Cheap Apartments for Rent in Brooklyn, NY from $500 (256 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

property at 2620 Ocean Pkwy

$1,700 - $1,900

1 Bedroom Rentals

Available Jan 1, 2026

2620 Ocean Pkwy

BrooklynNY11235

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.

close
View Me
The Garnet
Studio to 2 Bedroom Apartments

The Garnet

1620 Fulton StBrooklyn, NY 11213

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.

close
View Me
Eden Roc
Studio to 3 Bedroom Apartments

Eden Roc

1869 83rd StBrooklyn, NY 11214
close
View Me
Ventnor Flatz
Studio to 2 Bedroom Apartments

Ventnor Flatz

1115 Dorchester RdBrooklyn, NY 11218
close
View Me
1512 Dekalb Avenue
3 to 4 Bedroom Apartments

1512 Dekalb Avenue

1512 DeKalb AveBrooklyn, NY 11237
Student Housing
  • Smoke Free
close
View Me
Fountain Seaview B2
Studio to 2 Bedroom Apartments

Fountain Seaview B2

702 Vandalia AveBrooklyn, NY 11239
close
View Me
Bay Plaza
Studio to 3 Bedroom Apartments

Bay Plaza

2323 E 12th StBrooklyn, NY 11229
close
View Me
The Brite
Studio to 1 Bedroom Apartments

The Brite

2175 E 15th StBrooklyn, NY 11229
close
View Me
12 Agate Ct
1 to 2 Bedroom Apartments

12 Agate Ct

12 Agate CtBrooklyn, NY 11213
Furnished
close
View Me
Knox Place
1 to 2 Bedroom Apartments

Knox Place

597 Grand AveBrooklyn, NY 11238
  • Utilities Included
close
View Me
54 Throop Ave
1 Bedroom Apartments

54 Throop Ave

54 Throop AveBrooklyn, NY 11206

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.

close
View Me
1811 Quentin Rd
Studio Apartments

1811 Quentin Rd

1811 Quentin RdBrooklyn, NY 11229
  • Utilities Included
close
View Me
1819 BEVERLY RD
1 to 3 Bedroom Apartments

1819 BEVERLY RD

1819 Beverly RdBrooklyn, NY 11226
close
View Me
Wade
Studio Apartments

Wade

3022 W 22nd StBrooklyn, NY 11224
  • Utilities Included
close
View Me
75 Lenox Rd
Studio Apartments

75 Lenox Rd

75 Lenox RdBrooklyn, NY 11226
  • Utilities Included
close
View Me
The Bradley
Studio to 3 Bedroom Apartments

The Bradley

1230 Avenue XBrooklyn, NY 11235
close
View Me
1546 St Johns Pl
2 Bedroom Apartments

1546 St Johns Pl

1546 St Johns PlBrooklyn, NY 11213
  • Utilities Included
close
View Me
The Branton
Studio to 3 Bedroom Apartments

The Branton

1411 Avenue VBrooklyn, NY 11229
close
View Me
The Hancock House
Studio to 4 Bedroom Apartments

The Hancock House

854 Hancock StBrooklyn, NY 11233
Furnished
  • Utilities Included
  • Smoke Free
close
View Me
214 Macdougal Street
Studio to 1 Bedroom Apartments

214 Macdougal Street

214-216 Macdougal StBrooklyn, NY 11233

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Brooklyn, NY Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Brooklyn, NY

Pricing Updated: 12/23/2025

Current apartment rentals in the Brooklyn, NY area range in price from $1,013 to $15,500 with an overall median price of $5,297. The three Brooklyn neighborhoods with the lowest median rent pricing are Kensington Parkville at $1,750, East Flatbush Wingate at $1,180, and Broadway Triangle at $3,250. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Brooklyn Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Kensington Parkville$3,400$1,7503
East Flatbush Wingate$3,450$1,18031
Broadway Triangle$3,600$3,2502
Bay Ridge$3,650$2,00012
Barren Island$3,800$1,2007
Madison$3,800$3,3004
South Shore Brooklyn$3,800$1,20097
Cypress Hills$4,200$1,80012
Wallabout$4,500$2,70011
Seagate$5,250$2,25040

Cheapest Available Brooklyn Apartments for Rent

 

The cheapest available apartment rental in Brooklyn, NY is a 2 Beds unit found at Ventnor Flatz in the Prospect Park neighborhood priced from $750. Bay Plaza in the Sheepshead Bay neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Brooklyn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$750
Bay PlazaUnit CStudio,1BA$950
The Astra - Income RestrictedStudioStudio,1BA$1,013
EHS St George TowersShared Triple RoomStudio,1BA$1,396
The Oxford HousesOxford House Residence – D (434)1BR,1BA$1,795
555 Ovington Ave1 Bed, 1 bath1BR,1BA$1,800

Best Value Apartments for Rent in Brooklyn, NY

As of December 23, 2025 the best value apartment in the Brooklyn area is the $1.00 price per square foot 472 Myrtle Ave Model at 472 Myrtle Ave, Unit RETAIL in the in the Downtown Brooklyn neighborhood starting from $6,500. The second greatest value Brooklyn apartment is the 4119 13th Ave Model at 4119 13th Ave, Unit 4119 starting at $3,200 with a $2.13 price per square foot in the Borough Park 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.
472 Myrtle Ave, Unit RETAIL472 Myrtle Ave1BR,1BA$1.00
4119 13th Ave, Unit 41194119 13th Ave3BR,1BA$2.13
637 Greene Ave, Unit Unit 1637 Greene Ave1BR,1BA$2.00
354 Butler St, Unit Furnished studio apt354 Butler St1BR,1BA$2.11
138 9th St, Unit Roommate138 9th St1BR,1BA$1.17
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$0.88
555 Ovington Ave1 Bed, 1 bath1BR,1BA$2.40
The Astra - Income RestrictedStudioStudio ,1BA$1.45
157 Langham St, Unit Studio157 Langham St1BR,1BA$2.18
Bay PlazaUnit CStudio ,1BA$1.93

The Local NYC Expert's Guide to the Perfect Neighborhoods Near Top Employers

From Battery Park City to Hudson Heights, find a rental that makes walking to work a reality. Explore the best NYC neighborhoods near major employers.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in NYC

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the New York City area for affordable living. Find your perfect NYC Student apartment, condo, or rental home today at ApartmentHomeliving.com

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

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

Explore Brooklyn, NY Rentals by Map

View Map
Brooklyn, NY Apartments Map
View Map
Brooklyn, NY Rental Homes Map

Brooklyn, NY Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Brittney3+ 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 $1,800.

What is the price of a cheap apartment in Brooklyn?

The cheapest apartment in Brooklyn is The Oxford Houses which is listed at $1,795, while the average apartment in Brooklyn costs $5,297.

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 24 regular apartments in Brooklyn that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Brooklyn?

Cheap apartments in Brooklyn have an average cost of $1,414 which is $3,883 cheaper than the average rent for all rentals in Brooklyn.

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.

Helpful Local Expert Guides

decorative image for The 10 Best Affordable Neighborhoods for Renting in New York City article

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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in NYC article

Top Student Friendly Neighborhoods to Rent Near Colleges in NYC

Written by: Joshua Carlucci

New York City is more than just a destination—it’s a way of life, especially for students eager to dive into a melting pot of cultures, endless activities, and academic prestige.

decorative image for The Local NYC Experts Guide to the Perfect Neighborhoods Near Top Employers article

The Local NYC Experts Guide to the Perfect Neighborhoods Near Top Employers

Written by: Joshua Carlucci

New York has a funny way of making your commute part of your identity.

Articles, How-To's, and Tips

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.