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 $3,438 for a studio rental to $7,123 for a 3-bedroom rental. The median price of all currently available listings is $4,285, or roughly $6 per square feet.

For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $21 (0.61%) year-over-year from $3,426 to $3,447. 1-bedroom rentals prices have increased by $103 (2.51%) year-over-year from $4,122 to $4,225. 2-bedroom rentals prices have increased by $16 (0.27%) year-over-year from $5,873 to $5,889. 3-bedroom rentals prices have decreased by $181 (-2.45%) year-over-year from $7,381 to $7,200. 4-bedroom rentals prices have increased by $9,500 (50.00%) year-over-year from $19,000 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 up by 1.04% this month. 1-bedroom rents have gone up by 0.70% this month. 2-bedroom rents have gone up by 1.56% this month. 3-bedroom rents have gone down by 7.52% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$6.85	$3,447	$3,426 (0.61%)	$2,752 (25.27%)
1 BR	$6.26	$4,225	$4,122 (2.51%)	$3,612 (16.96%)
2 BR	$5.79	$5,889	$5,873 (0.27%)	$5,068 (16.19%)
3 BR	$5.53	$7,200	$7,381 (-2.45%)	$6,732 (6.95%)

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 $3,450 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 $2,000, 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 $9,500 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 53.46% more expensive than other cities nearby. One bedrooms are about 46.79% more expensive. Two bedrooms in Downtown Brooklyn, New York, NY are about 49.30% more expensive. Finally, rent for three bedrooms are about 41.03% 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
West Babylon, NY	N/A	$2,395	$2,825	$2,500
Asbury Park, NJ	$1,650	$2,150	$2,800	$2,700
Yonkers, NY	$2,100	$2,200	$2,800	$2,775
Ocean Grove, NJ	$1,625	$1,900	$2,500	$3,100
White Plains, NY	$2,275	$2,650	$3,800	$3,400
Long Beach, NY	$1,925	$2,600	$3,200	$3,450
New Rochelle, NY	$2,413	$2,875	$3,500	$3,500
Long Branch, NJ	N/A	$3,000	$3,725	$3,800
New York, NY	$3,440	$4,175	$5,000	$4,200
Harrison, NY	$2,635	$2,930	$4,108	$4,219

Top Neighborhoods Near Downtown Brooklyn

There are a total of 58 neighborhoods in or near Downtown Brooklyn. Some of these neighborhoods include Bedford-Stuyvesant, Bushwick, and Bowery. We've included the top 30 neighborhoods out of 58 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 $4,277 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 $2,250 per month. Whereas, at $9,995 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
Bedford-Stuyvesant, New York, NY	$2,722	$2,800	$3,100	$3,150
Bushwick, New York, NY	$2,845	$3,000	$3,249	$3,333
Bowery, New York, NY	$2,800	$3,500	$4,750	$3,500
Crown Heights, New York, NY	$2,668	$3,158	$4,300	$3,600
NoHo, New York, NY	$4,000	$4,495	$14,750	$4,150
Fort Greene, New York, NY	$3,600	$4,250	$4,200	$4,150
Clinton Hill, New York, NY	$2,825	$3,838	$5,124	$4,185
Financial District, New York, NY	$3,450	$4,500	$6,350	$4,254
Park Slope, New York, NY	$3,475	$3,495	$4,500	$4,300
Prospect Heights, New York, NY	$3,565	$4,485	$6,009	$4,350
NoLita, New York, NY	$9,943	$3,900	$5,495	$4,495
East Village, New York, NY	$2,995	$3,795	$4,495	$4,495
Kips Bay, New York, NY	$3,595	$4,250	$5,470	$4,500
Boerum Hill, New York, NY	$3,620	$3,850	$5,750	$4,625
Brooklyn Heights, New York, NY	$3,300	$4,250	$7,850	$4,747
Williamsburg, New York, NY	$3,813	$4,583	$5,000	$4,750
Greenwich Village, New York, NY	$4,100	$5,525	$7,900	$4,850
Lower East Side, New York, NY	$3,497	$4,300	$4,765	$4,990
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$4,924	$6,015	$5,042
West Village, New York, NY	$3,695	$5,200	$6,750	$5,100
Greenpoint, New York, NY	$3,300	$4,257	$5,328	$5,175
Carroll Gardens, New York, NY	N/A	$3,650	$5,499	$5,195
Little Italy, New York, NY	$3,275	$4,500	$4,850	$5,295
Gramercy Park, New York, NY	$3,693	$5,515	$4,995	$5,300
NoMad, New York, NY	$4,339	$5,680	$8,225	$5,721
DUMBO, New York, NY	$3,600	$4,950	$6,850	$5,795
Flatiron District, New York, NY	$4,300	$5,800	$9,631	$5,800
Battery Park City, New York, NY	$3,952	$4,605	$8,520	$5,995
Tribeca, New York, NY	$4,695	$5,891	$8,570	$8,000
SoHo, New York, NY	$3,400	$5,248	$13,500	$9,995

Top Counties Near Downtown Brooklyn

There are a total of 58 counties located by Downtown 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 $3,413. That's roughly around $3 per sqft. A total of 29 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,000. Vice versa, with an average rent of $9,500, 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 50.55% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Downtown Brooklyn, New York, NY is 40.41% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Brooklyn, New York, NY is 45.64% 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	$2,200	$2,800	$2,775
Edison, NJ	N/A	$2,150	$2,600	$2,825
Bronx, New York, NY	$1,995	$2,575	$3,175	$3,060
Queens, New York, NY	$2,850	$2,795	$3,450	$3,285
Long Beach, NY	$1,925	$2,600	$3,200	$3,450
New Rochelle, NY	$2,413	$2,875	$3,500	$3,500
Hempstead, NY	$2,000	$2,500	$3,030	$3,500
Brooklyn, New York, NY	$3,361	$3,689	$4,199	$3,858
Manhattan, New York, NY	$3,471	$4,350	$5,650	$4,495
North Hempstead, NY	$3,000	$2,573	$4,000	$4,500

Top Zipcodes Near Downtown Brooklyn

There are a total of 6 zipcodes in or near Downtown Brooklyn, New York, NY. The average rent for all of these zipcodes is $3,575. 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 10035, New York, NY at $2,850 per month. In comparison, the zipcode with the most expensive average rent of $4,823 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $3,003. 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 $3,563 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,283 per month. Which comes out to $5 per sqft. The following chart includes the top 6 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
10280, New York, NY	$3,812	$4,500	$6,429	$4,595
10023, New York, NY	$3,400	$5,083	$8,295	$4,823
10128, New York, NY	$3,350	$4,150	$5,115	$4,000
10035, New York, NY	$2,299	$2,550	$3,100	$2,850
11375, New York, NY	$2,655	$2,975	$3,450	$3,150
10463, New York, NY	$2,198	$2,708	$3,350	$2,990

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 $4,285. 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 $3,438 and an average price per square feet of $6.85. There are a total of 61 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 $4,195 and an average price per square feet of $6.26. There are a total of 129 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 $5,818 and an average price per square feet of $5.79. There are a total of 87 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 0.01%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by -0.02% 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 $3,428/month. You can search for these reasonably priced rental listings on RentHop.