Most Affordable Neighborhoods in Brooklyn, NY

Some of the cheapest neighborhoods in Brooklyn are East New York, Sheepshead Bay, and Midwood. These neighborhoods offer some of the lowest rent prices in Brooklyn, making them ideal for renters on a budget. As of January 26, 2025, the average rent in Brooklyn is $2,810, which is 1.3% 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

$2,348/Month

Year-Over-Year Rent Change

9.3%

TransitScore® Rating

97/100

Units Available

28 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.

Sheepshead Bay

Average Rent

$2,784/Month

Year-Over-Year Rent Change

1.7%

TransitScore® Rating

81/100

Units Available

22 Rentals

Sheepshead Bay is a top choice for budget-conscious renters for a variety of reasons. The average rent in Sheepshead Bay is $2,784 while the city average is $2,810. This is a 1.7% difference from last year. Residents enjoy convenient access to Asser Levy Park, Kingsborough Community College, and Marine Park. The neighborhood is considered walkable with a WalkScore® of 93.

Midwood

Average Rent

$3,141/Month

Year-Over-Year Rent Change

0.2%

TransitScore® Rating

91/100

Units Available

27 Rentals

When you’re looking for a great Brooklyn neighborhood on a budget, check out Midwood. The average rent is $3,141, compared to the city average of $2,810. Rent prices have decreased by 0.2%. Midwood is convenient to Triangle Junction, Wingate Park, and Avenue J. The community is walkable with a WalkScore® of 90.

Coney Island

Average Rent

$3,231/Month

Year-Over-Year Rent Change

0.1%

TransitScore® Rating

92/100

Units Available

38 Rentals

Coney Island is an affordable neighborhood in Brooklyn with an average rent price of $3,231. Compare this to the city average of $2,810. In the past year, rent prices have increased by 0.1%. Coney Island provides easy access to Kingsborough Community College, Medgar Evers College, CUNY, and Luna Park Shopping Center. It’s a walkable neighborhood with a WalkScore® of 84.

Flatbush-Ditmas Park

Average Rent

$3,281/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

100/100

Units Available

22 Rentals

If you’re looking for a great, affordable neighborhood in Brooklyn, Flatbush-Ditmas Park might be the perfect place! It has an average rent price of $3,281, while the city’s average stands at $2,810. In the last year, prices have increased by 0.7%. Flatbush-Ditmas Park is near Brooklyn College, Medgar Evers College, CUNY, and Beverley Road (Q Line).

Crown Heights

Average Rent

$3,357/Month

Year-Over-Year Rent Change

0.6%

TransitScore® Rating

100/100

Units Available

25 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.

Prospect Lefferts Gardens

Average Rent

$3,357/Month

Year-Over-Year Rent Change

1%

TransitScore® Rating

100/100

Units Available

21 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.

Bushwick

Average Rent

$3,485/Month

Year-Over-Year Rent Change

1.8%

TransitScore® Rating

15/100

Units Available

59 Rentals

Bushwick is a top choice for budget-conscious renters for a variety of reasons. The average rent in Bushwick is $3,485 while the city average is $2,810. This is a 1.8% difference from last year. Residents enjoy convenient access to Pratt Institute, St. John's Park, and Long Island Univ., Brooklyn. The neighborhood is considered somewhat walkable with a WalkScore® of 54.

South Shore Brooklyn

Average Rent

$3,494/Month

Year-Over-Year Rent Change

0.7%

TransitScore® Rating

87/100

Units Available

171 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.

Flatbush

Average Rent

$3,622/Month

Year-Over-Year Rent Change

0.2%

TransitScore® Rating

93/100

Units Available

70 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.

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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.