Average rent in brooklyn 2020 Next up is Williamsburg, where apartments go for $4,658/month, followed by Downtown Brooklyn with $4,382 If you’re looking to rent in Brooklyn’s most popular neighborhoods, make sure to also check out Flatbush, where renters pay $2,075 on average, and Fort Greene, where the average monthly rent is $3,869. • Vacancies were high among more Mar 9, 2023 · BROOKLYN Rents. Mar 2, 2021 · New data from UrbanDigs collected by Bloomberg shows the median monthly rental prices in Manhattan and Brooklyn have fallen by roughly $500-$700 dollars from their peak before the pandemic. When it comes to 1-bedroom apartments, the average rent in Brooklyn, NY, is $4,379. Sep 9, 2022 · The average household income in 2001 declined to $42,228 due to the recent recession, but it did rise to $50,221 in 2009. 93%, from $3,665 to $3,698. Residents aged 25 to 44 earn $40,942, while those between 45 and 64 years old have a median wage of $46,607. dollars per square foot) [Graph], Douglas Elliman, October 7, 2024. It took us a year to convince the landlords to use the backyard and that’s when they raised the rent. A 1-bedroom apartment in Brooklyn, NY costs about $4,056 on average, while a 2-bedroom apartment is $5,119. Mar 29, 2025 · Find average rent by year nationwide, by square foot, and by state, as well as rent-to-income rates and rent inflation by year. The table below shows the average Fair Market Rents for each in each state for different size homes and apartments. The national average rent price increased 36% during this decade, fueled by a cooking job market and an increase in valuable Apr 11, 2024 · BROOKLYN Rents. This is +126% higher than the national average. As the most populous borough, Brooklyn had the greatest rent burden at 323,136 households. The zipcode with the most affordable average rent for apartment listings is 10035, New York, NY at $3,199 per month. The median rent in Brooklyn was $4,099 in May 2024, up 4% since April and 9% year-over-year. 3% citywide. January 2021 $2,511 JANUARY 2022 | BROOKLYN | RENTAL MARKET Average Median 1 2,529-72% VS. The median rent in Brooklyn was $3,988 in March 2024, up 1% since February and 10% year-over-year. For a studio apartment in Brooklyn, NY, the average rent is $3,549. Mar 14, 2024 · BROOKLYN Rents. Rents in Brooklyn have reached their second-highest median on record. November marked the 26th consecutive month of annual rent growth. SEPTEMBER 2021 Rent Rates Average Listings October 2021 October 2020 1,061 1,874 Median rent in Brooklyn remained the same versus September and was 7% higher year-over-year, the highest annual increase in thirteen months. October 2020 $2,800 Dec 15, 2023 · BROOKLYN Rents. Houses for rent in Brooklyn, NY are more expensive, with an average monthly cost of $3,200. Average rent continued to climb and exceeded the low in January 2021 by 13%. Three family house, not rent stabilized. Median price of residential real estate sold in Brooklyn, NY 2020-2024; Average square OCTOBER 2020 -9% VS. Studios experienced their 28th consecutive month of annual rent growth, the longest streak of any bedroom type — to reach an average of $3,000 per month. . Jan 28, 2025 · The median monthly asking rent of single family homes and apartments in Brooklyn, New York has surged dramatically since 2020, when it slightly dipped as the coronavirus (COVID-19) pandemic 3 days ago · The monthly rent for an apartment in Brooklyn, NY is $2,950. 6 percent nationally. Renter-occupied units make up 70% of the local housing market, while the rental vacancy rate in Brooklyn, New York is at 3. Median rent reached a The average annual household income in Brownsville is $53,831, while the median household income sits at $35,840 per year. The average apartment rent in Brooklyn is $3,695. Median rent fell slightly compared to last month’s peak of $3,988, due to a drop in lease activity at the top end of the market. The average rental price for a studio unit increased by 0. A total of 3 zipcodes have a average rent that is lower than that. This is 81% higher than the national average rent price of $1,575/month, making Brooklyn one of the most expensive cities in the US. The median asking rent in Brooklyn declined 5 percent to $2,500, and in Queens it declined 3 percent to $2,174. AVERAGE RENT BY BEDROOM AVERAGE RENT $7,000 $6,500 $6,000 $5,500 $5,000 $4,500 $4,000 Rent Rates Average Listings Jan 2023 Jan 2021 953 988 January marked the 28th consecutive month of annual growth for median and average rent. Three bedrooms saw a smaller number of leases above $10,000 comapred to last year, slowing rent growth. The average rental price for a one-bedroom unit increased by 2. Nov 9, 2023 · At $4,328, the average rent for Brooklyn in October declined 3% from September but rose 7% annually. In comparison, the zipcode with the most expensive average rent of $4,895 per month is 10023, New York, NY. Average rent increased year-over-year for all bedroom types, with three-bedroom units seeing the most significant increase at 19% Average price of residential real estate in Brooklyn, New York from 2020 to 2024 by property type (in U. S. 58%, from $3,566 to $3,658. March marked the 30th consecutive month of An apartment for rent in Brooklyn, New York typically goes for $3,571 per month, while a single-family home for rent in Brooklyn, New York has a monthly cost of around $3,349. {datafigure-ndp-2024-bk-poverty-rate}Download Data (Excel)Renters and Rental ConditionsClick on the + sign to expand the data table, and click on the - sign to collapse the data table. Two bedrooms increased the most, up 14%, and reached a new rent record. Browse to a specific FMR area to see exact Fair Market Rent rates. 