Average Rent in Downtown Brooklyn, New York, NY

Home » NY » New York » Downtown Brooklyn

Current Versus Historical Downtown Brooklyn, New York, NY Rents

Downtown Brooklyn rentals average $3,451 for a studio rental to $7,200 for a 3-bedroom rental. The median price of all currently available listings is $4,328, or roughly $7 per square feet.

For the apartment units and housing in June 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $48 (-1.40%) year-over-year from $3,448 to $3,400. 1-bedroom rentals prices have increased by $17 (0.40%) year-over-year from $4,283 to $4,300. 2-bedroom rentals prices have increased by $237 (3.90%) year-over-year from $6,063 to $6,300. 3-bedroom rentals prices have increased by $1,988 (26.91%) year-over-year from $7,387 to $9,375. 4-bedroom rentals prices have increased by $7,900 (60.31%) year-over-year from $13,100 to $21,000. 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 0.04% this month. 1-bedroom rents have gone up by 0.51% this month. 2-bedroom rents have gone up by 5.06% this month. 3-bedroom rents have gone up by 9.01% this month. 4-bedroom rents have gone down by 0.00% this month.

Beds	Price / Sqft	Jun 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$7.63	$3,400	$3,448 (-1.40%)	$2,643 (28.66%)
1 BR	$6.47	$4,300	$4,283 (0.40%)	$3,399 (26.50%)
2 BR	$6.26	$6,300	$6,063 (3.90%)	$4,803 (31.16%)
3 BR	$4.66	$9,375	$7,387 (26.91%)	$6,051 (54.94%)

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 34 cities nearby Downtown Brooklyn. The average rent in Downtown Brooklyn is currently $3,525 per month. A total of 23 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 Downtown Brooklyn, New York, NY is Westport, CT. Monthly rents here are on average $16,000 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 80.44% more expensive than other cities nearby. One bedrooms are about 52.00% more expensive. Two bedrooms in Downtown Brooklyn, New York, NY are about 50.55% more expensive. Finally, rent for three bedrooms are about 42.05% more expensive. Want more information? Check out the top 10 cities out of 34 total cities near Downtown 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
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
Palisades Park, NJ	N/A	$1,850	$2,935	$3,700
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 Downtown Brooklyn

There are a total of 53 neighborhoods in or near Downtown Brooklyn. Some of these neighborhoods include Flatbush, Bedford-Stuyvesant, and Bushwick. We've included the top 30 neighborhoods out of 53 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 $4,400 per month. A total of 24 neighborhoods have a lower average rent. Meaning, only six neighborhoods have a higher average rent than $4,400. Interestingly, the neighborhoods' average rent is higher than Downtown Brooklyn's average rent, which is only $4,328. Out of all the neighborhoods in or near Downtown 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 Downtown 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
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
Fort Greene, New York, NY	$3,495	$4,246	$6,495	$3,783
The Waterfront, Jersey City, NJ	$3,095	$3,688	$4,947	$3,918
NoHo, New York, NY	$4,000	$4,125	$7,875	$4,150
Bowery, New York, NY	$2,800	$3,499	$4,300	$4,199
Prospect Heights, New York, NY	$3,580	$4,415	$5,987	$4,330
Clinton Hill, New York, NY	$3,046	$3,995	$4,983	$4,350
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
NoLita, New York, NY	$3,480	$4,495	$5,795	$4,495
Flatiron District, New York, NY	$4,150	$5,900	$9,250	$4,650
Greenpoint, New York, NY	$3,667	$4,300	$5,550	$4,675
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
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
Little Italy, New York, NY	$3,900	$5,000	$5,495	$5,395
Stuyvesant Town - Peter Cooper Village, New York, NY	N/A	$5,047	$6,075	$5,429
NoMad, New York, NY	$4,420	$5,590	$8,567	$5,596
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
DUMBO, New York, NY	$4,159	$5,123	$6,894	$6,000
Battery Park City, New York, NY	$5,000	$4,990	$7,247	$6,190
Tribeca, New York, NY	$4,493	$6,148	$7,495	$6,500
SoHo, New York, NY	$5,725	$4,995	$9,400	$6,750

Top Counties Near Downtown Brooklyn

There are a total of 53 counties located by Downtown Brooklyn, New York, NY. Some of these counties include Newark, NJ, Bayonne, NJ, and West New York, NJ. The average rent for rentals in these counties is $3,845. That's roughly around $3 per sqft. A total of 26 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 Downtown Brooklyn, New York, NY.

Typically, rent for studios in Downtown Brooklyn, New York, NY is 58.35% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Downtown Brooklyn, New York, NY is 42.78% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Brooklyn, New York, NY is 44.35% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Newark, NJ	$1,975	$1,800	$2,100	$2,350
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
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
Brooklyn, New York, NY	$3,603	$4,050	$4,190	$4,027
Manhattan, New York, NY	$3,650	$4,500	$5,595	$4,700

Top Zipcodes Near Downtown Brooklyn

There are a total of 50 zipcodes in or near Downtown Brooklyn, New York, NY. The average rent for all of these zipcodes is $4,566. A total of 21 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 Downtown 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 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
11201, New York, NY	$3,489	$4,289	$6,443	$4,562
11217, New York, NY	$3,550	$4,430	$6,438	$4,300
10038, New York, NY	$3,650	$4,694	$6,325	$4,569
10002, New York, NY	$3,025	$4,195	$4,400	$5,495
11238, New York, NY	$3,433	$4,225	$4,850	$4,295
10005, New York, NY	$3,669	$4,675	$6,683	$4,305
10007, New York, NY	$4,500	$6,225	$8,898	$6,500
10004, New York, NY	$3,626	$4,697	$6,997	$4,039
11211, New York, NY	$3,950	$4,837	$5,500	$5,176
11216, New York, NY	$2,625	$3,350	$3,529	$3,667

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 $4,328. 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 $3,451 and an average price per square feet of $7.63. There are a total of 46 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 $4,271 and an average price per square feet of $6.47. There are a total of 108 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 $5,950 and an average price per square feet of $6.26. There are a total of 66 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 0.00%, two bedroom rental prices have changed by 0.04%, and three bedroom rental prices have changed by 0.27% 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 $3,462/month. You can search for these reasonably priced rental listings on RentHop.