Real Estate

Brownsville Rents Dropping Despite Citywide Price Surge, Data Shows

The neighborhood was one of six where prices are lower than they were before the pandemic.

Brownsville is one of six neighborhoods where prices are lower than they were before the pandemic.
Brownsville is one of six neighborhoods where prices are lower than they were before the pandemic. (Anna Quinn/Patch.)

BROWNSVILLE, BROOKLYN — Renters in Brownsville can still find pandemic deals despite a citywide surge in apartment prices, according to a new study.

Brownsville was one of six neighborhoods where apartment prices are actually less this year than they were in 2019, even as rents surge back to and even above their pandemic lows in the rest of the city.

The neighborhood's median rent price was a 9 percent less than it was in 2019, according to the data from apartment review platform openigloo.

Find out what's happening in Brownsville-East New Yorkfor free with the latest updates from Patch.

(Courtesy of Openigloo).

The low prices even include a drop in median rent prices between 2021 and 2022, when most of the city's neighborhoods were seeing a sharp increase in apartment price-tags.

Rents citywide rose 33 percent between January 2021 and January 2022, the New York Times recently noted. That number is almost double the national rate of increasing rent prices, according to the outlet.

Find out what's happening in Brownsville-East New Yorkfor free with the latest updates from Patch.

In some neighborhoods, the change was even more drastic. The New York Times notes that the Upper West Side and Williamsburg both saw rents increase around 40 percent in the past year, more than making up for a 20-percent drop during the pandemic.

Here's a look at how Brownsville's prices have fared:

  • January 2019: $2,100
  • January 2020: $2,000
  • January 2021:$2,000
  • January 2022: $1,825

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