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 $3,376 for a studio rental to $7,900 for a 3-bedroom rental. The median price of all currently available listings is $4,324, or roughly $6 per square feet.
For the apartment units and housing in February 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $56 (-1.64%) year-over-year from $3,406 to $3,350. 1-bedroom rentals prices have increased by $146 (3.51%) year-over-year from $4,151 to $4,297. 2-bedroom rentals prices have decreased by $76 (-1.32%) year-over-year from $5,776 to $5,700. 3-bedroom rentals prices have decreased by $1,441 (-16.22%) year-over-year from $8,882 to $7,442. 4-bedroom rentals prices have increased by $6,833 (31.54%) year-over-year from $21,667 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 0.81% this month. 1-bedroom rents have gone up by 0.80% this month. 2-bedroom rents have gone down by 0.06% this month. 3-bedroom rents have gone up by 0.04% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $7.09 $3,350 $3,406 (-1.64%) $3,002 (11.59%)
1 BR $6.36 $4,297 $4,151 (3.51%) $3,838 (11.94%)
2 BR $5.64 $5,700 $5,776 (-1.32%) $5,258 (8.41%)
3 BR $5.55 $7,442 $8,882 (-16.22%) $8,816 (-15.59%)

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 19 cities nearby Downtown Brooklyn. The average rent in Downtown Brooklyn is currently $4,200 per month. A total of 13 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,200, 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 $9,000 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 65.20% more expensive than other cities nearby. One bedrooms are about 41.48% more expensive. Two bedrooms in Downtown Brooklyn, New York, NY are about 35.90% more expensive. Finally, rent for three bedrooms are about 43.04% more expensive. Want more information? Check out the top 10 cities out of 19 total cities near Downtown Brooklyn, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Yonkers, NY $2,150 $2,325 $2,700 $2,843
Asbury Park, NJ $2,200 $2,450 $3,850 $3,250
Glen Cove, NY $2,550 $3,200 $3,525 $3,423
Ocean Grove, NJ N/A $3,050 $2,625 $3,500
Long Beach, NY $2,000 $2,500 $3,600 $3,700
Long Branch, NJ N/A $3,050 $3,500 $4,000
Oakhurst, NJ N/A N/A N/A $4,200
Harrison, NY $2,723 $2,990 $4,019 $4,236
New York, NY $3,500 $4,275 $5,495 $4,263
New Rochelle, NY $2,799 $3,100 $4,384 $4,294

Top Neighborhoods Near Downtown Brooklyn

There are a total of 52 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 52 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 $4,270 per month. A total of 27 neighborhoods have a lower average rent. Meaning, only three neighborhoods have a higher average rent than $4,270. Out of all the neighborhoods in or near Downtown Brooklyn, East Side has the most affordable average rent at $2,294 per month. Whereas, at $8,500 average rent per month, Ocean Beach 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 $2,618 $2,785 $3,050 $2,958
Bedford-Stuyvesant, New York, NY $2,467 $2,895 $3,200 $3,200
Bushwick, New York, NY $2,795 $3,155 $3,300 $3,300
Crown Heights, New York, NY $2,860 $3,036 $3,550 $3,395
Bowery, New York, NY $2,800 $3,500 $3,749 $3,450
Park Slope, New York, NY $4,350 $3,800 $4,300 $4,027
Clinton Hill, New York, NY $3,025 $3,998 $4,400 $4,050
Murray Hill, New York, NY $3,475 $4,395 $6,500 $4,084
Little Italy, New York, NY $3,500 $4,000 $5,395 $4,200
Prospect Heights, New York, NY $3,635 $4,375 $5,795 $4,300
Midtown South, New York, NY $3,800 $4,695 $5,950 $4,356
Fort Greene, New York, NY $3,500 $4,375 $6,268 $4,400
Financial District, New York, NY $3,495 $4,651 $6,385 $4,400
Kips Bay, New York, NY $3,850 $3,995 $5,495 $4,425
East Village, New York, NY $3,038 $3,795 $5,170 $4,650
Greenpoint, New York, NY $3,484 $4,478 $5,727 $4,906
Brooklyn Heights, New York, NY $3,502 $4,309 $7,771 $4,907
NoLita, New York, NY N/A $4,995 $5,495 $4,995
Williamsburg, New York, NY $3,827 $4,695 $5,950 $5,000
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,017 $6,179 $5,286
Chelsea, New York, NY $4,200 $5,482 $8,046 $5,295
Lower East Side, New York, NY $3,722 $3,995 $5,495 $5,299
West Village, New York, NY $4,495 $5,400 $6,650 $5,300
Flatiron District, New York, NY $4,200 $5,800 $8,696 $5,600
Greenwich Village, New York, NY $4,200 $5,700 $5,500 $5,650
NoMad, New York, NY $4,444 $5,768 $8,800 $5,683
Gramercy Park, New York, NY $3,650 $5,585 $5,895 $5,785
Battery Park City, New York, NY $3,956 $5,062 $8,650 $6,375
Tribeca, New York, NY $4,588 $6,472 $10,100 $7,995
SoHo, New York, NY $3,195 $4,495 $13,500 $8,137

Top Counties Near Downtown Brooklyn

There are a total of 52 counties located by Downtown Brooklyn, New York, NY. Some of these counties include Yonkers, NY, Bronx, New York, NY, and Queens, New York, NY. The average rent for rentals in these counties is $3,750. That's roughly around $3 per sqft. A total of 23 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,200. Vice versa, with an average rent of $9,000, 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 42.24% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Downtown Brooklyn, New York, NY is 41.48% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Brooklyn, New York, NY is 38.31% 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 $2,150 $2,325 $2,700 $2,843
Bronx, New York, NY $2,200 $2,500 $3,018 $3,100
Queens, New York, NY $3,000 $2,900 $3,429 $3,300
Glen Cove, NY $2,550 $3,200 $3,525 $3,423
Long Beach, NY $2,000 $2,500 $3,600 $3,700
Hempstead, NY $2,000 $2,500 $3,400 $3,700
Brooklyn, New York, NY $3,400 $3,800 $4,000 $3,800
North Hempstead, NY $1,900 $3,110 $3,885 $4,225
New Rochelle, NY $2,799 $3,100 $4,384 $4,294
Manhattan, New York, NY $3,525 $4,500 $5,995 $4,600

Top Zipcodes Near Downtown Brooklyn

There are a total of 4 zipcodes in or near Downtown Brooklyn, New York, NY. The average rent for all of these zipcodes is $3,492. 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 10035, New York, NY at $2,967 per month. In comparison, the zipcode with the most expensive average rent of $4,648 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $3,008. That's at least $6 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 $3,476 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,618 per month. Which comes out to $5 per sqft. The following chart includes the top 4 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 $3,407 $5,000 $8,215 $4,648
10128, New York, NY $3,350 $4,200 $5,735 $4,000
10035, New York, NY $2,531 $2,753 $3,000 $2,967
11375, New York, NY $2,665 $2,600 $3,500 $2,984

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 $4,324. 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 $3,376 and an average price per square feet of $7.09. There are a total of 52 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 $4,272 and an average price per square feet of $6.36. There are a total of 128 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 $5,616 and an average price per square feet of $5.64. There are a total of 63 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 -0.02%, 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 -0.16% 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 $3,459/month. You can search for these reasonably priced rental listings on RentHop.
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