Rental market snapshot for Fort Greene, Brooklyn
Fort Greene rental market summary
The rental market in Fort Greene, New York is showing signs of stability. In July 2023, there were 715 new listings, indicating that the market is still active and growing. The median rent in July 2023 was $4,178, only a slight increase of .7% from the previous month. This suggests that the rental market is not experiencing any significant changes in prices. When compared to the median rent in July 2022, the rent has only increased by .4%, indicating that the rental market is not experiencing any significant inflation.
Overall, the rental market in Fort Greene, New York appears to be stable and healthy. The number of new listings is increasing, and the median rent is only experiencing slight changes. This suggests that the rental market is not experiencing any major shifts in prices or activity.
Median rent for all residential properties in Fort Greene
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The most expensive listings and top trending buildings in Fort Greene
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
303 Gates Ave | $18,700 | 4 / 4.5 |
465 Vanderbilt Ave | $17,795 | 5 / 3.5 |
213 Prospect Pl | $15,000 | 6 / 4.5 |
50 Monroe St | $12,900 | 5 / 4.5 |
477 Waverly Ave | $12,750 | 4 / 3.5 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow Rental Network Premium | $4,178 |
Greystar - 461 Dean | $3,995 |
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Bedroom Breakdown in Fort Greene
Fort Greene neighborhood apartments rents
The rental market for studios in Fort Greene, New York is showing signs of stability. In July 2023, there was only one new studio listing, indicating that the market is not experiencing a surge in demand. The median rent for studios in July 2023 was $3,548, a 4.5% decrease from the median rent in June 2023 of $3,714. This suggests that the rental market is not experiencing significant inflation, and that prices are staying relatively stable.
The rental market for 1-bedroom apartments in Fort Greene, New York is showing signs of growth. In July 2023, there were 5 new 1-bedroom listings, indicating an increase in demand for rental units. The median rent for 1-bedroom apartments in July 2023 was $4,105, a 7.4% decrease from the median rent in June 2023 of $4,434. This suggests that the rental market is becoming more competitive, with landlords offering lower prices to attract tenants. Overall, the rental market for 1-bedroom apartments in Fort Greene, New York is looking positive.
The rental market for 2-bedroom apartments in Fort Greene, New York is showing signs of stability. In July 2023, there were two new 2-bedroom listings, and the median rent for 2-bedroom apartments decreased by 4.5% from June 2023 to July 2023, from $6,320 to $6,037. This suggests that the rental market is not experiencing any significant changes in pricing or availability.