
Cheap Apartments for Rent in the New Lots Neighborhood of Brooklyn, NY from $1,100 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the New Lots area of Brooklyn.


Total Monthly Price
520 Sheffield Ave, Unit 1a

520 Sheffield Ave

10106 Avenue K
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.

612 Jerome St

964 East 100th Street

742 New Lots Ave

879 Mother Gaston Blvd
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.
New Lots, Brooklyn, NY Local Guide

How much does it cost to rent an apartment in New Lots?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Lots 1 Bedroom Apartments | $2,246 | $1,900 | $2,734 |
| New Lots 2 Bedroom Apartments | $2,825 | $2,800 | $2,900 |
| New Lots 3 Bedroom Apartments | $3,159 | $1,100 | $3,758 |
| New Lots 4 Bedroom Apartments | $3,776 | $3,753 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the New Lots Neighborhood of Brooklyn, NY.
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New Lots, Brooklyn, NY Local Guide
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Best Value Apartments for Rent in New Lots, NY
As of July 05, 2026 the best value apartment in the New Lots area is the $0.65 price per square foot 664 Pennsylvania Ave Model at 664 Pennsylvania Ave, Unit 2 in the in the East New York neighborhood starting from $1,100. The second greatest value New Lots apartment is the 520 Sheffield Ave Model at 520 Sheffield Ave, Unit 1a starting at $1,900 with a $1.90 price per square foot in the Ocean Hill neighborhood. Here is today’s list of the best values for New Lots apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 664 Pennsylvania Ave, Unit 2 | 664 Pennsylvania Ave | 3BR,1BA | $0.65 |
| 520 Sheffield Ave, Unit 1a | 520 Sheffield Ave | 1BR,1BA | $1.90 |
| 737 Jerome St, Unit 1R | 737 Jerome St | 3BR,1BA | $4.86 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleNew Lots, Brooklyn, NY
Ranked #92
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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

The 10 Best Affordable Neighborhoods for Renting in New York City
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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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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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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.

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.