Real Estate Bay Ridge rent hikes highest in Brooklyn: report A view of the Verrazano Bridge from 5th Ave and 86th street. (Anthony Lanzilote) Photo Credit: A view of the Verrazano Bridge from 5th Ave and 86th street. (Anthony Lanzilote) By DAN RIVOLI firstname.lastname@example.org @danrivoli Updated November 13, 2014 12:01 AM Print Share fbShare Tweet Email Bay Ridge had the biggest hike in average rents in Brooklyn in October, according to a new real estate report. Average rents in Bay Ridge spiked 9.4% compared to last year as the monthly cost for studios and one- and two- bedroom apartments grew. Last month, an average studio cost $1,389 a month, compared to $1,157 a year ago and $70 more expansive than in September. DUMBO and some central Brooklyn neighborhoods, like Fort Greene and Prospect-Lefferts Gardens, saw studio rents increase, as well, according to the report from real estate firm MNS. "As these areas build and become more in demand, you're seeing the entry-level price point very appealing to the younger generation," MNS CEO Andrew Barrocas said. "That's why you saw the increase." In DUMBO, studios were going for $3,641 in October -- about $500 or 15.77% higher than rents last year. Meanwhile, in central Brooklyn neighborhoods, studios and one-bedrooms are trending upward. "People are getting priced out of the primary Brooklyn neighborhoods," Barrocas said. "These secondary areas are feeling the positive price increase." By DAN RIVOLI email@example.com @danrivoli Dan covers transportation, politics and general assignment news for amNewYork. He is a Staten Island native who lives in Brooklyn. Share on Facebook Share on Twitter Comments We're revamping our Comments section. Learn more and share your input.