Average Rent in Downtown Brooklyn, New York, NY

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Current Versus Historical Downtown Brooklyn, New York, NY Rents

Downtown Brooklyn rentals average $3,425 for a studio rental to $7,362 for a 3-bedroom rental. The median price of all currently available listings is $4,307, or roughly $6 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 $1 (0.03%) year-over-year from $3,394 to $3,395. 1-bedroom rentals prices have increased by $123 (2.99%) year-over-year from $4,127 to $4,250. 2-bedroom rentals prices have decreased by $53 (-0.92%) year-over-year from $5,775 to $5,722. 3-bedroom rentals prices have decreased by $553 (-6.98%) year-over-year from $7,915 to $7,362. 4-bedroom rentals prices have increased by $7,500 (35.71%) year-over-year from $21,000 to $28,500. 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 0.32% this month. 1-bedroom rents have gone up by 0.87% this month. 2-bedroom rents have gone down by 1.38% this month. 3-bedroom rents have gone down by 2.34% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Dec 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$7.51	$3,395	$3,394 (0.03%)	$2,870 (18.28%)
1 BR	$6.44	$4,250	$4,127 (2.99%)	$3,632 (17.01%)
2 BR	$6.03	$5,722	$5,775 (-0.92%)	$5,058 (13.12%)
3 BR	$5.53	$7,362	$7,915 (-6.98%)	$6,648 (10.74%)

Historical Rents in Downtown Brooklyn, New York, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Downtown Brooklyn

There are a total of 17 cities nearby Downtown Brooklyn. The average rent in Downtown Brooklyn is currently $3,500 per month. A total of 12 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 Downtown Brooklyn, New York, NY is Spring Lake, NJ. Monthly rents here are on average $10,000 per month.

Let's compare Downtown Brooklyn, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Downtown Brooklyn, New York, NY is 48.91% more expensive than other cities nearby. One bedrooms are about 37.64% more expensive. Two bedrooms in Downtown Brooklyn, New York, NY are about 38.03% more expensive. Finally, rent for three bedrooms are about 38.94% more expensive. Want more information? Check out the top 10 cities out of 17 total cities near Downtown Brooklyn, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
West Babylon, NY	$2,970	$2,425	$3,000	$2,495
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	$3,750	$3,899
New York, NY	$3,402	$4,155	$5,000	$4,200
New Rochelle, NY	$1,800	$2,850	$4,419	$4,349
Harrison, NY	$2,775	$3,015	$4,197	$4,370

Top Neighborhoods Near Downtown Brooklyn

There are a total of 56 neighborhoods in or near Downtown Brooklyn. Some of these neighborhoods include Flatbush, Bedford-Stuyvesant, and Bushwick. We've included the top 30 neighborhoods out of 56 total neighborhoods in or near Downtown Brooklyn, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Downtown Brooklyn, New York, NY is currently around $4,260 per month. A total of 29 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Downtown Brooklyn, East Side has the most affordable average rent at $2,226 per month. Whereas, at $12,000 average rent per month, SoHo is the most expensive neighborhood in or near Downtown 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	$2,987
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
Crown Heights, New York, NY	$2,657	$2,948	$4,026	$3,499
Bowery, New York, NY	$2,800	$3,450	$4,995	$3,899
NoHo, New York, NY	$3,798	$4,150	$14,500	$4,000
Boerum Hill, New York, NY	$3,400	$3,950	$7,250	$4,000
Fort Greene, New York, NY	$3,404	$4,250	$4,150	$4,150
Financial District, New York, NY	$3,471	$4,450	$6,150	$4,219
Clinton Hill, New York, NY	$2,925	$3,900	$4,984	$4,300
Prospect Heights, New York, NY	$3,565	$4,403	$5,200	$4,322
NoLita, New York, NY	$9,848	$3,900	$5,495	$4,445
Park Slope, New York, NY	$5,000	$3,400	$4,342	$4,495
Kips Bay, New York, NY	$3,658	$4,185	$5,505	$4,495
East Village, New York, NY	$2,995	$3,850	$4,495	$4,495
Williamsburg, New York, NY	$3,821	$4,600	$4,941	$4,690
Lower East Side, New York, NY	$3,413	$4,623	$4,750	$4,750
Greenpoint, New York, NY	$3,483	$4,395	$5,500	$4,920
West Village, New York, NY	$4,550	$4,950	$6,650	$4,950
Little Italy, New York, NY	$3,250	$4,225	$4,850	$5,000
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$4,971	$6,054	$5,084
Gramercy Park, New York, NY	$3,750	$5,295	$5,119	$5,147
Carroll Gardens, New York, NY	N/A	$3,650	$5,500	$5,348
Greenwich Village, New York, NY	$4,000	$6,150	$6,130	$5,400
Brooklyn Heights, New York, NY	$3,350	$4,113	$7,057	$5,500
Battery Park City, New York, NY	$3,902	$4,569	$8,098	$5,600
Flatiron District, New York, NY	$4,648	$5,650	$10,500	$5,613
NoMad, New York, NY	$4,328	$5,686	$8,200	$5,686
Tribeca, New York, NY	$4,552	$5,891	$8,566	$7,848
SoHo, New York, NY	$6,250	$5,000	$13,500	$12,000

