Average Rent in Downtown Brooklyn, New York, NY

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Current Versus Historical Downtown Brooklyn, New York, NY Rents

Downtown Brooklyn rentals average $3,322 for a studio rental to $7,512 for a 3-bedroom rental. The median price of all currently available listings is $4,350, or roughly $6 per square feet.
For the apartment units and housing in February 2025, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $53 (-1.56%) year-over-year from $3,406 to $3,353. 1-bedroom rentals prices have increased by $151 (3.63%) year-over-year from $4,151 to $4,302. 2-bedroom rentals prices have increased by $15 (0.27%) year-over-year from $5,776 to $5,792. 3-bedroom rentals prices have decreased by $1,361 (-15.33%) year-over-year from $8,882 to $7,521. 4-bedroom rentals prices have increased by $6,833 (31.54%) year-over-year from $21,667 to $28,500. 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 down by 0.75% this month. 1-bedroom rents have gone up by 0.88% this month. 2-bedroom rents have gone up by 1.00% this month. 3-bedroom rents have gone up by 0.75% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Feb 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $7.08 $3,353 $3,406 (-1.56%) $3,002 (11.69%)
1 BR $6.29 $4,302 $4,151 (3.63%) $3,838 (12.07%)
2 BR $5.61 $5,792 $5,776 (0.27%) $5,258 (10.15%)
3 BR $5.57 $7,521 $8,882 (-15.33%) $8,816 (-14.69%)

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 20 cities nearby Downtown Brooklyn. The average rent in Downtown Brooklyn is currently $4,200 per month. A total of 13 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,200, 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 $8,500 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 82.31% more expensive than other cities nearby. One bedrooms are about 35.23% more expensive. Two bedrooms in Downtown Brooklyn, New York, NY are about 38.61% more expensive. Finally, rent for three bedrooms are about 37.76% more expensive. Want more information? Check out the top 10 cities out of 20 total cities near Downtown Brooklyn, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Yonkers, NY $1,995 $2,325 $2,750 $2,843
White Plains, NY $2,150 $2,728 $3,550 $3,200
Asbury Park, NJ $1,825 $2,500 $3,850 $3,240
Glen Cove, NY $2,550 $3,200 $3,525 $3,445
Long Beach, NY $2,000 $2,595 $3,600 $3,700
Long Branch, NJ N/A $2,950 $3,550 $4,200
Oakhurst, NJ N/A N/A N/A $4,200
Harrison, NY $2,658 $2,990 $4,073 $4,236
New York, NY $3,475 $4,267 $5,495 $4,269
New Rochelle, NY N/A $3,100 $4,479 $4,385

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 Crown Heights. 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 $4,300 per month. A total of 28 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $4,300. Out of all the neighborhoods in or near Downtown Brooklyn, East Side has the most affordable average rent at $2,250 per month. Whereas, at $8,500 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 $2,618 $2,830 $3,200 $3,013
Bedford-Stuyvesant, New York, NY $2,453 $3,000 $3,250 $3,298
Crown Heights, New York, NY $2,861 $3,000 $3,662 $3,350
Bushwick, New York, NY $2,795 $3,300 $3,400 $3,356
Bowery, New York, NY $2,800 $3,500 $4,345 $3,500
Clinton Hill, New York, NY $3,125 $3,995 $4,506 $4,012
Murray Hill, New York, NY $3,400 $4,500 $6,525 $4,150
Park Slope, New York, NY $5,000 $3,725 $4,250 $4,200
Little Italy, New York, NY $3,500 $4,125 $5,495 $4,250
Prospect Heights, New York, NY $3,625 $4,350 $5,995 $4,300
Fort Greene, New York, NY $3,500 $4,400 $6,495 $4,339
Midtown South, New York, NY $3,800 $4,695 $5,950 $4,398
Financial District, New York, NY $3,500 $4,600 $6,400 $4,450
Kips Bay, New York, NY $3,850 $4,060 $5,575 $4,495
East Village, New York, NY $3,250 $3,795 $4,995 $4,595
Greenpoint, New York, NY $3,475 $4,168 $6,141 $4,700
Brooklyn Heights, New York, NY $3,509 $4,370 $9,480 $4,884
Williamsburg, New York, NY $3,827 $4,764 $5,618 $4,995
NoLita, New York, NY N/A $4,695 $5,495 $4,995
DUMBO, New York, NY $3,600 $4,912 $7,725 $5,200
Lower East Side, New York, NY $3,596 $3,995 $5,148 $5,300
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $4,997 $6,199 $5,327
West Village, New York, NY $4,728 $5,500 $6,148 $5,400
Flatiron District, New York, NY $4,350 $5,675 $9,500 $5,600
Greenwich Village, New York, NY $4,175 $5,650 $6,422 $5,650
NoMad, New York, NY $4,444 $5,686 $8,778 $5,683
Battery Park City, New York, NY $4,194 $5,086 $8,525 $5,850
Gramercy Park, New York, NY $3,650 $5,568 $5,895 $5,865
SoHo, New York, NY $3,195 $4,495 $13,500 $6,748
Tribeca, New York, NY $4,493 $6,569 $8,500 $7,800

