While the New York City rental market breathes ever so slightly, rental prices still remain high across the boroughs. Brooklyn is not exempt from climbing prices but can offer units below the median going rate. With many neighborhoods that boast unique communities, local establishments, and apartment styles, renters flock to the borough to evade Manhattan pricing and seize generously-sized units.
This month, the average rental price for a one-bedroom in New York City decreased to $3,900, indicating a cooling market that may continue to offer opportunities for renters looking to find a deal. While housing is still expensive, around 1,500 listings in Brooklyn fall under that price point, providing renters with units that still offer exciting features like stainless steel dishwashers, plenty of sunlight, and proximity to local favorites and subway lines.
1. 579 61st Street
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Neighborhood: Sunset Park
Price: $2,100
Size: Studio, 1 Bath
Percentage Below: 38.69%
Renters seeking a short-term rental opportunity can consider this renovated studio in Sunset Park. With stainless steel appliances, including a dishwasher, in the kitchen and modern finishes in the bathroom, this unit offers sleek features and advantageous financing options. Prospective tenants can sign a lease for one to eighteen months and also receive a free week if they sign for at least four months before the end of January. The no-fee unit comes with free WiFi and allows guarantors and couples. Residents will live within five minutes of walking distance of the N, Q, and W subway lines.
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2. 425 Senator Street #A4
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Neighborhood: Bay Ridge
Price: $1,750
Size: 1 Bed, 1 Bath
Percentage Below: 2.78%
This bright and welcoming one-bedroom is available for an immediate move-in. Located on the second floor of a walk-up building, this unit features a separate kitchen and oversized living room, complete with several windows. With over 700 square feet of space and hardwood flooring throughout, this cat-friendly home can appeal to singles or couples looking for room to spread out. Residents will live only a three-minute walk from the R subway line.
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3. 891 Hancock Street #2
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Neighborhood: Bedford-Stuyvesant
Price: $2,000
Size: 2 Bed, 1 Bath
Percentage Below: 13.04%
Enjoy living in this modern two-bedroom unit with a kitchen with substantial counter space and stainless steel appliances. New carpets run throughout the unit, and tenants will enjoy plenty of closet space throughout. Potential applicants will complete an easy application process and live four minutes away from the J line.
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4. 740 Clarkson Avenue #5E
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Neighborhood: East Flatbush
Price: $1,587
Size: Studio, 1 Bath
Percentage Below: 30.24%
This naturally lit alcove studio features enough space to comfortably fit a queen-sized bed and plenty of furniture. The newly renovated bathroom includes a bathtub, and the renovated kitchen includes ample cabinet space. Hardwood floors run throughout the unit, and renters will appreciate building amenities like an elevator, a live-in super, and laundry on site. They will also live within walking distance of Prospect Park.
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5. 377 Lincoln Road
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Neighborhood: Flatbush
Price: $1,900
Size: 1 Bed, 1 Bath
Percentage Below: 1.30%
Those seeking a quiet space will enjoy this apartment on the second floor of a private home. The unit boasts a sleek kitchen with stainless steel appliances and a bedroom that fits a queen-sized bed. With hardwood floors and plenty of windows, this spacious unit makes an advantageous option for a single person or couple. Residents will live within a three-minute walk of the 2 and 5 subway lines.
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Methodology
Released on a monthly basis, the RentHop Best Deal series aims to provide renters with useful market insights and a chance to identify rental gems currently available on the market. These listings are hand-selected by the team at RentHop based on a few factors, including layout, apartment size, features, and more importantly, price.
Note that, given the fast-paced nature of the rental market in New York, certain listings may receive applications and be taken off within days on market. If you are interested in scheduling a showing or have further questions, please make sure to submit an inquiry via the inquiry submission form located on the listing page.
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