Apartments for Rent in Boerum Hill, New York, NY

Boerum Hill, New York apartment availability

Boerum Hill's rental market offers a good selection of listings, with an average of 66 rentals available each month in 2024. The neighborhood's inventory is comprised mainly of 1-bedroom and 2-bedroom apartments, with a smaller number of studios and 3-bedroom units. Many of these apartments feature desirable amenities, including in-unit laundry, hardwood floors, and dishwashers, which are available in approximately 63%, 71%, and 80% of rentals, respectively. This charming Brooklyn neighborhood is a great option for renters seeking a convenient and amenity-rich living experience.

Boerum Hill, New York rental market trends

Boerum Hill's rental market experienced a slight decline in 2024, with average monthly rents (all bed counts and property types) decreasing by 3.2% to $4,643. However, 1-bedrooms saw a modest increase of 2.9% to $3,974, while studios rose by 8.3% to $3,345. The average rent for a 2-bedroom remained relatively stable at $5,080, and 3-bedrooms saw a significant jump of 29.6% to $7,252.

The neighborhood's rental market tends to fluctuate throughout the year, with January typically seeing the highest rents. In fact, January rents are about 19.5% higher than in December, the month with the lowest rents. If you're looking for a new apartment, consider searching during the winter months when prices tend to be lower. Conversely, be prepared for more competition and higher prices in January. Keep in mind that the rental market can be unpredictable, and it's essential to stay informed about local trends to find the best fit for your needs and budget.

Why Boerum Hill, New York is a great place to live

Boerum Hill is a top choice for renters who prioritize social living and pet ownership. According to data, the neighborhood's pet-friendly features, such as pet washing areas, designated pet spaces, and dog parks, make it an ideal location for animal lovers. Additionally, outdoor spaces and pet-safe windows are common in Boerum Hill apartments, ensuring a comfortable and safe environment for pets. The neighborhood's social scene is also thriving, thanks to its well-developed street infrastructure, frequent transit options, and abundance of shared spaces, making it easy to get around and connect with friends. With safety being a top priority, Boerum Hill offers a secure environment for residents to enjoy their social lives.