Which Brooklyn Neighborhoods Have the Heaviest Rent Burdens?
Least Rent Burdened
In Park Slope/Carroll Gardens/Red Hook, where median rent runs $1,735—almost double Coney Island’s—the rent burden is only 26.4 percent, slightly down from 2005; in Brooklyn Heights/DUMBO/Fort Greene, it’s 29 percent, slightly higher than in 2005. In Williamsburg/Greenpoint, it’s 30.5 percent—more than two percentage points lower than it was in 2005. All of which is to say that rents have not become significantly more burdensome during Bloomberg’s mayoralty (despite the recession) for most people living in the most gentrified and developed neighborhoods even as those rents increased—indeed, for many it became less burdensome. (Though the median rent for people who recently moved to these neighborhoods is often hundreds of dollars more than the general population’s median rent.) It became, however, significantly more difficult for most of those living elsewhere. [photo]
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