Average Rent in Brooklyn, New York, NY

Current Versus Historical Brooklyn, New York, NY Rents

Brooklyn rentals average $3,603 for a studio rental to $5,390 for a 4-bedroom rental. The median price of all currently available listings is $4,027, or roughly $5 per square feet.

For the apartment units and housing in June 2024, median rents have risen over the last year. Studio rentals prices have increased by $163 (4.85%) year-over-year from $3,371 to $3,534. 1-bedroom rentals prices have increased by $252 (6.71%) year-over-year from $3,748 to $4,000. 2-bedroom rentals prices have decreased by $150 (-3.41%) year-over-year from $4,400 to $4,250. 3-bedroom rentals prices have increased by $53 (1.27%) year-over-year from $4,197 to $4,250. 4-bedroom rentals prices have increased by $567 (11.49%) year-over-year from $4,933 to $5,500. 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 2.50% this month. 1-bedroom rents have gone up by 3.90% this month. 2-bedroom rents have gone up by 2.41% this month. 3-bedroom rents have gone up by 1.60% this month. 4-bedroom rents have gone up by 0.61% this month.

Beds	Price / Sqft	Jun 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$4.50	$3,534	$3,371 (4.85%)	$2,398 (47.35%)
1 BR	$6.23	$4,000	$3,748 (6.71%)	$2,412 (65.84%)
2 BR	$4.91	$4,250	$4,400 (-3.41%)	$2,566 (65.61%)
3 BR	$3.50	$4,250	$4,197 (1.27%)	$2,767 (53.61%)
4+ BR	$3.46	$5,500	$4,933 (11.49%)	$3,472 (58.43%)

Historical Rents in Brooklyn, New York, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Brooklyn

There are a total of 34 cities nearby Brooklyn. The average rent in Brooklyn is currently $3,525 per month. A total of 21 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,975, is the most affordable city nearby. In contrast, the most expensive city near Brooklyn, New York, NY is Westport, CT. Monthly rents here are on average $16,000 per month.

Let's compare Brooklyn, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Brooklyn, New York, NY is 81.27% more expensive than other cities nearby. One bedrooms are about 49.38% more expensive. Two bedrooms in Brooklyn, New York, NY are about 29.76% more expensive. Finally, rent for three bedrooms are about 1.27% more affordable. Want more information? Check out the top 10 cities out of 34 total cities near Brooklyn, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Newark, NJ	$1,975	$1,800	$2,100	$2,350
Elizabeth, NJ	N/A	$1,900	$2,200	$2,500
Bayonne, NJ	$2,125	$1,961	$2,516	$2,500
West New York, NJ	$1,700	$2,463	$2,650	$2,650
Jersey City, NJ	$2,463	$2,800	$2,695	$2,800
Union City, NJ	$1,800	$2,100	$2,850	$2,825
Cliffside Park, NJ	N/A	$2,275	$3,323	$3,325
Hoboken, NJ	$2,350	$2,925	$4,200	$3,790
Edgewater, NJ	$2,175	$2,600	$3,700	$3,800
New York, NY	$3,610	$4,395	$5,295	$4,500

Top Neighborhoods Near Brooklyn

There are a total of 54 neighborhoods in or near Brooklyn. Some of these neighborhoods include Flatbush, East Harlem, and Washington Heights. We've included the top 30 neighborhoods out of 54 total neighborhoods in or near Brooklyn, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Brooklyn, New York, NY is currently around $4,375 per month. A total of 20 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $4,375. Interestingly, the neighborhoods' average rent is higher than Brooklyn's average rent, which is only $4,027. Out of all the neighborhoods in or near Brooklyn, East Side has the most affordable average rent at $1,950 per month. Whereas, at $8,000 average rent per month, Ocean Beach is the most expensive neighborhood in or near Brooklyn. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Flatbush, New York, NY	$2,855	$2,850	$3,000	$3,100
East Harlem, New York, NY	$3,225	$2,935	$3,195	$3,295
Washington Heights, New York, NY	$2,550	$2,600	$3,149	$3,395
Harlem, New York, NY	$2,663	$3,000	$3,295	$3,450
Bedford-Stuyvesant, New York, NY	$2,585	$3,095	$3,467	$3,500
Bushwick, New York, NY	$2,700	$3,040	$3,449	$3,500
Crown Heights, New York, NY	$2,943	$3,375	$3,500	$3,606
West Harlem, New York, NY	$2,700	$3,000	$3,425	$3,625
Long Island City, New York, NY	$3,255	$4,187	$6,041	$4,172
Upper East Side, New York, NY	$2,850	$3,600	$4,750	$4,195
Downtown Brooklyn, New York, NY	$3,451	$4,271	$5,950	$4,328
Prospect Heights, New York, NY	$3,580	$4,415	$5,987	$4,330
Murray Hill, New York, NY	$3,534	$4,550	$5,895	$4,400
Financial District, New York, NY	$3,644	$4,675	$6,500	$4,400
Hell's Kitchen, New York, NY	$3,715	$4,440	$5,683	$4,695
West Village, New York, NY	$4,313	$4,650	$6,150	$4,800
Greenwich Village, New York, NY	$4,100	$5,000	$4,995	$4,840
Upper West Side, New York, NY	$3,398	$4,375	$6,911	$4,900
Midtown East, New York, NY	$3,400	$4,600	$5,595	$4,900
East Village, New York, NY	$2,871	$3,695	$4,890	$4,950
Kips Bay, New York, NY	$3,850	$4,170	$5,495	$4,995
Williamsburg, New York, NY	$3,908	$4,748	$4,800	$4,999
Midtown South, New York, NY	$3,525	$5,034	$7,745	$5,000
Chelsea, New York, NY	$4,000	$5,487	$8,030	$5,300
Hudson Yards, New York, NY	$3,993	$5,174	$7,352	$5,390
NoMad, New York, NY	$4,420	$5,590	$8,567	$5,596
Midtown, New York, NY	$3,604	$4,634	$6,895	$5,663
Lower East Side, New York, NY	$3,300	$4,195	$4,595	$5,695
Gramercy Park, New York, NY	$3,713	$5,095	$5,495	$5,895
Tribeca, New York, NY	$4,493	$6,148	$7,495	$6,500

