Average Rent in Boerum Hill, New York, NY

Home  »  NY  »  New York  »  Boerum Hill

Current Versus Historical Boerum Hill, New York, NY Rents

Boerum Hill rentals average $3,075 for a studio rental to $4,500 for a 3-bedroom rental. The median price of all currently available listings is $4,398, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have decreased by $308 (-9.30%) year-over-year from $3,308 to $3,000. 1-bedroom rentals prices have increased by $358 (9.84%) year-over-year from $3,642 to $4,000. 2-bedroom rentals prices have decreased by $492 (-9.66%) year-over-year from $5,092 to $4,600. 3-bedroom rentals prices have decreased by $3,550 (-44.10%) year-over-year from $8,050 to $4,500. 4-bedroom rentals prices have increased by $1,334 (9.76%) year-over-year from $13,666 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 down by 6.99% this month. 1-bedroom rents have gone down by 5.47% this month. 2-bedroom rents have gone down by 6.68% this month. 3-bedroom rents have gone down by 46.00% this month. 4-bedroom rents have gone up by 55.98% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $3,000 $3,308 (-9.30%) $2,355 (27.41%)
1 BR $4.12 $4,000 $3,642 (9.84%) $2,899 (37.99%)
2 BR $4.13 $4,600 $5,092 (-9.66%) $3,412 (34.83%)
3 BR N/A $4,500 $8,050 (-44.10%) $3,475 (29.50%)

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 33 cities nearby Boerum Hill. The average rent in Boerum Hill is currently $3,000 per month. A total of 27 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,950, 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 $15,000 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 46.34% more expensive than other cities nearby. One bedrooms are about 47.72% more expensive. Two bedrooms in Boerum Hill, New York, NY are about 32.90% more expensive. Finally, rent for three bedrooms are about 2.22% more expensive. Want more information? Check out the top 10 cities out of 33 total cities near Boerum Hill, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $2,100 $2,050 $2,100 $2,300
Bayonne, NJ $2,325 $2,047 $2,422 $2,400
Elizabeth, NJ $1,861 $1,750 $2,250 $2,400
West New York, NJ N/A $2,525 $2,850 $2,698
Jersey City, NJ $2,815 $2,650 $2,650 $2,700
Union City, NJ $1,900 $2,300 $2,800 $2,800
Cliffside Park, NJ N/A $2,150 $3,100 $3,000
Hoboken, NJ $3,066 $3,200 $4,200 $3,700
Palisades Park, NJ $1,500 $2,000 $2,843 $3,775
New York, NY $3,522 $4,200 $5,057 $4,395

Top Neighborhoods Near Boerum Hill

There are a total of 55 neighborhoods in or near Boerum Hill. Some of these neighborhoods include East Flatbush, Flatbush, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 55 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 $4,334 per month. A total of 28 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $4,334. 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 $2,837 $2,600 $2,900 $2,900
Flatbush, New York, NY $2,800 $2,892 $3,193 $3,290
Bedford-Stuyvesant, New York, NY $2,375 $2,850 $3,067 $3,300
Bushwick, New York, NY $2,650 $2,799 $3,450 $3,450
Crown Heights, New York, NY $2,800 $2,819 $3,675 $3,500
Clinton Hill, New York, NY $3,050 $3,500 $5,997 $3,600
The Waterfront, Jersey City, NJ $3,036 $3,510 $5,040 $3,614
Brooklyn Heights, New York, NY $3,750 $4,095 $5,900 $3,995
Bowery, New York, NY $2,870 $3,995 $3,999 $3,995
Fort Greene, New York, NY $3,475 $4,750 $6,268 $4,020
Downtown Brooklyn, New York, NY $3,378 $4,195 $5,765 $4,195
Prospect Heights, New York, NY $3,598 $4,410 $6,100 $4,300
Financial District, New York, NY $3,495 $4,500 $6,375 $4,334
East Village, New York, NY $2,850 $3,625 $4,495 $4,495
NoLita, New York, NY $3,545 $4,495 $4,895 $4,495
Williamsburg, New York, NY $3,626 $4,500 $4,650 $4,650
West Village, New York, NY $4,575 $4,750 $6,250 $4,795
Greenwich Village, New York, NY $4,150 $4,800 $5,075 $4,800
Greenpoint, New York, NY $3,495 $4,400 $5,850 $4,898
Kips Bay, New York, NY $3,795 $4,165 $5,303 $4,938
NoHo, New York, NY $3,850 $5,000 $7,750 $5,000
Little Italy, New York, NY $3,900 $5,000 $5,500 $5,000
Flatiron District, New York, NY $4,050 $5,900 $8,500 $5,150
Lower East Side, New York, NY $3,695 $3,495 $4,548 $5,195
SoHo, New York, NY $2,995 $3,950 $15,000 $5,300
Battery Park City, New York, NY $3,550 $4,532 $6,750 $5,500
NoMad, New York, NY $4,446 $5,596 $8,506 $5,716
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,067 $6,075 $5,848
Gramercy Park, New York, NY $3,815 $5,223 $5,295 $6,039
Tribeca, New York, NY $4,250 $6,063 $7,295 $6,895

Top Counties Near Boerum Hill

There are a total of 55 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 $3,738. That's roughly around $3 per sqft. A total of 36 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,950. Vice versa, with an average rent of $15,000, Westport, CT is the most expensive county by Boerum Hill, New York, NY.

Typically, rent for studios in Boerum Hill, New York, NY is 38.85% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Boerum Hill, New York, NY is 45.22% more expensive than other counties nearby. Finally, rent for two bedrooms in Boerum Hill, New York, NY is 27.60% 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 $2,100 $2,050 $2,100 $2,300
Bayonne, NJ $2,325 $2,047 $2,422 $2,400
West New York, NJ N/A $2,525 $2,850 $2,698
Jersey City, NJ $2,815 $2,650 $2,650 $2,700
North Bergen, NJ $2,250 $2,125 $2,850 $2,850
Cliffside Park, NJ N/A $2,150 $3,100 $3,000
Queens, New York, NY $2,970 $2,667 $3,275 $3,200
Hoboken, NJ $3,066 $3,200 $4,200 $3,700
Brooklyn, New York, NY $3,495 $3,995 $4,000 $3,892
Manhattan, New York, NY $3,575 $4,383 $5,500 $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 $4,464. A total of 23 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 $3,000 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 $3,351. 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 $4,073 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,317 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 $3,550 $4,450 $6,259 $4,315
11201, New York, NY $3,425 $4,200 $5,900 $4,246
11238, New York, NY $3,445 $4,095 $5,966 $4,070
10004, New York, NY $3,500 $4,450 $6,953 $4,164
10038, New York, NY $3,495 $4,500 $6,462 $4,405
10005, New York, NY $3,530 $4,600 $5,810 $4,300
11216, New York, NY $2,250 $2,965 $3,400 $3,400
10002, New York, NY $3,695 $3,795 $4,495 $4,750
10007, New York, NY $4,313 $6,125 $7,823 $6,554
11211, New York, NY $3,626 $4,640 $4,800 $4,800

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 $4,398. 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 $3,075 and an average price per square feet of $0. There are a total of 2 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 $4,395 and an average price per square feet of $4.12. There are a total of 5 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 $4,248 and an average price per square feet of $4.13. There are a total of 4 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 -0.09%, one bedroom rental prices have changed by 0.10%, two bedroom rental prices have changed by -0.10%, and three bedroom rental prices have changed by -0.44% 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 $3,518/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast