Brooklyn, NY Rental Market Trends
Last updated: May 16, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Brooklyn is $3,963, a 15.37% increase compared to the previous year, when the average rent was $3,435.
Studio Apartments at $3,667 offer the most budget-friendly option with 478 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 667 square feet for $4,091, balancing privacy and affordability.
Two-beedroom units at $4,232 offer 932 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,018 sq ft) for $2,618, suitable for larger households.
Average rent in Brooklyn, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $3,963 | 734 sq. ft. |
| Studio | $3,667 | 478 sq. ft. |
| 1 Bed | $4,091 | 667 sq. ft. |
| 2 Beds | $4,232 | 932 sq. ft. |
| 3 Beds | $2,618 | 1,018 sq. ft. |
Brooklyn, NY rent trends
What's the typical rent budget in Brooklyn, NY?
The largest share of rentals in Brooklyn, NY (74%) fall between $3,000- per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Brooklyn, NY?
687,090 or 70% of the households in Brooklyn, NY are renter-occupied while 288,222 or 30% are owner-occupied.
Most affordable neighborhoods in Brooklyn?
East New York $1,767/month
Brownsville $1,864/month
Midwood $1,892/month
All of these neighborhoods fall below the city wide average of $3,963/month.Most expensive neighborhoods in Brooklyn?
Downtown Brooklyn $5,122/month
Greenpoint $5,544/month
Brooklyn Heights $6,162/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Brooklyn, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Brooklyn Heights | $6,162 |
| Greenpoint | $5,544 |
| Downtown Brooklyn | $5,122 |
| Williamsburg | $4,951 |
| Fort Greene | $4,793 |
| Gowanus | $4,503 |
| Prospect Heights | $4,230 |
| Crown Heights | $3,899 |
| Bedford-Stuyvesant | $3,888 |
| Clinton Hill | $3,826 |
| Coney Island | $3,486 |
| Park Slope | $3,431 |
| Flatbush | $3,407 |
| Bushwick | $3,381 |
| Sheepshead Bay | $2,487 |
| Canarsie | $2,425 |
| Brighton Beach | $2,199 |
| Midwood | $1,892 |
| Brownsville | $1,864 |
| East New York | $1,767 |
Brooklyn | Rent Comparison by Neighborhood
Rent in Bedford-Stuyvesant is 77% higher than in Brighton Beach
Bedford-Stuyvesant rent is 2% lower than Brooklyn average
Brighton Beach rent is 45% lower than Brooklyn average
How Brooklyn Compares to Other Cities
| City | Average Rent |
|---|---|
| Brooklyn | $3,963 |
| New York City | $4,719 |
| Manhattan | $5,345 |
| Hudson Valley | $2,599 |
| Queens | $3,974 |
| Ithaca | $2,228 |
| Albany | $1,739 |
| Buffalo | $1,422 |
| Rochester | $1,510 |
| Poughkeepsie | $1,979 |
| Yonkers | $2,634 |
| Jersey City, NJ | $3,688 |
| Newark, NJ | $1,722 |
| Bayonne, NJ | $2,580 |
| Elizabeth, NJ | $1,855 |
| Hoboken, NJ | $4,500 |
| Union City, NJ | $2,156 |
| Long Beach, NY | $3,773 |
| Linden, NJ | $2,137 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Brooklyn apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.