Brooklyn, NY Rental Market Trends

What is the average rent in Brooklyn?

The average rent for an apartment in Brooklyn is $3,350. The cost of rent varies depending on several factors, including location, size, and quality.

Average rent in Brooklyn, NY

Last updated July 2023

Average Rent	Average Apartment Size
$3,350	650 sq. ft.

What is the average apartment size in Brooklyn?

The average size for a Brooklyn, NY apartment is 650 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Brooklyn, NY apartment rent ranges

Brooklyn, NY Occupied Housing Units

660,051 or 69% of the households in Brooklyn, NY are renter-occupied while 292,469 or 31% are owner-occupied.

Brooklyn, NY rent trends

Access comprehensive real estate data and information on Yardi Matrix

Average Rent in Brooklyn, NY By Neighborhood

Neighborhood	Average Rent
Greenpoint	$4,847
Boerum Hill	$4,163
Brooklyn Heights	$4,160
Cobble Hill	$4,160
Columbia Street Waterfront District	$4,160
Downtown Brooklyn	$4,160
DUMBO	$4,160
Vinegar Hill	$4,160
Fort Greene	$4,079
Gowanus	$4,064
Park Slope	$4,064
Williamsburg	$4,033
Prospect Heights	$4,004
Brooklyn Navy Yard	$3,789
Greenwood Heights	$3,573
Bushwick	$3,427
Bedford-Stuyvesant	$3,121
Wingate	$3,114
Prospect Park	$3,098
Clinton Hill	$3,004
Windsor Terrace	$2,721
Crown Heights	$2,623
Brighton Beach	$2,498
Manhattan Beach	$2,498
Prospect - Lefferts Gardens	$2,415
Sheepshead Bay	$2,409
East Flatbush	$2,370
Flatbush	$2,197
Canarsie	$2,180
Prospect Park South	$2,176
Ditmas Park	$2,120
Borough Park	$2,005
Kensington	$1,994
Fiske Terrace	$1,991
Midwood	$1,991
Gravesend	$1,979
Bath Beach	$1,914
Bensonhurst	$1,914
Homecrest	$1,905
Bergen Beach	$1,830
Flatlands	$1,830
Floyd Bennett Field	$1,830
Georgetown	$1,830
Mill Basin	$1,830
Old Mill Basin	$1,830
Plumb Beach	$1,830
Gerritsen Beach	$1,808
Madison	$1,808
Marine Park	$1,808

What are the most affordable neighborhoods in Brooklyn?

The most affordable neighborhoods in Brooklyn are Gerritsen Beach, where the average rent goes for $1,808/month, Madison, where renters pay $1,808/mo on average, and Marine Park, where the average rent goes for $1,808/mo. If you’re looking for other great deals, check out the listings from Bergen Beach ($1,830), Flatlands ($1,830), and Floyd Bennett Field ($1,830), where the asking prices are below the average Brooklyn rent of $3,350/mo.

What are the most expensive neighborhoods in Brooklyn?

The most expensive neighborhoods in Brooklyn are Vinegar Hill ($4,160), Boerum Hill ($4,163) and Greenpoint ($4,847).

What are the most popular neighborhoods in Brooklyn?

The most popular neighborhood in Brooklyn is Bedford-Stuyvesant, where there are 11 listings with an average rent of $3,121. Next up is Clinton Hill, where apartments go for $3,004/month, followed by Bushwick with $3,427 If you’re looking to rent in Brooklyn’s most popular neighborhoods, make sure to also check out Crown Heights, where renters pay $2,623 on average, and Greenpoint, where the average monthly rent is $4,847.

Brooklyn | Rent Comparison by Neighborhood

Rent in Bath Beach is 39% lower than in Bedford-Stuyvesant

$1,914

Bath Beach rent is 43% lower than Brooklyn average

Average Rent	$1,914

$3,121

Bedford-Stuyvesant rent is 7% lower than Brooklyn average

Average Rent	$3,121

How Brooklyn Compares to Other Cities

City	Average Rent
Manhattan	$4,742
Hudson Valley	$2,215
Jersey City	$3,562
Brooklyn	$3,350
Bronx	$1,787
Buffalo	$1,289
Albany	$1,603
Ithaca	$2,034
Newark	$1,465
Queens	$2,902
Stamford	$2,867
East Orange	$1,645
Yonkers	$2,457
Syracuse	$1,472
Amityville	$2,453
Elizabeth	$1,678
Hoboken	$4,257
Bayonne	$2,426
New Rochelle	$2,530
White Plains	$3,056
Linden	$1,830

What is the average price for a storage unit in Brooklyn?

The average rent for a non-climate-controlled 10'x10' storage unit in Brooklyn is $340.99. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.