Top Counties Near Brooklyn

There are a total of 54 counties located by Brooklyn, New York, NY. Some of these counties include Elizabeth, NJ, Bayonne, NJ, and West New York, NJ. The average rent for rentals in these counties is $3,745. That's roughly around $3 per sqft. A total of 24 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,975. Vice versa, with an average rent of $16,000, Westport, CT is the most expensive county by Brooklyn, New York, NY.

Typically, rent for studios in Brooklyn, New York, NY is 60.10% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Brooklyn, New York, NY is 41.67% more expensive than other counties nearby. Finally, rent for two bedrooms in Brooklyn, New York, NY is 23.02% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Elizabeth, NJ	N/A	$1,900	$2,200	$2,500
Bayonne, NJ	$2,125	$1,961	$2,516	$2,500
West New York, NJ	$1,700	$2,463	$2,650	$2,650
Jersey City, NJ	$2,463	$2,800	$2,695	$2,800
Union City, NJ	$1,800	$2,100	$2,850	$2,825
North Bergen, NJ	N/A	$2,000	$3,085	$2,900
Cliffside Park, NJ	N/A	$2,275	$3,323	$3,325
Queens, New York, NY	$3,113	$3,100	$4,100	$3,590
Hoboken, NJ	$2,350	$2,925	$4,200	$3,790
Manhattan, New York, NY	$3,650	$4,500	$5,595	$4,700

Top Zipcodes Near Brooklyn

There are a total of 50 zipcodes in or near Brooklyn, New York, NY. The average rent for all of these zipcodes is $4,566. A total of 14 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 07756, Ocean Grove, NJ at $2,700 per month. In comparison, the zipcode with the most expensive average rent of $8,500 per month is 07762, Spring Lake Heights, NJ.

Studios in these zipcodes have an average rent of $3,380. That's at least $8 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Brooklyn, New York, NY is $4,095 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,392 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Brooklyn, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
10016, New York, NY	$3,650	$4,395	$5,600	$4,695
10003, New York, NY	$3,900	$3,995	$5,495	$5,250
10019, New York, NY	$3,619	$4,495	$6,400	$4,850
10009, New York, NY	$2,700	$3,750	$4,750	$4,895
10128, New York, NY	$3,238	$3,995	$5,498	$4,200
10038, New York, NY	$3,650	$4,694	$6,325	$4,569
10022, New York, NY	$3,400	$4,725	$4,995	$4,725
10005, New York, NY	$3,669	$4,675	$6,683	$4,305
10011, New York, NY	$3,800	$5,500	$6,495	$4,950
10010, New York, NY	$4,050	$5,067	$5,389	$5,195

Frequently Asked Questions - Brooklyn Average Rents

What is the average rent price in Brooklyn, New York, NY?

The average monthly rental price for Brooklyn, New York, NY apartments for rent is approximately $4,027. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Brooklyn, New York, NY.

How much is a studio apartment in Brooklyn, New York, NY?

The average monthly rental price for studio apartments is $3,603 and an average price per square feet of $4.50. There are a total of 487 studio apartment listings currently available for rent in Brooklyn.

How much is a one bedroom apartment in Brooklyn, New York, NY?

The average monthly rental price for one bedroom apartments is $4,050 and an average price per square feet of $6.23. There are a total of 953 one bedroom apartment listings currently available for rent in Brooklyn.

How much is a two bedroom apartment in Brooklyn, New York, NY?

The average monthly rental price for two bedroom apartments is $4,190 and an average price per square feet of $4.91. There are a total of 1,190 two bedroom apartment listings currently available for rent in Brooklyn.

How have rent prices in Brooklyn, New York, NY changed this year?

Rent prices for rentals in Brooklyn, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.05%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by -0.03%, and three bedroom rental prices have changed by 0.01% year-over-year.

What is a reasonable rent price in Brooklyn, New York, NY?

A reasonable rent price in Brooklyn, New York, NY is around $3,222/month. You can search for these reasonably priced rental listings on RentHop.