
Cheap Apartments for Rent in the Prospect Park Neighborhood of Brooklyn, NY from $600 (131 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Brooklyn.


354 Butler St

272 Decatur St

Total Monthly Price
1073 Carroll St, Unit Room 1

415 Ocean Pkwy

195 Prospect Park W

601 E 19th St

415 Argyle Rd

743 Union St

12 Crown St
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.

488 Ocean Pkwy

581 E 26th St

The Garnet

Ventnor Flatz

939 Saint Marks Ave

Douglass Street Apartments

12 Agate Ct

Knox Place

Elevatored Apartment Bldg

1819 BEVERLY RD
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.

75 Lenox Rd

Common Owens (Furnished Rooms)

Common Brower (Furnished Rooms)

92 Woodruff Ave

4424 Kings Hwy

135 Ocean Ave

850 East 31 St

930 59th Street

657 St. Marks

35-49 Stratford Rd
The Unofficial NYC Playbook: An Insider's Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps
Moving to NYC? Go beyond the landmarks. Our local expert shares an insider's guide to New York City's neighborhoods, finding your rhythm, and making the city feel like home.

1030 Ocean Ave

30 Rogers Avenue

354 ocean ave

179 LINDEN BLVD

257-261 Gates Ave

1045 65th St

Common Classon (Furnished Rooms)

415 LEFFERTS AVE

51 STRATFORD RD

2111 BEEKMAN PL
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.

505 OCEAN AVE

2116 DITMAS AVE

1710 Newkirk Avenue

57 LINCOLN RD

524 Putnam Avenue

2160 Caton Ave

3220 AVENUE H

2016 albemalre rd

2101 Beekman Place

801 Avenue C
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 | $3,246 | $1,300 | $5,363 |
| Prospect Park 1 Bedroom Apartments | $3,359 | $1,425 | $10,000+ |
| Prospect Park 2 Bedroom Apartments | $4,583 | $2,500 | $10,000+ |
| Prospect Park 3 Bedroom Apartments | $4,596 | $2,800 | $8,380 |
| Prospect Park 4 Bedroom Apartments | $4,674 | $3,000 | $7,400 |
| Prospect Park 5 Bedroom Apartments | $4,000 | $4,000 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 131 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
 The cheapest available apartment rental in the Prospect Park area of New York, NY is a 2 Beds unit found at Ventnor Flatz priced from $750. The Lois has the second lowest priced unit, which is a Studio apartment currently listed from $2,701. Here are the most affordable Prospect Park apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ventnor Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $750 |
| The Lois | Studio / 1 Bathroom | Studio,1BA | $2,701 |
| 160 Parkside Ave | 1 Bedroom / 1 Bathroom | 1BR,1BA | $3,150 |
Best Value Apartments for Rent in Prospect Park, NY
As of February 18, 2026 the best value apartment in the Prospect Park area is the $3.00 price per square foot 198 28th St Model at 198 28th St, Unit 198 28th St #1 in the in the Bush Terminal neighborhood starting from $6,000. The second greatest value Prospect Park apartment is the 753 Flatbush Ave Model at 753 Flatbush Ave, Unit 2nd floor starting at $3,000 with a $2.00 price per square foot in the Prospect Park 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. |
|---|---|---|---|
| 198 28th St, Unit 198 28th St #1 | 198 28th St | 3BR,3BA | $3.00 |
| 753 Flatbush Ave, Unit 2nd floor | 753 Flatbush Ave | 4BR,1BA | $2.00 |
| 208 Lefferts Pl, Unit 2 | 208 Lefferts Pl | 2BR,1BA | $3.69 |
| 870 Prospect Pl, Unit 2 | 870 Prospect Pl | 2BR,1BA | $3.75 |
| 585 Franklin Ave, Unit 2 | 585 Franklin Ave | 4BR,2BA | $3.75 |
| 397 Herkimer St, Unit 2 | 397 Herkimer St | 4BR,2BA | $3.50 |
| Ventnor Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $0.88 |
| 665 Rutland Rd, Unit 3 | 665 Rutland Rd | 2BR,1BA | $3.68 |
| 125 E 39th St, Unit 1 | 125 E 39th St | 2BR,1BA | $3.60 |
| 163 Linden Blvd, Unit 3 | 163 Linden Blvd | 1BR,1BA | $3.85 |
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 ArticleThe 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 ArticleCash 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.
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.
Best Local Schools in Prospect Park, Brooklyn, NY
School data provided by Great Schools
Frequently Asked Questions about Cheap Prospect Park Apartments
What is the Cheapest Studio apartment in Prospect Park?
Currently the most affordable Cheap Studio Apartment in Prospect Park is at The Lois listed at $2,701.
How much is rent for a Cheap One Bedroom Prospect Park Apartment?
The lowest price for a Cheap One Bedroom Prospect Park Apartment is $3,018 at The Lois.
What is the lowest price for a Cheap Two Bedroom Prospect Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Prospect Park is starting from $750 at Ventnor Flatz.
What is the most affordable Prospect Park Three Bedroom Apartment?
The best deal on a cheap Prospect Park Three Bedroom Apartment rental is at 1030 Carroll St and starts from $4,260.
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
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.

Top Student Friendly Neighborhoods to Rent Near Colleges in NYC
Written by: Joshua Carlucci
New York City is more than just a destination—it’s a way of life, especially for students eager to dive into a melting pot of cultures, endless activities, and academic prestige.

The Local NYC Experts Guide to the Perfect Neighborhoods Near Top Employers
Written by: Joshua Carlucci
New York has a funny way of making your commute part of your identity.

The Unofficial NYC Playbook: An Insiders Guide to Where to Eat, Roam, and Find Your Home in the City That Never Sleeps
Written by: Joshua Carlucci
Every block of New York City feels like a stage set for daily life.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.