What is the average apartment size in DUMBO, Brooklyn, NY?

The average size for a DUMBO, Brooklyn, NY apartment is 708 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.

What is the average rent in DUMBO?

As of May / 2025, the average rent in DUMBO is $4,922 per month, a 2.78% decrease from last year’s average of $5,062.

What is the average apartment size in DUMBO?

The typical apartment in DUMBO offers about 708 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

DUMBO, Brooklyn, NY Rental Market Trends

Q: Do most people rent or own in DUMBO?

In DUMBO, 64% of households rent while 36% own their homes, based on the latest U.S. Census data.

Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in DUMBO is $4,922, a 2.78% decrease compared to the previous year, when the average rent was $5,062.

One-bedroom apartments provide 645 square feet for $4,847, balancing privacy and affordability.

Two-beedroom units at $5,594 offer 884 square feet, perfect for roommates or small families.

Average rent in DUMBO, Brooklyn, NY

Last updated: October 19, 2025

	Average Rent	Average Apartment Size
All Rentals	$4,922	708 sq. ft.
Studio	n/a	n/a
1 Bed	$4,847	645 sq. ft.
2 Beds	$5,594	884 sq. ft.
3 Beds	n/a	n/a

DUMBO, Brooklyn, NY rent trends

Rental prices in DUMBO, Brooklyn, NY have decreased by 2.78% over the past year. The average rent moved from $5,062 to $4,922.

Do most people rent or own in DUMBO, Brooklyn, NY?

21,365 or 64% of the households in DUMBO, Brooklyn, NY are renter-occupied while 11,776 or 36% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

Most affordable neighborhoods in DUMBO?

Midwood $1,892/month

Flatbush $2,048/month

Manhattan Beach $2,066/month

All of these neighborhoods fall below the city wide average of $4,470/month.

Most expensive neighborhoods in DUMBO?

DUMBO $4,922/month

Greenpoint $4,924/month

Boerum Hill $5,105/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Brooklyn, NY By Neighborhood

Neighborhood	Average Rent
Boerum Hill	$5,105
Greenpoint	$4,924
DUMBO	$4,922
Downtown Brooklyn	$4,657
Williamsburg	$3,744
Fort Greene	$3,636
Prospect - Lefferts Gardens	$3,315
Prospect Park South	$2,639
Sheepshead Bay	$2,487
Kensington	$2,374
Brighton Beach	$2,199
Bedford-Stuyvesant	$2,145
Gravesend	$2,107
Manhattan Beach	$2,066
Flatbush	$2,048
Midwood	$1,892

Brooklyn | Rent Comparison by Neighborhood

Rent in DUMBO is 129% higher than in Bedford-Stuyvesant

$4,922

DUMBO rent is the same as Brooklyn average

Average Rent $4,922

$2,145

Bedford-Stuyvesant rent is 56% lower than Brooklyn average

Average Rent $2,145

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 DUMBO 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.