Downtown Brooklyn, 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 Downtown Brooklyn is $5,213, a 15.77% increase compared to the previous year, when the average rent was $4,503.
Studio Apartments at $4,016 offer the most budget-friendly option with 480 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 701 square feet for $4,959, balancing privacy and affordability.
Two-beedroom units at $7,202 offer 986 square feet, perfect for roommates or small families.
Average rent in Downtown Brooklyn, Brooklyn, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $5,213 | 711 sq. ft. |
| Studio | $4,016 | 480 sq. ft. |
| 1 Bed | $4,959 | 701 sq. ft. |
| 2 Beds | $7,202 | 986 sq. ft. |
| 3 Beds | n/a | n/a |
Downtown Brooklyn, Brooklyn, NY rent trends
Rental prices in Downtown Brooklyn, Brooklyn, NY have increased by 15.77% over the past year. The average rent moved from $4,503 to $5,213.
Do most people rent or own in Downtown Brooklyn, Brooklyn, NY?
8,036 or 64% of the households in Downtown Brooklyn, Brooklyn, NY are renter-occupied while 4,430 or 36% are owner-occupied.
Most affordable neighborhoods in Downtown Brooklyn?
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 Downtown Brooklyn?
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 Downtown Brooklyn is 164% higher than in Bay Ridge
Downtown Brooklyn rent is the same as Brooklyn average
Bay Ridge rent is 62% 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 Downtown Brooklyn 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.