The median monthly asking rent of single family homes and apartments in Brooklyn, New York has surged dramatically since 2020, when it slightly dipped as the coronavirus (COVID-19) pandemic unfolded. From ***** U.S. dollars in 2020, Brooklyn rents soared to ***** U.S. dollars in *********.

Brooklyn is the most populous and densely populated county in New York, as well as among one of the most expensive real estate markets in the United States. In the second half of 2023, the average annual asking rent of retail real estate in different corridors in Brooklyn varied between ** and *** U.S. dollars per square foot. North Sixth Street (Driggs Ave - Kent Ave) was the most expensive corridor, with an average square footage rent of *** U.S. dollars.

This statistic shows the median size of new residential units in Manhattan and Brooklyn, New York in the first quarter 2018. In that quarter, the median size of newly developed two-bed units sold in Manhattan amounted to ***** square feet, whereas the median size of those sold in Brooklyn was ***** square feet.

Graph and download economic data for Condo Price Index for New York, New York (NYXRCSA) from Jan 1995 to Apr 2025 about New York, HPI, housing, price index, indexes, price, and USA.