Best Affordable Neighborhoods in Brooklyn, NY

Some of the cheapest neighborhoods in Brooklyn are East New York, Flatbush-Ditmas Park, and Flatbush. These neighborhoods offer some of the lowest rent prices in Brooklyn, making them ideal for renters on a budget. As of March 26, 2026, the average rent in Brooklyn is $2,996, which is 1.5% 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.

East New York

Average Rent

$2,208/Month

Year-Over-Year Rent Change

0.9%

Units Available

19 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

$2,534/Month

Year-Over-Year Rent Change

1.1%

Units Available

12 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 $2,534 while the city average is $2,996. This is a 1.1% difference from last year. Residents enjoy convenient access to Brooklyn College, Beverly Road (2,5 Line), and Pratt Institute.

Flatbush

Average Rent

$2,753/Month

Year-Over-Year Rent Change

0.8%

Units Available

43 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.

South Shore Brooklyn

Average Rent

$2,917/Month

Year-Over-Year Rent Change

1.1%

Units Available

61 Rentals

Known for its waterfront views and outdoor recreational opportunities, South Shore Brooklyn offers a one-of-a-kind living experience. Along with its affordable housing options, this area is home to several parks and marinas, providing residents with plenty of options for fun-filled outdoor activities.

Prospect Lefferts Gardens

Average Rent

$2,990/Month

Year-Over-Year Rent Change

0.9%

Units Available

10 Rentals

Renters searching for affordability and proximity to Prospect Park will fall in love with Prospect Lefferts Gardens. The area features beautiful early 20th-century architecture and a tight-knit community feel, giving renters the dream living experience for an affordable price.

Sheepshead Bay

Average Rent

$2,994/Month

Year-Over-Year Rent Change

2.1%

Units Available

26 Rentals

When you’re looking for a great Brooklyn neighborhood on a budget, check out Sheepshead Bay. The average rent is $2,994, compared to the city average of $2,996. Rent prices have increased by 2.1%. Sheepshead Bay is convenient to LaGuardia, Asser Levy Park, and Kings Highway (B,Q Line).

East Flatbush

Average Rent

$3,138/Month

Year-Over-Year Rent Change

1%

Units Available

21 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.

Coney Island

Average Rent

$3,210/Month

Year-Over-Year Rent Change

0.8%

Units Available

26 Rentals

Coney Island is an affordable neighborhood in Brooklyn with an average rent price of $3,210. Compare this to the city average of $2,996. In the past year, rent prices have increased by 0.8%. Coney Island provides easy access to Brooklyn College, Coney Island-Stillwell Avenue, and John F Kennedy International.

Bushwick

Average Rent

$3,980/Month

Year-Over-Year Rent Change

1.8%

Units Available

241 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 $3,980, while the city’s average stands at $2,996. In the last year, prices have increased by 1.8%. Bushwick is near Utica Avenue, Long Island Univ., Brooklyn, and Pratt Institute.

Bedford-Stuyvesant

Average Rent

$4,151/Month

Year-Over-Year Rent Change

1.1%

Units Available

210 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.

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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.