Finding a reasonably priced apartment in neighborhoods across Brooklyn is becoming more difficult by the month, and Williamsburg is certainly no exception. You can expect to pay upward of $3,000 for a one-bedroom apartment in the nabe, though the looming 15-month shutdown of the L train may lead to a reduction in rents there.
The latest saving grace for Brooklyn apartment seekers comes in the form of a new housing lottery for 16 newly constructed units at 781 Metropolitan Ave. The lottery includes four studio apartments with rent at just $867 per month, four one-bedrooms going for $931 per month and another eight two-bedroom pads at $1,123 per month.
The cheap studios are a touch more expensive than the pair of $833 Williamsburg units that opened up through a housing lottery last month but are still among the most coveted apartments in the entire borough. To qualify for one of them, applicants must have an annual household income of no less than $31,612 and no more than $57,240.