Cheap Homes for Rent in Prospect Park Neighborhood of Brooklyn, NY from $900 (236 Rentals)

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Search the lowest-cost Homes available for rent right now in the Prospect Park 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.

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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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Prospect Park, Brooklyn, NY Local Guide

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 $2,741. Here are the most affordable Prospect Park apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$750
The LoisStudio / 1 BathroomStudio,1BA$2,741
160 Parkside Ave1 Bedroom / 1 Bathroom1BR,1BA$3,150

Best Value Apartments for Rent in Prospect Park, NY

As of January 05, 2026 the best value apartment in the Prospect Park area is the $0.97 price per square foot 133 23rd St Model at 133 23rd St, Unit 3F in the in the Bush Terminal neighborhood starting from $2,915. The second greatest value Prospect Park apartment is the 4119 13th Ave Model at 4119 13th Ave, Unit 4119 starting at $3,200 with a $2.13 price per square foot in the Borough Park neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
133 23rd St, Unit 3F133 23rd St2BR,2BA$0.97
4119 13th Ave, Unit 41194119 13th Ave3BR,1BA$2.13
2408 Beverley Rd, Unit #22408 Beverley Rd4BR,2BA$2.77
676 E 5th St, Unit 1676 E 5th St4BR,1.5BA$3.00
870 Prospect Pl, Unit 2870 Prospect Pl2BR,1BA$2.92
323 Avenue C, Unit 3rd FL323 Avenue C3BR,2BA$3.40
354 Butler St, Unit Furnished studio apt354 Butler St1BR,1BA$2.11
138 9th St, Unit Roommate138 9th St1BR,1BA$1.17
426 Foster Ave, Unit #2A426 Foster Ave2BR,1BA$2.67
Ventnor Flatz2 Bedroom/1 Bath2BR,1BA$0.88

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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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.

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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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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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Best Local Schools in
Prospect Park, Brooklyn, NY

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Frequently Asked Questions about Prospect Park

What type of rentals are currently available in Prospect Park?

There are currently 9959 Apartments for Rent in Prospect Park, NY with pricing that ranges from $1,050 to $23,000. There are also 521 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $950 to $15,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Park ranges from $950 to $15,000 with an average monthly rent of $1,988.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect Park range from $2,800 to $15,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,190 to $14,950. Four Bedroom Single-Family rentals are also available starting from $1,090 and Four Bedroom Apartments start at $3,599.

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

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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.

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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.

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The Local NYC Experts Guide to the Perfect Neighborhoods Near Top Employers

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New York has a funny way of making your commute part of your identity.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!