Albany city: Median Gross Rent Trend
How Albany city's median gross rent changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$1,739
2023
$2,389
Total change
+$650
% change
+37.4%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $1,739 | — |
| 2019 | $1,856 | +$117 (6.7%) |
| 2020 | $1,927 | +$71 (3.8%) |
| 2021 | $2,110 | +$183 (9.5%) |
| 2022 | $2,272 | +$162 (7.7%) |
| 2023 | $2,389 | +$117 (5.1%) |