57 Jay St
57 Jay St,
Brooklyn, NY 11201
$6,180
1 Bed
DUMBO
Brooklyn, NY
DUMBO - Brooklyn, NY Area Guide
A waterfront neighborhood bordered by famous bridges
Walkable
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Artists
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Artistic
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River
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History
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Trendy
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Mass Transit
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Bike-Friendly
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Sandwiched between the Brooklyn Bridge and the Manhattan Bridge, this tiny waterfront neighborhood began as an industrial area in the 19th century. Local lore says that when artists moved into the neglected Victorian factories in the late '70s, they dubbed the area Down Under Manhattan Bridge Overpass, or DUMBO, as counter-branding to thwart potential developers. Today, the renovated factories have transformed into apartments and lofts, many retaining original timber beams and red brick walls. In addition to the historic digs and cobblestone streets, residents list short commutes to Manhattan as a major draw, with 10-minute subway rides to the Lower East Side and 20-minute rides to Midtown.
Encircled by parks and bike paths, DUMBO offers grassy lawns and sweeping views of the East River. The area remains home to many art galleries, as well as St. Ann's Warehouse, a performing arts venue. The restaurant scene tends toward chic eateries and cafes, in addition to several old-timers such as Juliana's, a popular pizzeria.
Explore the Neighborhood
DUMBO's Brooklyn Bridge Park
Residents enjoy a great view of the Brooklyn Bridge and the Financial District
The Manhattan Bridge, framed by historic warehouses
The iconic Brooklyn Bridge is one of the nation's oldest, built in 1869
Pedestrians on the Brooklyn Bridge
The landmark clock tower at 1 Main Street was built by Robert Gair in 1914
Rent Trends
As of March 2026, the average apartment rent in DUMBO is $3,903 for a studio, $4,921 for one bedroom, $6,897 for two bedrooms, and $8,789 for three bedrooms. Apartment rent in DUMBO has increased by 1.6% in the past year.
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Studio
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414 sq ft
Average Sq Ft
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$3,903/month
Average Rent
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1 BR
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610 sq ft
Average Sq Ft
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$4,921/month
Average Rent
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2 BR
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806 sq ft
Average Sq Ft
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$6,897/month
Average Rent
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3 BR
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941 sq ft
Average Sq Ft
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$8,789/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly DUMBO - Brooklyn, NY is for everyday living.
Walker's Paradise
98
/ 100
Lace up your walking shoes because this area is considered a walker’s paradise.
Rider's Paradise
100
/ 100
Living in this area is considered a rider’s paradise, with world-class transportation.
Very Bikeable
88
/ 100
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Scores provided by Walk Score
Points of Interest
Shopping Centers
Parks and Recreation
- Cadman Plaza Park
- Brooklyn Bridge Park
- Commodore Barry Park
- Cobble Hill Park
- Fort Greene Park
Transit / Subway
Commuter Rail
Military Bases
Airports
- LaGuardia
- Newark Liberty International
Top Apartments in DUMBO
Property Management Companies
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3,495
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.