Average Rent in Brooklyn, New York, NY

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Current Versus Historical Brooklyn, New York, NY Rents

Brooklyn rentals average $3,400 for a studio rental to $5,275 for a 4-bedroom rental. The median price of all currently available listings is $3,850, or roughly $5 per square feet.
For the apartment units and housing in December 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $63 (1.91%) year-over-year from $3,312 to $3,375. 1-bedroom rentals prices have decreased by $164 (-4.35%) year-over-year from $3,764 to $3,600. 2-bedroom rentals prices have decreased by $63 (-1.44%) year-over-year from $4,383 to $4,320. 3-bedroom rentals prices have decreased by $45 (-1.11%) year-over-year from $4,045 to $4,000. 4-bedroom rentals prices have increased by $320 (6.61%) year-over-year from $4,831 to $5,150. 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 up by 1.53% this month. 1-bedroom rents have gone up by 0.80% this month. 2-bedroom rents have gone up by 0.10% this month. 3-bedroom rents have gone down by 8.19% this month. 4-bedroom rents have gone up by 3.88% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.83 $3,375 $3,312 (1.91%) $2,650 (27.36%)
1 BR $5.80 $3,600 $3,764 (-4.35%) $2,727 (32.03%)
2 BR $4.97 $4,320 $4,383 (-1.44%) $2,812 (53.61%)
3 BR $3.75 $4,000 $4,045 (-1.11%) $3,000 (33.33%)
4+ BR $3.92 $5,150 $4,831 (6.61%) $3,917 (31.49%)

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 18 cities nearby Brooklyn. The average rent in Brooklyn is currently $3,413 per month. A total of 10 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,175, is the most affordable city nearby. In contrast, the most expensive city near Brooklyn, New York, NY is Spring Lake, NJ. Monthly rents here are on average $10,000 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 47.79% more expensive than other cities nearby. One bedrooms are about 31.31% more expensive. Two bedrooms in Brooklyn, New York, NY are about 17.89% more expensive. Finally, rent for three bedrooms are about 5.72% more affordable. Want more information? Check out the top 10 cities out of 18 total cities near Brooklyn, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $2,700 $1,538 $2,275 $2,350
Asbury Park, NJ $1,750 $2,200 $2,800 $2,750
Yonkers, NY $1,900 $2,175 $2,663 $2,843
White Plains, NY $2,250 $2,625 $3,548 $3,300
Ocean Grove, NJ N/A $3,050 $2,798 $3,325
Long Beach, NY $1,925 $2,573 $3,350 $3,500
Long Branch, NJ N/A $3,100 $3,800 $3,900
New York, NY $3,405 $4,172 $5,000 $4,200
New Rochelle, NY $1,800 $2,850 $4,419 $4,349
Harrison, NY $2,745 $3,020 $4,197 $4,370

