Cheapest Neighborhoods in Brooklyn, NY
Some of the cheapest neighborhoods in Brooklyn are Sheepshead Bay, East New York, and Flatbush-Ditmas Park. These neighborhoods offer some of the lowest rent prices in Brooklyn, making them ideal for renters on a budget. As of June 25, 2026, the average rent in Brooklyn is $3,050, which is 1.7% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Sheepshead Bay
Average Rent
$2,180/Month
Year-Over-Year Rent Change
1.7%
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Brooklyn, Sheepshead Bay might be the perfect place! It has an average rent price of $2,180, while the city’s average stands at $3,050. In the last year, prices have increased by 1.7%. Sheepshead Bay is near Emmons Avenue, Sheepshead Bay, and Brooklyn College.
East New York
Average Rent
$2,328/Month
Year-Over-Year Rent Change
1.1%
Units Available
21 Rentals
East New York provides a range of affordable housing options without compromising on space or amenities. The neighborhood's numerous parks and recreational facilities, such as Linden Park or Brooklyn Bridge Park, cater to outdoor enthusiasts. Public transportation is readily also available, connecting residents to other parts of Brooklyn and beyond.
Flatbush-Ditmas Park
Average Rent
$3,002/Month
Year-Over-Year Rent Change
1.1%
Units Available
16 Rentals
Flatbush-Ditmas Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Flatbush-Ditmas Park is $3,002 while the city average is $3,050. This is a 1.1% difference from last year. Residents enjoy convenient access to John F Kennedy International, Cortelyou Road, and Triangle Junction.
Flatbush
Average Rent
$3,040/Month
Year-Over-Year Rent Change
1.5%
Units Available
44 Rentals
Flatbush is a neighborhood known for its cultural diversity, local eateries, and fun-filled festivals. It's home to the historic Kings Theatre and several parks, offering dynamic attractions within walking distance of ample affordable housing options.
Coney Island
Average Rent
$3,317/Month
Year-Over-Year Rent Change
0.1%
Units Available
32 Rentals
When you’re looking for a great Brooklyn neighborhood on a budget, check out Coney Island. The average rent is $3,317, compared to the city average of $3,050. Rent prices have decreased by 0.1%. Coney Island is convenient to 2875 W 8th St, Newark Liberty International, and Neptune Avenue.
East Flatbush
Average Rent
$3,359/Month
Year-Over-Year Rent Change
1.2%
Units Available
24 Rentals
East Flatbush presents a mix of affordable apartments and single-family homes, making it an ideal spot for budget-minded renters. The neighborhood's lively shopping districts and dining spots. such as Triangle Junction and the Atlantic Terminal Mall, offer plenty to explore.
Prospect Park
Average Rent
$3,582/Month
Year-Over-Year Rent Change
1%
Units Available
69 Rentals
Prospect Park is an affordable neighborhood in Brooklyn with an average rent price of $3,582. Compare this to the city average of $3,050. In the past year, rent prices have increased by 1%. Prospect Park provides easy access to John F Kennedy International, Brooklyn College, and Parkside Avenue.
Bushwick
Average Rent
$3,848/Month
Year-Over-Year Rent Change
2.3%
Units Available
180 Rentals
If you’re looking for a great, affordable neighborhood in Brooklyn, Bushwick might be the perfect place! It has an average rent price of $3,848, while the city’s average stands at $3,050. In the last year, prices have increased by 2.3%. Bushwick is near Utica Avenue, 303-319 Ralph Ave, and St. John's Park.
Bedford-Stuyvesant
Average Rent
$3,956/Month
Year-Over-Year Rent Change
1.6%
Units Available
160 Rentals
Bedford-Stuyvesant combines historical buildings with modern conveniences, making it an attractive choice for budget-conscious renters. Parks and community gardens like Herbert Von King Park dot the area, providing relaxing green spaces for residents. The neighborhood also boasts a variety of eateries, with Winona's, Fan-Fan Doughnuts, and Maya Congee Cafe being some local favorites.
Crown Heights
Average Rent
$3,995/Month
Year-Over-Year Rent Change
1.8%
Units Available
148 Rentals
Crown Heights is a neighborhood rich in cultural diversity, reflected in its food, music, and local festivals. It's home to the Brooklyn Museum and Brooklyn Botanic Garden, offering cultural and natural attractions within walking distance. Along with its culture, residents also love Crown Heights for its budget-friendly rental options.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.