Cheap Homes for Rent in Downtown Brooklyn Neighborhood of Brooklyn, NY from $1,200 (51 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

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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. Baltic House has the second lowest priced unit, which is a Studio apartment currently listed from $3,000. 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
Baltic HouseStudio - balconyStudio,1BA$3,000
The BrooklynerStudio D Line floors 5-50Studio,1BA$3,161
Webster Apartments- ALL WOMENS HOUSINGStudio: DoubleStudio,1BA$3,175
WestmarkStudioStudio,1BA$3,231
The Bergen0 Bed 1 BathStudio,1BA$3,235
Douglass Port at Gowanus WharfStudioStudio,1BA$3,250
240 WilloughbyS02Studio,1BA$3,275
Placemakr Wall StreetStudio MurphyStudio,1BA$3,500

Best Value Apartments for Rent in Downtown Brooklyn, NY

As of June 16, 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 bed, 2 bath Model at The Addison starting at $4,863 with a $4.63 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
The Addison2 bed, 2 bath1BR,1BA$4.63
131 Hall Street, Unit Apt1131 Hall Street2BR,1BA$4.44
260 Gold01 Line 3 Bed 1 Bath3BR,1BA$6.96
Exhibit2 Bedroom / 2 Bathroom2BR,2BA$6.52
183 Classon Ave, Unit 3183 Classon Ave4BR,1BA$4.89
1012 Fulton St, Unit 3F1012 Fulton St2BR,1BA$4.60
461 DeanA61BR,1BA$7.25
130 Water St, Unit 5-F130 Water St1BR,1BA$6.29
182 Carlton Ave, Unit Apartment#1182 Carlton Ave1BR,1BA$6.63

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 Downtown Brooklyn

What type of rentals are currently available in Downtown Brooklyn?

There are currently 3365 Apartments for Rent in Downtown Brooklyn, NY with pricing that ranges from $1,975 to $17,564. There are also 286 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Brooklyn ranging from $1,200 to $11,750.

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 $1,200 to $11,750 with an average monthly rent of $3,058.

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 $11,538, 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 $1,410 and Four Bedroom Apartments start at $4,399.

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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Top Student Friendly Neighborhoods to Rent Near Colleges in NYC

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

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

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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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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.