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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 57% of DUMBO's rentals, 43% are small-scale complexes with under 50 units, and 0.2% are single-family rentals.

    DUMBO, Brooklyn, NY demographics

    • 4,406Total Population
    • 2,353 Female
      2,053 Male
    • 35Median Age

    In total, DUMBO, Brooklyn, NY has 4,406 residents, 2,353 women and 2,053 men, per U.S. Census recent estimates. Statistics show that the median age of DUMBO’s population is 35.

    DUMBO, Brooklyn, NY households

    • 918 Family
      1,190 Non-family
    • 396 Children
      1,712 No Children
    • 2,109Total Number of Households
    • 0.93Average People Per Household
    • $169,285Median Household Income

    There is a total of 2,109 households in DUMBO, Brooklyn, NY. Of these, 396 have children and 1,712 are without children. Per Census Bureau’s most current estimates, 918 family households and 1,190 non-family households live in this area. The size of a household in DUMBO is 0.93 people, on average. The median household annual income in DUMBO equals $169,285, and the monthly housing costs equal $3,142.

    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, 11% went to high-school, and 8% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 38% hold a Bachelor Degree, and 38% hold a Graduate Degree.