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.

Still, not all neighborhoods saw the same level of rent growth.

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.

By comparison, neighborhoods like Park Slope, Clinton Hill, and Flatbush saw average one-bedroom rents climb by around 10 percent in 2025.

Not every neighborhood saw an increase, however.

According to the report, two neighborhoods actually recorded declines in average rent prices over the past year. DUMBO experienced the largest drop, with average one-bedroom rents falling 1.74 percent, from roughly $5,015 to $4,944. Brooklyn Heights also saw a slight decrease, with average two-bedroom rents dropping 0.13 percent, from about $6,594 to $6,513.

The Brooklyn Rental Market Report tracks monthly shifts in rent prices across the borough. It’s meant to give renters a clearer picture of what apartments are actually going for and to offer landlords a benchmark for setting fair and competitive prices.

The report looks at a wide range of listings priced under $10,000, leaving out ultra-luxury rentals in order to better reflect average market conditions.

Read the whole report here.