Median rent for residential apartments in as of Aug, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
304 Downtown Brooklyn, Brooklyn, NY, USA apartments for rent
Downtown Brooklyn
The heart of Brooklyn, Downtown, is fast-paced. Many of Brooklyn’s businesses operate here. There’s no lack of things to do either — the iconic Brooklyn Bridge is a must see. Apartments for rent in Brooklyn can be expensive, so you may want to consider finding a roommate.
Overview
Cross the Brooklyn Bridge to get to Downtown Brooklyn, the center of former City of Brooklyn, and one of the prominent modern neighborhoods of New York City. It opens your way to any location and opportunity you look for, from finding the job of your dreams to joining the busy nightlife, from getting into one of the prominent New York colleges to exploring the mix of modern and classic architecture.
It’s always full of people, day and night – frankly, you won’t be able to tell one from another. You won’t have free time, too – just look at all the entertainment this place offers! Low-key restaurants and quaint coffee shops stand wherever you look, and local delis are arguably the best in town. This is not to mention several city-popular bars and drinking spots (here’s a tip: visit O’Keefe’s Bar & Grill for one of your beer-and-game nights out, it’s real New York classic).
Demographics
Downtown Brooklyn, New York, is one of the best hoods for millennial kids with its young attractive air floating all over the place. Half of the locals are white, with strong Asian and Hispanic presence, African American only falling one step behind. The residents of the area are well-educated and well-paid – median household income is twice the national average. The area’s also homey all right for all the community effort. Living in a big city doesn’t mean you have to feel alone anymore: Downtown Brooklyn creates a cozy atmosphere around you.
Entertainment
Get a tour around the hood – search for the tallest buildings. The MetroTech Center and the Williamsburgh Savings Bank Tower are the two iconic office complexes in Downtown Brooklyn, New York. Walk further to MetroTech Commons, the public outdoor space of your dreams: from exhibits to community events and from live performances to special entertainment, this place sets the mood with its animated upbeat atmosphere. Hungry? Look for cheesecakes at Junior’s and burgers at Shake Shack; the food here is cheap and delicious.
Transportation
Despite being one of the central business districts of New York City, Downtown Brooklyn lacks nothing in mass transit options. From the New York City Subway to bus service, the area’s packed. There’s also the Atlantic Terminal where trains from Long Island stop, just in case you need to go further. For walkers, Manhattan and Brooklyn Bridges lead way to Manhattan, and the neighborhood’s walkability leaves nothing to fantasy: there are parks, trimmed streets, and architectural landmarks to admire on your way to wherever.
Housing Trends
Downtown Brooklyn, Brooklyn, NY, USA Housing Trends
Average rent in Downtown Brooklyn: $3,497 (-14.4%)
| Rent Price | Aug | vs Last Month |
|---|---|---|
| 1 bed apartments | $2,922 | -6.1% |
| 2 bed apartments | $4,299 | -13.2% |
| 3 bed apartments | $6,121 | -12.5% |
| 4+ bed apartments | $2,455 | +2.2% |
Over the Aug 2020, the average rent for an apartment in/near Downtown Brooklyn, Brooklyn, NY decreased by 14.4% to $3,497.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 6.1% to $2,922. Pricing for 2-bed apartment also decreased by 13.2% and a place of this size will now cost you $4,299. 3-bed apartment rent pricing starts at $6,121, it decreased by 12.5% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 2.2% and made it up to $2,455.
| Rent Type Price | Aug | vs Last Month |
|---|---|---|
| Condo rentals | $3,530 | -17.6% |
| Loft rentals | $3,974 | -12% |
| Apartment rentals | $3,149 | -16.1% |
| Townhouse rentals | $2,867 | +2.4% |
| Room rentals | $1,079 | -26.8% |
| House rentals | $2,500 | N/A |
The median rent for an apartment in Downtown Brooklyn, Brooklyn, NY decreased by 16.1% to $3,149. The median rent for a house is still $2,500 with no significant changes this month. Condos faced an upward trend these days. The median rent for a condo decreased by 17.6%, it’s now available for $3,530. The median rent for a loft faced changes as well, it decreased by 12%, the price tag now starts at$3,974. An average room will now go for $1,079, the median rent price for a room decreased by 26.8%. The median rent for a townhouse increased by 2.4%, you’ll have to spend around $2,867 to get one.
Finding Apartments in Downtown Brooklyn for Rent
Searching for apartment rentals in Downtown Brooklyn means you’ll be at the center of it all. Just a step away from Boerum Hill, Brooklyn Heights, and Fort Greene, this neighborhood brings you the combination of entertainment and business opportunities. Classic brownstone houses for rent in Downtown Brooklyn, New York, open to modern business complexes on one hand and to a number of bustling and dynamic college campuses on the other. Though be ready for higher prices: 1-bed condos for rent will cost you two and a half times more than the national average. Ouch! But at least you know what you pay for. Business hub hemmed between the college campuses and indulged in the peppy vibe of the town where every day is a holiday.
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