Most Affordable Neighborhoods in Brooklyn, NY
Some of the cheapest neighborhoods in Brooklyn are Bushwick, Coney Island, and Midwood. These neighborhoods offer some of the lowest rent prices in Brooklyn, making them ideal for renters on a budget. As of December 26, 2024, the average rent in Brooklyn is $2,795, 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.
Bushwick
Average Rent
$3,056/Month
Year-Over-Year Rent Change
0.8%
TransitScore® Rating
98/100
Units Available
58 Rentals
When you’re looking for a great Brooklyn neighborhood on a budget, check out Bushwick. The average rent is $3,056, compared to the city average of $2,795. Rent prices have increased by 0.8%. Bushwick is convenient to Kingston-Throop Avenues, Kosciuszko Street, and Long Island Univ., Brooklyn. The community is walkable with a WalkScore® of 93.
Coney Island
Average Rent
$3,178/Month
Year-Over-Year Rent Change
4.3%
TransitScore® Rating
92/100
Units Available
49 Rentals
Coney Island is an affordable neighborhood in Brooklyn with an average rent price of $3,178. Compare this to the city average of $2,795. In the past year, rent prices have decreased by 4.3%. Coney Island provides easy access to Luna Park Shopping Center, Brooklyn College, and Coney Island-Stillwell Avenue. It’s a walkable neighborhood with a WalkScore® of 84.
Midwood
Average Rent
$3,231/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
91/100
Units Available
28 Rentals
If you’re looking for a great, affordable neighborhood in Brooklyn, Midwood might be the perfect place! It has an average rent price of $3,231, while the city’s average stands at $2,795. In the last year, prices have decreased by 0.2%. Midwood is near Kingsborough Community College, Saint Joseph's Coll, Brooklyn, and Bay Parkway (F Line).
Prospect Lefferts Gardens
Average Rent
$3,280/Month
Year-Over-Year Rent Change
1.2%
TransitScore® Rating
100/100
Units Available
19 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.
Flatlands
Average Rent
$3,307/Month
Year-Over-Year Rent Change
0.9%
TransitScore® Rating
86/100
Units Available
22 Rentals
Flatlands is a top choice for budget-conscious renters for a variety of reasons. The average rent in Flatlands is $3,307 while the city average is $2,795. This is a 0.9% difference from last year. Residents enjoy convenient access to Kingsborough Community College, Georgetowne Shopping Center, and Avenue J. The neighborhood is considered walkable with a WalkScore® of 89.
Crown Heights
Average Rent
$3,391/Month
Year-Over-Year Rent Change
0.6%
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.
South Shore Brooklyn
Average Rent
$3,506/Month
Year-Over-Year Rent Change
0.4%
TransitScore® Rating
87/100
Units Available
172 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.
Southwest Brooklyn
Average Rent
$3,722/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
89/100
Units Available
136 Rentals
When you’re looking for a great Brooklyn neighborhood on a budget, check out Southwest Brooklyn. The average rent is $3,722, compared to the city average of $2,795. Rent prices have increased by 0.6%. Southwest Brooklyn is convenient to Fairmont Mall, Red Hook Park, and Sunset Park. The community is walkable with a WalkScore® of 91.
Windsor Terrace
Average Rent
$3,722/Month
Year-Over-Year Rent Change
6.1%
TransitScore® Rating
96/100
Units Available
18 Rentals
Windsor Terrace is an affordable neighborhood in Brooklyn with an average rent price of $3,722. Compare this to the city average of $2,795. In the past year, rent prices have increased by 6.1%. Windsor Terrace provides easy access to Fort Hamilton Parkway (F,G Line), Sears, and Church Avenue (F,G Line). It’s a walkable neighborhood with a WalkScore® of 91.
Flatbush
Average Rent
$3,733/Month
Year-Over-Year Rent Change
0.2%
TransitScore® Rating
93/100
Units Available
81 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.