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DUMBO, Brooklyn, NY rent trends

Rental prices in DUMBO, Brooklyn, NY have decreased by 2.78% over the past year. The average rent moved from $5,062 to $4,922.

Average rent in DUMBO, Brooklyn, NY

$4,922/mo DUMBO, Brooklyn, NY average rental price, May 2025
Image Average Rent

The average monthly rent for an apartment in DUMBO, Brooklyn, NY is around $4,922.

    Getting around in DUMBO, NY

    98 /100
    Walker's Paradise
    100 /100
    Rider's Paradise
    89 /100
    Very Bikeable
    Walk Score®: 98, Transit Score®: 100, Bike Score®: 89

    Frequently asked questions

    What is the average rent in DUMBO, Brooklyn, NY?

    The average rent in DUMBO, Brooklyn, NY is $4,245.

    What type of rental buildings are in DUMBO, Brooklyn, NY?

    In DUMBO, 64% of the residents are renting compared to 36% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 56% of DUMBO's rentals, 44% are small-scale complexes with under 50 units, and 0.1% are single-family rentals.

    DUMBO, Brooklyn, NY demographics

    • 4,497Total Population
    • 2,435 Female
      2,062 Male
    • 35.2Median Age

    In total, DUMBO, Brooklyn, NY has 4,497 residents, 2,435 women and 2,062 men, per U.S. Census recent estimates. Statistics show that the median age of DUMBO’s population is 35.2.

    DUMBO, Brooklyn, NY households

    • 919 Family
      1,246 Non-family
    • 384 Children
      1,781 No Children
    • 2,165Total Number of Households
    • 1.83Average People Per Household
    • $173,136Median Household Income

    There is a total of 2,165 households in DUMBO, Brooklyn, NY. Of these, 384 have children and 1,781 are without children. Per Census Bureau’s most current estimates, 919 family households and 1,246 non-family households live in this area. The size of a household in DUMBO is 1.83 people, on average. The median household annual income in DUMBO equals $173,136, and the monthly housing costs equal $3,275.

    DUMBO, Brooklyn, NY education statistics

    According to data from the U.S. Census Bureau, 2% of the population in DUMBO, Brooklyn, NY have no high school education, 10% went to high-school, and 10% have partially completed college. Moreover, 2% of the population hold an Associate Degree, 38% hold a Bachelor Degree, and 38% hold a Graduate Degree.