Cheap Homes for Rent in the Prospect Heights Neighborhood of Brooklyn, NY from $1,000 (53 Rentals)

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

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Prospect Heights, Brooklyn, NY Local Guide

Cheapest Available Prospect Heights Apartments for Rent

 

The cheapest available apartment rental in the Prospect Heights area of New York, NY is a 1 Bed unit found at 11 Herkimer St priced from $3,300. 1134 Fulton Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $3,400. Here are the most affordable Prospect Heights apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
11 Herkimer StD Line1BR,1BA$3,300
1134 Fulton StreetD Line 1 Bed 1 Bath1BR,1BA$3,400
461 DeanS7Studio,1BA$3,700
Atlantic BK1 Bedroom 1 Bath1BR,1BA$3,795
409 Eastern Pkwy1 Bedroom / 1 Bathroom1BR,1BA$3,899

Best Value Apartments for Rent in Prospect Heights, NY

As of August 07, 2026 the best value apartment in the Prospect Heights area is the $4.67 price per square foot Studio / 1 Bathroom Model at 121 8th Ave. in the in the Prospect Heights neighborhood starting from $6,767. The second greatest value Prospect Heights apartment is the 585 Franklin Ave Model at 585 Franklin Ave, Unit 2 starting at $4,799 with a $4.00 price per square foot in the Prospect Heights neighborhood. Here is today’s list of the best values for Prospect Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
121 8th Ave.Studio / 1 BathroomStudio ,1BA$4.67
585 Franklin Ave, Unit 2585 Franklin Ave4BR,2BA$4.00
409 Eastern Pkwy2 Bedroom / 2 Bathroom2BR,2BA$5.56
421 Franklin Ave, Unit 3421 Franklin Ave2BR,1BA$4.62
367 Saint Marks Ave, Unit St Marks, 3F367 Saint Marks Ave2BR,1BA$5.32
1012 Fulton St, Unit 3F1012 Fulton St2BR,1BA$4.60
Atlantic BK1 Bedroom 1 Bath1BR,1BA$5.17
397 Flatbush Ave, Unit 4R397 Flatbush Ave1BR,1BA$5.29
11 Herkimer StD Line1BR,1BA$6.60
575 Classon Ave, Unit 2575 Classon AveStudio ,1BA$4.99

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
Prospect Heights, Brooklyn, NY

Ranked #13

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 Prospect Heights

What type of rentals are currently available in Prospect Heights?

There are currently 1461 Apartments for Rent in Prospect Heights, NY with pricing that ranges from $2,495 to $19,500. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Heights ranging from $1,080 to $8,995.

What is the current price range for Rental Homes in Prospect Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Heights ranges from $1,080 to $8,995 with an average monthly rent of $3,102.

How much are larger Three and Four Bedroom Rentals in Prospect Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect Heights range from $4,974 to $4,974, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,380 to $8,995. Four Bedroom Single-Family rentals are also available starting from $1,080 and Four Bedroom Apartments start at $4,799.

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.

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