Cheap Homes for Rent in Downtown Brooklyn Neighborhood of Brooklyn, NY from $1,200 (55 Rentals)

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

property at 354 Butler St

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

1 Bedroom, 1 Bath Home for Rent

Available Now

354 Butler St

BrooklynNY11217

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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 Baltic House priced from $2,640. FOUND Study Brooklyn Heights has the second lowest priced unit, which is a Studio apartment currently listed from $2,650. Here are the most affordable Downtown Brooklyn apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
Baltic HouseStudioStudio,1BA$2,640
FOUND Study Brooklyn HeightsSingle - StudioStudio,1BA$2,650
FOUND Study Brooklyn Heights - Student/InternPrivate StudioStudio,1BA$2,950
66 Rockwell PlaceStudio, 1 bathStudio,1BA$3,035
The BrooklynerStudio B Line floors 5-50Studio,1BA$3,038
The AddisonStudio 1 bathStudio,1BA$3,086
Webster Apartments- ALL WOMENS HOUSINGStudio: DoubleStudio,1BA$3,175
260 Gold25 Line 0 Bed 1 BathStudio,1BA$3,195
WestmarkStudioStudio,1BA$3,200

Best Value Apartments for Rent in Downtown Brooklyn, NY

As of March 17, 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 2 Bedroom / 2 Bathroom Model at Exhibit starting at $5,909 with a $6.52 price per square foot in the Downtown 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
Exhibit2 Bedroom / 2 Bathroom2BR,2BA$6.52
183 Classon Ave, Unit 3183 Classon Ave4BR,1BA$4.78
1012 Fulton St, Unit 3F1012 Fulton St2BR,1BA$4.20
EHS St George TowersDouble as a Single Occupancy RoomStudio ,1BA$3.98
66 Rockwell Place1 bed, 1 bath1BR,1BA$6.27
7 Dekalb1 Bedroom 1 Bath Market1BR,1BA$6.28
Avalon Willoughby SquareS3-525Studio ,1BA$7.26
AVA Fort GreeneS2Studio ,1BA$7.30
The AddisonStudio 1 bathStudio ,1BA$6.80

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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

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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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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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Frequently Asked Questions about Downtown Brooklyn

What type of rentals are currently available in Downtown Brooklyn?

There are currently 3346 Apartments for Rent in Downtown Brooklyn, NY with pricing that ranges from $1,425 to $14,995. There are also 312 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Brooklyn ranging from $1,225 to $28,000.

What is the current price range for Rental Homes in Downtown Brooklyn?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Brooklyn ranges from $1,225 to $28,000 with an average monthly rent of $3,101.

How much are larger Three and Four Bedroom Rentals in Downtown Brooklyn?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Brooklyn range from $3,850 to $14,383, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,490 to $8,000. Four Bedroom Single-Family rentals are also available starting from $1,490 and Four Bedroom Apartments start at $4,299.

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

Articles, How-To's, and Tips

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

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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

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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.