Top Counties Near Downtown Brooklyn

There are a total of 56 counties located by Downtown 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 $3,500. That's roughly around $3 per sqft. A total of 25 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 Downtown Brooklyn, New York, NY.

Typically, rent for studios in Downtown Brooklyn, New York, NY is 48.18% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Downtown Brooklyn, New York, NY is 38.18% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Brooklyn, New York, NY is 42.79% 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	$3,068	$3,060
Queens, New York, NY	$2,767	$2,778	$3,450	$3,243
Long Beach, NY	$1,925	$2,573	$3,350	$3,500
Hempstead, NY	$2,000	$2,500	$3,100	$3,500
Brooklyn, New York, NY	$3,400	$3,641	$4,200	$3,875
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	$4,395	$5,700	$4,495

Top Zipcodes Near Downtown Brooklyn

There are a total of 5 zipcodes in or near Downtown Brooklyn, New York, NY. The average rent for all of these zipcodes is $3,000. A total of 4 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 $4,850 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 Downtown 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 Downtown Brooklyn, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10023, New York, NY	$3,000	$4,595	$8,100	$4,850
10128, New York, NY	$3,350	$4,095	$5,685	$3,915
10035, New York, NY	$2,250	$2,702	$3,292	$2,957
11375, New York, NY	$2,673	$2,950	$3,250	$3,000
10463, New York, NY	$2,450	$2,680	$3,350	$2,900

Frequently Asked Questions - Downtown Brooklyn Average Rents

What is the average rent price in Downtown Brooklyn, New York, NY?

The average monthly rental price for Downtown Brooklyn, New York, NY apartments for rent is approximately $4,307. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Downtown 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 Downtown Brooklyn, New York, NY.

How much is a studio apartment in Downtown Brooklyn, New York, NY?

The average monthly rental price for studio apartments is $3,425 and an average price per square feet of $7.51. There are a total of 55 studio apartment listings currently available for rent in Downtown Brooklyn.

How much is a one bedroom apartment in Downtown Brooklyn, New York, NY?

The average monthly rental price for one bedroom apartments is $4,125 and an average price per square feet of $6.44. There are a total of 106 one bedroom apartment listings currently available for rent in Downtown Brooklyn.

How much is a two bedroom apartment in Downtown Brooklyn, New York, NY?

The average monthly rental price for two bedroom apartments is $5,725 and an average price per square feet of $6.03. There are a total of 81 two bedroom apartment listings currently available for rent in Downtown Brooklyn.

How have rent prices in Downtown Brooklyn, New York, NY changed this year?

Rent prices for rentals in Downtown Brooklyn, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by -0.01%, and three bedroom rental prices have changed by -0.07% year-over-year.

What is a reasonable rent price in Downtown Brooklyn, New York, NY?

A reasonable rent price in Downtown Brooklyn, New York, NY is around $3,445/month. You can search for these reasonably priced rental listings on RentHop.