Cheap Apartments for Rent in the Downtown Brooklyn Neighborhood of Brooklyn, NY from $900 (116 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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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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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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Downtown Brooklyn, Brooklyn, NY Local Guide

Cheapest Available Downtown Brooklyn Apartments for Rent

 

The cheapest available apartment rental in the Downtown Brooklyn area of New York, NY is a Studio unit found at FOUND Study Brooklyn Heights priced from $2,650. 22 Chapel St has the second lowest priced unit, which is a Studio apartment currently listed from $3,100. Here are the most affordable Downtown Brooklyn apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
FOUND Study Brooklyn HeightsSingle - StudioStudio,1BA$2,650
22 Chapel StStudioStudio,1BA$3,100
Webster Apartments- ALL WOMENS HOUSINGStudio: DoubleStudio,1BA$3,175
AVA DoBroS1Studio,1BA$3,230
WestmarkStudioStudio,1BA$3,231
The BrooklynerStudio B Line floors 5-50Studio,1BA$3,451
The Paxton0 BED | 1 BATH - LINE DStudio,1BA$3,525
240 WilloughbyS01Studio,1BA$3,595
Baltic HouseIsland Kitchen 1 Bed1BR,1BA$3,595

Best Value Apartments for Rent in Downtown Brooklyn, NY

As of July 09, 2026 the best value apartment in the Downtown 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 Downtown Brooklyn apartment is the 3 Bedroom Model at 104 Fleet Pl starting at $7,900 with a $5.27 price per square foot in the Downtown Brooklyn neighborhood. Here is today’s list of the best values for Downtown 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
104 Fleet Pl3 Bedroom3BR,2BA$5.27
Exhibit2 Bedroom / 2 Bathroom2BR,2BA$6.52
183 Classon Ave, Unit 3183 Classon Ave3BR,1BA$4.44
1012 Fulton St, Unit 3F1012 Fulton St2BR,1BA$4.60
182 Carlton Ave, Unit Apartment#3182 Carlton Ave1BR,1BA$5.59
The Bergen1 Bedroom / 1 Bathroom1BR,1BA$6.66
AVA Fort GreeneA131BR,1BA$6.53
130 Water St, Unit 5-F130 Water St1BR,1BA$6.29
Baltic HouseIsland Kitchen 1 Bed1BR,1BA$7.12

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Pet Friendly Lifestyle
Downtown Brooklyn, Brooklyn, NY

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Brooklyn, Brooklyn, NY

School data provided by Great Schools

Frequently Asked Questions about Cheap Downtown Brooklyn Apartments

What is a cheap apartment in Downtown Brooklyn?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Brooklyn is under $3,595.

What is the price of a cheap apartment in Downtown Brooklyn?

The cheapest apartment in Downtown Brooklyn is Baltic House which is listed at $3,595, while the average apartment in Downtown Brooklyn costs $7,150.

What types of apartments are the cheapest in Downtown 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 20 regular apartments in Downtown 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 Downtown Brooklyn?

Cheap apartments in Downtown Brooklyn have an average cost of $395 which is $6,755 cheaper than the average rent for all rentals in Downtown 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

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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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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.

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The Local NYC Expert's 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.

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The Unofficial NYC Playbook: An Insider's Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps

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Every block of New York City feels like a stage set for daily life.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.