Average Rent in Flatbush, New York, NY

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Current Versus Historical Flatbush, New York, NY Rents

Flatbush rentals average $2,625 for a studio rental to $3,895 for a 4-bedroom rental. The median price of all currently available listings is $3,250, or roughly $4 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $371 (15.35%) year-over-year from $2,419 to $2,790. 1-bedroom rentals prices have increased by $374 (13.90%) year-over-year from $2,690 to $3,064. 2-bedroom rentals prices have increased by $460 (15.65%) year-over-year from $2,940 to $3,400. 3-bedroom rentals prices have increased by $552 (16.74%) year-over-year from $3,298 to $3,850. 4-bedroom rentals prices have decreased by $155 (-3.83%) year-over-year from $4,050 to $3,895. 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 2.59% this month. 1-bedroom rents have gone up by 7.40% this month. 2-bedroom rents have gone up by 4.16% this month. 3-bedroom rents have gone up by 2.67% this month. 4-bedroom rents have gone down by 3.89% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $5.37 $2,790 $2,419 (15.35%) $1,818 (53.48%)
1 BR $4.88 $3,064 $2,690 (13.90%) $2,020 (51.71%)
2 BR $4.17 $3,400 $2,940 (15.65%) $2,296 (48.11%)
3 BR $3.82 $3,850 $3,298 (16.74%) $2,700 (42.59%)
4+ BR $4.63 $3,895 $4,050 (-3.83%) $3,100 (25.65%)

Historical Rents in Flatbush, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Flatbush

There are a total of 34 cities nearby Flatbush. The average rent in Flatbush is currently $3,525 per month. A total of 14 cities nearby have an average rent lower than that. Our records show that Bridgeport, CT, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near Flatbush, New York, NY is Westport, CT. Monthly rents here are on average $16,000 per month.

Let's compare Flatbush, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Flatbush, New York, NY is 39.04% more expensive than other cities nearby. One bedrooms are about 24.10% more expensive. Two bedrooms in Flatbush, New York, NY are about 3.92% more expensive. Finally, rent for three bedrooms are about 16.72% more affordable. Want more information? Check out the top 10 cities out of 34 total cities near Flatbush, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $1,975 $2,075 $2,100 $2,300
Elizabeth, NJ N/A $1,700 $2,200 $2,400
Bayonne, NJ $2,275 $2,036 $2,524 $2,500
Jersey City, NJ $2,348 $2,700 $2,675 $2,795
Union City, NJ $1,850 $2,150 $2,800 $2,800
West New York, NJ $1,700 $2,550 $3,200 $2,850
Cliffside Park, NJ N/A $2,125 $3,348 $3,300
Palisades Park, NJ N/A $1,800 $2,750 $3,500
Hoboken, NJ $3,056 $3,225 $3,950 $3,550
New York, NY $3,540 $4,200 $5,143 $4,400

Top Neighborhoods Near Flatbush

There are a total of 52 neighborhoods in or near Flatbush. Some of these neighborhoods include East Flatbush, Bedford-Stuyvesant, and Bushwick. We've included the top 30 neighborhoods out of 52 total neighborhoods in or near Flatbush, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near Flatbush, New York, NY is currently around $4,338 per month. A total of 8 neighborhoods have a lower average rent. Meaning, only twenty-two neighborhoods have a higher average rent than $4,338. Interestingly, the neighborhoods' average rent is higher than Flatbush's average rent, which is only $3,250. Out of all the neighborhoods in or near Flatbush, East Side has the most affordable average rent at $1,950 per month. Whereas, at $8,250 average rent per month, Ocean Beach is the most expensive neighborhood in or near Flatbush. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
East Flatbush, New York, NY $3,050 $2,500 $2,983 $3,000
Bedford-Stuyvesant, New York, NY $2,300 $2,785 $3,299 $3,395
Bushwick, New York, NY $2,650 $2,850 $3,400 $3,400
Ridgewood, New York, NY N/A $2,758 $3,456 $3,425
The Waterfront, Jersey City, NJ $3,021 $3,494 $4,950 $3,635
Crown Heights, New York, NY $2,800 $2,750 $3,763 $3,660
Fort Greene, New York, NY $3,560 $4,540 $5,363 $3,730
Clinton Hill, New York, NY $3,152 $3,600 $5,843 $3,790
Bowery, New York, NY $2,870 $3,575 $4,250 $3,995
Downtown Brooklyn, New York, NY $3,410 $4,255 $5,927 $4,260
Prospect Heights, New York, NY $3,608 $4,415 $6,100 $4,295
Murray Hill, New York, NY $3,459 $4,200 $6,200 $4,300
Financial District, New York, NY $3,600 $4,500 $6,400 $4,375
NoLita, New York, NY $3,900 $4,495 $5,298 $4,495
East Village, New York, NY $2,738 $3,650 $4,595 $4,695
Greenwich Village, New York, NY $3,530 $4,800 $5,013 $4,700
Williamsburg, New York, NY $3,650 $4,551 $4,650 $4,750
West Village, New York, NY $3,998 $5,273 $6,750 $4,800
Kips Bay, New York, NY $3,806 $4,095 $5,329 $4,995
Little Italy, New York, NY $3,900 $5,000 $5,500 $5,000
Lower East Side, New York, NY $2,625 $3,395 $4,495 $5,195
Greenpoint, New York, NY $3,454 $4,583 $5,550 $5,200
NoHo, New York, NY $4,000 $5,300 $7,750 $5,328
Battery Park City, New York, NY $3,745 $4,888 $6,750 $5,500
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,052 $5,887 $5,594
NoMad, New York, NY $4,385 $5,590 $8,346 $5,672
Flatiron District, New York, NY $4,050 $5,900 $9,000 $5,850
Gramercy Park, New York, NY $3,815 $5,095 $5,480 $6,395
Tribeca, New York, NY $4,425 $5,895 $7,295 $6,800
SoHo, New York, NY $4,850 $4,450 $13,500 $7,950

