Average Rent in Brooklyn, New York, NY

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Current Versus Historical Brooklyn, New York, NY Rents

Brooklyn rentals average $3,425 for a studio rental to $5,150 for a 4-bedroom rental. The median price of all currently available listings is $3,835, or roughly $5 per square feet.
For the apartment units and housing in September 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $16 (0.47%) year-over-year from $3,334 to $3,350. 1-bedroom rentals prices have decreased by $85 (-2.21%) year-over-year from $3,835 to $3,750. 2-bedroom rentals prices have decreased by $246 (-5.75%) year-over-year from $4,283 to $4,037. 3-bedroom rentals prices have increased by $202 (4.69%) year-over-year from $4,298 to $4,500. 4-bedroom rentals prices have decreased by $163 (-2.94%) year-over-year from $5,563 to $5,400. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 1.22% this month. 1-bedroom rents have gone up by 0.01% this month. 2-bedroom rents have gone down by 0.21% this month. 3-bedroom rents have gone up by 3.47% this month. 4-bedroom rents have gone up by 2.21% this month.
Beds
Price / Sqft
Sep 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.76 $3,350 $3,334 (0.47%) $2,567 (30.52%)
1 BR $5.95 $3,750 $3,835 (-2.21%) $2,700 (38.89%)
2 BR $4.86 $4,037 $4,283 (-5.75%) $2,669 (51.24%)
3 BR $3.60 $4,500 $4,298 (4.69%) $2,867 (56.98%)
4+ BR $4.00 $5,400 $5,563 (-2.94%) $3,755 (43.80%)

Historical Rents in Brooklyn, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Brooklyn

There are a total of 21 cities nearby Brooklyn. The average rent in Brooklyn is currently $3,200 per month. A total of 15 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,100, is the most affordable city nearby. In contrast, the most expensive city near Brooklyn, New York, NY is Westport, CT. Monthly rents here are on average $8,000 per month.

Let's compare Brooklyn, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Brooklyn, New York, NY is 46.05% more expensive than other cities nearby. One bedrooms are about 38.61% more expensive. Two bedrooms in Brooklyn, New York, NY are about 25.32% more expensive. Finally, rent for three bedrooms are about 6.25% more expensive. Want more information? Check out the top 10 cities out of 21 total cities near Brooklyn, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Asbury Park, NJ $1,875 $2,250 $2,800 $2,650
Ocean Grove, NJ $1,600 $1,900 $2,100 $2,773
Yonkers, NY $2,100 $2,450 $2,800 $2,850
Long Beach, NY $2,050 $2,450 $3,225 $3,500
White Plains, NY $1,988 $2,600 $3,900 $3,500
Glen Cove, NY $2,100 $3,150 $3,750 $3,650
New Rochelle, NY $2,230 $3,000 $4,150 $3,723
Harrison, NY $2,640 $3,053 $3,803 $3,878
Long Branch, NJ N/A $2,800 $3,550 $3,950
New York, NY $3,495 $4,230 $5,250 $4,395

Top Neighborhoods Near Brooklyn

There are a total of 53 neighborhoods in or near Brooklyn. Some of these neighborhoods include Flatbush, Bedford-Stuyvesant, and East Harlem. We've included the top 30 neighborhoods out of 53 total neighborhoods in or near Brooklyn, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Brooklyn, New York, NY is currently around $4,385 per month. A total of 18 neighborhoods have a lower average rent. Meaning, only twelve neighborhoods have a higher average rent than $4,385. Interestingly, the neighborhoods' average rent is higher than Brooklyn's average rent, which is only $3,835. Out of all the neighborhoods in or near Brooklyn, East Side has the most affordable average rent at $2,292 per month. Whereas, at $8,000 average rent per month, Ocean Beach is the most expensive neighborhood in or near Brooklyn. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Flatbush, New York, NY $2,649 $2,753 $3,088 $3,050
Bedford-Stuyvesant, New York, NY $3,000 $2,995 $3,000 $3,200
East Harlem, New York, NY $2,600 $2,995 $3,295 $3,325
Harlem, New York, NY $2,635 $2,995 $3,400 $3,395
Bushwick, New York, NY $3,020 $2,887 $3,400 $3,490
West Harlem, New York, NY $2,675 $3,026 $3,416 $3,500
Crown Heights, New York, NY $2,669 $3,104 $3,500 $3,500
Upper East Side, New York, NY $2,825 $3,800 $4,798 $4,100
Long Island City, New York, NY $3,379 $4,080 $6,100 $4,149
Murray Hill, New York, NY $3,475 $4,175 $6,782 $4,195
Downtown Brooklyn, New York, NY $3,474 $4,250 $5,818 $4,322
Prospect Heights, New York, NY $3,625 $4,495 $6,293 $4,350
Financial District, New York, NY $3,525 $4,652 $6,450 $4,385
Midtown, New York, NY $3,500 $4,000 $6,750 $4,395
NoLita, New York, NY $3,248 $4,295 $5,995 $4,495
Midtown East, New York, NY $3,375 $4,400 $5,995 $4,500
Hell's Kitchen, New York, NY $3,500 $4,075 $5,273 $4,500
West Village, New York, NY $4,375 $4,695 $6,700 $4,675
Williamsburg, New York, NY $3,935 $4,468 $4,800 $4,767
Greenwich Village, New York, NY $4,375 $5,475 $5,105 $4,825
Upper West Side, New York, NY $3,295 $4,500 $7,087 $4,950
Hudson Yards, New York, NY $3,718 $4,595 $6,900 $4,950
Kips Bay, New York, NY $3,750 $4,277 $5,295 $4,995
East Village, New York, NY $3,150 $3,750 $4,995 $4,995
Chelsea, New York, NY $3,850 $5,594 $8,195 $5,351
Little Italy, New York, NY $3,500 $4,425 $5,250 $5,395
Lower East Side, New York, NY $3,575 $3,213 $4,995 $5,395
Gramercy Park, New York, NY $3,985 $5,295 $5,495 $5,495
NoMad, New York, NY $4,444 $5,608 $8,314 $5,812
Tribeca, New York, NY $4,650 $6,500 $9,090 $7,555

