Canarsie offers Brooklyn’s lowest rents, Dumbo records priciest averages: report

A two-family residential building in Canarsie.
Photo by Kevin Duggan

Brooklynites looking to live on a budget should head south to Canarsie, which boasts the cheapest rents of any neighborhood in Kings County, according to one recent study.

With the average one-bedroom going for $1,500 per-month, and two-bedrooms for $1,900, Canarsie ranks as the most affordable area in the borough, according to the real estate firm Propertynest — which compared 2019 rental averages using data compiled from their own listings and other apartment search platforms.

Canarise’s sweet deals fell well below the 2019 average rent across all of Brooklyn — where the renters cough up $2,208 and $2,805 monthly for a one- and two-bedroom, respectively, according to the report. 

East New York, which borders Canarsie, finished in a close second for the affordability title, while Brownsville, Bensonhurst, and Mill Basin filled out the remaining top spots on Propertynest’s cheap list. 

Predictably, a quintet of bourgie northern Brooklyn neighborhoods topped the rankings as the most expensive places to rent, but Dumbo took the crown — demanding a monthly average of $4,450 for a one-bedroom and $6,180 for a two-bedroom from would-be residents. 

Brooklyn Heights, Cobble Hill, Downtown Brooklyn, and Fort Greene rounded out the list of most expensive neighborhoods, which excluded Williamsburg for the first time this year. 

The list of ritzy rents comes amid a larger conversation over the sky-high cost-of-living in New York City, as activists push for more rent controls and affordable housing developments. 

In June, newly-empowered Democrats in the state legislature passed sweeping rent reforms, which limited the ability of landlords to raise rents or evict tenants, and reinforced rent-stabilization requirements, among other changes. 

Mayor Bill de Blasio has also taken steps to quash the housing crisis, pledging in 2014 to create 200,000 so-called affordable housing units over ten years — although many of those developments have been criticized for being “affordable” in name only.