apartments in Brooklyn available to NYC locals, it's not secret as to why this area is home to so many. Comprising over seventy square miles of roadways and housing, Brooklyn is a distinct and growing locale boasting a diverse mix of residents, local businesses and long-established hot spots.

Why live in Brooklyn, NY?

Despite its current tag as a 'hipster haven', Brooklyn remains a hugely popular destination choice for young working professionals for good reason. Offering easy access to the rest of NYC, housing is far more affordable than Manhattan and Brooklyn's diverse population yields a truly one-of-a-kind melting pot of charm and excitement. From indie rock record stores to hip-hop-heavy nightclubs, funky fashion boutiques to world-famous pizza shops on the corner, Brooklyn apartments give residents a life in a city on the move bursting with opportunities.

Pet Friendly Lifestyle

Ranked #

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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Best Local Schools in
Brooklyn, NY

School data provided by Great Schools

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

Explore Brooklyn, NY Rentals by Map

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See the most popular apartments and homes in Brooklyn, NY

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Getting Around Brooklyn, NY

Walk Score®

92 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

79 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

95 / 100

Rider’s Paradise

World-class public transportation

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Brooklyn, NY Area Reviews

  • Parks
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  • Local Vibes
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Brittney • 3+ years in Brooklyn

April 3, 2025

Love living in Brooklyn. I used to live in Manhattan and that was way to expensive. Moved out to Prospect park area and love it. Easy train ride into Manhattan, and all the stuff I need is in the area. I'd love having a great steak restaurant nearby, but I guess beggars cant be choosers. lol

Frequently Asked Questions about Cheap Brooklyn Apartments

What is a cheap apartment in Brooklyn?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Brooklyn is under $1,500.

What is the price of a cheap apartment in Brooklyn?

The cheapest apartment in Brooklyn is EHS St George Towers which is listed at $1,500, while the average apartment in Brooklyn costs $5,666.

What types of apartments are the cheapest in Brooklyn?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Brooklyn that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The 10 Best Affordable Neighborhoods for Renting in New York City

Written by: Joshua Carlucci

New York City is the city that never sleeps, but it’s also the city that’s often synonymous with sky-high rents and steep living costs. That said, if you’re like many of us at ApartmentHomeLiving.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.