Top Counties Near Brooklyn

There are a total of 53 counties located by Brooklyn, New York, NY. Some of these counties include Yonkers, NY, Edison, NJ, and Bronx, New York, NY. The average rent for rentals in these counties is $3,333. That's roughly around $3 per sqft. A total of 24 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,100. Vice versa, with an average rent of $8,000, Westport, CT is the most expensive county by Brooklyn, New York, NY.

Typically, rent for studios in Brooklyn, New York, NY is 51.64% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Brooklyn, New York, NY is 35.41% more expensive than other counties nearby. Finally, rent for two bedrooms in Brooklyn, New York, NY is 20.85% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Yonkers, NY $2,100 $2,450 $2,800 $2,850
Edison, NJ N/A $2,223 $2,700 $2,950
Bronx, New York, NY $2,367 $2,575 $3,064 $3,189
Queens, New York, NY $2,778 $2,914 $3,500 $3,300
Long Beach, NY $2,050 $2,450 $3,225 $3,500
Hempstead, NY $2,100 $2,500 $3,250 $3,500
New Rochelle, NY $2,230 $3,000 $4,150 $3,723
Long Branch, NJ N/A $2,800 $3,550 $3,950
North Hempstead, NY N/A $2,775 $4,123 $4,600
Manhattan, New York, NY $3,525 $4,395 $5,600 $4,605

Top Zipcodes Near Brooklyn

There are a total of 5 zipcodes in or near Brooklyn, New York, NY. The average rent for all of these zipcodes is $4,209. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10035, New York, NY at $3,100 per month. In comparison, the zipcode with the most expensive average rent of $5,155 per month is 10280, New York, NY.

Studios in these zipcodes have an average rent of $2,875. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Brooklyn, New York, NY is $3,703 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,115 per month. Which comes out to $7 per sqft. The following chart includes the top 5 zipcodes in Brooklyn, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
10128, New York, NY $2,875 $3,703 $5,115 $4,209
10023, New York, NY $3,200 $4,650 $7,595 $4,593
11375, New York, NY $2,633 $2,995 $3,755 $3,440
10280, New York, NY $3,983 $4,800 $7,413 $5,155
10035, New York, NY $1,979 $2,490 $3,616 $3,100

Frequently Asked Questions - Brooklyn Average Rents

What is the average rent price in Brooklyn, New York, NY?
The average monthly rental price for Brooklyn, New York, NY apartments for rent is approximately $3,835. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Brooklyn, New York, NY rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Brooklyn, New York, NY.
How much is a studio apartment in Brooklyn, New York, NY?
The average monthly rental price for studio apartments is $3,425 and an average price per square feet of $6.76. There are a total of 368 studio apartment listings currently available for rent in Brooklyn.
How much is a one bedroom apartment in Brooklyn, New York, NY?
The average monthly rental price for one bedroom apartments is $3,836 and an average price per square feet of $5.95. There are a total of 875 one bedroom apartment listings currently available for rent in Brooklyn.
How much is a two bedroom apartment in Brooklyn, New York, NY?
The average monthly rental price for two bedroom apartments is $3,950 and an average price per square feet of $4.86. There are a total of 992 two bedroom apartment listings currently available for rent in Brooklyn.
How have rent prices in Brooklyn, New York, NY changed this year?
Rent prices for rentals in Brooklyn, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.02%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by 0.05% year-over-year.
What is a reasonable rent price in Brooklyn, New York, NY?
A reasonable rent price in Brooklyn, New York, NY is around $3,068/month. You can search for these reasonably priced rental listings on RentHop.
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