Average Rent in DUMBO, New York, NY

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Current Versus Historical DUMBO, New York, NY Rents

DUMBO rentals average $3,422 for a studio rental to $9,600 for a 3-bedroom rental. The median price of all currently available listings is $5,613, or roughly $7 per square feet.
For the apartment units and housing in January 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $100 (-2.70%) year-over-year from $3,700 to $3,600. 1-bedroom rentals prices have increased by $233 (4.81%) year-over-year from $4,837 to $5,070. 2-bedroom rentals prices have increased by $283 (4.03%) year-over-year from $7,017 to $7,300. 3-bedroom rentals prices have decreased by $122 (-1.27%) year-over-year from $9,567 to $9,445. 4-bedroom rentals prices have decreased by $12,250 (-36.30%) year-over-year from $33,750 to $21,500. 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 0.91% this month. 1-bedroom rents have gone up by 4.21% this month. 2-bedroom rents have gone up by 2.87% this month. 3-bedroom rents have gone down by 0.97% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $6.19 $3,600 $3,700 (-2.70%) $3,298 (9.17%)
1 BR $6.25 $5,070 $4,837 (4.81%) $4,340 (16.80%)
2 BR $7.85 $7,300 $7,017 (4.03%) $5,938 (22.94%)
3 BR $6.76 $9,445 $9,567 (-1.27%) $7,130 (32.47%)

Historical Rents in DUMBO, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near DUMBO

There are a total of 17 cities nearby DUMBO. The average rent in DUMBO is currently $3,600 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 $2,073, is the most affordable city nearby. In contrast, the most expensive city near DUMBO, New York, NY is Ocean Beach, NY. Monthly rents here are on average $8,500 per month.

Let's compare DUMBO, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in DUMBO, New York, NY is 56.31% more expensive than other cities nearby. One bedrooms are about 46.93% more expensive. Two bedrooms in DUMBO, New York, NY are about 53.41% more expensive. Finally, rent for three bedrooms are about 56.25% more expensive. Want more information? Check out the top 10 cities out of 17 total cities near DUMBO, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Yonkers, NY $1,850 $2,200 $2,600 $2,600
Asbury Park, NJ $1,888 $2,250 $2,800 $2,975
White Plains, NY $2,100 $2,690 $3,550 $3,495
Glen Cove, NY $2,550 $3,200 $3,600 $3,500
Ocean Grove, NJ $1,495 $3,000 $2,750 $3,500
Long Beach, NY $1,963 $2,700 $3,500 $3,600
Oakhurst, NJ N/A N/A N/A $3,800
Long Branch, NJ N/A $3,000 $3,600 $3,999
New York, NY $3,438 $4,217 $5,300 $4,263
Harrison, NY $2,745 $3,090 $4,203 $4,469

Top Neighborhoods Near DUMBO

There are a total of 58 neighborhoods in or near DUMBO. Some of these neighborhoods include Bedford-Stuyvesant, Boerum Hill, and Murray Hill. We've included the top 30 neighborhoods out of 58 total neighborhoods in or near DUMBO, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near DUMBO, New York, NY is currently around $4,327 per month. A total of 51 neighborhoods have a lower average rent. Out of all the neighborhoods in or near DUMBO, Brooklawn - St. Vincent has the most affordable average rent at $1,800 per month. Whereas, at $9,850 average rent per month, SoHo is the most expensive neighborhood in or near DUMBO. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bedford-Stuyvesant, New York, NY $2,500 $2,995 $3,050 $3,150
Boerum Hill, New York, NY $3,400 $3,825 $6,138 $3,950
Murray Hill, New York, NY $3,400 $4,400 $6,538 $4,075
Fort Greene, New York, NY $3,595 $4,212 $4,150 $4,150
Financial District, New York, NY $3,525 $4,585 $6,400 $4,155
Clinton Hill, New York, NY $3,226 $3,995 $5,059 $4,285
Downtown Brooklyn, New York, NY $3,413 $4,260 $5,716 $4,307
Bowery, New York, NY $2,800 $3,450 $4,995 $4,348
Prospect Heights, New York, NY $3,585 $4,400 $5,275 $4,350
Midtown South, New York, NY $3,990 $4,598 $8,295 $4,390
Park Slope, New York, NY $2,950 $3,800 $4,500 $4,400
Kips Bay, New York, NY $3,535 $3,895 $5,340 $4,488
East Village, New York, NY $2,800 $3,695 $4,495 $4,495
Lower East Side, New York, NY $3,413 $4,950 $4,595 $4,679
NoLita, New York, NY N/A $4,595 $5,495 $4,695
Greenpoint, New York, NY $3,650 $4,446 $5,963 $4,848
Williamsburg, New York, NY $3,722 $4,625 $5,369 $4,865
Little Italy, New York, NY $3,250 $4,250 $5,495 $5,000
Chelsea, New York, NY $3,878 $5,395 $7,867 $5,054
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,002 $5,235 $5,060
West Village, New York, NY $4,642 $5,495 $6,595 $5,365
Carroll Gardens, New York, NY $2,825 $3,650 $5,500 $5,500
Gramercy Park, New York, NY $3,750 $5,515 $5,595 $5,515
Flatiron District, New York, NY $4,650 $5,650 $10,995 $5,600
Greenwich Village, New York, NY $4,000 $5,700 $6,850 $5,700
NoMad, New York, NY $4,444 $5,662 $8,746 $5,768
Brooklyn Heights, New York, NY $3,400 $4,255 $8,649 $5,855
Battery Park City, New York, NY $5,100 $4,914 $7,995 $6,100
Tribeca, New York, NY $4,510 $6,879 $8,850 $7,149
SoHo, New York, NY $3,400 $5,000 $12,995 $9,850

