Downtown Brooklyn, Brooklyn, NY Rental Market Trends
Last updated: February 24, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Brooklyn is $4,297, a 2.26% decrease compared to the previous year, when the average rent was $4,396.
Studio Apartments at $3,702 offer the most budget-friendly option with 251 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 398 square feet for $4,454, balancing privacy and affordability.
Two-beedroom units at $5,160 offer 987 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,510 sq ft) for $7,488, suitable for larger households.
Average rent in Downtown Brooklyn, Brooklyn, NY
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $4,297 | 406 sq. ft. |
| Studio | $3,702 | 251 sq. ft. |
| 1 Bed | $4,454 | 398 sq. ft. |
| 2 Beds | $5,160 | 987 sq. ft. |
| 3 Beds | $7,488 | 1,510 sq. ft. |
Downtown Brooklyn, Brooklyn, NY rent trends
Rental prices in Downtown Brooklyn, Brooklyn, NY have decreased by 2.26% over the past year. The average rent moved from $4,396 to $4,297.
Do most people rent or own in Downtown Brooklyn, Brooklyn, NY?
8,036 or 64% of the households in Downtown Brooklyn, Brooklyn, NY are renter-occupied while 4,430 or 36% are owner-occupied.
Most affordable neighborhoods in Downtown Brooklyn?
Midwood $1,892/month
Manhattan Beach $2,066/month
Gravesend $2,107/month
All of these neighborhoods fall below the city wide average of $4,351/month.Most expensive neighborhoods in Downtown Brooklyn?
DUMBO $4,922/month
Boerum Hill $5,105/month
Prospect Heights $5,200/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Brooklyn, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Prospect Heights | $5,200 |
| Boerum Hill | $5,105 |
| DUMBO | $4,922 |
| Williamsburg | $4,884 |
| Greenpoint | $4,752 |
| Downtown Brooklyn | $4,297 |
| Fort Greene | $3,636 |
| Coney Island | $3,320 |
| Prospect - Lefferts Gardens | $3,315 |
| Flatbush | $3,161 |
| Prospect Park South | $2,639 |
| Sheepshead Bay | $2,487 |
| Kensington | $2,374 |
| Brighton Beach | $2,199 |
| Bedford-Stuyvesant | $2,145 |
| Gravesend | $2,107 |
| Manhattan Beach | $2,066 |
| Midwood | $1,892 |
Brooklyn | Rent Comparison by Neighborhood
Rent in Downtown Brooklyn is 100% higher than in Bedford-Stuyvesant
Downtown Brooklyn rent is the same as Brooklyn average
Bedford-Stuyvesant rent is 50% lower than Brooklyn average
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 Downtown 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.