Top Counties Near Downtown Brooklyn

There are a total of 53 counties located by Downtown Brooklyn, New York, NY. Some of these counties include Woodbridge, NJ, Yonkers, NY, and Bronx, New York, NY. The average rent for rentals in these counties is $3,698. That's roughly around $3 per sqft. A total of 23 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $2,200. Vice versa, with an average rent of $8,500, Westport, CT is the most expensive county by Downtown Brooklyn, New York, NY.

Typically, rent for studios in Downtown Brooklyn, New York, NY is 46.38% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Downtown Brooklyn, New York, NY is 39.13% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Brooklyn, New York, NY is 41.16% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Woodbridge, NJ N/A $1,888 $2,525 $2,725
Yonkers, NY $1,995 $2,325 $2,750 $2,843
Bronx, New York, NY $2,200 $2,500 $3,046 $3,138
Queens, New York, NY $2,996 $2,975 $3,500 $3,300
Hempstead, NY $2,000 $2,500 $3,305 $3,695
Long Beach, NY $2,000 $2,595 $3,600 $3,700
Brooklyn, New York, NY $3,415 $3,925 $4,200 $3,900
New Rochelle, NY N/A $3,100 $4,479 $4,385
North Hempstead, NY $2,500 $3,110 $3,975 $4,450
Manhattan, New York, NY $3,500 $4,500 $5,995 $4,595

Top Zipcodes Near Downtown Brooklyn

There are a total of 5 zipcodes in or near Downtown Brooklyn, New York, NY. The average rent for all of these zipcodes is $3,163. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 10035, New York, NY at $2,975 per month. In comparison, the zipcode with the most expensive average rent of $4,899 per month is 10023, New York, NY.

Studios in these zipcodes have an average rent of $2,730. That's at least $5 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 $2,713 per month. Or in other words, $4 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,650 per month. Which comes out to $3 per sqft. The following chart includes the top 5 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
10023, New York, NY $3,375 $5,070 $8,200 $4,899
10128, New York, NY $3,350 $4,150 $5,708 $3,948
10035, New York, NY $2,299 $2,713 $3,200 $2,975
11375, New York, NY $2,730 $2,625 $3,650 $3,000
10463, New York, NY $2,500 $2,665 $3,350 $3,163

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 $4,350. 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 $3,322 and an average price per square feet of $7.08. There are a total of 52 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 $4,267 and an average price per square feet of $6.29. There are a total of 132 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 $5,783 and an average price per square feet of $5.61. There are a total of 65 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 -0.02%, one bedroom rental prices have changed by 0.04%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by -0.15% 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 $3,480/month. You can search for these reasonably priced rental listings on RentHop.
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