
Cheap Apartments for Rent in the Prospect Park Neighborhood of Brooklyn, NY from $600 (126 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Brooklyn.


159 Martense St
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.

162-128 E 28th 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.
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.
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.
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.
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 | $4,193 | $1,750 | $10,000+ |
Prospect Park 1 Bedroom Apartments | $3,454 | $1,050 | $9,870 |
Prospect Park 2 Bedroom Apartments | $4,422 | $1,750 | $10,000+ |
Prospect Park 3 Bedroom Apartments | $4,774 | $1,050 | $10,000+ |
Prospect Park 4 Bedroom Apartments | $6,245 | $3,500 | $9,995 |
Prospect Park 5 Bedroom Apartments | $7,700 | $3,000 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 126 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 922 E 15th St priced from $1,750. 160 Parkside Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,350. Here are the most affordable Prospect Park apartments for rent in New York, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
922 E 15th St | no apartment available | 2BR,1BA | $1,750 |
160 Parkside Ave | 1 Bedroom / 1 Bathroom | 1BR,1BA | $2,350 |
22 Caton Place | Studio / 1 Bathroom | Studio,1BA | $2,510 |
PLG 123 Linden Apartments | Studio / 1 Bathroom | Studio,1BA | $2,631 |
Best Value Apartments for Rent in Prospect Park, NY
As of October 04, 2025 the best value apartment in the Prospect Park area is the $1.43 price per square foot 546 46th St Model at 546 46th St, Unit 4th floor in the in the Bush Terminal neighborhood starting from $3,000. The second greatest value Prospect Park apartment is the 870 Prospect Pl Model at 870 Prospect Pl, Unit 2 starting at $3,500 with a $2.80 price per square foot in the Wingate 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. |
---|---|---|---|
546 46th St, Unit 4th floor | 546 46th St | 5BR,1BA | $1.43 |
870 Prospect Pl, Unit 2 | 870 Prospect Pl | 2BR,1BA | $2.80 |
397 Herkimer St, Unit 2 | 397 Herkimer St | 4BR,2BA | $3.50 |
3409 Church Ave, Unit 2LT | 3409 Church Ave | 2BR,1BA | $2.73 |
The Lois | 2 Bedroom / 2 Bathroom | 2BR,2BA | $3.64 |
354 Butler St, Unit Studio | 354 Butler St | Studio ,1BA | $2.11 |
138 9th St, Unit Roommate | 138 9th St | 1BR,1BA | $1.17 |
160 Parkside Ave | 1 Bedroom / 1 Bathroom | 1BR,1BA | $2.94 |
922 E 15th St | no apartment available | 2BR,1BA | $2.69 |
335 Rutland Rd | 335 Rutland Rd | Studio ,1BA | $3.50 |
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Pet Friendly LifestyleProspect Park, Brooklyn, NY
Ranked #95
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
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across New York including Prospect Park, Brooklyn, and the greater New York City area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
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 22 Caton Place listed at $2,510.
How much is rent for a Cheap One Bedroom Prospect Park Apartment?
The lowest price for a Cheap One Bedroom Prospect Park Apartment is $2,350 at 160 Parkside Ave.
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 $1,750 at 922 E 15th St.
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
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.