Average Rent in South Brooklyn, New York, NY

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Current Versus Historical South Brooklyn, New York, NY Rents

South Brooklyn rentals average $4,650 for a studio rental to $9,250 for a 4-bedroom rental. The median price of all currently available listings is $4,295, or roughly $4 per square feet.
For the apartment units and housing in April 2024, median rents have risen over the last year. Studio rentals prices have decreased by $269 (-8.69%) year-over-year from $3,094 to $2,825. 1-bedroom rentals prices have increased by $268 (8.29%) year-over-year from $3,232 to $3,500. 2-bedroom rentals prices have increased by $10 (0.23%) year-over-year from $4,390 to $4,400. 3-bedroom rentals prices have increased by $202 (3.60%) year-over-year from $5,598 to $5,800. 4-bedroom rentals prices have decreased by $165 (-1.36%) year-over-year from $12,165 to $12,000. 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 up by 2.62% this month. 1-bedroom rents have gone up by 2.21% this month. 2-bedroom rents have gone up by 1.54% this month. 3-bedroom rents have gone down by 6.50% this month. 4-bedroom rents have gone up by 5.88% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $3.49 $2,825 $3,094 (-8.69%) $2,143 (31.82%)
1 BR $5.19 $3,500 $3,232 (8.29%) $2,582 (35.57%)
2 BR $4.85 $4,400 $4,390 (0.23%) $2,982 (47.57%)
3 BR $4.20 $5,800 $5,598 (3.60%) $3,233 (79.38%)
4+ BR $3.68 $12,000 $12,165 (-1.36%) $4,548 (163.83%)

Historical Rents in South Brooklyn, New York, NY

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near South Brooklyn

There are a total of 32 cities nearby South Brooklyn. The average rent in South Brooklyn is currently $3,300 per month. A total of 24 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 South Brooklyn, New York, NY is Westport, CT. Monthly rents here are on average $16,000 per month.

Let's compare South Brooklyn, New York, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in South Brooklyn, New York, NY is 62.63% more expensive than other cities nearby. One bedrooms are about 35.81% more expensive. Two bedrooms in South Brooklyn, New York, NY are about 28.04% more expensive. Finally, rent for three bedrooms are about 10.98% more expensive. Want more information? Check out the top 10 cities out of 32 total cities near South Brooklyn, New York, NY in the following chart.
City Studio 1 Bed 2 Bed All
Newark, NJ $2,000 $1,975 $2,100 $2,300
Bayonne, NJ $2,275 $2,057 $2,443 $2,400
Elizabeth, NJ N/A $1,750 $2,300 $2,500
Jersey City, NJ $2,700 $2,700 $2,650 $2,700
West New York, NJ $2,139 $2,538 $2,850 $2,748
Union City, NJ $1,900 $2,100 $2,800 $2,800
Cliffside Park, NJ N/A $2,150 $3,338 $3,100
Hoboken, NJ $3,043 $3,194 $4,200 $3,600
Palisades Park, NJ N/A $1,950 $2,625 $3,775
New York, NY $3,500 $4,203 $5,100 $4,400

Top Neighborhoods Near South Brooklyn

There are a total of 53 neighborhoods in or near South Brooklyn. Some of these neighborhoods include Bay Ridge, East Flatbush, and Ridgewood. We've included the top 30 neighborhoods out of 53 total neighborhoods in or near South Brooklyn, New York, NY in the following chart.

The average rent for these 30 neighborhoods in or near South Brooklyn, New York, NY is currently around $4,375 per month. A total of 26 neighborhoods have a lower average rent. Meaning, only four neighborhoods have a higher average rent than $4,375. Interestingly, the neighborhoods' average rent is higher than South Brooklyn's average rent, which is only $4,295. Out of all the neighborhoods in or near South 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 South Brooklyn. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Bay Ridge, New York, NY $4,235 $2,295 $2,623 $2,600
East Flatbush, New York, NY $3,050 $2,475 $2,900 $2,900
Ridgewood, New York, NY N/A $2,550 $3,069 $3,250
Flatbush, New York, NY $2,800 $3,150 $3,425 $3,300
Bedford-Stuyvesant, New York, NY $2,539 $2,856 $3,150 $3,350
Bushwick, New York, NY $2,650 $2,800 $3,400 $3,499
Crown Heights, New York, NY $2,800 $2,769 $3,741 $3,500
Clinton Hill, New York, NY $3,152 $3,500 $6,163 $3,600
The Waterfront, Jersey City, NJ $3,018 $3,490 $5,187 $3,671
Bowery, New York, NY $2,870 $3,995 $4,250 $3,995
Downtown Brooklyn, New York, NY $3,389 $4,198 $5,765 $4,170
Prospect Heights, New York, NY $3,625 $4,427 $5,966 $4,280
Financial District, New York, NY $3,513 $4,514 $6,463 $4,375
East Village, New York, NY $2,650 $3,600 $4,495 $4,495
NoLita, New York, NY $3,795 $4,495 $5,600 $4,495
Murray Hill, New York, NY $3,509 $4,257 $6,415 $4,717
Williamsburg, New York, NY $3,574 $4,506 $4,675 $4,750
West Village, New York, NY $4,750 $4,650 $6,750 $4,795
Greenwich Village, New York, NY $3,975 $4,800 $5,075 $4,800
Kips Bay, New York, NY $3,795 $4,050 $5,300 $4,950
Flatiron District, New York, NY $4,050 $5,895 $8,571 $4,995
Little Italy, New York, NY $3,900 $4,975 $5,500 $5,000
Battery Park City, New York, NY $3,700 $4,450 $6,350 $5,095
Lower East Side, New York, NY $3,300 $3,600 $4,598 $5,195
Greenpoint, New York, NY $3,495 $4,354 $5,650 $5,200
NoMad, New York, NY $4,446 $5,596 $8,506 $5,610
Stuyvesant Town - Peter Cooper Village, New York, NY N/A $5,082 $6,179 $5,661
Gramercy Park, New York, NY $3,815 $5,086 $5,312 $6,395
Tribeca, New York, NY $4,250 $5,950 $7,245 $6,898
SoHo, New York, NY $4,700 $4,448 $13,000 $7,500

