661 Brooklyn Ave
BrooklynNY11203
Cheap Apartments for Rent in the Prospect Park Neighborhood of Brooklyn, NY from $600 (178 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Brooklyn.
451 Franklin Ave
BrooklynNY11238
448 Empire Blvd
BrooklynNY11225
102 Rogers Ave
BrooklynNY11216
1131 President St
BrooklynNY11225
100 Rogers Ave
BrooklynNY11216
705 St Marks Ave
BrooklynNY11216
404 5th St
BrooklynNY11215
864 Nostrand Ave
BrooklynNY11225
591 Franklin Ave
BrooklynNY11238
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Learn about New York and the best places to live with original content written by our Local Expert Joshua Carlucci
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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 | $3,215 | $1,800 | $10,000+ |
| Prospect Park 1 Bedroom Apartments | $3,422 | $1,600 | $6,720 |
| Prospect Park 2 Bedroom Apartments | $4,305 | $1,800 | $10,000+ |
| Prospect Park 3 Bedroom Apartments | $3,760 | $1,050 | $10,000+ |
| Prospect Park 4 Bedroom Apartments | $2,042 | $970 | $10,000+ |
| Prospect Park 5 Bedroom Apartments | $1,728 | $1,160 | $6,000 |
Browse Apartments in this Neighborhood
There are currently 178 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 Ventnor Flatz priced from $830. 38 6th Ave has the second lowest priced unit, which is a Studio apartment currently listed from $2,121. Here are the most affordable Prospect Park apartments for rent in New York, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ventnor Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $830 |
| 38 6th Ave | Studio 1 Bath | Studio,1BA | $2,121 |
| 535 Carlton Ave | Studio 1 Bath | Studio,1BA | $2,169 |
Best Value Apartments for Rent in Prospect Park, NY
As of April 06, 2025 the best value apartment in the Prospect Park area is the $3.33 price per square foot 1241 Prospect Ave Model at 1241 Prospect Ave, Unit 1 in the in the Park Slope neighborhood starting from $5,995. The second greatest value Prospect Park apartment is the 1157 Flatbush Ave Model at 1157 Flatbush Ave, Unit F1 starting at $2,400 with a $2.00 price per square foot in the Prospect Park 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. |
|---|---|---|---|
| 1241 Prospect Ave, Unit 1 | 1241 Prospect Ave | 3BR,1BA | $3.33 |
| 1157 Flatbush Ave, Unit F1 | 1157 Flatbush Ave | 2BR,1BA | $2.00 |
| 397 Herkimer St, Unit 2 | 397 Herkimer St | 4BR,2BA | $3.27 |
| 178 Quincy St, Unit 2 | 178 Quincy St | 3BR,2BA | $3.40 |
| 106 E 45th St, Unit 2 | 106 E 45th St | 3BR,1BA | $3.55 |
| 1203 38th St, Unit 2 | 1203 38th St | 2BR,1BA | $2.79 |
| 354 Butler St, Unit New | 354 Butler St | Studio ,1BA | $2.11 |
| Ventnor Flatz | 2 Bedroom/1 Bath | 2BR,1BA | $0.98 |
| 385 Macon St, Unit 2 | 385 Macon St | 1BR,1BA | $3.33 |
| 1253 66th St, Unit 2 | 1253 66th St | 2BR,1BA | $2.67 |
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Pet Friendly LifestyleProspect Park, Brooklyn, NY
Ranked #95
Among neighborhoods in Brooklyn, NY 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
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 38 6th Ave listed at $2,121.
How much is rent for a Cheap One Bedroom Prospect Park Apartment?
The lowest price for a Cheap One Bedroom Prospect Park Apartment is $2,680 at 535 Carlton 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 $830 at Ventnor Flatz.
What is the most affordable Prospect Park Three Bedroom Apartment?
The best deal on a cheap Prospect Park Three Bedroom Apartment rental is at 860 Nostrand Ave and starts from $3,621.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.