Apartments for Rent in Brooklyn, NY - Home Rentals | realtor.com® (2024)

FAQs

What is the best website to look for apartments in NYC? ›

Several trusted websites offer comprehensive listings to help you navigate this journey, including Zillow, Apartments.com, June Homes, uhomes, and StreetEasy.

NYC Housing Authority (Public Housing)

Provides rent subsidized housing for those who meet HUD's Section 8 eligibility requirements. Tenants' rent is 30% of their monthly gross income. Due to long waiting lists, priority is given to individuals and families applying from shelters and other agencies.

Among 11231 residents, there is a homeowner vacancy rate of 3.3% and a rental vacancy rate of 1.6% from a total of 16,738 units.

Brooklyn is a city in New York with a population of 2,679,620. Brooklyn is in Kings County and is one of the best places to live in New York. Living in Brooklyn offers residents a dense urban feel and most residents rent their homes. In Brooklyn there are a lot of bars, restaurants, coffee shops, and parks.

Many apartments require you to have gross monthly income of three times the rent, To figure out how much rent you can afford, list all your other expenses, subtract those from your monthly gross income, and leave a little buffer for one-off expenses.

A person of low income is one who is not a recipient of public assistance under the Social Services Law and whose income does not exceed (1) $6,500 or (2) such other sum not less than $6,500 nor more than $25,000 as may be provided by local law.

Areas of high poverty show patterns of concentration.

The Poverty Rate map below shows that high-poverty Census tracts (shaded dark on the map) are clustered in the South Bronx, northern Manhattan, northwest Brooklyn, Coney Island, Williamsburg, and Borough Park.

Greenpoint and East Flatbush saw spikes in asking median rent. The median asking rent in New York City rose 1.7% year-over-year to $3,700 in April — the highest since September 2023.

What is the rent market in Brooklyn in 2024? ›

Rents. The median rent in Brooklyn was $3,950 in April 2024, down 1% since March and 10% year-over-year. 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. Average rent increased year-over-year for all bedroom types.

Median price snapshot

Median property prices over the last year range from $757,500 for houses to $640,000 for units. If you are looking for an investment property, consider houses in Brooklyn rent out for $492 PW with an annual rental yield of 3.6% and units rent for $470 PW with a rental yield of 4.1%.

With a salary of $75,000 a year, you can live comfortably in New York. For a single person living in Brooklyn, a rough monthly budget would look like this: Housing. You can consider renting a shared room with one roommate for $950 per month or renting a studio apartment for $3,000.

Carroll Gardens, Windsor Terrace, and Ditmas Park are some of Brooklyn's top areas for families. For those who prefer a more luxurious lifestyle, there are many upscale neighborhoods in Brooklyn for living. Some of the most expensive parts of Brooklyn include Dumbo, Brooklyn Heights, and Cobble Hill.

Brokers can help you find an apartment based on your budget and preferred location. They can also help you submit rental applications. Most do charge a fee, so ask up front. From StreetEasy to Zillow to Realtor.com, you can use lots of sites and apps to search for an apartment.