Top Counties Near Flatbush

There are a total of 52 counties located by Flatbush, New York, NY. Some of these counties include Elizabeth, NJ, Bayonne, NJ, and Jersey City, NJ. The average rent for rentals in these counties is $3,556. That's roughly around $3 per sqft. A total of 15 counties have a lower average rent. The county that is the most affordable is Bridgeport, CT. It's average rent per month is $1,900. Vice versa, with an average rent of $16,000, Westport, CT is the most expensive county by Flatbush, New York, NY.

Typically, rent for studios in Flatbush, New York, NY is 39.04% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Flatbush, New York, NY is 10.76% more expensive than other counties nearby. Finally, rent for two bedrooms in Flatbush, New York, NY is 0.38% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Elizabeth, NJ N/A $1,700 $2,200 $2,400
Bayonne, NJ $2,275 $2,036 $2,524 $2,500
Jersey City, NJ $2,348 $2,700 $2,675 $2,795
North Bergen, NJ $2,149 $2,100 $2,875 $2,800
West New York, NJ $1,700 $2,550 $3,200 $2,850
Cliffside Park, NJ N/A $2,125 $3,348 $3,300
Queens, New York, NY $3,204 $2,997 $3,425 $3,350
Hoboken, NJ $3,056 $3,225 $3,950 $3,550
Brooklyn, New York, NY $3,475 $3,995 $4,100 $3,950
Manhattan, New York, NY $3,595 $4,342 $5,600 $4,595

Top Zipcodes Near Flatbush

There are a total of 50 zipcodes in or near Flatbush, New York, NY. The average rent for all of these zipcodes is $4,495. A total of 5 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 07762, Spring Lake Heights, NJ.

Studios in these zipcodes have an average rent of $3,325. That's at least $8 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Flatbush, New York, NY is $4,025 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,600 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in Flatbush, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
11226, New York, NY $2,625 $3,014 $3,250 $3,250
11238, New York, NY $3,538 $3,975 $5,727 $3,975
11216, New York, NY $2,330 $2,999 $3,825 $3,750
11217, New York, NY $3,575 $4,445 $6,495 $4,308
11221, New York, NY $2,650 $2,850 $3,000 $3,250
11201, New York, NY $3,421 $4,255 $5,995 $4,425
11206, New York, NY $3,200 $3,046 $4,300 $4,432
10004, New York, NY $3,750 $4,343 $6,600 $4,139
11237, New York, NY $3,000 $3,125 $3,500 $3,600
11211, New York, NY $3,679 $4,642 $5,300 $4,900

Frequently Asked Questions - Flatbush Average Rents

What is the average rent price in Flatbush, New York, NY?
The average monthly rental price for Flatbush, New York, NY apartments for rent is approximately $3,250. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Flatbush, 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 Flatbush, New York, NY.
How much is a studio apartment in Flatbush, New York, NY?
The average monthly rental price for studio apartments is $2,625 and an average price per square feet of $5.37. There are a total of 22 studio apartment listings currently available for rent in Flatbush.
How much is a one bedroom apartment in Flatbush, New York, NY?
The average monthly rental price for one bedroom apartments is $2,998 and an average price per square feet of $4.88. There are a total of 48 one bedroom apartment listings currently available for rent in Flatbush.
How much is a two bedroom apartment in Flatbush, New York, NY?
The average monthly rental price for two bedroom apartments is $3,250 and an average price per square feet of $4.17. There are a total of 67 two bedroom apartment listings currently available for rent in Flatbush.
How have rent prices in Flatbush, New York, NY changed this year?
Rent prices for rentals in Flatbush, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by 0.15%, one bedroom rental prices have changed by 0.14%, two bedroom rental prices have changed by 0.16%, and three bedroom rental prices have changed by 0.17% year-over-year.
What is a reasonable rent price in Flatbush, New York, NY?
A reasonable rent price in Flatbush, New York, NY is around $2,600/month. You can search for these reasonably priced rental listings on RentHop.
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