Coney Island, Brooklyn, NY Rental Market Trends
Last updated: April 23, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Coney Island is $3,475, a 25.34% increase compared to the previous year, when the average rent was $2,773.
Studio Apartments at $1,373 offer the most budget-friendly option with 458 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 650 square feet for $3,056, balancing privacy and affordability.
Two-beedroom units at $3,785 offer 1,073 square feet, perfect for roommates or small families.
Average rent in Coney Island, Brooklyn, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,475 | 891 sq. ft. |
| Studio | $1,373 | 458 sq. ft. |
| 1 Bed | $3,056 | 650 sq. ft. |
| 2 Beds | $3,785 | 1,073 sq. ft. |
| 3 Beds | n/a | n/a |
Coney Island, Brooklyn, NY rent trends
Rental prices in Coney Island, Brooklyn, NY have increased by 25.34% over the past year. The average rent moved from $2,773 to $3,475.
What's the typical rent budget in Coney Island, Brooklyn, NY?
The largest share of rentals in Coney Island, Brooklyn, NY (84%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Coney Island, Brooklyn, NY?
10,585 or 72% of the households in Coney Island, Brooklyn, NY are renter-occupied while 4,174 or 28% are owner-occupied.
Most affordable neighborhoods in Coney Island?
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 Coney Island?
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 Coney Island is 76% higher than in Bay Ridge
Coney Island rent is the same as Brooklyn average
Bay Ridge rent is 43% lower 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 Coney Island 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.