East Brooklyn renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in East Brooklyn is about $985 per month. This puts it in the 8th percentile compared to the state average cost of rent, which is $1,523. Households in East Brooklyn have a median income of $7,025 per month so the average renter in East Brooklyn is spending roughly 14% of their earnings on housing.
Nationally, and in East Brooklyn, home values are the data point most closely correlated with the cost of rent. The median price of a home in East Brooklyn is $207,121 right now, which is lower than nearby cities, meaning that rents in East Brooklyn also tend to be lower versus these nearby cities.
Higher rent prices are common in the southern parts of East Brooklyn while lower rent rates are often available in northwestern areas.
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