Cheap Homes for Rent in Prospect Heights Neighborhood of Brooklyn, NY from $1,000 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

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

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.

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.

Cheapest Available Prospect Heights Apartments for Rent

 

The cheapest available apartment rental in the Prospect Heights area of New York, NY is a Studio unit found at Prospect House priced from $2,785. 1134 Fulton Street has the second lowest priced unit, which is a Studio apartment currently listed from $2,990. Here are the most affordable Prospect Heights apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
Prospect HouseStudio#814 (terrace)Studio,1BA$2,785
1134 Fulton StreetK Line 0 Bed 1 BathStudio,1BA$2,990
461 DeanS8Studio,1BA$3,395
409 Eastern Pkwy1 Bedroom / 1 Bathroom1BR,1BA$3,850
Atlantic BK1 Bedroom 1 Bath1BR,1BA$3,850

Best Value Apartments for Rent in Prospect Heights, NY

As of November 12, 2025 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 $4,499 with a $3.75 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$3.75
Atlantic BK2 Bedrooms 1 Bath2BR,1BA$6.67
Prospect House2 Bed#604 (home office)2BR,2BA$6.63
421 Franklin Ave, Unit 3421 Franklin Ave2BR,1BA$4.12
409 Eastern Pkwy1 Bedroom / 1 Bathroom1BR,1BA$5.79
411 Bergen St, Unit #3411 Bergen St1BR,1BA$5.33
575 Classon Ave, Unit 2575 Classon AveStudio ,1BA$4.40
461 DeanS6Studio ,1BA$7.99
1134 Fulton StreetM Line 0 Bed 1 BathStudio ,1BA$7.57

Frequently Asked Questions about Prospect Heights

What type of rentals are currently available in Prospect Heights?

There are currently 1446 Apartments for Rent in Prospect Heights, NY with pricing that ranges from $1,250 to $7,760. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Heights ranging from $1,058 to $16,000.

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 $1,058 to $16,000 with an average monthly rent of $3,145.

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 $4,200 to $7,760, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,330 to $16,000. Four Bedroom Single-Family rentals are also available starting from $1,170 and Four Bedroom Apartments start at $1,250.

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.

decorative image for The 10 Best Affordable Neighborhoods for Renting in New York City article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.