Greenwood has seen a resurgence in interest as living costs rise in neighboring areas like Park Slope and Windsor Terrace. A broker's experience highlights that clients can find rentals under $3,000 with garden space, making it an appealing option. StreetEasy indicates a 9% rise in search interest, securing Greenwood's spot as a noteworthy neighborhood for 2025. With a history of being rediscovered periodically, Greenwood offers affordability amidst rising prices, attracting those priced out of more expensive areas with its relatively lower rent and communal green spaces.
"We got him into something under $3,000 with a garden, paved and beautiful," says Mack, who has lived in the neighborhood for the last 15 years.
"That's a pretty big jump," says Kenny Lee, senior economist at StreetEasy.
"It's not such a secret place anymore," says Mack, reflecting on Greenwood's cycles of popularity.
Prices in the little neighborhood have risen over the past five years along with the rest of the borough - median asking rents have gone up by 36 percent."
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