Press Archives

MNS: Double-Digit Rental Increases Over Past Year

By Aigerim Kikimova on July 19, 2012

Up, up, up. That’s the best way to describe the direction of rental prices for studios, one-bedrooms and two-bedrooms in Brooklyn over the past year. Real estate firm MNS has crunched the numbers and found that on average rental rates were up over 10 percent in June over a year earlier. Two-bedrooms led the pack with an increase of 12.7 percent followed by studios at 10.4 percent and one-bedrooms at 9.7 percent. Dumbo was the most expensive in all three categories. You can click on the image above to make it larger.

Full Article

Categories: Blogs · Magazine · Newspaper · Rental Market Report