Average Rent in DUMBO, New York, NY

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Current Versus Historical DUMBO, New York, NY Rents

DUMBO rentals average $3,995 for a studio rental to $12,000 for a 3-bedroom rental. The median price of all currently available listings is $5,750, or roughly $86 per square feet.
For the apartment units and housing in June 2026, median rents have risen over the last year. Studio rentals prices have decreased by $39 (-1.01%) year-over-year from $3,862 to $3,823. 1-bedroom rentals prices have increased by $368 (7.26%) year-over-year from $5,067 to $5,435. 2-bedroom rentals prices have decreased by $661 (-8.16%) year-over-year from $8,106 to $7,445. 3-bedroom rentals prices have increased by $200 (1.69%) year-over-year from $11,800 to $12,000. 4-bedroom rentals prices have increased by $5,852 (29.04%) year-over-year from $20,148 to $26,000. 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 2.30% this month. 1-bedroom rents have gone down by 2.64% this month. 2-bedroom rents have gone down by 11.22% this month. 3-bedroom rents have gone down by 7.69% this month. 4-bedroom rents have gone up by 11.43% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $90.27 $3,823 $3,862 (-1.01%) $3,655 (4.58%)
1 BR $86.47 $5,435 $5,067 (7.26%) $4,863 (11.76%)
2 BR $79.54 $7,445 $8,106 (-8.16%) $6,440 (15.61%)
3 BR $90.45 $12,000 $11,800 (1.69%) $10,242 (17.16%)

Historical Rents in DUMBO, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near DUMBO

There are a total of 26 cities nearby DUMBO. The average rent in DUMBO is currently $3,200 per month. A total of 23 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $2,000, is the most affordable city nearby. In contrast, the most expensive city near DUMBO, New York, NY is Westport, CT. Monthly rents here are on average $11,500 per month.

Let's compare DUMBO, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in DUMBO, New York, NY is 47.90% more expensive than other cities nearby. One bedrooms are about 50.58% more expensive. Two bedrooms in DUMBO, New York, NY are about 59.55% more expensive. Finally, rent for three bedrooms are about 66.46% more expensive. Want more information? Check out the top 10 cities out of 26 total cities near DUMBO, New York, NY in the following table.
City Studio 1 Bed 2 Bed All
Newark, NJ $2,088 $1,759 $2,200 $2,300
Hackensack, NJ $1,795 $2,175 $2,850 $2,500
Yonkers, NY $1,698 $2,200 $2,500 $2,600
Bayonne, NJ $2,399 $2,739 $3,475 $2,795
Jersey City, NJ $3,146 $3,262 $2,400 $2,872
Fort Lee, NJ $1,748 $2,350 $3,200 $3,000
Cliffside Park, NJ $1,923 $2,150 $3,200 $3,200
Palisades Park, NJ $1,875 $2,038 $3,000 $3,200
Edgewater, NJ $2,455 $2,700 $4,225 $3,900
New York, NY $3,800 $4,650 $6,284 $4,900

Top Neighborhoods Near DUMBO

There are a total of 72 neighborhoods in or near DUMBO. Some of these neighborhoods include Prospect Heights, Gowanus, and Clinton Hill. We've included the top 30 neighborhoods out of 72 total neighborhoods in or near DUMBO, New York, NY in the following table.

The average rent for these 30 neighborhoods in or near DUMBO, New York, NY is currently around $4,652 per month. A total of 56 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than DUMBO's average rent, which is actually $5,750. Out of all the neighborhoods in or near DUMBO, West End - West Side has the most affordable average rent at $2,000 per month. Whereas, at $8,295 average rent per month, Little Italy is the most expensive neighborhood in or near DUMBO. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Prospect Heights, New York, NY $3,630 $4,378 $6,295 $4,338
Gowanus, New York, NY $3,407 $4,100 $6,490 $4,400
Clinton Hill, New York, NY $3,575 $4,195 $5,850 $4,513
Downtown Brooklyn, New York, NY $3,635 $4,421 $6,373 $4,600
Fort Greene, New York, NY $3,465 $4,575 $6,705 $4,650
Park Slope, New York, NY $3,238 $3,765 $4,948 $4,750
NoHo, New York, NY $4,500 $5,650 $12,000 $4,750
Brooklyn Heights, New York, NY $3,996 $4,600 $6,949 $4,950
Greenpoint, New York, NY $3,645 $4,503 $6,895 $4,999
Financial District, New York, NY $4,093 $5,295 $7,200 $5,150
Williamsburg, New York, NY $4,150 $4,700 $6,200 $5,200
Boerum Hill, New York, NY $3,960 $4,655 $6,645 $5,218
Kips Bay, New York, NY $3,998 $4,570 $6,241 $5,420
NoLita, New York, NY $4,295 $5,495 $6,995 $5,495
Flatiron District, New York, NY $5,000 $6,800 $10,808 $5,500
Greenwich Village, New York, NY $4,600 $6,210 $8,365 $5,681
East Village, New York, NY $3,900 $4,295 $6,450 $5,900
West Village, New York, NY $4,473 $5,795 $7,495 $5,950
Bowery, New York, NY $4,345 $3,995 $6,495 $5,995
Carroll Gardens, New York, NY $4,000 $4,108 $6,025 $6,050
Two Bridges, New York, NY N/A $5,295 $8,750 $6,100
NoMad, New York, NY $4,452 $5,751 $8,030 $6,373
Lower East Side, New York, NY $4,112 $4,795 $5,995 $6,500
Civic Center, New York, NY $5,000 $5,897 $9,500 $6,500
SoHo, New York, NY $4,000 $5,325 $8,000 $6,600
Battery Park City, New York, NY $4,585 $5,650 $7,425 $6,800
Gramercy Park, New York, NY $4,095 $5,700 $5,788 $6,895
Stuyvesant Town - Peter Cooper Village, New York, NY $4,926 $6,517 $7,339 $6,950
Tribeca, New York, NY $6,500 $6,841 $8,495 $7,995
Little Italy, New York, NY $3,750 $4,000 $3,900 $8,295

