Trulia Data Lists Rentals Pricing And Affordability For Park Slope And Gowanus Neighborhoods

Everyone knows that the rent is too damn high in Brooklyn, but according to data from real estate site Trulia, our borough is in the Top 4 and Top 6 most expensive rental markets in the entire United States for one- and two-bedrooms, respectively, behind places like San Francisco, Manhattan, Boston, Washington D.C., and Los Angeles.

The areas used by Trulia don’t completely synchronize with how we view our neighborhoods. In this case, the map refers to Park Slope as the area bounded in the south by Prospect Avenue and to the north at Flatbush Avenue. The eastern section ends at Prospect Park and goes to 4th Avenue in the west.

For Gowanus, Trulia denotes the boundaries as Prospect Avenue in the south and Degraw/Butler Streets in the north (as they wrap around the Gowanus Canal.) The eastern section ends at 4th Avenue and goes to Smith/Bond Streets in the west, again as they wrap around Gowanus Canal.

According to Trulia data for Park Slope, 86% of one-bedroom apartments in this area are above $2000, 42% are above $2500, and 11% are above $3000.

For Gowanus the stats are 75% of one-bedroom apartments in this area are above $2000, 35% are above $2500, and 10% are above $3000.

However, renters who move to South Slope would of course, find rents far below these averages. 49% of one-bedroom apartments in South Slope are above $2000, 14% are above $2500, and 3% are above $3000.

The finding comes from data compiled in their latest “Where The Rent Is Too Damn High” report, which covers rental listings on Trulia from January 1, 2015 to October 20, 2015.