As Brooklyn Rents Reach New High, A Look At Prices In Kensington & Windsor Terrace
After the most recent Elliman Report, a monthly assessment of the city’s rents, showed that Brooklyn’s median rental price skyrocketed 5.6 percent from last year, jumping to $2,961, Curbed published this interesting map documenting how rents have risen in neighborhoods across our borough, as well as in Queens and Manhattan.
The map, which you can see here, shows that in our neighborhood, rents unsurprisingly rose, with Kensington’s median rent increasing from $1,695 in 2009 to $1,850 in 2015. In Windsor Terrace, the median rent jumped from $1,537 in 2009 to $1,825 in 2015.
In nearby Ditmas Park, the median rent spiked to $1,825 in 2015, compared to $1,537 in 2009.
Rents throughout the city have increased, with Downtown Brooklyn landing one of the most notable jumps, going from $2,330 in 2009 to $3,215 this year.
At $3,990, DUMBO had the highest median rent in Brooklyn, and Downtown Brooklyn had the second highest with $3,215. Williamsburg, meanwhile, came in third at $3,099.
As for some of the least expensive areas? Curbed’s map shows that East New York’s median rent in 2015 is $1,600, and Bay Ridge came in at $1,712.
Outside of our borough, Tribeca takes the cake for the most expensive median rent in the entire city, at a whopping $6,095.
What has your rent been like in recent years? Let us know in the comments below!