Average Rent in Brooklyn, New York, NY

Current Versus Historical Brooklyn, New York, NY Rents

Brooklyn rentals average $3,495 for a studio rental to $4,700 for a 4-bedroom rental. The median price of all currently available listings is $3,892, or roughly $5 per square feet.

For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have increased by $83 (2.51%) year-over-year from $3,317 to $3,400. 1-bedroom rentals prices have increased by $265 (7.50%) year-over-year from $3,530 to $3,795. 2-bedroom rentals prices have decreased by $236 (-5.55%) year-over-year from $4,256 to $4,020. 3-bedroom rentals prices have increased by $108 (2.76%) year-over-year from $3,892 to $3,999. 4-bedroom rentals prices have increased by $594 (12.10%) year-over-year from $4,907 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 0.01% this month. 1-bedroom rents have gone down by 1.13% this month. 2-bedroom rents have gone down by 2.26% this month. 3-bedroom rents have gone up by 2.59% this month. 4-bedroom rents have gone up by 6.80% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$5.00	$3,400	$3,317 (2.51%)	$2,249 (51.20%)
1 BR	$6.03	$3,795	$3,530 (7.50%)	$2,413 (57.25%)
2 BR	$4.64	$4,020	$4,256 (-5.55%)	$2,567 (56.62%)
3 BR	$3.42	$3,999	$3,892 (2.76%)	$2,700 (48.11%)
4+ BR	$3.57	$5,500	$4,907 (12.10%)	$3,450 (59.42%)

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 33 cities nearby Brooklyn. The average rent in Brooklyn is currently $3,000 per month. A total of 20 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 Brooklyn, New York, NY is Westport, CT. Monthly rents here are on average $15,000 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 52.79% more expensive than other cities nearby. One bedrooms are about 42.49% more expensive. Two bedrooms in Brooklyn, New York, NY are about 28.75% more expensive. Finally, rent for three bedrooms are about 10.03% more affordable. Want more information? Check out the top 10 cities out of 33 total cities near Brooklyn, New York, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Newark, NJ	$2,100	$2,050	$2,100	$2,300
Elizabeth, NJ	$1,861	$1,750	$2,250	$2,400
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
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 Brooklyn

There are a total of 55 neighborhoods in or near Brooklyn. Some of these neighborhoods include Washington Heights, Flatbush, and Bedford-Stuyvesant. We've included the top 30 neighborhoods out of 55 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 $4,334 per month. A total of 20 neighborhoods have a lower average rent. Meaning, only ten neighborhoods have a higher average rent than $4,334. Interestingly, the neighborhoods' average rent is higher than Brooklyn's average rent, which is only $3,892. Out of all the neighborhoods in or near Brooklyn, 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 Brooklyn. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Washington Heights, New York, NY	$2,000	$2,413	$2,887	$3,125
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
East Harlem, New York, NY	$2,675	$3,165	$3,195	$3,370
Harlem, New York, NY	$2,595	$3,095	$3,280	$3,407
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
West Harlem, New York, NY	$2,650	$3,000	$3,400	$3,575
Long Island City, New York, NY	$3,323	$4,035	$5,998	$4,000
Upper East Side, New York, NY	$2,975	$3,600	$4,795	$4,000
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
Hell's Kitchen, New York, NY	$3,500	$4,038	$6,082	$4,500
Midtown East, New York, NY	$3,398	$4,200	$5,595	$4,500
Williamsburg, New York, NY	$3,626	$4,500	$4,650	$4,650
Murray Hill, New York, NY	$3,600	$4,299	$6,440	$4,750
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
Kips Bay, New York, NY	$3,795	$4,165	$5,303	$4,938
Upper West Side, New York, NY	$3,218	$4,477	$6,325	$4,950
Midtown South, New York, NY	$3,785	$4,995	$6,858	$5,000
Hudson Yards, New York, NY	$3,699	$4,559	$6,900	$5,000
Lower East Side, New York, NY	$3,695	$3,495	$4,548	$5,195
Chelsea, New York, NY	$3,937	$5,498	$7,795	$5,295
Midtown, New York, NY	$3,634	$4,400	$6,895	$5,500
NoMad, New York, NY	$4,446	$5,596	$8,506	$5,716
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 Brooklyn

There are a total of 55 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 $3,485. That's roughly around $3 per sqft. A total of 25 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 Brooklyn, New York, NY.

Typically, rent for studios in Brooklyn, New York, NY is 46.20% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Brooklyn, New York, NY is 39.92% more expensive than other counties nearby. Finally, rent for two bedrooms in Brooklyn, New York, NY is 24.19% 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	$1,861	$1,750	$2,250	$2,400
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
Union City, NJ	$1,900	$2,300	$2,800	$2,800
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
Manhattan, New York, NY	$3,575	$4,383	$5,500	$4,595

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 $4,464. A total of 12 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11375, New York, NY 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 Brooklyn, 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 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	$3,698	$4,250	$5,895	$4,700
10003, New York, NY	$3,815	$4,800	$5,110	$4,999
10019, New York, NY	$3,607	$4,195	$6,500	$4,800
10009, New York, NY	$2,625	$3,650	$4,495	$4,495
10128, New York, NY	$3,415	$3,795	$5,333	$3,900
10038, New York, NY	$3,495	$4,500	$6,462	$4,405
10022, New York, NY	$3,350	$4,500	$5,300	$4,500
10005, New York, NY	$3,530	$4,600	$5,810	$4,300
10011, New York, NY	$3,600	$5,850	$5,900	$4,795
10010, New York, NY	$4,050	$4,760	$5,415	$5,390

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 $3,892. 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 $3,495 and an average price per square feet of $5.00. There are a total of 469 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 $3,995 and an average price per square feet of $6.03. There are a total of 869 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 $4,000 and an average price per square feet of $4.64. There are a total of 898 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 0.03%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by -0.06%, and three bedroom rental prices have changed by 0.03% 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 $3,114/month. You can search for these reasonably priced rental listings on RentHop.