Average Rent in Boerum Hill, New York, NY

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Current Versus Historical Boerum Hill, New York, NY Rents

Boerum Hill rentals average $3,895 for a studio rental to $4,750 for a 3-bedroom rental. The median price of all currently available listings is $4,500, or roughly $327 per square feet.
For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $665 (20.58%) year-over-year from $3,230 to $3,895. 1-bedroom rentals prices have decreased by $725 (-19.59%) year-over-year from $3,700 to $2,975. 2-bedroom rentals prices have decreased by $609 (-11.26%) year-over-year from $5,409 to $4,800. 3-bedroom rentals prices have decreased by $2,950 (-36.65%) year-over-year from $8,050 to $5,100. 4-bedroom rentals prices have increased by $1,400 (10.30%) year-over-year from $13,600 to $15,000. 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 10.81% this month. 1-bedroom rents have gone down by 20.84% this month. 2-bedroom rents have gone down by 6.02% this month. 3-bedroom rents have gone down by 18.18% this month. 4-bedroom rents have gone up by 27.30% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $650.00 $3,895 $3,230 (20.58%) $2,528 (54.05%)
2 BR $4.13 $4,800 $5,409 (-11.26%) $3,428 (40.01%)
3 BR N/A $5,100 $8,050 (-36.65%) $3,583 (42.33%)

Historical Rents in Boerum Hill, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Boerum Hill

There are a total of 32 cities nearby Boerum Hill. The average rent in Boerum Hill is currently $3,369 per month. A total of 26 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,925, is the most affordable city nearby. In contrast, the most expensive city near Boerum Hill, New York, NY is Westport, CT. Monthly rents here are on average $17,000 per month.

Let's compare Boerum Hill, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Boerum Hill, New York, NY is 55.71% more expensive than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Boerum Hill, New York, NY are about 34.28% more expensive. Finally, rent for three bedrooms are about 6.45% more expensive. Want more information? Check out the top 10 cities out of 32 total cities near Boerum Hill, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $1,975 $1,800 $2,100 $2,300
Elizabeth, NJ N/A $1,700 $2,000 $2,350
Bayonne, NJ $2,275 $2,047 $2,500 $2,400
West New York, NJ $1,850 $2,550 $2,850 $2,700
Jersey City, NJ $2,825 $2,700 $2,650 $2,795
Union City, NJ $1,900 $2,250 $2,800 $2,800
Cliffside Park, NJ N/A $2,100 $3,363 $3,200
Palisades Park, NJ N/A $1,950 $2,750 $3,600
Hoboken, NJ $3,093 $3,200 $3,950 $3,613
New York, NY $3,500 $4,200 $5,175 $4,400

Top Neighborhoods Near Boerum Hill

There are a total of 54 neighborhoods in or near Boerum Hill. Some of these neighborhoods include East Flatbush, Ridgewood, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 54 total neighborhoods in or near Boerum Hill, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Boerum Hill, New York, NY is currently around $4,340 per month. A total of 30 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Boerum Hill, East Side has the most affordable average rent at $1,900 per month. Whereas, at $8,250 average rent per month, Ocean Beach is the most expensive neighborhood in or near Boerum Hill. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
East Flatbush, New York, NY $3,050 $2,295 $2,875 $2,899
Ridgewood, New York, NY N/A $2,648 $3,000 $3,300
Bedford-Stuyvesant, New York, NY $2,350 $2,850 $3,200 $3,310
Flatbush, New York, NY $2,800 $3,064 $3,455 $3,325
Bushwick, New York, NY $2,650 $2,850 $3,500 $3,500
Crown Heights, New York, NY $2,800 $2,700 $3,717 $3,575
The Waterfront, Jersey City, NJ $3,026 $3,456 $5,008 $3,618
Clinton Hill, New York, NY $3,152 $3,600 $6,084 $3,935
Bowery, New York, NY $2,870 $3,995 $4,253 $3,995
Downtown Brooklyn, New York, NY $3,400 $4,255 $5,938 $4,260
Prospect Heights, New York, NY $3,625 $4,400 $5,966 $4,295
Financial District, New York, NY $3,521 $4,550 $6,495 $4,384
NoLita, New York, NY $3,595 $4,495 $5,050 $4,495
East Village, New York, NY $2,650 $3,695 $4,495 $4,595
Murray Hill, New York, NY $3,540 $4,200 $6,400 $4,600
Williamsburg, New York, NY $3,745 $4,506 $4,750 $4,750
West Village, New York, NY $4,500 $4,650 $6,673 $4,800
Greenwich Village, New York, NY $3,590 $4,800 $5,075 $4,800
Kips Bay, New York, NY $3,793 $4,080 $5,395 $4,995
Little Italy, New York, NY $3,900 $5,000 $5,500 $5,000
Midtown South, New York, NY $3,785 $5,000 $6,904 $5,090
Lower East Side, New York, NY $3,300 $3,495 $4,498 $5,126
Flatiron District, New York, NY $4,050 $5,900 $8,642 $5,150
Greenpoint, New York, NY $3,483 $4,350 $5,550 $5,200
Battery Park City, New York, NY $3,700 $4,539 $6,350 $5,395
NoMad, New York, NY $4,444 $5,591 $8,406 $5,662
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,082 $6,075 $5,745
Gramercy Park, New York, NY $3,815 $5,185 $5,314 $6,395
SoHo, New York, NY $4,550 $4,073 $13,500 $6,845
Tribeca, New York, NY $4,250 $5,895 $7,295 $6,895

