DUMBO, Brooklyn Heights, Cobble Hill, Downtown Brooklyn and Fort Greene were the most expensive Brooklyn neighborhoods for rentals in 2019. PropertyNest real estate site took the average of all one, two, and three-bedroom rentals to extract a top 5 list of most expensive neighborhoods in Brooklyn in 2019. They have also listed the estimated annual income needed to rent a one-bedroom according to the average in the neighborhood.
1. DUMBO – Average rent $7,570
| Apartment Size | One-Bedroom | Two-Bedroom | Three-Bedroom |
|---|---|---|---|
| Average Monthly Rent | $4,450 | $6,180 | $12,080 |
| Average Yearly Income Needed | $178,000 | $247,200 | $483,200 |
2. Brooklyn Heights – Average rent $5,570
| Apartment Size | One-Bedroom | Two-Bedroom | Three-Bedroom |
|---|---|---|---|
| Average Monthly Rent | $3,000 | $4,920 | $9,090 |
| Average Yearly Income Needed | $120,000 | $196,800 | $363,600 |
3. Cobble Hill – Average rent $4,690
| Apartment Size | One-Bedroom | Two-Bedroom | Third-Bedroom |
|---|---|---|---|
| Average Monthly Rent | $2,950 | $3,885 | $7,250 |
| Average Yearly Income Needed | $118,000 | $155,400 | $290,000 |
4. Downtown Brooklyn – Average rent $4,660
| Apartment Size | One-Bedroom | Two-Bedroom | Three-Bedroom |
|---|---|---|---|
| Average Monthly Rent | $3,350 | $4,560 | $6,070 |
| Average Yearly Income Needed | $134,000 | $182,400 | $242,800 |
5. Fort Greene – Average rent $4,050
| Apartment Size | One-bedroom | Two-bedroom | Three-bedroom |
|---|---|---|---|
| Average Monthly Rent | $3,210 | $4,070 | $4,865 |
| Average Yearly Income Needed | $128,400 | $162,400 | $194,600 |