Top Neighborhoods Near Brooklyn

There are a total of 57 neighborhoods in or near Brooklyn. Some of these neighborhoods include Flatbush, East Harlem, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 57 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 $4,300 per month. A total of 19 neighborhoods have a lower average rent. Meaning, only eleven neighborhoods have a higher average rent than $4,300. Interestingly, the neighborhoods' average rent is higher than Brooklyn's average rent, which is only $3,850. Out of all the neighborhoods in or near Brooklyn, East Side has the most affordable average rent at $2,250 per month. Whereas, at $12,000 average rent per month, SoHo 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 $2,556 $2,715 $3,099 $2,991
East Harlem, New York, NY $2,450 $2,900 $3,195 $3,200
Bedford-Stuyvesant, New York, NY $2,500 $2,850 $3,100 $3,200
Bushwick, New York, NY $2,795 $2,900 $3,300 $3,300
Harlem, New York, NY $2,575 $2,839 $3,195 $3,399
Central Harlem, New York, NY $2,650 $2,800 $3,200 $3,400
Crown Heights, New York, NY $2,657 $2,948 $4,026 $3,499
West Harlem, New York, NY $2,550 $2,825 $2,995 $3,500
Long Island City, New York, NY $3,280 $3,750 $5,715 $3,871
Murray Hill, New York, NY $3,325 $4,150 $6,500 $3,900
Upper East Side, New York, NY $3,349 $4,094 $5,000 $4,000
Hell's Kitchen, New York, NY $3,440 $4,061 $5,156 $4,194
Financial District, New York, NY $3,473 $4,448 $6,150 $4,215
Downtown Brooklyn, New York, NY $3,425 $4,115 $5,713 $4,307
Prospect Heights, New York, NY $3,565 $4,403 $5,200 $4,310
NoLita, New York, NY $9,848 $3,900 $5,495 $4,445
East Village, New York, NY $2,995 $3,850 $4,495 $4,495
Kips Bay, New York, NY $3,658 $4,188 $5,505 $4,495
Midtown East, New York, NY $3,325 $4,500 $6,075 $4,525
Hudson Yards, New York, NY $3,490 $4,495 $6,495 $4,652
Williamsburg, New York, NY $3,821 $4,600 $4,946 $4,695
Lower East Side, New York, NY $3,413 $4,623 $4,750 $4,750
Upper West Side, New York, NY $3,000 $4,450 $6,955 $4,888
West Village, New York, NY $4,550 $4,950 $6,650 $4,950
Little Italy, New York, NY $3,250 $4,475 $4,850 $5,000
Midtown, New York, NY $3,639 $4,375 $6,750 $5,265
Chelsea, New York, NY $3,825 $5,497 $7,500 $5,325
Gramercy Park, New York, NY $3,711 $5,235 $5,119 $5,330
Greenwich Village, New York, NY $4,000 $6,150 $6,280 $5,400
NoMad, New York, NY $4,347 $5,686 $8,200 $5,704

Top Counties Near Brooklyn

There are a total of 57 counties located by Brooklyn, New York, NY. Some of these counties include Edison, NJ, Yonkers, NY, and Bronx, New York, NY. The average rent for rentals in these counties is $3,490. That's roughly around $3 per sqft. A total of 19 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,175. Vice versa, with an average rent of $10,000, Spring Lake, NJ is the most expensive county by Brooklyn, New York, NY.

Typically, rent for studios in Brooklyn, New York, NY is 48.16% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Brooklyn, New York, NY is 30.58% more expensive than other counties nearby. Finally, rent for two bedrooms in Brooklyn, New York, NY is 22.32% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Edison, NJ N/A $2,125 $2,600 $2,800
Yonkers, NY $1,900 $2,175 $2,663 $2,843
Bronx, New York, NY $2,000 $2,575 $3,035 $3,080
Queens, New York, NY $2,753 $2,788 $3,408 $3,225
Long Beach, NY $1,925 $2,573 $3,350 $3,500
Hempstead, NY $2,000 $2,500 $3,100 $3,500
Long Branch, NJ N/A $3,100 $3,800 $3,900
New Rochelle, NY $1,800 $2,850 $4,419 $4,349
North Hempstead, NY $2,575 $2,675 $3,913 $4,475
Manhattan, New York, NY $3,475 $4,399 $5,728 $4,495

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 $2,986. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10463, New York, NY at $2,900 per month. In comparison, the zipcode with the most expensive average rent of $4,899 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $2,673. That's at least $5 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 $2,950 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,350 per month. Which comes out to $4 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 $3,350 $4,125 $5,685 $3,915
10023, New York, NY $3,000 $4,595 $8,100 $4,899
11375, New York, NY $2,673 $2,950 $3,250 $2,986
10035, New York, NY $2,250 $2,702 $3,292 $2,957
10463, New York, NY $2,450 $2,680 $3,350 $2,900

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 $3,850. 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 $3,400 and an average price per square feet of $6.83. There are a total of 419 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 $3,638 and an average price per square feet of $5.80. There are a total of 1,016 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 $4,200 and an average price per square feet of $4.97. There are a total of 1,120 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 0.02%, one bedroom rental prices have changed by -0.04%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by -0.01% 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 $3,080/month. You can search for these reasonably priced rental listings on RentHop.
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