Top Counties Near Boerum Hill

There are a total of 54 counties located by Boerum Hill, 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 $3,631. That's roughly around $3 per sqft. A total of 34 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,925. Vice versa, with an average rent of $17,000, Westport, CT is the most expensive county by Boerum Hill, New York, NY.

Typically, rent for studios in Boerum Hill, New York, NY is 52.52% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Boerum Hill, New York, NY is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Boerum Hill, New York, NY is 33.09% 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 $2,300
Bayonne, NJ $2,275 $2,047 $2,500 $2,400
West New York, NJ $1,850 $2,550 $2,850 $2,700
Jersey City, NJ $2,825 $2,700 $2,650 $2,795
North Bergen, NJ $2,149 $2,100 $2,875 $2,800
Queens, New York, NY $3,083 $2,598 $3,200 $3,200
Cliffside Park, NJ N/A $2,100 $3,363 $3,200
Hoboken, NJ $3,093 $3,200 $3,950 $3,613
Brooklyn, New York, NY $3,479 $3,940 $4,000 $3,925
Manhattan, New York, NY $3,549 $4,371 $5,650 $4,595

Top Zipcodes Near Boerum Hill

There are a total of 50 zipcodes in or near Boerum Hill, New York, NY. The average rent for all of these zipcodes is $4,495. A total of 29 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 $2,900 per month. In comparison, the zipcode with the most expensive average rent of $8,000 per month is 11770, Ocean Beach, NY.

Studios in these zipcodes have an average rent of $3,300. That's at least $7 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Boerum Hill, New York, NY is $4,041 per month. Or in other words, $6 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,398 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Boerum Hill, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
11217, New York, NY $3,595 $4,428 $6,225 $4,345
11201, New York, NY $3,425 $4,255 $5,900 $4,400
11238, New York, NY $3,569 $4,043 $5,776 $3,975
10004, New York, NY $3,665 $4,431 $6,883 $4,268
10038, New York, NY $3,500 $4,555 $6,350 $4,500
10005, New York, NY $3,559 $4,583 $6,540 $4,334
11216, New York, NY $2,330 $2,935 $3,750 $3,667
10002, New York, NY $3,300 $3,745 $4,495 $4,750
10007, New York, NY $4,250 $6,498 $8,395 $6,950
11211, New York, NY $3,800 $4,650 $5,200 $4,897

Frequently Asked Questions - Boerum Hill Average Rents

What is the average rent price in Boerum Hill, New York, NY?
The average monthly rental price for Boerum Hill, New York, NY apartments for rent is approximately $4,500. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Boerum Hill, 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 Boerum Hill, New York, NY.
How much is a studio apartment in Boerum Hill, New York, NY?
The average monthly rental price for studio apartments is $3,895 and an average price per square feet of $650.00. There are a total of 7 studio apartment listings currently available for rent in Boerum Hill.
How much is a one bedroom apartment in Boerum Hill, New York, NY?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in Boerum Hill.
How much is a two bedroom apartment in Boerum Hill, New York, NY?
The average monthly rental price for two bedroom apartments is $4,850 and an average price per square feet of $4.13. There are a total of 6 two bedroom apartment listings currently available for rent in Boerum Hill.
How have rent prices in Boerum Hill, New York, NY changed this year?
Rent prices for rentals in Boerum Hill, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.21%, one bedroom rental prices have changed by -0.20%, two bedroom rental prices have changed by -0.11%, and three bedroom rental prices have changed by -0.37% year-over-year.
What is a reasonable rent price in Boerum Hill, New York, NY?
A reasonable rent price in Boerum Hill, New York, NY is around $3,600/month. You can search for these reasonably priced rental listings on RentHop.
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