Average Rent in Brooklyn & Rent Price Trends
Considering a move to Brooklyn? Before you start apartment hunting, learn about the local rental market. Make sure you know the average rent in Brooklyn to get your budget started!
Average Rent in Brooklyn
- The average rent for a Brooklyn studio apartment is $2,771
- The average rent for a Brooklyn 1-bedroom apartment is $2,786
- The average rent for a Brooklyn 2-bedroom apartment is $3,057
- The average rent for a Brooklyn 3-bedroom apartment is $3,240
Note: The data provided reflects our available units on Apartment List. For data that reflects the entire market, we recommend you visit our Rent Report, which is created based on our holistic methodology. You can also download the raw data containing rent estimates for hundreds of cities across the country.
Brooklyn Rent Trends: Rent Growth
Brooklyn rents have increased by 3.53% compared to last month, and are down by -7.91% compared to last year.
Brooklyn Rent Trends: Inventory by Average Apartment Rent
- <1% of apartments in Brooklyn cost less than $1,000 per month.
- 17% of apartments in Brooklyn cost between $1,000-$1,999 per month.
- 47% of apartments in Brooklyn cost between $2,000-$2,999 per month.
- 36% of apartments in Brooklyn cost over $3,000 per month.
Brooklyn Rent Trends: Inventory by Apartment Type
- 21% of apartments in Brooklyn are studio apartments.
- 34% of apartments in Brooklyn are 1-bedroom apartments.
- 27% of apartments in Brooklyn are 2-bedroom apartments.
- 17% of apartments in Brooklyn are 3-bedroom apartments.
Average Rent in Brooklyn Neighborhoods
Have your ideal Brooklyn neighborhood already picked out? Rent prices across neighborhoods can vary, so get familiar with the average rent prices across the various neighborhoods in Brooklyn.
- The most expensive neighborhoods in Brooklyn are Greenpoint ($4,275), Downtown Brooklyn ($3,524), and Brooklyn Heights ($3,134).
- The most affordable neighborhoods in Brooklyn are Flatbush ($2,220), Bedford-Stuyvesant ($2,182), and Crown Heights ($1,973).
Neighborhood | Average 1- Bedroom Rent |
---|---|
Greenpoint | $4,275 |
Downtown Brooklyn | $3,524 |
Brooklyn Heights | $3,134 |
Williamsburg | $2,986 |
Park Slope | $2,802 |
Flatbush | $2,220 |
Bedford-Stuyvesant | $2,182 |
Crown Heights | $1,973 |
Learn about the best neighborhoods in Brooklyn.
What Salary Do You Need to Live in Brooklyn?
Using the 30% rule, we can give a rough estimate of the salary needed to rent an apartment in Brooklyn. If these numbers look high, remember that a roommate or two can drastically cut down your monthly rent!
- If you are renting an average priced studio apartment in Brooklyn, your annual salary should be around $110,840 or higher.
- If you are renting an average priced 1-bedroom apartment in Brooklyn, your annual salary should be around $111,440 or higher.
- If you are renting an average priced 2-bedroom apartment in Brooklyn, your annual salary should be around $122,280 or higher.
- If you are renting an average priced 3-bedroom apartment in Brooklyn, your annual salary should be around $129,600 or higher.
Having trouble deciding how much rent you can afford? Try using a rent calculator.
Ready to make the move to Brooklyn? Start apartment hunting in Brooklyn with our quiz and check out the cost of living in New York.