Most Affordable Neighborhoods in Brooklyn, NY
Some of the cheapest neighborhoods in Brooklyn are East Flatbush, Coney Island, and Flatbush. These neighborhoods offer some of the lowest rent prices in Brooklyn, making them ideal for renters on a budget. As of November 25, 2024, the average rent in Brooklyn is $2,775, 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 Flatbush
Average Rent
$2,895/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
91/100
Units Available
26 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
$3,049/Month
Year-Over-Year Rent Change
4.5%
TransitScore® Rating
92/100
Units Available
50 Rentals
Coney Island is a top choice for budget-conscious renters for a variety of reasons. The average rent in Coney Island is $3,049 while the city average is $2,775. This is a -4.5% difference from last year. Residents enjoy convenient access to Caesar's Bay Shopping Center, Luna Park Shopping Center, and John F Kennedy International. The neighborhood is considered walkable with a WalkScore® of 84.
Flatbush
Average Rent
$3,072/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
93/100
Units Available
96 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.
Flatlands
Average Rent
$3,072/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
86/100
Units Available
26 Rentals
When you’re looking for a great Brooklyn neighborhood on a budget, check out Flatlands. The average rent is $3,072, compared to the city average of $2,775. Rent prices have increased by 0.8%. Flatlands is convenient to Avenue J, Pratt Institute, and Georgetowne Shopping Center. The community is walkable with a WalkScore® of 89.
Midwood
Average Rent
$3,096/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
91/100
Units Available
28 Rentals
Midwood is an affordable neighborhood in Brooklyn with an average rent price of $3,096. Compare this to the city average of $2,775. In the past year, rent prices have decreased by 2.6%. Midwood provides easy access to Wingate Park, Avenue H, and Medgar Evers College, CUNY. It’s a walkable neighborhood with a WalkScore® of 90.
Bushwick
Average Rent
$3,138/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
98/100
Units Available
50 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 $3,138, while the city’s average stands at $2,775. In the last year, prices have increased by 0.8%. Bushwick is near Laguardia, Medgar Evers College, CUNY, and Maria Hernandez Park.
Prospect Lefferts Gardens
Average Rent
$3,156/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
100/100
Units Available
29 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.
Flatbush-Ditmas Park
Average Rent
$3,298/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
100/100
Units Available
23 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 $3,298 while the city average is $2,775. This is a 0.8% difference from last year. Residents enjoy convenient access to Medgar Evers College, CUNY, Prospect Park Zoo, and Sears. The neighborhood is considered walkable with a WalkScore® of 91.
South Shore Brooklyn
Average Rent
$3,400/Month
Year-Over-Year Rent Change
1%
TransitScore® Rating
87/100
Units Available
186 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.
Crown Heights
Average Rent
$3,426/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
100/100
Units Available
20 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.