Top Counties Near DUMBO

There are a total of 58 counties located by DUMBO, New York, NY. Some of these counties include Yonkers, NY, Woodbridge, NJ, and Bronx, New York, NY. The average rent for rentals in these counties is $3,550. That's roughly around $3 per sqft. A total of 30 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,073. Vice versa, with an average rent of $8,500, Spring Lake, NJ is the most expensive county by DUMBO, New York, NY.

Typically, rent for studios in DUMBO, New York, NY is 44.84% more expensive than other counties nearby. In comparison, rent for one bedroom listings in DUMBO, New York, NY is 48.71% more expensive than other counties nearby. Finally, rent for two bedrooms in DUMBO, New York, NY is 55.37% 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 $1,850 $2,200 $2,600 $2,600
Woodbridge, NJ N/A $1,950 $2,500 $2,775
Bronx, New York, NY $2,200 $2,575 $3,026 $3,000
Queens, New York, NY $2,895 $2,900 $3,500 $3,266
Glen Cove, NY $2,550 $3,200 $3,600 $3,500
Hempstead, NY $2,000 $2,600 $3,200 $3,595
Long Beach, NY $1,963 $2,700 $3,500 $3,600
Brooklyn, New York, NY $3,405 $3,599 $4,197 $3,800
Manhattan, New York, NY $3,495 $4,495 $5,995 $4,500
North Hempstead, NY N/A $2,795 $4,100 $4,625

Top Zipcodes Near DUMBO

There are a total of 6 zipcodes in or near DUMBO, New York, NY. The average rent for all of these zipcodes is $3,648. A total of 6 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 $2,995 per month. In comparison, the zipcode with the most expensive average rent of $4,902 per month is 10280, New York, NY.

Studios in these zipcodes have an average rent of $2,810. 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 DUMBO, New York, NY is $3,725 per month. Or in other words, $5 per sqft. Meanwhile, two bedroom apartments will cost you an average of $4,554 per month. Which comes out to $5 per sqft. The following chart includes the top 6 zipcodes in DUMBO, 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 $3,600 $4,459 $6,462 $4,902
10023, New York, NY $2,900 $4,950 $7,863 $4,775
10128, New York, NY $3,350 $4,200 $5,460 $3,995
10035, New York, NY $2,299 $2,822 $3,048 $2,995
11375, New York, NY $2,720 $3,250 $3,648 $3,300
10463, New York, NY $2,600 $2,680 $3,295 $3,045

Frequently Asked Questions - DUMBO Average Rents

What is the average rent price in DUMBO, New York, NY?
The average monthly rental price for DUMBO, New York, NY apartments for rent is approximately $5,613. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do DUMBO, 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 DUMBO, New York, NY.
How much is a studio apartment in DUMBO, New York, NY?
The average monthly rental price for studio apartments is $3,422 and an average price per square feet of $6.19. There are a total of 7 studio apartment listings currently available for rent in DUMBO.
How much is a one bedroom apartment in DUMBO, New York, NY?
The average monthly rental price for one bedroom apartments is $5,069 and an average price per square feet of $6.25. There are a total of 23 one bedroom apartment listings currently available for rent in DUMBO.
How much is a two bedroom apartment in DUMBO, New York, NY?
The average monthly rental price for two bedroom apartments is $7,619 and an average price per square feet of $7.85. There are a total of 18 two bedroom apartment listings currently available for rent in DUMBO.
How have rent prices in DUMBO, New York, NY changed this year?
Rent prices for rentals in DUMBO, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.03%, one bedroom rental prices have changed by 0.05%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by -0.01% year-over-year.
What is a reasonable rent price in DUMBO, New York, NY?
A reasonable rent price in DUMBO, New York, NY is around $4,490/month. You can search for these reasonably priced rental listings on RentHop.
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