Average Rent in DUMBO, New York, NY

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Current Versus Historical DUMBO, New York, NY Rents

DUMBO rentals average $3,678 for a studio rental to $7,785 for a 2-bedroom rental. The median price of all currently available listings is $5,295, or roughly $8 per square feet.
For the apartment units and housing in March 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $31 (-0.85%) year-over-year from $3,698 to $3,667. 1-bedroom rentals prices have increased by $176 (3.61%) year-over-year from $4,869 to $5,045. 2-bedroom rentals prices have increased by $217 (2.98%) year-over-year from $7,296 to $7,513. 3-bedroom rentals prices have decreased by $2,526 (-22.49%) year-over-year from $11,233 to $8,707. 4-bedroom rentals prices have decreased by $4,317 (-16.72%) year-over-year from $25,817 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 0.31% this month. 1-bedroom rents have gone down by 0.49% this month. 2-bedroom rents have gone up by 1.21% this month. 3-bedroom rents have gone down by 6.40% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Mar 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.93 $3,667 $3,698 (-0.85%) $3,528 (3.93%)
1 BR $7.10 $5,045 $4,869 (3.61%) $4,622 (9.16%)
2 BR $7.71 $7,513 $7,296 (2.98%) $6,423 (16.96%)

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 20 cities nearby DUMBO. The average rent in DUMBO is currently $4,165 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 $2,100, is the most affordable city nearby. In contrast, the most expensive city near DUMBO, New York, NY is Spring Lake, NJ. Monthly rents here are on average $9,500 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 58.53% more expensive than other cities nearby. One bedrooms are about 50.64% more expensive. Two bedrooms in DUMBO, New York, NY are about 54.72% more expensive. Finally, rent for three bedrooms are about inf% more affordable. Want more information? Check out the top 10 cities out of 20 total cities near DUMBO, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Yonkers, NY $2,050 $2,400 $3,000 $2,800
White Plains, NY $2,050 $2,703 $3,550 $3,197
Glen Cove, NY $2,550 $3,223 $3,475 $3,400
Long Beach, NY $2,000 $2,595 $3,500 $3,700
Asbury Park, NJ $2,500 $2,375 $4,000 $4,000
Harrison, NY $2,690 $2,955 $4,094 $4,081
Long Branch, NJ N/A $2,950 $3,600 $4,250
New York, NY $3,525 $4,295 $5,490 $4,285
New Rochelle, NY $2,799 $3,000 $4,400 $4,319
Oakhurst, NJ N/A N/A N/A $4,350

Top Neighborhoods Near DUMBO

There are a total of 56 neighborhoods in or near DUMBO. Some of these neighborhoods include Bedford-Stuyvesant, Bowery, and Murray Hill. We've included the top 30 neighborhoods out of 56 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 $4,341 per month. A total of 46 neighborhoods have a lower average rent. Out of all the neighborhoods in or near DUMBO, East Side has the most affordable average rent at $2,250 per month. Whereas, at $8,500 average rent per month, Ocean Beach 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 $2,700 $2,895 $3,099 $3,160
Bowery, New York, NY $2,800 $3,450 $3,999 $3,450
Murray Hill, New York, NY $3,475 $4,388 $5,995 $3,995
Park Slope, New York, NY $4,425 $3,798 $4,400 $4,075
Prospect Heights, New York, NY $3,600 $4,132 $5,895 $4,139
Clinton Hill, New York, NY $3,226 $3,995 $5,072 $4,245
Little Italy, New York, NY $3,700 $4,500 $5,248 $4,250
Boerum Hill, New York, NY $3,450 $4,255 $6,395 $4,320
Financial District, New York, NY $3,616 $4,700 $6,625 $4,362
Fort Greene, New York, NY $3,438 $4,453 $6,382 $4,365
Downtown Brooklyn, New York, NY $3,494 $4,300 $5,855 $4,379
Kips Bay, New York, NY $3,788 $4,000 $5,535 $4,405
Midtown South, New York, NY $3,800 $4,900 $6,995 $4,650
East Village, New York, NY $2,995 $3,795 $5,495 $4,650
Brooklyn Heights, New York, NY $3,580 $4,301 $7,900 $4,695
Gowanus, New York, NY $3,363 $3,975 $6,295 $4,718
Greenpoint, New York, NY $3,415 $4,123 $5,478 $4,800
Williamsburg, New York, NY $3,660 $4,748 $5,300 $5,000
Battery Park City, New York, NY $3,900 $4,682 $7,500 $5,054
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,042 $5,951 $5,167
Chelsea, New York, NY $3,850 $5,585 $7,700 $5,295
West Village, New York, NY $3,797 $5,300 $6,500 $5,300
Greenwich Village, New York, NY $4,200 $5,650 $5,500 $5,400
NoLita, New York, NY N/A $5,295 $6,495 $5,495
Lower East Side, New York, NY $3,975 $5,550 $5,495 $5,495
NoMad, New York, NY $4,480 $5,768 $8,294 $5,843
Flatiron District, New York, NY $4,200 $6,000 $8,546 $5,895
Gramercy Park, New York, NY $4,040 $5,663 $5,895 $5,980
SoHo, New York, NY $3,500 $5,150 $11,950 $5,995
Tribeca, New York, NY $4,875 $6,175 $8,346 $8,023

Top Counties Near DUMBO

There are a total of 56 counties located by DUMBO, 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 $3,790. That's roughly around $3 per sqft. A total of 28 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,100. Vice versa, with an average rent of $9,500, Spring Lake, NJ is the most expensive county by DUMBO, New York, NY.

Typically, rent for studios in DUMBO, New York, NY is 46.36% more expensive than other counties nearby. In comparison, rent for one bedroom listings in DUMBO, New York, NY is 50.17% more expensive than other counties nearby. Finally, rent for two bedrooms in DUMBO, New York, NY is 55.84% 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 $2,050 $2,400 $3,000 $2,800
Bronx, New York, NY $2,200 $2,599 $3,125 $3,200
Queens, New York, NY $2,850 $2,888 $3,499 $3,299
Glen Cove, NY $2,550 $3,223 $3,475 $3,400
Hempstead, NY $2,075 $2,500 $3,250 $3,615
Long Beach, NY $2,000 $2,595 $3,500 $3,700
Brooklyn, New York, NY $3,400 $3,800 $4,300 $3,900
North Hempstead, NY $2,500 $3,200 $3,800 $4,225
New Rochelle, NY $2,799 $3,000 $4,400 $4,319
Manhattan, New York, NY $3,560 $4,500 $5,995 $4,595

Top Zipcodes Near DUMBO

There are a total of 5 zipcodes in or near DUMBO, New York, NY. The average rent for all of these zipcodes is $3,289. A total of 5 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11375, New York, NY at $3,000 per month. In comparison, the zipcode with the most expensive average rent of $4,900 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $2,516. 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 DUMBO, New York, NY is $2,750 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,500 per month. Which comes out to $4 per sqft. The following chart includes the top 5 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
10023, New York, NY $3,450 $4,995 $8,700 $4,900
10128, New York, NY $3,390 $4,300 $5,934 $3,995
10035, New York, NY $2,516 $2,750 $3,400 $3,199
11375, New York, NY $2,300 $2,600 $3,500 $3,000
10463, New York, NY N/A $2,680 $3,400 $3,289

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 $5,295. 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 $3,678 and an average price per square feet of $5.93. There are a total of 8 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 $5,212 and an average price per square feet of $7.10. 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 $7,785 and an average price per square feet of $7.71. There are a total of 13 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 -0.01%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by -0.22% 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 $4,236/month. You can search for these reasonably priced rental listings on RentHop.
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