Average Rent and Costs in Brooklyn, New York, NY

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There are currently active 3,242 listings advertised for rent in Brooklyn, New York, NY. Brooklyn rentals average $3,400 for a studio rental to $4,060 for a 4-bedroom rental. The median price of all currently available listings is $3,595, or roughly $48 per square feet.
For the apartment units and housing in February 2023, median rents have risen substantially over the last year. Studio rentals prices have increased by $515 (17.85%) year-over-year from $2,885 to $3,400. 1-bedroom rentals prices have increased by $684 (22.66%) year-over-year from $3,017 to $3,700. 2-bedroom rentals prices have increased by $555 (17.94%) year-over-year from $3,095 to $3,650. 3-bedroom rentals prices have increased by $370 (11.82%) year-over-year from $3,130 to $3,500. 4-bedroom rentals prices have increased by $478 (12.03%) year-over-year from $3,972 to $4,450. 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 3.03% this month. 1-bedroom rents have gone up by 6.90% this month. 2-bedroom rents have gone down by 8.60% this month. 3-bedroom rents have gone down by 3.63% this month. 4-bedroom rents have gone down by 0.00% this month.
Current Availabilities February 2023
Bedrooms     Rent Price / sqft     Whole Month Rent 1 Yr Ago Rent (% Change) 3 Yr Ago Rent (% Change)
Studio $3,400 $50 $3,400 $2,885 (17.85%) $2,732 (24.47%)
1 BR $3,750 $64 $3,700 $3,017 (22.66%) $3,000 (23.33%)
2 BR $3,500 $45 $3,650 $3,095 (17.94%) $3,006 (21.41%)
3 BR $3,583 $35 $3,500 $3,130 (11.82%) $2,998 (16.73%)
4+ BR $4,060 $38 $4,450 $3,972 (12.03%) $3,949 (12.66%)

Historical Rents in Brooklyn, New York, NY

Studio
1 Bedroom
2 Bedroom
3 Bedroom
4 Bedroom

Top Cities Near Brooklyn

There are a total of 25 cities nearby Brooklyn. The average rent in Brooklyn is currently $3,000 per month. A total of 16 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,700, is the most affordable city nearby. In contrast, the most expensive city near Brooklyn, New York, NY is Spring Lake, NJ. Monthly rents here are on average $11,500 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 44.12% more expensive than other cities nearby. One bedrooms are about 46.00% more expensive. Two bedrooms in Brooklyn, New York, NY are about 19.29% more expensive. Finally, rent for three bedrooms are about 2.32% more expensive. Want more information? Check out the top 10 cities out of 25 total cities near Brooklyn, New York, NY in the following chart.
City Studio 1BR 2BR All
Newark, NJ $1,950 $1,450 $1,800 $2,000
Bayonne, NJ $2,000 $1,824 $2,400 $2,227
Elizabeth, NJ $2,000 $2,108 $2,375 $2,400
Union City, NJ $2,500 $2,100 $2,400 $2,600
Jersey City, NJ $2,300 $2,595 $2,700 $2,750
West New York, NJ $2,250 $2,789 $3,100 $2,800
Fort Lee, NJ $1,488 $2,500 $3,048 $2,885
Long Beach, NY $1,900 $2,300 $3,050 $3,200
Hoboken, NJ $3,219 $3,000 $4,000 $3,382
New York, NY $3,200 $3,950 $4,900 $4,050