Top Counties Near DUMBO

There are a total of 38 counties located by DUMBO, New York, NY. Some of these counties include Newark, NJ, Bayonne, NJ, and Jersey City, NJ. The average rent for rentals in these counties is $3,247. That's roughly around $39 per sqft. A total of 38 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. Its average rent per month is $2,000. Vice versa, with an average rent of $5,446, Manhattan, New York, NY is the most expensive county by DUMBO, New York, NY.

Typically, rent for studios in DUMBO, New York, NY is 47.90% more expensive than other counties nearby. In comparison, rent for one bedroom listings in DUMBO, New York, NY is 53.19% more expensive than other counties nearby. Finally, rent for two bedrooms in DUMBO, New York, NY is 59.07% more expensive than other counties nearby. We've listed the top 10 counties in the table below.
County Studio 1 Bed 2 Bed All
Newark, NJ $2,088 $1,759 $2,200 $2,300
Bayonne, NJ $2,399 $2,739 $3,475 $2,795
Jersey City, NJ $3,146 $3,262 $2,400 $2,872
Fort Lee, NJ $1,748 $2,350 $3,200 $3,000
Cliffside Park, NJ $1,923 $2,150 $3,200 $3,200
Palisades Park, NJ $1,875 $2,038 $3,000 $3,200
Queens, New York, NY $3,475 $3,554 $4,250 $3,700
Edgewater, NJ $2,455 $2,700 $4,225 $3,900
Brooklyn, New York, NY $3,550 $4,100 $5,084 $4,200
Manhattan, New York, NY $3,910 $5,100 $6,900 $5,446

Top Zipcodes Near DUMBO

There are a total of 50 zipcodes in or near DUMBO, New York, NY. The average rent for all of these zipcodes is $4,998. A total of 41 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 11226, New York, NY at $3,200 per month. In comparison, the zipcode with the most expensive average rent of $8,395 per month is 10013, New York, NY.

Studios in these zipcodes have an average rent of $3,664. That's at least $95 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near DUMBO, New York, NY is $4,685 per month. Or in other words, $88 per sqft. Meanwhile, two bedroom apartments will cost you an average of $6,505 per month. Which comes out to $85 per sqft. The following table includes the top 10 zipcodes in DUMBO, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
11201, New York, NY $3,650 $4,500 $6,495 $4,795
10038, New York, NY $3,960 $5,300 $7,195 $5,345
10002, New York, NY $4,289 $5,150 $5,995 $6,425
10005, New York, NY $4,100 $5,075 $7,600 $4,850
10007, New York, NY $6,033 $7,455 $10,500 $7,648
11205, New York, NY $3,410 $3,863 $5,395 $3,995
10006, New York, NY $3,800 $4,973 $6,400 $4,852
10280, New York, NY $4,250 $5,541 $7,350 $5,666
10013, New York, NY $4,385 $6,525 $8,595 $8,395
11217, New York, NY $3,550 $4,500 $6,550 $4,650

Frequently Asked Questions - DUMBO Average Rents

What is the average rent price in DUMBO, New York, NY?
The average monthly rental price for DUMBO, New York, NY apartments for rent is approximately $5,750. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do DUMBO, 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 DUMBO, New York, NY.
How much is a studio apartment in DUMBO, New York, NY?
The average monthly rental price for studio apartments is $3,995 and an average price per square feet of $90.27. There are a total of 9 studio apartment listings currently available for rent in DUMBO.
How much is a one bedroom apartment in DUMBO, New York, NY?
The average monthly rental price for one bedroom apartments is $5,435 and an average price per square feet of $86.47. There are a total of 32 one bedroom apartment listings currently available for rent in DUMBO.
How much is a two bedroom apartment in DUMBO, New York, NY?
The average monthly rental price for two bedroom apartments is $7,819 and an average price per square feet of $79.54. There are a total of 27 two bedroom apartment listings currently available for rent in DUMBO.
How have rent prices in DUMBO, New York, NY changed this year?
Rent prices for rentals in DUMBO, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.01%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by -0.08%, three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in DUMBO, New York, NY?
A reasonable rent price in DUMBO, New York, NY is around $4,600/month. You can search for these reasonably priced rental listings on RentHop.
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