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Rental prices in Midwood, Brooklyn, NY have increased by 0.74% over the past year. The average rent moved from $1,478 to $1,489.
Check out the average rent in Brooklyn.
The national average price of rental apartments is $1,745, while the average monthly rent in Midwood, Brooklyn, NY is $1,489.
The average monthly rent for an apartment in Midwood, Brooklyn, NY is around $1,489.
A share of 92% of apartments in Midwood, Brooklyn, NY have the cheapest rents between $1,001-$1,500. Around 8% of Midwood's apartments have monthly rents between $1,501-$2,000.
The largest share of rentals in Midwood, Brooklyn, NY (92%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average Midwood, Brooklyn, NY studio apartment size is 250 sq. ft.
Studio apartments in Midwood, Brooklyn, NY tend to be more affordable than other apartments and they have lower utility costs.
One of the downsides of living in a studio apartment is the limited storage space.
In total, Midwood, Brooklyn, NY has 112,491 residents, 56,677 women and 55,814 men, per U.S. Census recent estimates. Statistics show that the median age of Midwood’s population is 38.
There is a total of 40,339 households in Midwood, Brooklyn, NY. Of these, 12,784 have children and 27,555 are without children. Per Census Bureau’s most current estimates, 26,214 family households and 14,125 non-family households live in this area. The size of a household in Midwood is 1.86 people, on average. The median household annual income in Midwood equals $76,392, and the monthly housing costs equal $1,804.
According to data from the U.S. Census Bureau, 7% of the population in Midwood, Brooklyn, NY have no high school education, 30% went to high-school, and 16% have partially completed college. Moreover, 8% of the population hold an Associate Degree, 23% hold a Bachelor Degree, and 17% hold a Graduate Degree.
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