Top Neighborhoods Near Brooklyn

There are a total of 56 neighborhoods in or near Brooklyn. Some of these neighborhoods include Astoria, Washington Heights, and Flatbush. We've included the top 30 neighborhoods out of 56 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 $4,003 per month. A total of 21 neighborhoods have a lower average rent. Meaning, only nine neighborhoods have a higher average rent than $4,003. Interestingly, the neighborhoods' average rent is higher than Brooklyn's average rent, which is only $3,595. Out of all the neighborhoods in or near Brooklyn, Greenville has the most affordable average rent at $2,200 per month. Whereas, at $7,500 average rent per month, SoHo is the most expensive neighborhood in or near Brooklyn. View the following chart for more information.
Neighborhood Studio 1BR 2BR All
Astoria, New York, NY $2,306 $2,675 $2,900 $2,800
Washington Heights, New York, NY $1,850 $2,265 $2,700 $2,850
Flatbush, New York, NY $2,513 $2,729 $2,750 $2,908
Bedford-Stuyvesant, New York, NY $2,350 $2,600 $2,942 $3,162
Harlem, New York, NY $2,275 $2,600 $2,995 $3,195
West Harlem, New York, NY $2,275 $2,500 $3,116 $3,245
East Harlem, New York, NY $3,250 $2,700 $2,995 $3,250
Bushwick, New York, NY $2,542 $2,799 $3,075 $3,274
Upper East Side, New York, NY $2,500 $3,495 $5,850 $3,785
Long Island City, New York, NY $3,200 $3,843 $5,630 $3,930
Financial District, New York, NY $3,295 $4,150 $5,966 $3,975
Murray Hill, New York, NY $3,300 $3,825 $4,250 $3,995
Kips Bay, New York, NY $3,535 $3,830 $4,795 $4,095
Lower East Side, New York, NY $2,488 $3,200 $4,295 $4,195
Downtown Brooklyn, New York, NY $3,195 $4,051 $5,734 $4,255
Hell's Kitchen, New York, NY $3,183 $3,850 $5,400 $4,289
NoLita, New York, NY $3,345 $4,295 $4,995 $4,295
Prospect Heights, New York, NY $3,530 $4,298 $6,700 $4,300
Williamsburg, New York, NY $3,748 $4,512 $4,310 $4,341
East Village, New York, NY $2,600 $3,495 $4,495 $4,395
Hudson Yards, New York, NY $3,720 $4,230 $6,340 $4,413
Midtown East, New York, NY $3,000 $4,300 $5,995 $4,495
Upper West Side, New York, NY $2,998 $4,000 $5,800 $4,500
Chelsea, New York, NY $3,613 $4,950 $6,895 $4,750
Midtown South, New York, NY $3,700 $4,775 $7,249 $4,815
Greenwich Village, New York, NY $3,250 $5,395 $5,500 $4,910
West Village, New York, NY $3,750 $4,750 $5,495 $4,995
Midtown, New York, NY $3,513 $4,150 $5,995 $5,200
Gramercy Park, New York, NY $3,600 $4,275 $5,395 $5,549
NoMad, New York, NY $4,455 $5,218 $8,847 $5,587

Top Counties Near Brooklyn

County Studio 1BR 2BR All
Bayonne, NJ $2,000 $1,824 $2,400 $2,227
Elizabeth, NJ $2,000 $2,108 $2,375 $2,400
Staten Island, New York, NY $4,500 $1,700 $2,200 $2,500
Union City, NJ $2,500 $2,100 $2,400 $2,600
North Bergen, NJ $1,800 $1,925 $3,300 $2,625
Jersey City, NJ $2,300 $2,595 $2,700 $2,750
West New York, NJ $2,250 $2,789 $3,100 $2,800
Queens, New York, NY $3,015 $2,675 $3,200 $3,000
Hoboken, NJ $3,219 $3,000 $4,000 $3,382
Manhattan, New York, NY $3,200 $3,995 $5,200 $4,293

Top Zipcodes Near Brooklyn

Zipcode Studio 1BR 2BR All
10016, New York, NY $3,320 $3,982 $4,650 $4,250
10009, New York, NY $2,599 $3,425 $4,495 $4,295
10003, New York, NY $3,600 $4,000 $5,395 $5,395
10038, New York, NY $3,198 $4,113 $5,895 $4,027
10019, New York, NY $3,280 $3,850 $5,800 $4,576
10005, New York, NY $3,387 $4,150 $6,045 $3,973
10128, New York, NY $3,000 $3,200 $5,934 $3,794
10022, New York, NY $3,000 $4,300 $6,121 $4,495
10011, New York, NY $3,400 $5,240 $6,150 $4,900
10025, New York, NY $3,000 $3,780 $4,900 $4,417
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