DUMBO, Brooklyn, NY Rental Market Trends
What is the average rent in DUMBO?
The average rent for an apartment in DUMBO is $4,922. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in DUMBO, Brooklyn, NY
| Average Rent | Average Apartment Size |
|---|---|
| $4,922 | 708 sq. ft. |
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.
DUMBO, Brooklyn, NY Occupied Housing Units
21,365 or 64% of the households in DUMBO, Brooklyn, NY are renter-occupied while 11,776 or 36% are owner-occupied.
DUMBO, Brooklyn, NY rent trends
Average Rent in Brooklyn, NY By Neighborhood
| City | Average Rent |
|---|---|
| Boerum Hill | $5,105 |
| DUMBO | $4,922 |
| Greenpoint | $4,454 |
| Williamsburg | $4,425 |
| Downtown Brooklyn | $4,066 |
| 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 |
What are the most affordable neighborhoods in Brooklyn?
The most affordable neighborhoods in Brooklyn are Midwood, where the average rent goes for $1,892/month, Flatbush, where renters pay $2,048/mo on average, and Manhattan Beach, where the average rent goes for $2,066/mo. If you’re looking for other great deals, check out the listings from Gravesend ($2,107), Bedford-Stuyvesant ($2,145), and Brighton Beach ($2,199), where the asking prices are below the average Brooklyn rent of $3,447/mo.
What are the most expensive neighborhoods in Brooklyn?
The most expensive neighborhoods in Brooklyn are Greenpoint ($4,454), DUMBO ($4,922) and Boerum Hill ($5,105).
What are the most popular neighborhoods in Brooklyn?
The most popular neighborhood in Brooklyn is Bedford-Stuyvesant, where there are 13 listings with an average rent of $2,145. Next up is Williamsburg, where apartments go for $4,425/month, followed by Downtown Brooklyn with $4,066 If you’re looking to rent in Brooklyn’s most popular neighborhoods, make sure to also check out Flatbush, where renters pay $2,048 on average, and Fort Greene, where the average monthly rent is $3,636.
Brooklyn | Rent Comparison by Neighborhood
Rent in DUMBO is 129% higher than in Bedford-Stuyvesant
DUMBO rent is the same as Brooklyn average
Bedford-Stuyvesant rent is 56% lower than Brooklyn average
How Brooklyn Compares to Other Cities
| State | Average Rent |
|---|---|
| Brooklyn | $3,447 |
| New York City | $4,771 |
| Manhattan | $5,264 |
| Hudson Valley | $2,533 |
| Queens | $3,194 |
| Ithaca | $2,243 |
| Buffalo | $1,361 |
| Albany | $1,672 |
| White Plains | $3,314 |
| Amityville | $2,880 |
| Poughkeepsie | $2,090 |
| Jersey City, NJ | $3,702 |
| Newark, NJ | $1,692 |
| Hoboken, NJ | $4,422 |
| Bayonne, NJ | $2,574 |
| Elizabeth, NJ | $1,865 |
| Long Beach, NY | $3,773 |
| Linden, NJ | $2,087 |
| Union City, NJ | $2,132 |
| Valley Stream, NY | $2,387 |
Most Popular Apartments in Brooklyn
&cropxunits=300&cropyunits=154&width=480&quality=90)
.jpg?crop=(0,0,300,200)&cropxunits=300&cropyunits=200&width=480&quality=90)
461 Dean
461 Dean Street, Brooklyn, NY 11217| STUDIO | $3,395+ |
| 1 BED | $4,545 |
| 2 BEDS | N/A |
1515 Surf
1515 Surf Ave, Brooklyn, NY 11224| STUDIO | N/A |
| 1 BED | $3,130+ |
| 2 BEDS | $3,130+ |
.PNG?width=480&quality=90)
556 Willoughby Avenue
556 Willoughby Avenue, Brooklyn, NY 11206| STUDIO | $3,550 |
| 1 BED | $6,800 |