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Average Rent in Brooklyn & Rent Price Trends

June 2, 2021

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

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 Average Rent Growth May 2021

Brooklyn rents have increased by 3.53% compared to last month, and are down by -7.91% compared to last year.

Brooklyn Average Rent Prices April 2021

  • <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 Apartment Inventory April 2021

  • 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.

NeighborhoodAverage 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.

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Kimi Kaneshina
AUTHOR
Kimi is a Content Associate and contributing author at Apartment List, helping renters find a new place to call home. Kimi earned her BA in Organizational Studies, Economics from Scripps College. Read More
Rob Warnock
SENIOR RESEARCH ASSOCIATE
Rob is a senior research associate at Apartment List, where he examines trends in the housing and rental markets. Previously he worked in public health policy, and before that, graduated from UCLA with a degree in Globalization. Read More

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