Cheap Homes for Rent in Brooklyn, NY from $700 (225 Rentals)

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Brooklyn, NY Local Guide

Cheapest Neighborhoods for Apartments in Brooklyn, NY

Pricing Updated: 09/23/2025

Current apartment rentals in the Brooklyn, NY area range in price from $900 to $14,995 with an overall median price of $5,350. The three Brooklyn neighborhoods with the lowest median rent pricing are Fort Hamilton at $2,000, Barren Island at $1,950, and Cypress Hills at $2,300. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Brooklyn Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Fort Hamilton$2,000$2,0001
Barren Island$2,825$1,9504
Cypress Hills$3,500$2,30013
Madison$3,500$2,9002
Bay Ridge$3,575$2,0009
East Flatbush Wingate$3,700$1,75029
Southwest Brooklyn$3,995$1,000102
Broadway Triangle$4,262$3,2503
Industry City$4,395$2,3008
Kensington Parkville$4,450$2,8502

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. The Astra - Income Restricted in the Bedford Stuyvesant neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,013. 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
The Astra - Income RestrictedStudioStudio,1BA$1,013
Bay PlazaUnit CStudio,1BA$1,200
14 St Marks PlSTUStudio,$1,200
EHS St George TowersShared Triple Room1BR,1BA$1,500

Best Value Apartments for Rent in Brooklyn, NY

As of September 23, 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 $4.25/sq.ft. - 17Q Model at 37 Wall Street starting at $2,396 with a $1.00 price per square foot in the Downtown 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
37 Wall Street$4.25/sq.ft. - 17QStudio ,1BA$1.00
9202 Avenue K, Unit 29202 Avenue K3BR,1BA$1.94
637 Greene Ave, Unit 1637 Greene Ave1BR,1BA$2.00
92 Parrott Pl, Unit 4A92 Parrott Pl1BR,1BA$1.67
354 Butler St, Unit Studio354 Butler StStudio ,1BA$2.11
138 9th St, Unit Roommate138 9th St1BR,1BA$1.17
Node HarmanPrivate Room in 3 Bed Shared Apt3BR,2BA$1.66
6158 56th St, Unit 26158 56th St1BR,1BA$1.13
751 Putnam Ave, Unit Cozy Bohemian Oasis751 Putnam Ave2BR,1BA$2.13

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Brooklyn, NY Area Reviews

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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 Brooklyn

What type of rentals are currently available in Brooklyn?

There are currently 34314 Apartments for Rent in Brooklyn, NY with pricing that ranges from $900 to $44,457. There are also 2778 Single Family Homes for rent, Condos, and Townhome rentals currently available in Brooklyn ranging from $725 to $49,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Brooklyn ranges from $725 to $49,000 with an average monthly rent of $4,534.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Brooklyn range from $1,000 to $31,806, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $49,000. Four Bedroom Single-Family rentals are also available starting from $950 and Four Bedroom Apartments start at $3,200.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.