Park Slope, 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 Park Slope is $3,431, a 2.9% increase compared to the previous year, when the average rent was $3,334.
One-bedroom apartments provide 688 square feet for $3,365, balancing privacy and affordability.
Average rent in Park Slope, Brooklyn, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,431 | 687 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $3,365 | 688 sq. ft. |
| 2 Beds | n/a | n/a |
| 3 Beds | n/a | n/a |
Park Slope, Brooklyn, NY rent trends
Rental prices in Park Slope, Brooklyn, NY have increased by 2.9% over the past year. The average rent moved from $3,334 to $3,431.
What's the typical rent budget in Park Slope, Brooklyn, NY?
The largest share of rentals in Park Slope, Brooklyn, NY (59%) 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 Park Slope, Brooklyn, NY?
10,823 or 63% of the households in Park Slope, Brooklyn, NY are renter-occupied while 6,264 or 37% are owner-occupied.
Most affordable neighborhoods in Park Slope?
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 Park Slope?
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 Park Slope is 74% higher than in Bay Ridge
Park Slope rent is the same as Brooklyn average
Bay Ridge rent is 42% 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 Park Slope 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.