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NoMad rents down, everywhere else up in Q3: MAP
But hey, you can still find a great deal in East Flatbush!
Apartment listing service Zumper has a new map laying out median rents for one-bedrooms in the city by neighborhood. And guess what? They’re really, really high.
The two most expensive neighborhoods — though they curiously don’t appear on the map — were the Flatiron District, with a median rent of $4,400 per month, and NoMad, at $4,370 per month. Tribeca was the next priciest, at $4,400 a month.
The rent in NoMad was actually down from the $4,630 median Zumper reported for the second quarter. Downtown Brooklyn also saw a decline, $3,315 per month to $3,150, as did a handful of other neighborhoods. Williamsburg and Greenpoint stayed put at $3,300 and $2,600, respectively.
Most neighborhoods, though, recorded an increase. Median rents in Brooklyn’s most expensive neighborhoods, Dumbo and Vinegar Hill, stand at $3,865 and $3,750, respectively.
And for those looking to save some money, East Flatbush, Brownsville and Ocean Hill had median rents in the low to mid $1,000s.
Manhattan’s median rental price jumped another 4.5 percent in October, to $3,391 – realizing a nearly two-year streak of steadily rising prices, The Real Deal reported earlier this month.
Rents in Brooklyn will also give you a nosebleed — the median rental price in Kings County for the month of October was the second highest it’s been in eight years. The borough’s median rental price rose 4.3 percent year-over-year to $2,981, shy of $3,112 in August 2015. [Zumper] – Ariel Stulberg
Median rents for one-bedroom apartments (credit: Zumper)