> ## Content Index
> Fetch the complete content index at: https://bklyner.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# North Brooklyn Rents Rising Fastest Across the City, Says New Report
- URL: https://bklyner.com/north-brooklyn-rents-rising-fastest-across-the-city-says-new-report/
- Published: 2019-11-26T17:49:22.000Z
- Updated: 2019-11-26T17:52:39.000Z
- Author: Irina Groushevaia
- Tags: Bushwick, Development, Greenpoint, News, Nonsponsored, northern brooklyn, Real Estate, rezoning, Williamsburg, Brooklyn rent, north brooklyn rent, rent, Rent Report, street easy, #wp

NORTH BROOKLYN — North Brooklyn has the city’s fastest rising rents, according to[ a new report by Street Easy](https://streeteasy.com/blog/october-2019-market-reports/?ref=bklyner.com#%5Fedn7) published on Monday.

Brooklyn rents are rising the fastest across all boroughs, however North Brooklyn in particular — Greenpoint, Williamsburg, and East Williamsburg — is leading as the rents continue to skyrocket in the quickly gentrifying area.

The overall real-estate value for Brooklyn homes has surged [by 50% in the last decade](/brooklyn-home-prices/) according to PropertyShark study.

The median asking rent for a 1-bedroom apartment in North Brooklyn jumped 19.1% to a whopping average of $3,200 per month, suggesting[ the area rebounded from the canceled L-train](/the-l-train-apocalypse-averted/) shutdown, bringing up the prices as we approach the end of the L-train construction[ in Spring of 2020.](https://ny.curbed.com/2019/9/30/20891076/l-train-slowdown-ending-ahead-schudule-andrew-cuomo-mta?ref=bklyner.com)

Overall, the rate of Manhattan, Queens, and Brooklyn rents are rising the fastest since 2015.

While this time of year rent cuts typically peaks — and while October did bring the highest share of discounts of 2019 — the percentages this low have not been seen since October 2015, according to [StreetEasy data](https://streeteasy.com/blog/data-dashboard/DisableHTML5Autoplay%5FInitialize?ref=bklyner.com). Landlords in Brooklyn offered the fewest discounts, with only 17% of rentals getting a cut.