Top Counties Near South Brooklyn

There are a total of 53 counties located by South Brooklyn, New York, NY. Some of these counties include Newark, NJ, Bayonne, NJ, and Elizabeth, NJ. The average rent for rentals in these counties is $3,630. That's roughly around $3 per sqft. A total of 32 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 $16,000, Westport, CT is the most expensive county by South Brooklyn, New York, NY.

Typically, rent for studios in South Brooklyn, New York, NY is 57.33% more expensive than other counties nearby. In comparison, rent for one bedroom listings in South Brooklyn, New York, NY is 29.15% more expensive than other counties nearby. Finally, rent for two bedrooms in South Brooklyn, New York, NY is 27.27% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Newark, NJ $2,000 $1,975 $2,100 $2,300
Bayonne, NJ $2,275 $2,057 $2,443 $2,400
Elizabeth, NJ N/A $1,750 $2,300 $2,500
Jersey City, NJ $2,700 $2,700 $2,650 $2,700
West New York, NJ $2,139 $2,538 $2,850 $2,748
North Bergen, NJ $2,149 $2,125 $2,850 $2,800
Queens, New York, NY $3,087 $2,695 $3,200 $3,200
Hoboken, NJ $3,043 $3,194 $4,200 $3,600
Brooklyn, New York, NY $3,487 $3,997 $4,100 $3,954
Manhattan, New York, NY $3,555 $4,390 $5,600 $4,600

Top Zipcodes Near South Brooklyn

There are a total of 50 zipcodes in or near South Brooklyn, New York, NY. The average rent for all of these zipcodes is $4,495. A total of 18 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 $2,950 per month. In comparison, the zipcode with the most expensive average rent of $7,500 per month is 07762, Spring Lake Heights, NJ.

Studios in these zipcodes have an average rent of $3,331. 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 South Brooklyn, New York, NY is $4,119 per month. Or in other words, $7 per sqft. Meanwhile, two bedroom apartments will cost you an average of $5,498 per month. Which comes out to $6 per sqft. The following chart includes the top 10 zipcodes in South Brooklyn, New York, NY. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
11217, New York, NY $3,595 $4,450 $6,425 $4,348
11238, New York, NY $3,612 $4,114 $5,800 $3,940
11201, New York, NY $3,399 $4,198 $6,000 $4,275
10004, New York, NY $3,580 $4,531 $6,894 $4,271
11226, New York, NY $2,800 $3,236 $3,550 $3,300
11216, New York, NY $2,599 $2,935 $3,600 $3,667
10005, New York, NY $3,535 $4,550 $6,500 $4,334
10038, New York, NY $3,533 $4,539 $6,380 $4,500
10007, New York, NY $4,375 $6,335 $8,195 $6,925
10002, New York, NY $3,300 $3,795 $4,495 $5,000

Frequently Asked Questions - South Brooklyn Average Rents

What is the average rent price in South Brooklyn, New York, NY?
The average monthly rental price for South Brooklyn, New York, NY apartments for rent is approximately $4,295. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do South 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 South Brooklyn, New York, NY.
How much is a studio apartment in South Brooklyn, New York, NY?
The average monthly rental price for studio apartments is $4,650 and an average price per square feet of $3.49. There are a total of 56 studio apartment listings currently available for rent in South Brooklyn.
How much is a one bedroom apartment in South Brooklyn, New York, NY?
The average monthly rental price for one bedroom apartments is $3,550 and an average price per square feet of $5.19. There are a total of 43 one bedroom apartment listings currently available for rent in South Brooklyn.
How much is a two bedroom apartment in South Brooklyn, New York, NY?
The average monthly rental price for two bedroom apartments is $4,400 and an average price per square feet of $4.85. There are a total of 69 two bedroom apartment listings currently available for rent in South Brooklyn.
How have rent prices in South Brooklyn, New York, NY changed this year?
Rent prices for rentals in South Brooklyn, New York, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.09%, one bedroom rental prices have changed by 0.08%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.04% year-over-year.
What is a reasonable rent price in South Brooklyn, New York, NY?
A reasonable rent price in South Brooklyn, New York, NY is around $3,436/month. You can search for these reasonably priced rental listings on RentHop.
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