448 Empire Blvd
BrooklynNY11225
Cheap Apartments for Rent in the Prospect Park Neighborhood of Brooklyn, NY from $600 (114 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Brooklyn.
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810 Rogers Ave
BrooklynNY11226
1417 Bedford Ave
BrooklynNY11216
102 Rogers Ave
BrooklynNY11216
311 Rogers Ave
BrooklynNY11225
33 Lenox Rd
BrooklynNY11226
1131 President St
BrooklynNY11225
104 Rogers Ave
BrooklynNY11216
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.
533 Nostrand Ave
BrooklynNY11216
864 Nostrand Ave
BrooklynNY11225
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769 E 19th St
BrooklynNY11230
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740 E 32nd St
BrooklynNY11210
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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.
Prospect Park, Brooklyn, NY Local Guide
How much does it cost to rent an apartment in Prospect Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Park Studio Apartments | $4,442 | $1,900 | $10,000+ |
| Prospect Park 1 Bedroom Apartments | $3,782 | $1,050 | $10,000+ |
| Prospect Park 2 Bedroom Apartments | $4,889 | $2,350 | $10,000+ |
| Prospect Park 3 Bedroom Apartments | $4,226 | $1,350 | $9,190 |
| Prospect Park 4 Bedroom Apartments | $4,248 | $980 | $10,000+ |
| Prospect Park 5 Bedroom Apartments | $1,110 | $1,110 | $1,110 |
| Prospect Park 6 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
Browse Apartments in this Neighborhood
There are currently 114 rentals with your search options within a 1 mile radius of the Prospect Park Neighborhood of Brooklyn, NY.
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Prospect Park, Brooklyn, NY Local Guide
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Cheapest Available Prospect Park Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ventnor Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $800 |
| 160 Parkside Ave | 1 Bedroom / 1 Bathroom | 1BR,1BA | $2,350 |
Best Value Apartments for Rent in Prospect Park, NY
As of November 18, 2025 the best value apartment in the Prospect Park area is the $1.00 price per square foot 2522 Bedford Ave Model at 2522 Bedford Ave, Unit 2 in the in the Prospect Park neighborhood starting from $1,500. The second greatest value Prospect Park apartment is the 1650 New York Ave Model at 1650 New York Ave, Unit 3rd Floor starting at $3,000 with a $2.50 price per square foot in the East Flatbush neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2522 Bedford Ave, Unit 2 | 2522 Bedford Ave | 3BR,1BA | $1.00 |
| 1650 New York Ave, Unit 3rd Floor | 1650 New York Ave | 3BR,1.5BA | $2.50 |
| 870 Prospect Pl, Unit 2 | 870 Prospect Pl | 2BR,1BA | $2.92 |
| 537 46th St, Unit 2FL | 537 46th St | 3BR,1BA | $3.33 |
| 231 Martense St, Unit 2F | 231 Martense St | 2BR,1BA | $2.78 |
| 138 9th St, Unit Roommate | 138 9th St | 1BR,1BA | $1.17 |
| 354 Butler St, Unit Studio | 354 Butler St | Studio ,1BA | $2.11 |
| Ventnor Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $0.94 |
| 160 Parkside Ave | 1 Bedroom / 1 Bathroom | 1BR,1BA | $2.94 |
| 248 Madison St, Unit 4B | 248 Madison St | 2BR,1BA | $2.94 |
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 Article
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.
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.
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Pet Friendly LifestyleProspect Park, Brooklyn, NY
Ranked #3
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Prospect Park, Brooklyn, NY
School data provided by Great Schools
Frequently Asked Questions about Cheap Prospect Park Apartments
What is a cheap apartment in Prospect Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Prospect Park is under $2,350.
What is the price of a cheap apartment in Prospect Park?
The cheapest apartment in Prospect Park is 160 Parkside Ave which is listed at $2,350, while the average apartment in Prospect Park costs $8,000.
What types of apartments are the cheapest in Prospect Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1 regular apartments in Prospect Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Prospect Park?
Cheap apartments in Prospect Park have an average cost of $362 which is $7,638 cheaper than the average rent for all rentals in Prospect Park.
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.
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.
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.