Sheepshead Bay, Brooklyn, NY Rental Market Trends

Last updated: February 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Sheepshead Bay, Brooklyn, NY

Last updated: February 22, 2026

Sheepshead Bay, Brooklyn, NY rent trends

Rental prices in Sheepshead Bay, Brooklyn, NY have decreased by 12.61% over the past year. The average rent moved from $2,846 to $2,487.

What's the typical rent budget in Sheepshead Bay, Brooklyn, NY?

The largest share of rentals in Sheepshead Bay, Brooklyn, NY (40%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Sheepshead Bay, Brooklyn, NY?

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Average Rent in Brooklyn, NY By Neighborhood

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Brooklyn | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Sheepshead Bay is 16% higher than in Bedford-Stuyvesant

$2,487

Sheepshead Bay rent is the same as Brooklyn average

Average Rent $2,487
$2,145

Bedford-Stuyvesant rent is 14% lower than Brooklyn average

Average Rent $2,145

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 Sheepshead Bay 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.