Bay Ridge, Brooklyn, NY Rental Market Trends
Last updated: April 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Bay Ridge is $1,977, a 2.9% increase compared to the previous year, when the average rent was $1,922.
One-bedroom apartments provide 763 square feet for $1,981, balancing privacy and affordability.
Average rent in Bay Ridge, Brooklyn, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,977 | 785 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,981 | 763 sq. ft. |
| 2 Beds | n/a | n/a |
| 3 Beds | n/a | n/a |
Bay Ridge, Brooklyn, NY rent trends
Rental prices in Bay Ridge, Brooklyn, NY have increased by 2.9% over the past year. The average rent moved from $1,922 to $1,977.
What's the typical rent budget in Bay Ridge, Brooklyn, NY?
The largest share of rentals in Bay Ridge, Brooklyn, NY (73%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Bay Ridge, Brooklyn, NY?
23,179 or 66% of the households in Bay Ridge, Brooklyn, NY are renter-occupied while 12,162 or 34% are owner-occupied.
Most affordable neighborhoods in Bay Ridge?
Brownsville $1,864/month
Midwood $1,892/month
Bay Ridge $1,977/month
All of these neighborhoods fall below the city wide average of $4,685/month.Most expensive neighborhoods in Bay Ridge?
Greenpoint $5,531/month
DUMBO $5,974/month
Brooklyn Heights $6,162/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Brooklyn, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brooklyn Heights | $6,162 |
| DUMBO | $5,974 |
| Greenpoint | $5,531 |
| Williamsburg | $5,375 |
| Downtown Brooklyn | $5,213 |
| Boerum Hill | $5,105 |
| Fort Greene | $4,976 |
| Gowanus | $4,503 |
| Prospect Heights | $4,283 |
| Crown Heights | $3,894 |
| Clinton Hill | $3,826 |
| Bedford-Stuyvesant | $3,693 |
| Coney Island | $3,475 |
| Park Slope | $3,431 |
| Bushwick | $3,381 |
| Flatbush | $3,380 |
| Sheepshead Bay | $2,487 |
| Canarsie | $2,425 |
| Brighton Beach | $2,199 |
| East Flatbush | $2,187 |
| Gravesend | $2,107 |
| Bay Ridge | $1,977 |
| Midwood | $1,892 |
| Brownsville | $1,864 |
Brooklyn | Rent Comparison by Neighborhood
Rent in Bay Ridge is 46% lower than in Bedford-Stuyvesant
Bay Ridge rent is the same as Brooklyn average
Bedford-Stuyvesant rent is 87% higher than Brooklyn average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Bay Ridge apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.