Brooklyn, NY Rental Market Trends
What is the average rent in Brooklyn?
The average rent for an apartment in Brooklyn is $3,124. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Brooklyn, NY
|Average Rent||Average Apartment Size|
|$3,124||654 sq. ft.|
What is the average apartment size in Brooklyn?
The average size for a Brooklyn, NY apartment is 654 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
372,072 or 38% of the households in Brooklyn, NY are renter-occupied while 583,790 or 61% are owner-occupied.
Brooklyn, NY Rent Trends
|Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021||Nov / 2021||Feb / 2022|
Average Rent in Brooklyn, NY By Neighborhood
|Columbia Street Waterfront District||$3,783|
|Brooklyn Navy Yard||$3,632|
|Prospect - Lefferts Gardens||$2,276|
|Prospect Park South||$2,071|
|Floyd Bennett Field||$1,831|
|Old Mill Basin||$1,831|
What are the most affordable neighborhoods in Brooklyn?
The most affordable neighborhoods in Brooklyn are Gerritsen Beach, where the average rent goes for $1,748/month, Madison, where renters pay $1,748/mo on average, and Marine Park, where the average rent goes for $1,750/mo. If you’re looking for other great deals, check out the listings from Bergen Beach ($1,831), Flatlands ($1,831), and Floyd Bennett Field ($1,831), where the asking prices are below the average Brooklyn rent of $3,124/mo.
What are the most expensive neighborhoods in Brooklyn?
What are the most popular neighborhoods in Brooklyn?
The most popular neighborhood in Brooklyn is Prospect Heights, where there are 9 verified RentCafe listings with an average rent of $3,862. Next up is Williamsburg, where apartments go for $3,796/month, followed by Bushwick with $3,233 If you’re looking to rent in Brooklyn’s most popular neighborhoods, make sure to also check out Bedford-Stuyvesant, where renters pay $3,010 on average, and Park Slope, where the average monthly rent is $3,930.
Brooklyn | Rent Comparison by Neighborhood
Rent in Bath Beach is 36% lower than in Bedford-Stuyvesant
Bath Beach rent is 39% lower than Brooklyn average
Bedford-Stuyvesant rent is 4% lower than Brooklyn average
How Brooklyn Compares to Other Cities
|New York City||$3,977|