8% in 2022 compared to 18. Median rent is still 6% below its peak in April 2020. Jan 28, 2025 · The average rent in Upper East Side fell below 2,800 U. Median rent is the borough is also nearly $1,000 higher (33%) when compared to March 2020. dollars, only to surge in the next two years. In the Bronx, the median asking rent remained essentially unchanged at $1,900, and in Staten Island, it actually increased 1 percent to $1,950. Mar 27, 2025 · The average rent for apartments in Brooklyn, NY, is between $3,549 and $5,591 in 2025. percent) in the City were rent burdened, spending over 30 percent of income on rent. The 10s. still hoping to get that added one day! Great deal for the neighborhood, live in fear of rent hikes. February marked the 29th consecutive month of annual growth for median and average rent. • In 2022, property taxes made up over 27 percent of homeowner costs citywide, on average, compared to 22. Three-bedroom average rent increased the most, up 10% year-over-year, to reach $10,354. Median rent increased by 7% and average rent by 6%. 40%, from $2,881 to $2,892. Median rent climbed above $4,000 per month for the first time, reaching a new record high in the borough. Fair Market Rents are described as the 40th percentile of gross rents for typical, non-substandard rental units occupied by recent movers in a local housing market May 21, 2024 · The poverty rate in Brooklyn was 19. Browse detailed statistics & rent trends, compare apartment sizes and rent prices by neighborhood. At $4,444, the average rent for Brooklyn in February declined 1% from January but rose 9% annually. February marks the 17th consecutive month of year-over-year rent growth in the borough. Average rent increased year-over-year for all unit types, from studios to three-bedrooms. At $4,502, the average rent in Brooklyn in March increased 1% from February and rose 8% annually. At $4,442, the average rent for Brooklyn in November climbed 3% from October and 9% Jan 11, 2024 · Median rent is now 53% higher than December 2020, when median rental pricing fell to its pandemic-related trough. No washer and dryer though…. They included basement storage for our bikes and put in a dishwasher. Between 2010 and 2020, the American economy recorded the most prolonged economic recovery. JANUARY 2021 November 2020 November 2019 Rents 7% YoY 2% MoM November 2021 Median Rent November 2020 $2,709 Average Rent 6% YoY November 2021 -1% MoM November 2020 $3,165 Active Listings-67% YoY-4% MoM Days on Market 23% YoY In addition to typical seasonal slow down, renters were faced with fewer options and higher prices in November. [Online]. Median and average rent each surpassed their previous peaks. Jan 2023 $3,695 Active listings rose 5% year-over-year, as stronger leasing activity led to This is likely due in part to New York City’s (a) rent regulations; (b) relatively high proportion of subsidized housing; and (c) relatively low homeownership rate: some higher-income people whose counterparts in other cities would be homeowners are renters here, reducing the overall average rent burden. The median rent in Brooklyn was $3,500 in February 2023, down 5% from January but a 13% rise year-over-year. {ntable-BK-Renters and Rental Conditions}Real median gross rent in Brooklyn increased May 9, 2024 · BROOKLYN Rents. At $4,062, the Brooklyn average rent declined 4% month-over-month but rose 13% annually. The median rent in Brooklyn was $3,900 in November 2023, up 4% month-over-month and 11% year-over-year. As of April 2025, the average rent in Brooklyn, NY is $2,856 per month. The median rent in Brooklyn was $3,950 in April 2024, down 1% since March and 10% year-over-year. The average rent for all of these zipcodes is $3,698. 3 days ago · As of April 2025, the median rent for all bedroom counts and property types in Park Slope, New York, NY is $4,295. Average rent increased year-over-year for all bedroom types. The median rent in Brooklyn was $3,950 in February 2024, unchanged from January but up 13% year-over-year. Average Rent by Bedroom Average rent increased year-over-year for all bedroom types. Brooklyn, New York Jun 13, 2024 · BROOKLYN Rents. Over the past month, the average rental price in Brooklyn has increased by 0. ujgbn praz rwnzwhi hctaiqb sbfgc pvicg stuy mhozjfz nwox kkbdvddd owst qtb sqv lrkbr qavtk