Rental market snapshot for Bushwick, Brooklyn
Bushwick rental market summary
The rental market in Bushwick, New York is showing signs of stability. On July 31, 2023, there were 816 new listings, indicating that the rental market is still active. The median rent for the same period was $3,400, which is the same as the median rent for June 30, 2023. This suggests that the rental market has remained steady over the past month. Furthermore, the median rent for July 31, 2022 was $3,500, indicating that the rental market has seen a slight decrease of 2.9% over the past year.
Overall, the rental market in Bushwick, New York appears to be stable. The number of new listings and the median rent have remained consistent over the past month and year, indicating that the rental market is not experiencing any major fluctuations. This is good news for renters looking for a place to live in the area.
Median rent for all residential properties in Bushwick
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The most expensive listings and top trending buildings in Bushwick
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 59 Suydam St | $7,500 | 6 / 3.0 |
| 1118 Greene Ave | $6,540 | 3 / 2.5 |
| 75 Woodbine St | $6,500 | 6 / 4.0 |
| 1138 Bushwick Ave | $6,000 | 5 / 3.0 |
| 1138 Bushwick Ave | $5,975 | 5 / 3.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow | $2,794 |
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Bedroom Breakdown in Bushwick
Bushwick neighborhood apartments rents
The rental market for studios in Bushwick, New York is showing signs of growth. In May 2023, there were four new studio listings, and the median rent for studios increased by 11.2% from April 2023 to May 2023, from $2,292 to $2,550. This suggests that the demand for studio apartments in Bushwick is increasing, and that the rental market is becoming more competitive.
The rental market for 1-bedroom apartments in Bushwick, New York is showing signs of growth. In May 2023, there were 34 new 1-bedroom listings, which is a 6.7% increase from April 2023. The median rent for 1-bedroom apartments in May 2023 was $2,772, which is 6.7% lower than the median rent in April 2023. This suggests that the rental market is becoming more competitive, with more options available for renters.
The rental market for 2-bedroom apartments in Bushwick, New York is showing signs of growth. In May 2023, there were 64 new 2-bedroom listings, a 6.7% increase from the median rent in April 2023. The median rent for 2-bedroom apartments in May 2023 was $3,200, a significant increase from the median rent in April 2023 of $3,000. This indicates that the rental market for 2-bedroom apartments in Bushwick is on the rise and is likely to continue to increase in the coming months.