Housing in Brooklyn at a glance
- Population
- about 2,631,580
- Housing units
- about 1,100,772
- Median value, owner-occupied homes
- $905,000New York City: $777,600 (+16%)
- Median gross rent
- $1,830 a monthNew York City: $1,821 (+1%)
- Owner-occupied homes
- 29.5%New York City: 32.8%
- Homes built before 1980
- 80.1%
- Median year built
- 1943
Brooklyn, south of New York City's population centre, ranks second of the five boroughs for home values: owners estimate $905,000, 16% above the city overall. Only Manhattan reports a higher figure, $1,126,000. Queens comes in lower, with $724,000. Staten Island follows with $676,000. Rent is $1,830, nearly identical to the $1,821 citywide. Ownership is limited, with 29.5% of households owning versus 32.8% across the city, and tenants number 712,011 against 297,916 owners. Age is the other marker: 80.1% of the housing is older than 1980, second-highest of five, and the median building goes back to 1943.
Questions about Brooklyn
What is the median home value in Brooklyn, New York City?
$905,000 for owner-occupied homes, against $777,600 for New York City as a whole (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary). It is the owners' own estimate of their home's value, not a sale price.
What is the median rent in Brooklyn?
$1,830 a month in gross rent (rent plus utilities paid by the renter), against $1,821 in New York City (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Do most people in Brooklyn own or rent?
Most rent: 29.5% of occupied homes are owner-occupied, against 32.8% in New York City (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Data and method
Data as of: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (retrieved 2026-11-02).
Estimate from the 805 census tracts whose internal point lies within the official boundary: counts are summed, and each median is recomputed from the summed value, rent and year-built brackets (grouped median, linear interpolation). The gap with the city is measured with the same method on the whole city. Boundaries used: U.S. Census Bureau: each borough is a county (New York 36061, Bronx 36005, Kings 36047, Queens 36081, Richmond 36085) (consulted 2026-11-02).
Sector boundaries: Boroughs (community districts number 59 and council districts 51, both above 30), The Boroughs (NYC Community Boards).
Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, tables B01003, B25001, B25003, B25034, B25063, B25064, B25075, B25077; U.S. Census Bureau, 2024 Gazetteer files (census tract internal points). City figures: the same survey, published for New York City as a whole. Home values are owners' estimates, not sale prices.
Near Brooklyn
The closest sectors of New York City, by distance between population centres.
Other sectors of New York City
All of New York City · Professionals in New York · All states
Five trades, one spot each
Payotte lists one professional per trade in Brooklyn. No one is listed yet: every spot is open.
- Real estate agentOpen spot
- Mortgage loan officerOpen spot
- Home inspectorOpen spot
- Real estate attorneyOpen spot
- AppraiserOpen spot
Work in one of these trades in Brooklyn? Ask for your spot.