Brooklyn renters are stretching their wallets, with the average rental pricing up 6.06% compared to last year, according to a report by M.N.S Real Estate. The report tracked 16 neighborhoods in the borough.

The average rental prices decreased in September from $3,970 to $3,932. However, the average rental prices across the borough for studio, one-bedroom and two-bedroom units by 3.7%, 6.47% and 7.26%.

Dumbo ranked as the most expensive neighborhood for studios, one-bedrooms and two-bedrooms with the average rent for a two-bedroom listed as $6,684.

Bay Ridge was found to be the least expensive for renters with a studio and one-bedroom - studios going for an average of $1,850. Borough Park and Sunset Park were the cheapest monthly rent for two bedrooms, with the average cost of $2,975.

Bed-Stuy, Cobble Hill, Downtown Brooklyn, Flatbush, Greenpoint and Clinton Hill were among the neighborhoods that jumped in rent.

Prices decreased in Bay Ridge, Boerum Hill, Bushwick, Williamsburg, Crown Heights and Dumbo.

"What happens is, because we have a 1.4% vacancy rate in New York City, meaning there's effectively almost no available apartment. You have prospective tenants all battling for the same units," said Kenny Burgos, former NYC Councilmember and now CEO of New York Apartment Association.

Burgos says it's no secret as to why rent has been on the rise for the last several years with major issue of supply and demand in the borough.

"Unfortunately, if we do not build enough housing and I mean really, really fast, we're going to see this problem continue to come down the line," said Burgos.

With the mayoral election two weeks away, affordability remains at the top of minds for voters.

Democratic Candidate Zohran Mamdani has vowed to free the rent, while former Gov. Andrew Cuomo promised to build more housing across all income levels. Republican Candidate Curtis Sliwa wants to convert commercial spaces into affordable apartments.

Burgos says whoever is elected the next mayor needs to put their focus on property taxes.

"The No. 1 control the mayor has from a cost perspective is property taxes. Property taxes in New York are notoriously unfair, inequitable. You can have a condo in Manhattan that is bought for $5 million, that pays less property taxes than a homeowner in the Bronx. You can have a rent stabilized building you often do, that pays six figures in property taxes, with rents that are coming in lower than $1,000. These things are just so lopsided and is why we're seeing such a sort of mismanaged, and mis allocated housing stock in the city," said Burgos.