Cheap Homes for Rent in Brooklyn, NY from $700 (189 Rentals)

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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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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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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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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.

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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.

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Brooklyn, NY Local Guide

Cheapest Neighborhoods for Apartments in Brooklyn, NY

Pricing Updated: 11/29/2025

Current apartment rentals in the Brooklyn, NY area range in price from $980 to $25,000 with an overall median price of $5,133. The three Brooklyn neighborhoods with the lowest median rent pricing are Fort Hamilton at $2,300, Kensington Parkville at $2,975, and Barren Island at $2,000. 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$2,300$2,3001
Kensington Parkville$2,975$2,9751
Barren Island$3,100$2,0003
East Flatbush Wingate$3,350$98025
Industry City$3,450$3,4501
Broadway Triangle$3,600$1,6802
Cypress Hills$3,700$1,55014
South Shore Brooklyn$3,800$1,500106
Bay Ridge$4,000$1,60012
Madison$4,000$3,3002

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 $40. Ventnor Flatz in the Prospect Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable Brooklyn apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1154 Myrtle AveStudio, 1 bathStudio,1BA$40
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$800
The Astra - Income RestrictedStudioStudio,1BA$1,013
1689 Sterling PlRoom for Rent1BR,1BA$1,150
Bay PlazaUnit CStudio,1BA$1,200
14 St Marks PlSTUStudio,$1,200
EHS St George TowersShared Triple Room1BR,1BA$1,500
555 Ovington Ave1 Bed, 1 bath1BR,1BA$1,600

Best Value Apartments for Rent in Brooklyn, NY

As of November 29, 2025 the best value apartment in the Brooklyn area is the $0.02 price per square foot Studio, 1 bath Model at 1154 Myrtle Ave in the in the Bedford Stuyvesant neighborhood starting from $40. The second greatest value Brooklyn apartment is the 1893 Pacific St Model at 1893 Pacific St, Unit 2 starting at $3,000 with a $1.82 price per square foot in the Bedford Stuyvesant 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$0.02
1893 Pacific St, Unit 21893 Pacific St1BR,1BA$1.82
637 Greene Ave, Unit 1637 Greene Ave1BR,1BA$2.00
2522 Bedford Ave, Unit 22522 Bedford Ave3BR,1BA$1.00
7418 88th Ave, Unit 17418 88th Ave3BR,1BA$1.75
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
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$0.94
555 Ovington Ave1 Bed, 1 bath1BR,1BA$2.13

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.

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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

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.

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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

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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

Ranked #

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

Pet Friendliness Lifestyle Score

Pet Friendly

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Best Local Schools in
Brooklyn, NY

School data provided by Great Schools

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

Explore Brooklyn, NY Rentals by Map

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See the most popular apartments and homes in Brooklyn, NY

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Brooklyn, NY Area Reviews

  • Parks
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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 34382 Apartments for Rent in Brooklyn, NY with pricing that ranges from $900 to $39,500. There are also 2277 Single Family Homes for rent, Condos, and Townhome rentals currently available in Brooklyn ranging from $750 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 $750 to $49,000 with an average monthly rent of $4,712.

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 $1,180 to $39,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $49,000. Four Bedroom Single-Family rentals are also available starting from $875 and Four Bedroom Apartments start at $980.

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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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.

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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.