Rental market snapshot for Flatlands, Brooklyn

Flatlands rental market summary

The rental market in Flatlands, New York is showing signs of growth. In July 2023, there were 270 new listings, a significant increase from the previous month. The median rent for July 2023 was $2,675, a 2.7% increase from June 2023 and a 7.0% increase from July 2022. This indicates that the rental market in Flatlands is becoming more competitive and that rental prices are on the rise.

The increasing number of listings and rising rental prices suggest that Flatlands is becoming a desirable place to live. With more people looking to rent in the area, landlords are able to increase their prices and still attract tenants. This is a positive sign for the local economy, as it indicates that more people are looking to move to Flatlands and that the rental market is becoming more competitive.

Median rent for all residential properties in Flatlands

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The most expensive listings and top trending buildings in Flatlands

Most Expensive Listings

AddressRent PriceBed / Bath
1277 E 14th St$4,6753 / 2.0
1277 E 14th St$4,6603 / 2.0
3619 Avenue I$4,2004 / 3.0
2311 Newkirk Ave$4,0000 / 2.0
1111 Foster Ave$3,9003 / 2.0

Top Trending Buildings

building nameavg rent price
Zillow$2,246

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Bedroom Breakdown in Flatlands

Studio
$2,950
MEDIAN RENT
1 Bedroom
$2,150
MEDIAN RENT
2 Bedroom
$2,558
MEDIAN RENT

Flatlands neighborhood apartments rents

The rental market for studios in Flatlands, New York appears to be relatively stable, with only one new studio listing in April 2023. The median rent for studios in April 2023 was $2,950, though the median rent for March 2023 is not available, so it is not possible to determine the percent change in rent from March to April. Overall, the rental market for studios in Flatlands appears to be relatively steady.

The rental market for 1-bedroom apartments in Flatlands, New York is showing signs of stability. In May 2023, there were 11 new 1-bedroom listings, and the median rent for 1-bedroom apartments remained relatively unchanged from April 2023, increasing by only .5%. This suggests that the rental market in Flatlands is not experiencing any significant changes in terms of pricing or availability.

The rental market for 2-bedroom apartments in Flatlands, New York is showing signs of stability. In May 2023, there were 18 new 2-bedroom listings, and the median rent for 2-bedroom apartments was $2,558, a 5.2% decrease from the median rent in April 2023. This suggests that the rental market is becoming more affordable for tenants, and that there is a steady supply of new listings.

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Flatlands is $2,675.
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