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
$534
2023
$520
Total change
$14
% change
-2.6%
| Year | Median Gross Rent | Change |
|---|---|---|
| 2017 | $534 | — |
| 2019 | $532 | $2 (-0.4%) |
| 2020 | $501 | $31 (-5.8%) |
| 2021 | $463 | $38 (-7.6%) |
| 2022 | $559 | +$96 (20.7%) |
| 2023 | $520 | $39 (-7%) |