Cheap Homes for Rent in Park Slope Neighborhood of Brooklyn, NY from $1,600 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in the Park Slope area of Brooklyn.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 231 8th St

231 8th St

BrooklynNY11215

New York's Best Affordable Neighborhoods

Learn about New York and the best places to live with original content written by our Local Expert Joshua Carlucci

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property at 130 8th Ave

130 8th Ave

BrooklynNY11215
property at 481 4th Ave

481 4th Ave

BrooklynNY11215
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Park Slope, Brooklyn, NY Local Guide

Cheapest Available Park Slope Apartments for Rent

 

The cheapest available apartment rental in the Park Slope area of New York, NY is a Studio unit found at 38 6th Ave priced from $2,121. PLG has the second lowest priced unit, which is a Studio apartment currently listed from $2,562. Here are the most affordable Park Slope apartments for rent in New York, NY:

Apartment ListingModel NameBed/BathPriced From
38 6th AveStudio 1 BathStudio,1BA$2,121
PLGStudio / 1 BathroomStudio,1BA$2,562
874 Willoughby Ave1BED1BATH1BR,1BA$2,890
Prospect HouseStudioStudio,1BA$2,934
260 Gold14 Line 0 Bed 1 BathStudio,1BA$3,145

Best Value Apartments for Rent in Park Slope, NY

As of May 16, 2025 the best value apartment in the Park Slope area is the $3.14 price per square foot 3 BED 2 BATH Model at 714 5th Ave in the in the Park Slope neighborhood starting from $6,275. The second greatest value Park Slope apartment is the Studio / 1 Bathroom Model at 121 8th Ave. starting at $6,767 with a $4.67 price per square foot in the Prospect Heights neighborhood. Here is today’s list of the best values for Park Slope apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
714 5th Ave3 BED 2 BATH3BR,2BA$3.14
121 8th Ave.Studio / 1 BathroomStudio ,1BA$4.67
303 Flatbush Ave, Unit 2A303 Flatbush Ave3BR,2BA$5.90
354 Butler St, Unit New354 Butler StStudio ,1BA$2.11
38 6th Ave2 Bed 1 Bath2BR,1BA$3.81
10 Hanover SquareOne Bedroom w/Home Office F1BR,1BA$6.91
635 4th Avenue1 Bedroom / 1 Bathroom1BR,1BA$5.30
1134 Fulton StreetC Line 2 Bed 1 Bath2BR,1BA$7.02
The BrooklynerStudio C Line floor 5-50Studio ,1BA$6.62
PLGStudio / 1 BathroomStudio ,1BA$6.17

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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Frequently Asked Questions about Park Slope

What type of rentals are currently available in Park Slope?

There are currently 3114 Apartments for Rent in Park Slope, NY with pricing that ranges from $1,050 to $23,000. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Slope ranging from $1,685 to $18,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Slope ranges from $1,685 to $18,000 with an average monthly rent of $6,498.

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.

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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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.