Rent Hikes Hit These Brooklyn Neighborhoods Hardest, Study Reveals
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Rent Hikes Hit These Brooklyn Neighborhoods Hardest, Study Reveals
"BROOKLYN, NY - Rents are on the rise in some of Brooklyn's most sought-after neighborhoods, according to a new report from M.N.S. Real Estate that tracks monthly rental trends across the borough. Over the past year, average rent prices for studios, one-bedrooms, and two-bedrooms have risen between 3.7 percent and 7.26 percent across the borough. The steepest increase was seen in larger units, with the average rent for a two-bedroom apartment in Brooklyn rising from $4,593 in 2024 to $4,926 in 2025."
"Fort Greene led the borough with the steepest rent hikes, recording an average increase of 12.53 percent. Close behind was Crown Heights, where rents jumped by approximately 11.98 percent. On the other end of the spectrum, Bay Ridge, Williamsburg, and Downtown Brooklyn experienced the smallest increases. In Bay Ridge, the average rent for a one-bedroom rose by just 1.9 percent, while Downtown Brooklyn saw a modest increase of just over 2 percent for similar units."
Average rents in Brooklyn increased year-over-year for studios, one-bedrooms, and two-bedrooms, rising between 3.7 percent and 7.26 percent across the borough. Two-bedroom averages rose most, from $4,593 in 2024 to $4,926 in 2025. Fort Greene recorded the largest neighborhood increase at 12.53 percent, followed by Crown Heights at about 11.98 percent. Bay Ridge, Williamsburg, and Downtown Brooklyn saw small gains, with Bay Ridge one-bedrooms up 1.9 percent and Downtown Brooklyn just over 2 percent. Park Slope, Clinton Hill, and Flatbush posted around 10 percent increases for one-bedrooms. DUMBO and Brooklyn Heights experienced modest declines. Listings under $10,000 were examined, excluding ultra-luxury rentals to reflect average market conditions.
Read at Bed-Stuy, NY Patch
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